There is only 10,000k equity and I have asked for 5k to buy me out. They want me to sign over property or agree to a quick sale and take the lowest valuation on the property.
Can they force me to take the lower offer as they have said or make me pay costs for taking time to decide what to do?
Potentially as the market recovers so will the equity increase and in time they will make more money on the house.
I feel them asking me to accept the lower valuation could be a ploy to get me to sign it over or drop any claim believing there is no money in it or I will be liable for the shortfall.
Yes I mean the UK Midlands. I didn't realize it was an Irish site. But that doesn't matter to me. Good advice knows no nationality does it. And to be honest it is just a relief to be able to talk about it.
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