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Guarantor Debt?

Discussion in 'Real Estate' started by Takara, 5th Dec, 2008.

  1. Takara

    Takara New Member

    Joined:
    5th Dec, 2008
    Posts:
    1
    Location:
    Perth, WA
    Would appreciate any advice please...

    I went guarantor for someone when they purchased a block of land, no problems there. I now wish to purchase an investment property and wondered in the amount I am guarantor for will be viewed at a debt (liability) or not?

    Many thanks :confused:
     
  2. Jacque

    Jacque Team InvestEd

    Joined:
    16th Jun, 2005
    Posts:
    1,885
    Location:
    Sydney
    Hi Takara

    You ideally need to speak to your initial lender to clarify here.