It was the auctioneer that suggested the price of 185,000.He said that it was around this price that was getting the viewings and getting offers.
Ive checked the property price registar, and there is no sales in 2013 in my area and only 4 listed for 2012. The prices for 2012 come no where near 185,000. For 2012 the highest price is just under 130,000.Now the houses would be a bit smaller and wouldnt be to the same finish.
On a different note we heard back from KBC. The only thing they are offering in relation to an alternative solution is interest only so god only knows what they we suggesting with " we will get back to you with long term solutions".
They told us that if we stop paying the credit union and the credit card that we shouldnt have a problem affording the interest only.
Ive checked the property price registar, and there is no sales in 2013 in my area and only 4 listed for 2012. The prices for 2012 come no where near 185,000. For 2012 the highest price is just under 130,000.Now the houses would be a bit smaller and wouldnt be to the same finish.
On a different note we heard back from KBC. The only thing they are offering in relation to an alternative solution is interest only so god only knows what they we suggesting with " we will get back to you with long term solutions".
They told us that if we stop paying the credit union and the credit card that we shouldnt have a problem affording the interest only.