- Income Verification – Nesbitt Realty & Management establishes salary, prospects for continued employment, job title and job status. Depending upon the potential lessee's debt load, a tenant needs to earn not less than 3 to 4 times the monthly rent in gross income to qualify for rental.
- Credit History – The applicant's credit history informs us about the applicant’s current and past performance repaying debts and other responsibilities. 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 possible lessee learn more about a rental home, the agent takes an application. The application is accompanied by supporting documentation so that Nesbitt Realty can verify and examine all information included on the application. The applicant pays for the cost of the background check at the time of application.
The first step for Nesbitt Realty & Management to shop the right renter is to market your investment unit to prospective renters moving to Northern Virginia. But the second step is to identify the best-possible tenant. Investigating potential lessees is one of the most important responsibilities of any market savvy rental manager in 22304 in Alexandria.
Nesbitt Realty scrutinizes the applicant’s past behavior. With that in mind, Nesbitt Realty assumes the applicant’s future behavior will be the same or similar. The applicant should demonstrate a history of being a reliable, trustworthy renter and at the same time having the income and debt-ratio to manage rent. Our background checking process is founded on several fundamentals including: