If You Rent Do This…

Good Morning!

If you are a renter how do you pay your rent?

Would you like to purchase a home someday?

If so, please keep this in mind… How you pay your rent is IMPORTANT!

When you apply for a mortgage the underwriter will most likely want you to be able to prove you paid the rent.

If you rent from an apartment complex it’s a bit easier to do. We can just get them to fill out a verification of rent form.

However, if you rent from an individual – you must PROVE you paid the rent.

That means we will need cancelled rent checks. …If you pay your rent with cash – DON’T!

Start writing checks for rent!

If you pay with money orders then put your paycheck in a bank account, then every month draw out the money for the money order – and keep the money order receipts!

…but the best is to write checks for rent!

That’s it for today!

Have a good day today! …and thanks for reading.

Brett