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my house dreams are falling apart!< Update again a

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ProfilePosted byOptionsPost Date

Unknown

Unknown Report 17 Oct 2005 18:37

I agree it must be worthwhile looking into a bridging loan xxhugxx

Chris Ho :)

Chris Ho :) Report 17 Oct 2005 18:44

Evening Jess, am sorry to hear your news :( hope something can get sorted for you :)

Debby

Debby Report 17 Oct 2005 18:51

Jess With the 10k you'll save on the new asking price, a bridging loan may be a good option - you may not feel it's money down the drain? Then hope you get a reasonably quick sale on yours although this is a bad time to sell I'm afraid. Good luck Debby

The Bag

The Bag Report 17 Oct 2005 18:56

The problem is this, i could get a loan - Thing is you do not know for how long it would be.We did look into this to get things moving when we originally had the buyer lined up waiting to sell. We are not a good bet thought, because we have never borrowed and have no History!< (lesson= Borrow, get a credit score) second thing is , we do not have a mortage, everything we have is in the house, Ours bought and paid for, so i would have to borrow the whole ammount- and we are talking BIG Scarey numbers!! Have just reduced mine by 5K - didnt want to ,but there we are. Jess x

June

June Report 17 Oct 2005 19:00

Jess, This has probably been already said, you could let your house out, we did think of that when our buyer pulled out. In our case a new buyer came along while we were considering it. June xx

Nana Anna

Nana Anna Report 17 Oct 2005 19:02

Just thought about you letting your house out as well as June. Would probably have to be for minimum of 6 months though. Anna

Rob

Rob Report 17 Oct 2005 19:02

Jess, If you don't have a mortgage on yours, you can use it as collatoral, and join the ranks of multiple owners! Good luck, Rob

Guinevere

Guinevere Report 17 Oct 2005 19:07

Jess, I hope you do manage to get the house. Gwynne