What are tenant screening services?

A growing trend landlords use in evaluating rental applicants is buying online tenant screening services. If you are still unfamiliar to this method of screening prospective individuals, then here are the basics of getting the information you need from a client. This type of service usually has four categories.

1.    Credit Check. A credit report reflects an individual’s payment pattern, payment history, public records such bankruptcies or judgments, collection accounts, and residence or employment information. Another tool for this type of credit check is the tenant credit score card. It has a fast and efficient analysis of your applicant’s credit history and provides “pass, fail, or conditional” scores.

2.    Eviction Report. This report gives you detailed information of possible offense committed by an applicant for having him evicted in previous apartments or houses. You may opt for statewide or nationwide eviction searches.

3.    Criminal Background Search. This search may either be statewide or nationwide as well. This can provide you information a state’s criminal records of individuals for the past ten years, terrorist and predator watch lists, and FBI or America’s most wanted database among many others. Some agencies not only cover criminal records of the state or country, but other neighboring countries as well.

4.    Employment Status. Some companies provide information on the employment history of a tenant. You will get data on employment dates, job titles, and comments from current or previous employers. Aside from employment history you also get to verify social security numbers, tax returns, and motor vehicle records.

There you have it. You now have the four most basic online services you can buy online to learn more about your rental applicant. Most of these are acquired at different costs. Spending money for these services isn’t such a burden when your purpose is the safety, security, harmony and long-term success of your rental business.

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