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Rental Basics in 21401 : Real Estate Advice

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  • Home Buying11
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Activity 3
Fri Nov 23, 2012
Richard Iarossi answered:
The compensation to the Brokerage is listed in the Multiple Listing Service. For a rental, it's usually all, or a portion of the first month's rent. The Brokerage then shares that with the agent based on their split. ... more
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Thu Jul 12, 2012
Michele Monti answered:
I have a listing on Blackwell in Annapolis that is a PRE foreclosure. Feel free to contact me should you have any further questions. 410.841.8295... Michele.monti@cbmove.com
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Tue Mar 23, 2010
Richard Schulman answered:
I use a local service that specializes in rentals, for credit apps, which I recommend to my clients. If you have an agent that you worked with to buy your property, as them what they�39;d recommend.

As far as bad credit: In a tougher rental market, you may find you need to ease your standards a bit. That's not to say you should put yourself in an at-risk situation. First of all, I don't it when rental applicants lie. If they say they have excellent credit, then I find 2 years of unpaid child support payments on their record, that's not going to work. Also I've found elaborate stories might be indication of a problem - everyone has a story for everything, and if it sounds fishy, there may be a reason. If someone has otherwise good credit but has something like a unpaid medical bill with a reasonable explanation, that's the kind of thing I might let pass.

However, if someone had less-than-perfect credit, I might ask for a higher security deposit. Perhaps 2 months or a month and a half.

Good luck,

Richard Schulman
Keller Williams Realty
... more
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