Second Chance Apartment With Broken Lease or Bad Credit

Finding an apartment is hard, doubly so if you have bad credit or have a broken lease on your rental history record. But take heart. There are apartments willing to rent to you, even with past problems you may have had, and leasing companies willing to help. Here are a few tips to help you land that new apartment:

  1. Be honest and upfront about your rental history. Information these days is easily verified and being caught in an untruth will do more harm than good. If you had a financial issue in the past that caused you to be late in paying your rent, provide documentation that you are now financially able to pay on time. The majority of evictions are due to non-payment of rent.
  2. Many apartments that are willing to give you a second chance may ask for a higher security deposit or higher rent for a time until you can establish a good payment record. Landlords like to know their interests are covered. Be prepared for this and don’t choose an apartment you can’t afford.
  3. Make an attempt to make payment arrangements to your past apartment landlord. If you can do this, furnish a copy of the arrangement to the new landlord to let them know you are trying to re-establish your good credit.
  4. A broken lease will often be overlooked by second chance apartments, depending on exactly why the lease was broken. Moving out with no notice is frowned upon, a military or job transfer is understandable and can be forgiven in most cases.
  5. Find a realtor or leasing specialist who deals with the issues of broken leases and bad credit. They are expert at working with second chance apartments to find one suitable for you. There is a fee for this service but well worth it as they do all the legwork and paperwork required. Another plus in using this service is that, in most cases, they guarantee to find you an apartment in spite of your past history.