If you’re renting a home, condo, or apartment, your landlord expects to be paid on time, every time. Unfortunately, there may be circumstances where you simply cannot pay your rent on time, but this can lead to eviction if you’re not careful.
No matter what your situation may be, it’s crucial to know what to do when you can’t pay rent on time so that you can avoid costly headaches.
Read on to discover a few helpful tips that may just save you when you’re in a financial pinch to prevent eviction or expensive court visits.
Give Your Landlord a Heads Up
While not all landlords are forgiving, that doesn’t mean you shouldn’t let them know if you think you’ll be late paying the rent. Whether you had to take some time off from work or you had an unexpected expense, let your landlord know that you could be late as soon as possible.
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Not only is telling your landlord you might be late the right thing to do, but you might also just be surprised at their reaction. Depending on the circumstance, they could give you some leeway in terms of making your payment at a later date.
Being open and honest is the best policy when it comes to paying your rent. Always notify the landlord or property management company when you run into financial trouble. If…