RentWatch | October 28, 2011 | Palo Alto Weekly | Palo Alto Online |

Palo Alto Weekly

Real Estate - October 28, 2011

RentWatch

OK to relax financial requirements with a co-signer?

by Martin Eichner

Q I am a property manager in an apartment community with a lot of vacant units. We are trying to rent these units while still making sure we have qualified applicants. On several occasions, we have received applications from prospective tenants with poor credit records who claim they can provide a co-signer. Is it a good idea to relax the financial qualifications because there is a co-signer available?

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Martin Eichner edits RentWatch for Project Sentinel, an organization founded in 1974 that provides landlord tenant dispute resolution and fair housing services in Northern California and administers rental-housing mediation programs in Palo Alto, Los Altos and Mountain View. Call 650-856-4062 for dispute resolution or 650-321-6291 for fair housing or email mediate4us@housing.org.

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