As part of my divorce I signed over our house to my wife.
She now can't afford the mortgage on her own & is asking me if I want to buy it at mortage value only....& she'd be my tenant.. :-$
I'm sorely tempted, but think the market will fall further yet & as I still want to have a base in the UK (have for a very long time..) I'd rather hang fire & see if I can bag a better bargain.
She tried to sell the house (which is a nice 3 bed detached in a good area) & couldn't after 8 months, but was offered some silly figures by cash buyers, knowing the market is on its ar*e & can take the pi** big time.
As part of my divorce I signed over our house to my wife.
She now can't afford the mortgage on her own & is asking me if I want to buy it at mortage value only....& she'd be my tenant.. :-$
I'm sorely tempted, but think the market will fall further yet & as I still want to have a base in the UK (have for a very long time..) I'd rather hang fire & see if I can bag a better bargain.
She tried to sell the house (which is a nice 3 bed detached in a good area) & couldn't after 8 months, but was offered some silly figures by cash buyers, knowing the market is on its ar*e & can take the pi** big time.
The UK still a good place to visit.... ;-)
Torque