If you are a realtor, a property manager, or a landlord, one of the most essential things that you should bear in mind is the importance of tenant screening. If you assess a tenant without further investigation, it might lead to loss due to property damage, unpaid rental and court costs linked with eviction. This is why it is a must do step before accepting tenants. By using tenant screening services, you will be able to know a person’s identity, credit, criminal, eviction, bankruptcy, liens and judgments, and others. By knowing these things, it will help you in your decision in finding high quality renters.
One importance of tenant screening is the verification of information that your tenants supplied. This will help you realize if your tenant is trustworthy or not. If the tenant screening results doesn’t match with the rental application, then clearly, your possible tenant is lying or hiding something from you.
Another advantage is that you lower the possible risks that your tenant may incur in the future. By knowing a tenant’s past record and behavior, you can conclude and visualize his future actions. What you know in an applicant’s history will help you discover noticeable issues. Other than that, tenant screening reports will help you know if the applicant can afford your unit and if he can pay on time. It will also decrease the possibility of managing evictions and other unknown issues in the future.
Tenant screening services also gives you an easier process of rental applications. It eliminates the stressful and time-consuming paperwork and procedures that comes with the application process. It also gives you all the right information necessary for you to decide which tenant to accept easily. It saves you both time and money.
Lastly, your current tenants have the right to a safe, enjoyable and stress-free environment. Tenants who often cause misbehavior and misconduct may ignite problems and push away current tenants. Evicting rude and offensive tenants are too much work on your part and are also expensive. Therefore, tenant screening is not only beneficial to you, but also to your tenants’ neighborhood.
However, you should know the right screening protocols in your tenant background checks. A good and beneficial tenant screening report will most likely include at least a criminal record, a credit score, an eviction history, if there is any, and sexual offenses. By getting an applicant’s criminal record, you will ensure the safety of the renters in the neighborhood. A good credit score is one of the indications of a potential renter because they pay on time. An eviction history helps you to get to know the past problems that may reoccur in the future. Sexual offenses records help you determine and decline tenants with that history. They might become a threat to the current tenants if they are allowed to rent a unit in the place.
To get the best, accurate and reliable tenant screening services available in the US, don’t forget to visit http://www.intelifi.com/services/tenant-screening/