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Another very good reason for paying the rent

On Sep 01 2013
Tagged as:
  • Residential Property


If your ultimate dream is to own your own home one day, by being diligent today and paying your ...

If your ultimate dream is to own your own home one day, by being diligent today and paying your rent on time will assist you in gaining a good credit rating, which is important when it comes to getting a mortgage.


Many tenants are not aware that defaulting on their rent may be recorded on a national database. Every time defaulting tenants apply for credit or a home loan in the future, this information could be on their record.


Being a model tenant and having a good relationship with your property manager and real estate office is about building a good credit rating for the future.

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