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Guarantor companies

 
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Tara2117



Joined: 14 Aug 2006
Posts: 89
Location: Gunma, Japan

PostPosted: Sun May 13, 2012 2:07 pm    Post subject: Guarantor companies Reply with quote

I'm trying to get a new place in Gunma-ken. My friend is a real estate agent, and is trying to help me. Here are the key facts:



*I work for Peppy Kids. who will only act as my guarantor if I live in their choice of apartment, which, sadly, is Leopalace. 'Nuff said.

*Asking someone to be my guarantor is a BIG thing to ask, and I'd not want to put any Japanese person I know in the position of having to say no.

*I asked my friend to look for apartments/landlords which would accept me using one of those guarantor companies.

*Sadly, it seems the guarantor companies he's contacted won't accept me, because I'm not a permanent resident. He said it was because my alien card had an expiration date. (In other words, because I'm not Japanese.)

I really, really want to move out of this Leopalace. Does anyone know of any guarantor companies that will help foreigners?

Telling me to "just ask a friend to be your guarantor" isn't what I'm after. And I can do without the snarky comments so many posts usually get, thanks very much. So, to repeat... any tips for a guarantor company that will help me?

Thanks a lot! Very Happy
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Inflames



Joined: 02 Apr 2006
Posts: 486

PostPosted: Sun May 13, 2012 3:29 pm    Post subject: Reply with quote

Many times the landlord will designate a guarantor company that you must use. The real estate agent has a bit of leverage with them over this. I had to use Recruit for this and the agent got me a cheaper rate.

I've never been rejected by a guarantor company, nor do I know anyone who has. Searching for 「保証会社 賃貸 外国人」 returned numerous companies that don't have conditions.
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Tara2117



Joined: 14 Aug 2006
Posts: 89
Location: Gunma, Japan

PostPosted: Sun May 13, 2012 6:07 pm    Post subject: Reply with quote

Thanks for the info, I will show my friend.
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Glenski



Joined: 15 Jan 2003
Posts: 12844
Location: Hokkaido, JAPAN

PostPosted: Sun May 13, 2012 10:14 pm    Post subject: Reply with quote

What's wrong with living in a place that is fully furnished and has Internet provided upon moving in? In other words, you do realize that you will have to provide all furnishings yourself (including appliances and sometimes even light fixtures) as well as wait for phone/Internet connection, don't you?

You may very well have to pay 2-5 months' rent equivalent up front just to move in, too.
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Tara2117



Joined: 14 Aug 2006
Posts: 89
Location: Gunma, Japan

PostPosted: Mon May 14, 2012 3:13 am    Post subject: Reply with quote

Glenski, yes, I do realize all of that. I have reasons for moving, and the money to do so. My question was about guarantor companies.
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OneJoelFifty



Joined: 06 Oct 2009
Posts: 463

PostPosted: Mon May 14, 2012 5:20 am    Post subject: Reply with quote

It shouldn't be a problem, if you go through an estate agent to rent then they will do it all for you. I rented my last two apartments by myself with no guarantor, just be sure to make it clear you don't have one from the start.

I might be wrong, but I think one of the boxes you can tick on the apartment search websites (http://www.athome.co.jp/athome/adlinks/chintai.html?adplpo_athome=062&id=pc_ad_99900000, for example) is whether or not a guarantor is required.
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jillybean



Joined: 01 Jul 2011
Posts: 32
Location: JAPAN

PostPosted: Mon May 14, 2012 12:28 pm    Post subject: Reply with quote

What if you agree to be a guarantor, but want to get out of it before the lease is up? Is there a way to cancel the agreement? What will happen to the renter?
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Inflames



Joined: 02 Apr 2006
Posts: 486

PostPosted: Mon May 14, 2012 3:53 pm    Post subject: Reply with quote

OneJoelFifty wrote:

I might be wrong, but I think one of the boxes you can tick on the apartment search websites (http://www.athome.co.jp/athome/adlinks/chintai.html?adplpo_athome=062&id=pc_ad_99900000, for example) is whether or not a guarantor is required.


Some websites have that option but most don't. The other thing is that a lot of real estate agents will simply just check all the boxes to get people into their office.
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OneJoelFifty



Joined: 06 Oct 2009
Posts: 463

PostPosted: Tue May 15, 2012 1:37 am    Post subject: Reply with quote

Inflames wrote:
OneJoelFifty wrote:

I might be wrong, but I think one of the boxes you can tick on the apartment search websites (http://www.athome.co.jp/athome/adlinks/chintai.html?adplpo_athome=062&id=pc_ad_99900000, for example) is whether or not a guarantor is required.


Some websites have that option but most don't. The other thing is that a lot of real estate agents will simply just check all the boxes to get people into their office.


Good point. I still don't think it's a problem though. I had to fill out some forms (the second time my company did it for me) giving the company's information and my earnings, and then the estate agent did the rest. It's in their interest to convince the landlord to rent you the place, after all. One thing to remember though is that I think you will need a Japanese contact name on the guarantor forms.
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