When running a background check on a potential tenant, the report will give detailed personal information about the applicant. A background check pulls information from public records to confirm the applicant's identity and provide a clearer picture of their residential, employment, and financial history. Tenant Background Search offers a fast and easy online service to address any landlord's needs in assessing a potential tenant.
A person's residential history can provide you with a better understanding of where the person has lived in the past and how long they typically reside in one location before moving to the next. This is helpful for landlords looking to find tenants who are interested in specific short- or long-term rental options and ensure the property is the right fit for the applicant's needs. It is also helpful to have an understanding of a person's rental history, whether they have experience renting in the past, for how long, and whether or not they made payments on time. Additionally, it is incredibly important to know if the applicant has a history of property damage or destruction, disturbing other tenants, or even a history of eviction.
A background check can also help verify the accuracy of the applicant's employment information listed on their application. It is important as a landlord to have an accurate understanding of the potential tenant's expected income for the duration of the lease, and an employment history can shed light on how long the applicant has been employed and their current salary. An application and background check may also provide additional employment-related information to help the landlord determine the tenant's rent to income ratio, helping ensure the potential tenant will be able to afford the rent and other living expenses. If you have a minimum income requirement, the background check report is the most accurate representation of the applicant's income and you can check this information here.
Other information regarding a potential tenant's financial history may prove to be important in the background search. Tenant Background Search offers various levels of packages, with the standard package offering a background check, the standard plus package offering a background and credit check, and the comprehensive package also including a history of eviction report. When reviewing a potential tenant's credit report information, you will see their credit score, which is made up of a variety of important factors such as their payment history, their credit card utilization, and their credit availability.
Finally, a Tenant Background Search report will also include information on the applicant regarding any criminal records, such as any misdemeanors or felonies, and whether or not the future tenant is on the sex offender registry. It is important to understand the state and local laws regarding what information in a criminal record you may use to base your decision on an applicant. In general, the idea of reviewing an applicant's criminal record is to help you determine whether or not the applicant would be a good renter for your property. Use Tenant Background Search services for all your background checks and credit checks in order to help you identify the best tenants for your property.