Familyman77
Registered User
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- 157
Had a conversation today with a family member who is thinking of selling his home to build locally in a hope that he could reduce his mortgage or be mortgage free. It came up that every similar house near to his has gone on the market for over €650k . He has a mortgage of €225k so was thinking if he sold for 500k and used the surplus to build again with little or no mortgage. I cant be that easy can it