CoSign My Lease offers a Rental Payment Guaranty to Landlords with risky Renters

Jan. 7, 2010 - PRLog -- CoSign My Lease provides a service to landlords that pays the rent if the tenant is evicted or if the tenant skips prior to the lease expiring. For about thirty-five dollars a month landlords can have CoSign My Lease guaranty their lease payments.  Landlords benefit by passing the costs of the guaranty to the renter making this a no cost, high benefit option for accepting renters that have gone through a foreclosure or eviction and those with damaged credit.

“As a landlord in this economy it makes a lot of sense to have an added level security,” said Jonathan H. Coleman, MBA, Senior Underwriter of Cosign My Lease. “We guaranty leases in every state and have found that renters don’t mind paying a little more each month to get the home they want.”

CoSign My Lease is the nation’s leading guarantor of residential leases.

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About CoSign My Lease: CoSign My Lease is the nation's leading guarantor of residential leases. After years of working in the leasing industry and a better understanding of what the rental industries CoSign My Lease created a Rental Payment Guaranty that addressed some of the industry’s greatest problems:

1. Getting homes rented faster.
2. Reducing the economic effect of an eviction, and
3. Leasing to risky tenants.

With focus and vision we assist those landlords that need more security when leasing a home. CoSign My Lease’s Rental Payment Guaranty pays the rent when you evict your tenant for nonpayment or if your tenant skips before the lease expires.