According to a report released by the National Association of Independent Landlords 82% of the 582 landlords polled would rent to someone who lost a home to foreclosure, assuming that the applicant previously had a good credit history.
Landlords won’t typically rent to applicants with poor credit – and a foreclosure can have a devastating affect on a credit score. The exception appears to be when someone has paid their bills their whole life but either lost a job or could no longer meet their mortgage and had the hand their keys back to the bank according to Tracy Benson, president of The National Association of Independent Landlords.
The poll was conducted between March 21 and March 25, 2011.
Would you rent to someone with a previous foreclosure?