Vetting possible renters is one of the most essential responsibilities of the successful rental management in Alexandria of a rental in Northern Virginia.
Nesbitt Realty investigates the applicant’s past behavior. With that in mind, Nesbitt Realty and Management assumes the applicant’s future behavior will be the same or similar. The applicant should demonstrate a history of being a honest, solid renter as well as meeting our financial criteria. Our background checking process is founded on several basics including:
- Application – After the possible renter learn more abouts a rental end unit townhouse, the agent takes an application. The application is accompanied by supporting documentation so that our award-winning real estate business can verify and examine all information included on the application. The prospective renter pays for the cost of the background check at the time of application.
- Credit History – The potential renter’s credit history informs us about the applicant’s current and past performance as far as debts and other obligations. The prospective lessee’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.
- Income Verification – Nesbitt Realty & Management confirms job status, salary, job title and prospects for continued employment. Depending upon the applicant’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.
If accepted, the applicant’s in-processing includes a lease, lease signing, collecting pro-rated rent, and providing the tenant with a copy of any association documents needed for disclosure and instruction on rules and regulations associated with the rental home and community.
For a complete break-down our process, contact Will Nesbitt or read more here. Our family-run operation has these critical associations: National Association of Residential Property Managers, Northern Virginia Association of Realtors, Virginia Association of Realtors, and more. Our small business licensed by the Commonwealth and we are REALTORS®
Nesbitt Realty is a mom-and-pop real estate shop!