The foreclosure crisis has predictably led to a spike in rentals. Thousands of individuals and families around the country, forced out of homes they can no longer afford, have turned to rental properties for housing.
If youâ€™re facing this prospect, you should know how your foreclosure might affect your standing with landlords and apartment companies.
An article from WalletPop.com outlines several tips to finding and securing the apartment or rental home you may want after foreclosure. Should you offer a higher-than-requested deposit? How can a creditworthy co-signer improve your chances of getting a rental? Where can you find important information about the costs and living arrangements of housing that better suit your financial situation? Is submitting your rental application actually time-sensitive?
The answer to these questions and much more can be found in the piece above. Check it out. All is not lost after foreclosure. And the better informed you are about the realities of your situation, the more likely youâ€™ll be able to maximize the opportunities available to you.
Please be advised that this article does not constitute legal advice nor does it provide any basis to form an attorney-client relationship. Nothing in this article should be copied without the express permission of the author.
Mr. Hounchell has a law degree from The University of Florida College of Law and he is a partner in The Law Offices of Charles A. Hounchell, P.A. ï¿½ Attorneys & Counselors at Law, in Tampa, Florida. Mr. Hounchell obtained his undergraduate degree from The George Washington University in Washington D.C. and he obtained his MBA in International Management from the American Graduate School of International Management (“Thunderbird”) in Glendale, Arizona..
Mr. Hounchell is a licensed real estate agent with Smith and Associates, Inc. www.smithandassociates.com; www.livecasanova.com. He has lived in many different countries, including Spain, Brazil, Argentina, Mexico and Germany and he speaks Spanish and Portuguese. A significant portion of Mr. Hounchell’s law practice is concentrated on Real Estate Law. He can be reached at 813-230-3376 or email@example.com