Affordable27
Registered User
- Messages
- 18
DCC have advised me that I cannot buy them out . Is this correct?
I am shocked - can anyone help me?
This is the reply they sent me:
Unfortunately there isn't a way of buying out the clawback without selling the property. We've checked with management and the Law Department and currently the only way of the clawback being removed is when the purchaser sells the property and pays the clawback percentage of the sale price.
Hi Helen L - yes this was from DCC.
I want to buy them out as property prices are at an all time low and I think I would only have to pay a small amount back due to the value of property decreasing.
Can you point me in the right direction of who I need to deal with in DCC to do this? Any help is greatly appreciated. What process did you need to go through to do this? Was it with DCC?
She let slip that they are valued at €214k on the open market. We asked why they didn’t value ours at €214k and she completely back tracked. I know the reason that they didn’t value our at €214 is because we initially bought for €215 through the AH and therefore they would still not get a clawback.
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