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Real Estate
Reply to "Landlords: Would you rent to a family who had been foreclosed? "
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[quote=Anonymous][quote=Anonymous]Property manager here. You have to read more into a family's foreclosure. Many families simply bought at the peak of the market and screwed up. But, they still have income. That's the key - INCOME. If the family can show they have steady income that can pay for the rent then (if the rest of their financials are okay) it's okay to lease to them. The main focus is on steady income. [/quote] Would you rent to someone who is unemployed, has great credit, lots of cash savings (enough to pay rent for years) but is unemployed?[/quote]
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