moved to canada house falling down in ireland

T

toron

Guest
hello all, we bought in 2006 for 380K and put 100k of our own money into it and got a mortgage for 280K. we have about 260k left on it.

we both lost our jobs late last year, contacted the mortgage company and they agreed that we didnt have to pay for 4 months

no sign of work here so we moved to canada with our 3 kids in february

we kept in contact with the mortgage company and they agreed to accept the €600 our tenants were paying until november this year.

We were going to sell it but can't now as it has pyrite and costs associated with that are huge.

They now want to review the situation.

do we have a better case with them now because of the pyrite. surely they wouldn't want a house that's falling down?
 
Presumably even with the Pyrite problem it has some value. That's the way a bank is going to look at it.
 
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