#USA #Valdosta #Renters #Cosign

Cosign Expands in Valdosta to Assist Apartment Applications

In a market where rent prices are skyrocketing, Cosign—a third-party guarantor platform—has made its debut in Valdosta. This initiative addresses the growing demand for housing while helping property owners protect their investments. With rental prices in Valdosta increasing by 15–20% in recent years, many renters are now facing financial strain. Add to that, vacancy rates hovering around a mere 5–6%, indicating a competitive apartment market.

Despite the intense demand, property managers report that affordability isn't the only hurdle for prospective tenants. Many qualified individuals are turned away solely for lacking a traditional cosigner, typically a family member or close acquaintance. This is where Cosign steps in to bridge the gap.

At The Grand at Lake Sheri—one of the properties in the area—management has embraced the Cosign platform to avoid losing dependable renters who may not meet standard qualification protocols. Instead of losing viable applicants due to rigid requirements, Cosign acts as a legitimate guarantor when potential tenants cannot produce a traditional cosigner. This not only allows more applicants to be approved but also ensures that financial precautions remain intact for property managers.

Gladys Monge, the community manager at The Grand at Lake Sheri, expressed the ease that Cosign has brought: “Many individuals in Valdosta possess stable incomes but don't fit the conventional mold on paper. Cosign empowers us to welcome renters we felt confident about, rather than losing them due to technicalities.”

This innovative approach has enabled property management to accept a broader range of applicants, from military families to service workers and young professionals, all without compromising on quality or exposing themselves to additional payment risks.

Founded by experts in the real estate sector, Cosign's methodology employs data-driven underwriting to evaluate renter risk beyond basic credit scores. It aims to assist property owners in elevating occupancy numbers and minimizing friction in leasing—especially crucial within smaller and mid-sized markets like Valdosta.

Zach Schofel, co-founder and CEO of Cosign, highlighted the importance of each qualified renter in smaller communities: “In markets like Valdosta, every eligible renter counts. Cosign already works with thousands of units in the region and over 25,000 units statewide. We’re enthusiastic about amplifying our presence here,” he stated.

The feedback from local managers and residents has been overwhelmingly positive. Schofel emphasizes that when a potential renter gets denied due to minor issues, the impact is felt by the property immediately. Cosign provides a solution, allowing property owners to increase their approval rates without decreasing their standards or taking on greater risk.

For those interested in learning more about this groundbreaking service, additional information is available at www.rentwithcosign.com or by following @rentwithcosign on social media platforms.

About Cosign

Cosign is a technology-driven real estate company and third-party guarantor platform aimed at facilitating connections between qualified renters and landlords. Founded by professionals in the real estate industry, Cosign strives to enhance access to housing through advanced underwriting that prioritizes rental behavior over just credit scores. For further details, please visit www.rentwithcosign.com.