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GEM782

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About GEM782

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  1. My house was recently repossessed by my mortgage lender (fair enough). The problem I am having is the price they are asking for it. First, it was valued at 575k by 2 local agents and 475k by 1 non-local agent. So the mortgage company is asking for 490k (which I do not think is a reasonable price based on the valuations). Secondly, there are further charges on the house (from loans for expansion of property, etc.) which add up to about 220k. So, the outstanding owed (including the mortgage) is roughly 530k. Now, here's the part where I think the mortgage company is being unfair.... Someon
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