- Application – After the prospective renter stop bys a rental, the agent takes an application. The application is accompanied by supporting documentation so that Nesbitt Realty can verify and scrutinize all information included on the application. The possible renter pays for the cost of the background check at the time of application.
- Credit History – The potential lessee's credit history informs us about the applicant’s current and past performance repaying debts and other responsibilities. The potential renter’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 investigates salary, prospects for continued employment, job title and job status. Depending upon the possible lessee'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.
Checking the backgrounds of applicants is one of the most crucial chores of every rental property manager in Northern Virginia.
Our tiny real estate business doesn't “sell” rentals. We market properties to the public to discover the best renter. How do you find the a dependable tenant for your investment detached home in 22201 in Arlington County?
Nesbitt Realty look ats the applicant’s past behavior. With that in mind, our team assumes the applicant’s future behavior will be the same. The applicant should demonstrate a history of being a honest, reliable tenant while having the income and debt-ratio to manage rent. Our background checking process is founded on several elements including: