- Credit History – The applicant's credit history informs us about the applicant’s current and past performance in meeting their financial obligations. The applicant’s credit report also tells us their monthly debt and shows their previous addresses (which we compare to addresses listed on the application). An applicant must have acceptable credit to qualify.
- Application – After the applicant views a rental property, the agent takes an application. The application is accompanied by supporting documentation so that Nesbitt Realty can verify and check out all information included on the application. The applicant pays for the cost of the background check at the time of application.
- Income Verification – Nesbitt establishes job status, salary, job title and prospects for continued employment. Depending upon the applicant's debt load, a tenant needs to earn a minimum of 3 to 4 times the monthly rent in gross income to qualify for rental.
Leasing homes is not about finding renters. It's about finding the the best-possible tenant. Qualifying applicants is one of the most crucial chores of the successful rental property management in 22303 of a rental in Northern Virginia. Nesbitt Realty & Management look ats the potential renter’s past behavior. With that in mind, our team assumes the prospective lessee’s future behavior will be similar. The possible tenant should demonstrate a history of being a solid, honest tenant and also having the income and debt-ratio to manage rent. Our background checking process is founded on several elements including: