- Joined
- Sep 4, 2007
- Messages
- 52
Good Morning:
Last night I had a family approach me to rent the house I have for rent. Before I mentioned that a credit check would be done, the husband confessed that the bank foreclosed their property because they couldn`t make the 3600/month morgtgage payments. My house rents for 1995/month. Both the husband and wife have been employed in their jobs for multiple years. They seem like "bad thing happen to good people".
Other than going through normal procedures (credit check, checking references, etc), is there anything else that can be done? I was thinking of asking for a letter of employment and I was thinking that instead of personal cheques (in the coming months) that they would be on bank drafts for the next 4 months. (if they prove that the foreclosure is the only negative thing)... (nieve question - can bank drafts be post dated??!!
Any advice would be appreciated!
Thanks in advance
Regards,
Susan
Last night I had a family approach me to rent the house I have for rent. Before I mentioned that a credit check would be done, the husband confessed that the bank foreclosed their property because they couldn`t make the 3600/month morgtgage payments. My house rents for 1995/month. Both the husband and wife have been employed in their jobs for multiple years. They seem like "bad thing happen to good people".
Other than going through normal procedures (credit check, checking references, etc), is there anything else that can be done? I was thinking of asking for a letter of employment and I was thinking that instead of personal cheques (in the coming months) that they would be on bank drafts for the next 4 months. (if they prove that the foreclosure is the only negative thing)... (nieve question - can bank drafts be post dated??!!
Any advice would be appreciated!
Thanks in advance
Regards,
Susan