If you are thinking of renting a home in Los Angeles, you are going to need to provide a credit report.
Once a year you can get a free credit report Two of the ones that I like my clients to use are freecreditreport.com and creditscore.com/creditreport.com (one and the same company), which charge $12.95. I have been told that the most reliable one to use is annualcreditreport.com
You will run a full report, not just get the scores, on all three bureaus which you will be able to email. Also, the landlord may require proof of funds to show that you can cover at least a year’s worth of rent.
Unfortunately for some of my clients, their credit has not served them well. Landlords are becoming extremely picky about prospective tenants’ credit scores and have eliminated some very good candidates. They tend to be wary of scores in the 600s, even though there may be a good reason for those lower scores.
If you feel your credit score is going to let you down you may consider looking for a co-signor or guarantor for the lease. This will be the case if you are new to the country and have not established credit. And of course, if you can afford it, you may pay a year’s rental in advance which allay any concern on the landlord’s part.
Like the the housing market in general, the rental market is suffering from low inventory. You need to look as strong as possible when applying for a lease. There is a lot of competition.
Homes for lease in Los Angeles
Buying or Selling Los Angeles Real Estate
Buying or selling a Los Angeles home can be a daunting process in a city this size, especially if you’re new to L.A. Town. You’ll need a resident expert to show you around and help you narrow down the areas where you might like to live. I will help you find the perfect home in the right area to fit your lifestyle, budget and needs!
When I list and sell Los Angeles homes for my clients I strive to make the experience a pleasant one. My mission is to provide outstanding service while utilizing the best practices and systems available.
If you are an absentee owner, you’ll need someone to handle all the details that you can’t handle remotely. That’s where I come in – I’m there when you can’t be. I also specialize in lease property in Los Angeles.
Westside Los Angeles Real Estate, including, but not limited to:
- Westwood Real Estate - Westwood single family homes, Westwood condominiums, Wilshire Corridor condominiums, Century City condominiums
- Brentwood Real Estate - Brentwood single family homes, Brentwood condominiums
- Santa Monica Real Estate - Santa Monica single family homes, Santa Monica condominiums
- Beverly Hills Real Estate - Beverly Hills single family homes, Beverly Hills condominiums
- Culver City Real Estate - Culver City homes
- Silver Lake Real Estate - Silver Lake single homes
- Echo Park Real Estate - Echo Park homes
For more information on how I can best serve your Los Angeles real estate needs, don’t hesitate to fill out the contact form or give me a call at 310-473-6919.