Criteria Needed For Sellers / Landlords
- APPLICATION: Located on reverse side of this paper, fill out completely!
- CREDIT REPORT: Current Credit Score – Most will require Tri-Merge Report (All 3 Bureaus; Transunion, Experian, & Equifax). You can look up your credit score & report at one of the sites listed below:
- CREDIT SCORE: If below “600”, you will need a letter with the following information:
- Explanation for your current credit score
- Steps you are taking to improve your current score
- COPY OF DRIVER’S LICENSE OR PASSPORT
- JOB HISTORY: You will need 2 weeks pay stub OR a letter from your employer stating:
- Length of time employed with company
- Hourly or Annual amount you are paid
- Your current AND future standing position with the company
- BANKRUPTCY OR FORECLOSURE: If one or both apply to you, the following is needed:
- Dates of Discharge (a copy of Discharge is best) and/or date of Sheriff Sale.
- LETTER OF EXPLANATION: This can clarify cause of Bankruptcy and/or Foreclosure, rental issues or past issues with credit, job, medical or family etc. This helps Landlord/Owner better understand your situation.
- RENTING: If you are currently renting, you will need a letter from your landlord specifying:
- Payment History – Any late payments or always paid on time?
- Tenant History – Were all lease requirements fulfilled?
- Departure – Is Tenant leaving on good terms? If not, explanation is needed.
- TAX RECORDS: If you are self-employed, you will need 2 years of tax returns. These are excellent to have for all Sellers, or Landlords.
- DEPOSIT: You will need a Cashier’s Check made out to “Real Living Kee Realty” for 50% of the first month’s rent. Security deposits must be paid before move-in date. It is your responsibility to discuss additional deposit money with your realtor
- CREDIT SCORE IMPROVEMENT
CMAC (Credit mentoring & consulting) Christina (Owner) or Joshua 1-937-306-6457
NOTE: MOST OWNERS ARE AWARE OF THE POSSIBILITY OF BANKRUPTCY, FORECLOSURE, OR LOW CREDIT SCORE. DO NOT LET THIS STOP YOU FROM FILLING OUT THE APPLICATION
Real Living Kee Realty
210 W. University Dr.
Rochester, MI 48307
Office: (248) 651-1200
Fax: (248) 601-5557
