I got a cash offer today on my home. I need to sell as moving to OZ. I owe about €158,000 and the offer is €140,000 from a cash buyer. My mortgage is with Bank of Ireland.
I am asking has anyone on here negotiated with the bank to let this go through. I definitely don't expect them to write this off. I have never ever missed a mortgage payment and am not currently in arrears but am on interest only for the past year.
I would greatly appreciate any advice or tips on what to say and what not to say.
Basically the way I look at it is they should accept this and possibly let me pay off the balance over the next few years. Help?
I am asking has anyone on here negotiated with the bank to let this go through. I definitely don't expect them to write this off. I have never ever missed a mortgage payment and am not currently in arrears but am on interest only for the past year.
I would greatly appreciate any advice or tips on what to say and what not to say.
Basically the way I look at it is they should accept this and possibly let me pay off the balance over the next few years. Help?