Are you looking for a rented apartment? You rummaged through a number of online deals, contacted the relevant landlords, and whoa! All of them rejected you. So, what is wrong with you? You aren’t a criminal. You are well-behaved and decent. You are sure nobody would speak ill of you. Your past landlords had no major issues with you apart from the fact that you were late in paying your monthly rentals a couple of times.
So you thought the last factor wasn’t that important? “But, you paid your rentals albeit a bit late,” you would argue. But, this matters a lot in the eyes of a potential landlord. Even if you have no criminal background and behave your best with everyone, but are slack when it comes to paying rentals, your score is lowered when it comes to being a good tenant. After all, landlords hire their homes for the sake of money.
real estate valuation methods” src=”http://share-ask.com/wp-content/uploads/172.jpg” width=”220″ height=”229″ />Your credit history is a very crucial factor that could spell the difference between an ideal tenant and a tenant with whom landlords would stay away from. Your credit score doesn’t just depend on your timely and regular payments of rentals, but there are many other factors too.
Property Appraisal – For Property Buying/Selling
You should have a job that acts as a regular source of your income. Your debts should be nil or minimal. If you have a property in some other city, but you need to rent a house somewhere else, you could use it as your asset for mortgaging. If you aren’t sure of the property value, hiring a New York Property Appraiser makes sense. An appraisal report is a proof of your honesty and credibility and serves to enhance your credit score. Having a good credit score opens up new avenues of obtaining credit for you.
A good credit score is your plus point and helps you avail loan from a bank apart from tenancy. A good credit score also helps you obtain credit for your business or for buying a house. Real estate valuation methods is a great way to know the price of your property as per fair market value, so if you want to sell off your house or commercial estate, buyers will be willing to go for it or businessmen will want to invest in it with confidence. A valuation report assures them that you aren’t cheating them with the price of your estate. Greater the faith of customers in you, more is the likelihood of their dealing with you.
Author Bio :-
Aiesha Wells is the staff writer of RD Clifford Associates. RD Clifford Associates, that blogs about property appraiser and helps people on real estate investing.