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Updated about 6 years ago on . Most recent reply

User Stats

37
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8
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Jairus King
  • Professional
  • Fredericksburg, VA
8
Votes |
37
Posts

Section 8 Difference

Jairus King
  • Professional
  • Fredericksburg, VA
Posted

I have an issue that I am sure has probably been faced before.  I have a potential tenant wanting to use section 8 on one of my properties. The voucher has come back 100.00 dollars lower than the asking rent. She states that she will pay the difference, however we have to make the lease match the voucher. I have been considering how to make it work, other than to take her word that she will pay. One suggestion is to perhaps do another contract for the difference in which she agrees to pay "processing and maintenance" fees to the property. Failure to pay would result in rental contract termination? Any other creative ideas on how to make it work? 

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