Hi Everyone!
When looking for an apartment make sure you ask if your security deposit will change if you have;
- No credit
- Bad credit
- No rental history
- Will be needing a co-signor
Majority of these apartment issues will require a bigger security deposit of some sort, and knowing before you apply to the apartment will help you even more, so you don't end up being surprised after your credit is ran, and during your application in process your told you need too have much more security deposit required in order to move forward and get the application approved for move-in. Other apartment issues that will require more security deposits from you would be;
- Evictions
- Broken leases
Majority of apartments will reject you if you have a broken lease or eviction, but others will give you a 2nd chance if you fit into their criteria for these issues. So this needs to be also taken into consideration if you have a broken lease or eviction. If the apartment you locate just happens to see you fit in their criteria for the evictions or broken leases for a 2nd chance, be prepared for possibly more security deposit in order to move-in. So key is to have this information about security deposits before you apply, and it will eliminate a possible headache if you realize it mayn't be worth moving in, if one apartment complex you like says a lower security deposit is required, versus another one you like saying a much higher security deposit is required for the same apartment issues.
I also love referrals so anyone you know needing a Texas apartment to lease, refer them this blog, and I will really appreciate it.
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