Hi guys,
I own half an apartment - bought it with my friend during the good times. It is in NE now of course. She has since moved out, got married and is living in her husbands place. I moved out for a few years and we rented the whole apt. I moved back in during the summer and am renting out the second room.
At the moment we owe circa €200k and I reckon we'd get about €160k if we could sell. That would leave us owing €40k - my friend would have the €20k in savings, I certainly wouldn't. I was thinking I wouldn't get a personal loan as I already have one with a different bank but someone just suggested that if I was looking for the loan from the institution where we have the mortgage I'd have a good chance. Does anyone have experience of doing this? Do you think there'd be a good chance they'd agree to this?
Thanks.
I own half an apartment - bought it with my friend during the good times. It is in NE now of course. She has since moved out, got married and is living in her husbands place. I moved out for a few years and we rented the whole apt. I moved back in during the summer and am renting out the second room.
At the moment we owe circa €200k and I reckon we'd get about €160k if we could sell. That would leave us owing €40k - my friend would have the €20k in savings, I certainly wouldn't. I was thinking I wouldn't get a personal loan as I already have one with a different bank but someone just suggested that if I was looking for the loan from the institution where we have the mortgage I'd have a good chance. Does anyone have experience of doing this? Do you think there'd be a good chance they'd agree to this?
Thanks.