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Why do apartment managers charge more when people have bad credit?
Wiki User
∙ 12y ago
They might ask for an extra deposit or an extra month's rent because people with low credit scores have a higher risk of defaulting on the contract (not paying rent or leaving the apartment before the contract is up). Because of the higher risk, they might charge more up front, but they shouldn't be charging you a higher rental rate in general.
Wiki User
∙ 12y ago
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Do apartment rental agencies charge a fee?
Apartment rental agencies do charge a fee. That is how they would make their money. People contact them when they need and apartment and the agency will connect them in apartments avaiable in the area.
How do i rent an apartment with bad rental history?
You can rent an apartment with bad rental history by going to your town or county and asking for a list of apartments and houses that rent to low income people. These people typically don't have good rental history but the managers and owners will work with them. You can also apply anyway and may have to put down a larger deposit than someone with good rental credit and credit history.
What is apartment leasing and its benefits?
The benefits to leasing an apartment are that you do not tie up your capitol. It is also the only option available to people who don't have great credit.
Who are management?
Managers are people that are in charge of providing direction to a singular person or a group of people to accomplish a specific goal or multiple goals.
If you broke a apartment lease can you get another apartment?
Might be harder if it goes on your credit report. Most apartments check credit these days and also ask for a reference. However, EZ Lease Rentals make it possible for you to get another apartment even if you have broken lease. The company accepts people with such issue and other problems like bankruptcy, eviction, foreclosure and bad credit
What is the difference between a supervisor and manager?
Managers are people who make decisions on how a company operates and are responsible for the company as a whole. Supervisors are people who ensure staff work as the managers require them to and are only responsible for the staff they supervise.
Can you be denied an apartment at a tax credit community if your credit is bad because of disability?
You can be denied an apartment by any community and for any reason except reasons for which a person is discriminated against: color, sex, religion, disability, sexual orientation, and other protected reasons. Whether the apartment complex is a tax credit Apartment complex or a conventional apartment, the selection criteria is generally the same, because whether it is a tax credit apartment complex or conventional, it is still privately owned. When an apartment complex performs a credit check, they are not looking for those people who don't pay their credit card bills or their medical bills, or are they paying either; they are looking for those who are not paying their utility bills or for those who have been evicted from a previous rental property. This will be true regardless of whether the person is disabled.
If you pay 6 months rent upfront will you be able to rent a property with bad credit history?
Usually, it depends on the landlord though. That's how most people with bad credit get an apartment.
How to Save Money on Apartment Application Fees?
Most people can save money on apartment application fees.This is true because most people can find deals on most apartment application fees if they are willing to shop around. To see what we mean, here are some tips that can help consumers save money on most apartment application fees:Try to get free copies of your credit report before searching for an apartment.Most landlords charge an extravagant amount of money for a simple credit check. Many apartment hunters can bypass this expense by obtaining free copies of their credit report from the federal government’s annual credit report website. If you plan to do this, be sure to make several copies of your report. This will help you streamline the application process.Try to rent an apartment that is owned by a private owner.It is a good idea to rent an apartment that is owned by a private owner. This is the case because most private owners offer discounts on application fees to entice tenants to move in to their apartments. Many private owners can afford to do this because they often have lower overhead and advertising costs than real estate firms who rent out apartments.If you can, try to apply for an apartment online.Many landlords are starting to offer prospective tenants discounts on rental applications that are processed online. This is true because landlords can save money screening potential tenants by processing rental applications online. Therefore, it is a good idea to ask prospective landlords if they offer application fee discounts for online rental applications.Finally, be sure to look for apartment owners who charge low apartment reservation fees.Many renters can save money on reservation fee costs by doing business with apartment owners who charge low apartment reservation fees. This is especially true in larger US cities that have high apartment vacancy rates. Renters can find these owners by searching for ads in apartment rental guides that are published by Primedia and other publishers which cater to apartment owners. Look for these guides in supermarkets, restaurants and other popular places that cater to people looking for information while on the go.
is this low income housing for families and single people...subsidized housing where they charge by income. if so i would like an application.....where can i get one?
There are plenty of apartment buildings that subsidize housing. You need to apply directly at the apartment complex that you're interested in. yes
What are the major function of managers?
Managers oversee people, assets, or anything really. For instance, the manager of a store is in charge of all aspects of the store. The workers, product stock, advertising, and maintenance. The manager of a money fund, like mutual fund or hedge fund, manages what the money in that fund is invested in, to get the best return for the investors and maintain security of their money. A good manager, at 1stchoicefamily.com, for instance, is in charge of making sure the salespeople present the family help programs, no upfront fee mortgage modification programs, and credit card debt settlement services in an ethical way. They are also in charge of new client applications, submitting those applications, and customer service to the applicant. A good manager at Overstock.com would be either making sure orders are fulfilled, stock is kept for their items, or even that the website content is correct. They each would have a staff who works with them. One reason to have managers, or to be one, is that a company's CEO cannot possibly discuss things with everyone. So he/she talks to the executives, who then pass information to the managers. There can be many levels of managers in a company, who all pass information down to the people they are in charge of.
What are the consequences of lying on rental application?
The consequences for lying on a rental application is probably going to be the same as lying on a job application: if you do get an apartment and it is later found that your application was false your lease could be terminated and you could be evicted. However, in most cases it depends on the type of lie that was detected. For example if you deny that you have criminal record, especially a sex offense, and they find that you do have criminal record you obviously will be denied an apartment. The general rule is: if you're going to fill out an application for anything, be it a job or an apartment, anticipate that all the information on it will be verified. This is especially true in apartment applications because apartment complex owners and managers are obliged to protect the residents of their complex by filtering out people who do not meet the minimum rental criteria, such as an acceptable credit history and acceptable criminal record.
