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Should You Use a Guarantor Loan?

Scouting Australia Podcast

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Release Your Guarantors: Equity and Refinancing Strategy

To release parents from a loan guarantee, it's crucial to purchase property below market value and in a high growth location, which boosts equity. Successfully increasing property value provides leverage to refinance with a new bank, allowing for the original loan to be paid off and the guarantors to be removed from the financial obligation.

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