Wow, another day, another eventful day in real estate. I have a client who has decided to rent for another year instead of purchasing a home.
Last year, they ratified on a home for $1,950,000. But during the inspections, found out that the foundation was going to cost over $100,000 to fix so they backed out.
Last week, they decided to wait another year and decided to rent an upscale condo for $2,900. My clients credit is frozen because of identity theft. But, the wife had a credit report from Trans Union that was only 90 days old showing she has excellent credit.
The listing agent asked for the credit report of the husband, which was provided two day later. After reviewing my tenants credit, she asked to meet with them personally to see if they were worthy of renting the condo.
Here's my question, Why do you need to meet my client before deciding if they are a good fit for your rental?
By the way, my client was livid! They thought this was very unethical to judge someone like this and I agree.
What do you think?