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Selling my house?

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  • 01-01-2011 2:09pm
    #1
    jacinta12
    Registered Users Posts: 20 ✭


    first im not sure if what section i should be putting this into, i have a house in galway near doughiska. since i bought the hse, i have got married had baby and moved home. i cannot afford this hse even though its rented i still have to pay a good bit plus all the bills for what i am living in now.. is there any houses selling at all?? how much have houses actually dropped by up there,i am gone a good few years so not sure what it is like up there at moment...


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    #2
    coffee_cake
    Registered Users Posts: 81,310 CMod ✭✭✭✭coffee_cake


    Selling your health service executive?


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    #3
    jacinta12
    Registered Users Posts: 20 ✭jacinta12


    oops sorry about that, thought everyone would know but when i just read over it there now i was like you dope!!!!!!


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    #4
    Amhran Nua
    Closed Accounts Posts: 4,124 ✭✭✭Amhran Nua


    When did you buy it?


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    #5
    the keen edge
    Closed Accounts Posts: 1,533 ✭✭✭the keen edge


    Insurance job?.


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    #6
    gaillimheach
    Registered Users Posts: 114 ✭✭gaillimheach


    Houses are selling, once you price them low enough.

    This may well mean, in your case (since you probably bought at peak in Doughuisce), that you will have to sell it for less than the mortgage you have on it and continue to pay a smaller mortgage on it for the future.


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    #7
    Mrs OBumble
    Registered Users Posts: 25,939 ✭✭✭✭Mrs OBumble


    gaillimheach wrote: »
    Houses are selling, once you price them low enough.

    I've heard about a couple of properties out there that sold, but for very low prices. So low, in fact, that if I had a deposit and stable income I'd be very tempted to buy.

    Seems to me that properties on this side of town, ie closer to jobs, are more likely to be valuable in future. Personally I'd be hanging on with a view to the long term, if at all possible.


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    #8
    jacinta12
    Registered Users Posts: 20 ✭jacinta12


    thks for the replies, i bought for 250 how much are ye hearing they are selling for?? maybe i might have to struggle on so... god i hope things improve..i bought house in 2006


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    #9
    Mr. Loverman
    Closed Accounts Posts: 4,001 ✭✭✭Mr. Loverman


    jacinta12 wrote: »
    god i hope things improve..

    We have a long way to go unfortunately. We are still at the beginning of a long dark period...!


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    #10
    ArraMusha
    Registered Users Posts: 589 ✭✭✭ArraMusha


    Mr. Loverman wrote: »
    We have a long way to go unfortunately. We are still at the beginning of a long dark period...!

    Your right ..they have a long way to drop yet. Interest rates will rise this year, also repossessions and lack of finance will reduce them also.


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