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Daughter's Credit Problem |
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Can I sign as a co-buyer on a daughter's contract to buy a home in florida? Her credit is not bad, just doesn't have much of it. Mine is excellent. Thanks. Nancy |
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Yes, you can certainly co-sign your daughter's mortgage loan. Once you have done that, you will be personally liable for the whole debt if she doesn't pay it. Your credit record will show the entire amount as your debt. (Hers will too.)
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Edith Originally published on May 2, 2008 |
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