guarantors
… The New York City rental market has plenty of pitfalls to trip up a rookie renter There are scams involving fake listings con artists who impersonate agents online and … is to be super prepared meaning youll want to tour apartments armed with all the documents you need to apply …
… in their jobs And NYC landlords are by no means desperate for tenants Rents continue to hit new records … a tall order on a postgrads salary That means you and any roommates need to make at least $80000 per year to qualify … like cleaning tasks as well as smoking and socializing at home … For other important conversation topics check out The …
… Realty Bites tackles your NYC rental questions Have a query for our experts Drop us an email An earlier version of this … institutional guarantors will qualify renters whose annual income is as low as 275 times the monthly rent or have cash assets or …
… not even going to live in But thats the responsibility of a guarantor someone who covers a tenants rent if they default … rent or enough to cover the entire bill Thats because as a guarantor youre promising to cover all of the rent in the … smart to not get in your own way while trying to secure housing in an inflexible market Franklin said You want to …
… ongoing housing shortage Prepare for bidding wars even in rentals Pro Tip Pro Tip Want to stress less about your NYC … your needs and budget Plus they can guide you through the application process sparing you the stress of dealing … on your qualifications you can normally expect to pay an average of 65 percent to 85 percent of one months rent if …
… You might be mistaken for thinking that simply finding a New … rental market here But the truth is you can have a million dollars in the bank literally and still get turned down for … want … If any of the below criteria apply to you you may need a guarantor … You dont meet the landlords annual …
… thats out of your league Second you will be a stronger rental candidate for landlords who accept guarantors and … lined up and ready with their paperwork to support your application says Jane Katz an agent at Coldwell Banker … and no feewebsites Insurents fee for instance is an average of 65 to 85 percent of one months rent if you have …
