G
gellert
Guest
Hi,
I wrote here before about my plans to sell the house and try to repay most of my debts. I got some good responses, so thanks to all who contributed.
I put the house on the market in March and have had 2 viewings. Obviously the market is dead.
I'd like to ask people's opinion of selling at an auction. Having made the decision to sell, we'd just like to get on with it and move on with our lives. The estate agent put a value of 270000 on our house. The mortgage outstanding is 253000. At an auction, as I understand it, the reserve would a lower figure than what is asked for in a private treaty situation. I have spoken to one auction house, who say they have an auction upcoming in the autumn. They want 800 euro initially and 1.8% of sale price.
What do you all think?
I wrote here before about my plans to sell the house and try to repay most of my debts. I got some good responses, so thanks to all who contributed.
I put the house on the market in March and have had 2 viewings. Obviously the market is dead.
I'd like to ask people's opinion of selling at an auction. Having made the decision to sell, we'd just like to get on with it and move on with our lives. The estate agent put a value of 270000 on our house. The mortgage outstanding is 253000. At an auction, as I understand it, the reserve would a lower figure than what is asked for in a private treaty situation. I have spoken to one auction house, who say they have an auction upcoming in the autumn. They want 800 euro initially and 1.8% of sale price.
What do you all think?