Like Carfax for Renters
LDM Solutions LLC announced the launch of its tenant-friendly website, CheckYourLandlord.com, a service providing “due diligence for residential renters to easily and discreetly investigate their prospective landlord and property.”
The company says this information arms the renter with the ability to protect themselves from the recent rise in rental scams and rental foreclosures in a way that has not previously been available.
This service allows renters to assess the potential risks of a home rental transaction before signing a lease. According to a company statement, there has been an increase in recent years of rental scams and landlord fraud, as well as a rise in the number of renters who have faced foreclosure of their rental home. However, robust tools to help tenants avoid these situations have not existed in the market.
Renters often don’t consider the risks involved in signing a lease agreement, stated Michael Schaffer, General Manager of LDM Solutions LLC. Through the introduction of CheckYourLandlord.com, we are making information about a rental property and its owner easy to obtain and understand. When a consumer buys a used car, it has become standard practice to review a Carfax report for potential problems. By educating renters, we look forward to the day when reviewing a CheckYourLandlord.com report is standard practice before renting a home.
CheckYourLandlord.com sources property and personal background information from real-time data aggregators covering thousands of public records sources at the federal, state, county and city levels. Each report is individually prepared by a trained analyst, and is unbiased, reporting only factual information.
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American Apartment Owners Association offers discounts on products and services for landlords related to your rental housing investment, including rental forms, tenant debt collection, tenant background checks, insurance and financing. Find out more at www.joinaaoa.org.