D
Default
Guest
Hi,
any advise greatly appreciated.We are struggling to keep our head above water at the moment.
Our Problem is
House 1. Mortgage 197000, 165000 left to pay,19yrs left, Repayments are 1095 before increase, Rent is 700 per month.Value is Approx 145000,
Was on Intrest only for couple of years.
House 2. Mortgage 195000, 163000 and 24yrs left,repayments are 798 before increase, Rent 600 per month. Value is approx 150000, Was main residence before we built.
Our monthly outgoings can be covered just about However when you add in the shortfall on the 2 mortgages this is pushing us €478 a month in to the red every month.We are worried if we put the houses up for sale we might lose the tennents. We deffinitely can afford to take any hit on the 2 houses being sold at a loss. Is there anyway out for us????
any advise greatly appreciated.We are struggling to keep our head above water at the moment.
Our Problem is
House 1. Mortgage 197000, 165000 left to pay,19yrs left, Repayments are 1095 before increase, Rent is 700 per month.Value is Approx 145000,
Was on Intrest only for couple of years.
House 2. Mortgage 195000, 163000 and 24yrs left,repayments are 798 before increase, Rent 600 per month. Value is approx 150000, Was main residence before we built.
Our monthly outgoings can be covered just about However when you add in the shortfall on the 2 mortgages this is pushing us €478 a month in to the red every month.We are worried if we put the houses up for sale we might lose the tennents. We deffinitely can afford to take any hit on the 2 houses being sold at a loss. Is there anyway out for us????