Standards of Tenant Screening

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Standards of Tenant Screening

• Private Investigations

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To avoid property damage, failure to pay rent,
and other negative outcomes, property owners
carry out tenant background checks.

• The tenant screening process is very much
  important for all landlords to assess the
  prospects ability to meet the expectations of
  the landlord in many different aspects.

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• Tenant screening must follow federal fair housing
  laws otherwise landlords can face hefty fines.
• One of the standards landlords look into when
  checking on a prospect is his credit history. It
  basically shows a prospects means of paying his
  financial obligations in a timely or overdue
  manner. 

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• This is one of many reasons why many property
  managers and owners choose to outsource their
  background check procedures to third parties.
  Companies that perform tenant background checks
  have often dedicated years to gathering eviction
  history tools, so they can usually perform this
  service at a lower cost.

• Evictions indicate that a renter has posed major
  problems for previous landlords. County and
  federal-level databases contain information for
  tenant screening on evictions, but accessing this
  information is too time-consuming for the average
  small property owner. 

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• When the prospect has some imperfections on his
  credit history, a thorough interview as a part of
  the tenant screening might be fair enough to
  conduct especially when the prospect was so open
  and honest to say it because he wants to show the
  landlord that not only is he interested in the
  unit, he is also marketing himself to never be a
  cause of future troubles.

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