Overview of Tenant Reports

Overview of Tenant Reports

Of the many pitfalls and risks facing the individual real estate investor, few equal the devastating effects of fraud committed by tenants. Unlike their larger commercial counterparts in which the risk of rental fraud is spread across significant property holdings, the small landlord often faces financial ruin due to non-payment of rent, vandalism and criminal activity committed by tenants.

The owner of TenantReports.com, a former investigator of fraud and misconduct committed by New York State licensed real estate professionals, and a seasoned private detective, has handled numerous cases in which small landlords were unable to meet their obligations as a result of rental fraud and subsequently lost their investment properties. In most instances, this could have been prevented.

TenantReports.com was established to educate the individual real estate investor about rental fraud, and familiarize the small landlord with tenant screening, and the many tools available to protect one's interests, including tenant credit reports, background reports criminal reports and eviction reports. Armed with this knowledge, a property owner is in a better position to identify problem tenants before entering into a lease agreement with them, thereby avoiding potential disaster.

Vulture investors swoop in
Rock-bottom home prices have finally begun to lure vulture real estate investors into the fray.

Pace of housing rescue slows
Hope Now, the mortgage industry alliance of lenders, servicers and housing counselors, reported Wednesday that it helped roughly 170,000 homeowners avoid foreclosure in the month of May.

Mortgage rates drop, snapping a 3-week climb
Rates on 30-year fixed mortgages fell for the first time in three weeks after the Federal Reserve said last week that it expects inflation to level off, according to mortgage backer Freddie Mac.

5 celebrity foreclosures
The effects of the foreclosure crisis are rippling throughout the country - and even the rich and famous are not immune.

Mortgage applications rebound
Read full story for latest details.