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background checks: Using Credit Summary Reports In Your Rental Application Review Process - 10/09/07 03:12 PM
Using Credit Summary Reports In Your Rental Application Review Processby Lisa Wells
If you've been paying attention to the tenant screening industry over the last few years, you've noticed that all three credit reporting bureaus, Experian, Equifax and Transunion, have stricter requirements for businesses that wish to obtain credit reports for tenant screening or leasing decision purposes. These requirements were made stricter in light of the risk to consumers for identity theft and other misuse of their personal information by the inappropriate use and/or access to individual credit reports.
The upside to stricter requirements for obtaining credit reports is obviously increased protection of … (3 comments)

background checks: Questions Every Realtor Should Be Ready To Answer - 09/14/07 01:49 PM
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Questions Every Realtor Should Be Able To AnswerBy Lisa Wells
MSN published a wonderful advisory article for prospective home purchasers today at http://realestate.msn.com/selling/Article2.aspx?cp-documentid=4855652&GT1=10431 .  It encouraged consumers to ask the following questions of a realtor before selecting them as their agent. If you are an agent, you may want to take some time to read the story as it contains good points that can sharpen your marketing skills and sales approach.
The article's premise was that more than "600,000 new agents joined the National Association of Realtors during the real estate boom of the past few years, … (12 comments)

background checks: Why Landlords Are Identity Theft Targets: Ways To Protect Yourself From Renters - 08/29/07 01:49 PM
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Why Landlords Are Identity Theft Targets: Ways To Protect Yourself From RentersBy Lisa Wells
Recent studies have shown that landlords are one of the highest risk groups for identity theft. Did you know that landlords account for 50% of the identity fraud victims who knew the person that used their identity? 
What is Identify Theft?Identity theft is the act of impersonating another, by the means of using the person's sensitive information, such as birth date, Social Security number, address, name, and bank account information. The thief obtains the information … (0 comments)

background checks: Capitalizing on the Re-Emergence of the Rental Market - 08/27/07 05:50 PM
This article is also viewable at http://www.landlord2landlord.com/Newsletters.aspx. For more articles like this, please join our Newsletter.
Capitalizing on the Re-Emergence of the Rental MarketBy Lisa Wells
According to CNN, "homeowners trying to sell last month faced the biggest glut of homes on the market in about 16 years, as declining sales and growing problems in the mortgage market helped push home prices down for the 12th straight month."  [Source: http://money.cnn.com/2007/08/27/news/economy/homesales/index.htm?cnn=yes]
The good news is if you are a rental property investor, now is the perfect time to pick up great deals in the market, as home prices continue to drop.  And, if you are … (9 comments)

 

Lisa Wells

Atlanta, GA

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This is a blog offering residential rental management and property improvement advice, tips and ideas. I'm glad to share these articles for use on your real estate-related website, and only ask that you publish them in their entirety including the author byline.


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