How to rent safely during the depression (real estate, foreclosure, credit check)

[Thatguywho]

Common sense advice written back in April 2008 to avoid problems as a renter during times of a real estate crash.

Full article
How to rent safely during the Depression - Bob's tips on renting safely during the next few years....

Here is the deal. As a renter you are facing a few situations.

1- Everything is fine, good rental

2- The owner is in foreclosure and in the middle of your lease there may be a sheriff’s note on your door telling you to move.

3- The person you rented it from does not own it. That person just found an empty house in foreclosure and has run off with your money.

The first one above is good. The next two can break you. So, what do you do to protect yourself?

[Philip T]

Agreed.

It is getting to where would-be landlords will need to pass credit checks.

[Humanoid]

I've warned a number of people about this over the last year or so. Many didn't take it too seriously. I gave up on trying to figure out who was a real landlord or and who wasn't and rented a decent apartment home from a company with a long history in the area.

Although its not a house, I don't need to worry much about getting kicked out.

[Woof Woof Woof!]

Thanks. Good to know!