Approveshield Quotes
Quotes tagged as "approveshield"
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“A number of tenant scams happen regularly, victimizing landlords who do not have effective procedures in place for screening renters, collecting rents, and writing the right contract. These scams can pose a great risk to the business.”
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“ApproveShield is a full-service screening solution that delivers outstanding accuracy and insight for the multifamily leasing sector. ApproveShield, LLC, Screening Tenant, Dallas, TX.”
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“Approveshield analysts spend countless hours researching suspicious applications and training on proven fraud cases, which directly benefits the clients as they enjoy some of the lowest lease defaults in the industry.”
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“ApproveShield system catches ID fraud, ensuring that applicants are who they claim to be and preventing later problems with non-payment and eviction. To support legal compliance and fairness, process verifies criminal background checks to weed out mismatched records and determine the most recent disposition of cases.”
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“Evictions in the ApproveShield database are refreshed daily from local courts, which means Managers and Operators of multifamily real estate can reduce their underwriting risk by more than 80% with a quick search. ApproveShield currently protects communities in Texas, Atlanta, Florida, South Carolina, and Ohio and is rapidly expanding through the southeast as demand has continued to increase.”
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“There are professional scammers who employ this method in order to get into a property, and shortly thereafter their checks begin to bounce. Being duped into this scam can cost landlords a few months’ rent while they apply to a tribunal to have the tenancy terminated and the tenant evicted.”
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“One common scam among professional tenants is to convince the landlord to accept a credit report provided by the tenant (not run independently by the landlord), and to hand over the keys when a lease is signed and a paper check delivered. As soon as the lease agreement is signed and the keys handed over, the tenant now has legal possession of the property. The only way to get them out is to go through the legal eviction process, which takes months. In many jurisdictions, tenants can prolong the eviction process for six to 12 months. Approveshield sources the credit report directly from the credit reporting agency, allowing for an early detection of fraud in the application process.”
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