Hi Broom rider, you will probably allready have thought about, renting the property until you can achieve a better price for your house,?
you mentioned that you have the house up for sale and possibly, you will not make any money on it, have you had some good valuations from agents that know what its worth and know how to market a property to get the best price and a quick sale.
I know you mention that we are not in your area,so sorry that we cant help you personaly.
but, perhaps getting an idea of whats really going on in the property market may help you get a better price, a lot of the smaller local agents are full of doom and gloom so when they are giving valuations, some are way lower than what can actually be acheived, we recently sold a period property for a fair market value, (100,000 less than some other agents had valued it) but the local 2 agents had said that the owner couldnt give it away in the currant market, obviously they were wrong, some agents just dont know what things are worth and what price can be achieved, might be worth getting another couple of valuations from good professional agents, get the correct market value and you might just come out of it with some profit for your hard work!
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