How To

How to Rent an Apartment after Foreclosure

Member
By Susan Golis
eHow Community Member
(25 Ratings)

If you are in a housing crisis, do not despair. Here are some tips to show you how you can rent an apartment after a foreclosure.

Difficulty: Moderately Challenging
Instructions

Things You'll Need:

  • Current credit report
  • Money
  • Professional references
  • Social security card
  • Bank statement
  • Driver's License
  • Pay stub,
  • Rental history,
  • Employer; name address and phone number
  1. Step 1

    Check your credit report to make sure there are no errors. If you see that you have late payments, or a foreclosure on your credit, be aware that this is a red flag. Do not stress out, there are property owners that are willing to work with you.

  2. Step 2

    Review the classified in your local newspaper. Look for smaller apartments, duplex, condominiums and town houses.. Check your bulletin board at your church and ask co-workers, friends and family. Word of mouth is a good way to find rental housing. Make a list of rental properties. Call and make an appointment to meet with the property owner, or property manager.

  3. Step 3

    Property owners of small rental properties may look at your credit. If they do, they are more interested in your payment history.

  4. Step 4

    Many proprietors will work with you. They may ask you to have someone Co-sign for you. Alternatively, they may suggest that you pay several months in advance, along with a security deposit.

Tips & Warnings
  • Proprietors look at payment history
  • Letters from previous rental properties are a plus
  • Steady employment is a factor as well
  • Rent Apartment before your house goes into Foreclosure
Resources

Comments  

| View All 26 Comments

jkopinion said

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on 6/21/2009 Great helps in tough times! 5*

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on 6/4/2009 Good info!

campanaro said

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on 3/31/2009 Good advice. Hope I never have to follow it!

tachic said

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on 3/30/2009 Foreclosures are tough to live with. Good advice

camom said

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on 2/15/2009 Great advice for many, many people. 5*s. Thank you!

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