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Credit Check Question??

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mommy2Alex
3 babies for me :)

Member since 5/05

6683 total posts

Name:

Credit Check Question??

DH and I own a 2 family house. Our tenants of 5 years moved out and now we are looking for new tenants. DH wants to run a credit check on the potential tenants, anyone know how we can do this? Is it legal for us to do this? Any info would be helpful. TIA!!!!

Posted 1/24/06 7:24 PM
 
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MrsProfessor
hi

Member since 5/05

14279 total posts

Name:

Re: Credit Check Question??

I used to live in a building that had an RE office, and they handled rentals and ran credit checks. Maybe it would be worth it to call one? If they find you a tenant it's the tenant who pays the fees so I don't think you would be out of pocket anything.

Posted 1/24/06 8:57 PM
 

PiyoPika566
talk to the hand

Member since 5/05

1436 total posts

Name:
Stephanie

Re: Credit Check Question??

Posted by MrsProfessor

I used to live in a building that had an RE office, and they handled rentals and ran credit checks. Maybe it would be worth it to call one? If they find you a tenant it's the tenant who pays the fees so I don't think you would be out of pocket anything.



I am pretty sure it's legal, I've seen landlords asking for credit checks all the time.. and they even ask the potential tenants for $30 for a credit check.

Posted 1/24/06 9:45 PM
 

DjPiLL

Member since 5/05

3664 total posts

Name:
Richard

Re: Credit Check Question??

You have to get the request in writing or else you can be sued.

Posted 1/24/06 10:30 PM
 

mommy2Alex
3 babies for me :)

Member since 5/05

6683 total posts

Name:

Re: Credit Check Question??

Posted by DjPiLL

You have to get the request in writing or else you can be sued.



We were going to do this. Do we just calll a credit agency and tell them we are landlords with a written request for a credit check?

Posted 1/25/06 9:12 AM
 

DjPiLL

Member since 5/05

3664 total posts

Name:
Richard

Re: Credit Check Question??

Posted by mommy2Alex

Posted by DjPiLL

You have to get the request in writing or else you can be sued.



We were going to do this. Do we just calll a credit agency and tell them we are landlords with a written request for a credit check?




The laws are very particular about this. You might want to talk to an attorney to get properly advised.

Posted 1/25/06 10:44 AM
 

mommy2Alex
3 babies for me :)

Member since 5/05

6683 total posts

Name:

Re: Credit Check Question??

Posted by DjPiLL

Posted by mommy2Alex

Posted by DjPiLL

You have to get the request in writing or else you can be sued.



We were going to do this. Do we just calll a credit agency and tell them we are landlords with a written request for a credit check?




The laws are very particular about this. You might want to talk to an attorney to get properly advised.



Thanks for the advice!

Posted 1/25/06 10:58 AM
 
 

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