Second chance apartments for sale

Second chance apartments for sale in the US

Understanding the Concept of Second Chance Apartments

Not everyone is familiar with the concept of second chance apartments. These types of apartments are offered to people who have experienced some financial setback that would prevent them from renting units elsewhere. Sometimes known as high risk apartments, these types of living arrangements can serve as a stepping stone toward repairing a damaged credit rating.

Second chance apartments may be right for people who have been through some sort of financial hardship and ended up facing eviction or defaulting on debts due to financial reversals. For example, a tenant who lost his or her job and could no longer afford an apartment may end up being evicted. At the same time, credit card and other debts were left unpaid, resulting in defaults. While the individual has since found another job and is making headway in repaying those old debts, the damage to the credit rating has already been done.

Some landlords will look closely at the circumstances surrounding those unfortunate events and be willing to take a chance on the applicant. In order to offset some of the risk involved, the landlord may require a higher deposit, and maybe even at least one month of rent held in reserve.

In return, the tenant has the chance to live in a comfortable apartment, and will also build good credit with the landlord by making the rent payments on time every month. The landlord in turn submits positive comments to the major credit reporting agencies, effectively aiding the tenant in rebuilding his or her credit over time. When all goes well, that tenant will be in much better financial condition in two or three years, and be in a position to ask for more favorable rental terms and conditions.
$389,241.38
Average price for sale in United States
$690.62
Average price per sq.feet for sale in United States
Cities with second chance apartments for sale
    second chance apartments for sale ads
    Have A Broken Lease Years Old. Not A Problem Nice Propert
     1
    Have A Broken Lease Years Old. Not A Problem Nice Propert
    Request Details
    For Sale - Apartment
    Second chance leasing. Is your broken lease years old i can help resort-style pool theater room hr fitness photos and contact info on advertigo website...
    Harbor Bar And Lighthouse Restaurant Haines, Ak
     1
    Harbor Bar And Lighthouse Restaurant Haines, Ak
    $1,200,000
    Juneau, Alaska - For Sale - Apartment
    Storage, office and restrooms. There is an apartment - 900 sf on the second floor... Here is your chance to own a landmark haines alaska business. 101 front street...
    Investors Dream Hartford
     1
    Investors Dream Hartford
    $120,000
    Hartford, Connecticut - For Sale - Apartment
    Second floor apartment has 3 bedrooms 1 bath and pays $850 per month rent. Parking... New property for sale in hartford, connecticutinvestors heres your chance...
    Sale Single Family For Sale In Bessemer, Al
     15
    Sale Single Family For Sale In Bessemer, Al
    $239,000
    Bessemer, Alabama - For Sale - House - 3 bedrooms - 2 bathrooms
    The and is huge. There is a garage and second floor with room to expand for storage apartment... Beautiful home with almost 5 acres near ross bridge, a chance for a mini...
     Apartments For Rent 100 Chase Village 30236 Jonesboro, Ga
     1
    Apartments For Rent 100 Chase Village 30236 Jonesboro, Ga
    Request Details
    Jonesboro, Georgia - For Sale - Apartment - 2 bedrooms - 2 bathrooms
    Off your rent with our 3-2-1 special, second chance program now restrictions...
     Apartments For Rent 100 Leslie Oaks Drive 30058 Lithonia, Ga
     1
    Apartments For Rent 100 Leslie Oaks Drive 30058 Lithonia, Ga
    Request Details
    Lithonia, Georgia - For Sale - Apartment - 3 bedrooms - 2 bathrooms
    Second floor second floor. 3 beds two fullsize baths, garden tubs in the master... Own private tour and a chance to live in this exciting community in lithonia...
     Apartments For Rent 2911 Turtle Creek Boulevard 75219 Dallas, Tx
     1
    Apartments For Rent 2911 Turtle Creek Boulevard 75219 Dallas, Tx
    Request Details
    Dallas, Texas - For Sale - Apartment - 1 bathroom
    Because we have a variety of economical and luxurious rentals to assist your needs!Today, appointments are required. No second chance leasing - no criminal...
     Apartments For Rent 2911 Turtle Creek Boulevard 75219 Dallas, Tx
     1
    Apartments For Rent 2911 Turtle Creek Boulevard 75219 Dallas, Tx
    Request Details
    Dallas, Texas - For Sale - Apartment - 1 bathroom
    Because we have a variety of economical and luxurious rentals to assist your needs!Today, appointments are required. No second chance leasing - no criminal...
     Apartments For Rent 2911 Turtle Creek Boulevard 75219 Dallas, Tx
     1
    Apartments For Rent 2911 Turtle Creek Boulevard 75219 Dallas, Tx
    Request Details
    Dallas, Texas - For Sale - Apartment - 1 bathroom
    Because we have a variety of economical and luxurious rentals to assist your needs!Today, appointments are required. No second chance leasing - no criminal...
     Apartments For Rent 2911 Turtle Creek Boulevard 75219 Dallas, Tx
     1
    Apartments For Rent 2911 Turtle Creek Boulevard 75219 Dallas, Tx
    Request Details
    Dallas, Texas - For Sale - Apartment - 1 bathroom
    Because we have a variety of economical and luxurious rentals to assist your needs!Today, appointments are required. No second chance leasing - no criminal...