Help me decide whats best to do please

Needtomove

Registered User
Messages
22
Hi there

I have another thread here already "help in above our heads"so please refer for backround to how much our finances are in tatters:((

I have an apartment bought through affordable home scheme 9 yrs ago...lived there as family home for over 7 yrs.

Rented out at present. ..covering rent/mgt fees/propery tax etc.....due to lapse in tenant at start arrears €2.5k

Total owing inclu arrears €98k
Current value €110k..rang estate agents today...
if i sold for under 139500 mortgage only due

If i sell between 139500 and 190000 FULL diff between two figures due along with mortgage (clawback)

If and a huge IF i was ever able to sell for more than €190k I would owe outstanding mortgage AS WELL AS 26.5% of selling price

we are penniless ..literally wouldn't have the €350 for advertising costs ( see previous thread) so i want to time this as best I can to walk away with the most money that i can to get us out of the financial hole that is physically making me sick:((

Estate agent fees 1.5% of sale price

Opinions very welcome please
 
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