Hi
I have a cash buyer who is interested in purchasing my heavily indebted home. NE €200,000.00 plus some.
I am anxious for the bank to accept the offer as I do not see a stampede of people knocking my door down to purchase.
I have now ceased mortgage payments to the bank (yes I know . . . but desperate people call for desperate measures) because the bank would not accept my reduced payment offer (it's all that I could afford) so I thought if these guys weren't playing ball then why should I. I simply do not have the money they are looking for.
If they allow the sale of the property they want me to take the NE on as another loan. Again I simply cannot afford to repay it at the moment.
Is there any way in explaining to the bank that they should allow the sale go through? and is there any way I could make the offer look as attractive as possible i.e offer to repay x amount of NE per month after sale.
Folks, any ideas please?
I have a cash buyer who is interested in purchasing my heavily indebted home. NE €200,000.00 plus some.
I am anxious for the bank to accept the offer as I do not see a stampede of people knocking my door down to purchase.
I have now ceased mortgage payments to the bank (yes I know . . . but desperate people call for desperate measures) because the bank would not accept my reduced payment offer (it's all that I could afford) so I thought if these guys weren't playing ball then why should I. I simply do not have the money they are looking for.
If they allow the sale of the property they want me to take the NE on as another loan. Again I simply cannot afford to repay it at the moment.
Is there any way in explaining to the bank that they should allow the sale go through? and is there any way I could make the offer look as attractive as possible i.e offer to repay x amount of NE per month after sale.
Folks, any ideas please?