From the Forum – Guarantor on my lease? ______ please.

by Prince Of Petworth June 28, 2013 at 2:15 pm 17 Comments

Guarantor on my lease? ______ please.

So, here’s the situation: I recently switched from a very underpaid post grad-school fellowship, where I was for the last 9 months, to a full-time job with a good salary. I have been living in a very small room in a group house, but am am now currently shopping around for new digs. I recently found a great 2-bedroom house which I would share with a roommate. Everything has been going smoothly in the application process until I got a message from the landlord asking if I would be able to have a guarantor. I find this kind of insulting since I’m now 29 and have 2 degrees and a good job, and I haven’t had to sign a lease with a guarantor since maybe college… if at all. THere was no application fee, so I’m assuming the landlord hasn’t pulled my credit report, which is excellent for someone my age.

So, this brings me to 2 questions: 1) Is this a red flag for about dealing with my soon-to-be landlord or more than they should be able to ask for? 2) Is there any other kind of financial assurance I can offer them; e.g., guaranteeing with property or something?

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