| T O P I C R E V I E W |
| Needafriend |
Posted - 09 January 2009 : 16:33:36
Hi Guys
I had to share this. Today we had an email from Zoopla, our house has dropped again surprise, surprise and so i thought i would contact the OR and ask about this.
In Sept we had letters asking if we wanted to buy the BI which at the time we could not and i refused to let someone else loan me the money when its our problem, so we returned the letters and said NO.
We have today rung them and asked if it is now possible to buy the BI seeing as we said no before, and would they allow this. Our OR came back to me and said YES. We need to send down the letter they will send out, a copy of the Zoopla valuation, our latest mortgage balance statement and a local estate agents valuation which we have to hand.
He told me that if the drive by valuation they get done also shows the same price range than that should be that. So fingers crossed.
We now have by our calculations neg equity and so we really want to get this sorted out, we have not had our file go to the RTLU as of yet as the OR told me they are waiting for bits to come in but that in a way has helped as we can still deal with them.
So i am just waiting on the letter from the OR then it can all go off to them. I asked if i needed a 3rd party to buy the BI if we can as we both went BR and he said NO if you are in NEG then either of you can buy it, if there is value then a 3rd party would need to do that.
I am so pleased i might get to keep this house sooner than i think.
I will let you know how it pans out.
LOL
Jo
x
Needafriend says:
Just always remember one thing, Your not alone, your not the first and you wont be the last.
22 Weeks down
30 to go
For more info on how i have come through bankruptcy and for links to help, you can read my blog here called:~ Needafriend's Info on Bankruptcy :-)
http://debtfreejo.blogs.bankruptcyhelp.org.uk/
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| 15 L A T E S T R E P L I E S (Newest First) |
| Needafriend |
Posted - 10 January 2009 : 11:29:09
J4T
Try not to be scared, something will sort its self out for you.
Life is too short to be scared you know, you have to be strong and think positive. I know its easy for me to say as i am not you but look within yourself and the strength is there, promise.
RHB:
Hi yes i know what you mean about looking at the other homes sold, one in my road sold for £149,950 in Dec so i have included that info for the OR too, so many in our town have dropped now which is good in one way but not so good in another way.
Fingers crossed we can get this done and dusted and wont have to find another home, luckily for us we only had the mortgage and no other secured debts on it.
LOL and have a great weekend
Jo
x
Needafriend says:
Just always remember one thing, Your not alone, your not the first and you wont be the last.
22 Weeks down
30 to go
For more info on how i have come through bankruptcy and for links to help, you can read my blog here called:~ Needafriend's Info on Bankruptcy :-)
http://debtfreejo.blogs.bankruptcyhelp.org.uk/
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| jelly4toes |
Posted - 10 January 2009 : 11:24:23
I am so happy for you i know this awful feeling you have experienced my or has offered to sell me my BI they were going to offer it to ex husband as he is joint owner.However Woman's Aid intervened and wrote to the OR she backed down I have never felt so scared. |
| RHB |
Posted - 10 January 2009 : 10:53:17
Could be cleared upsooner than you thought so that's good. I checked on Zoopla out of curiosity & my 3 bedroom house was supposedly worth more than the big 4 bedroom houses on the street!! However, if you can look at the actual price houses sold for around you I would imagine that is a much sounder base to work from? |
| Needafriend |
Posted - 10 January 2009 : 08:33:02
Thanks Guys and Gals
I will def let yoyu know how it all works out though.
Have a great weekend
Jo
x
Needafriend says:
Just always remember one thing, Your not alone, your not the first and you wont be the last.
22 Weeks down
30 to go
For more info on how i have come through bankruptcy and for links to help, you can read my blog here called:~ Needafriend's Info on Bankruptcy :-)
http://debtfreejo.blogs.bankruptcyhelp.org.uk/
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| MrandMrs |
Posted - 10 January 2009 : 00:31:51
Brilliant news Jo - I'm thrilled for you xx
working towards the first day of the rest of our lives |
| end or teather |
Posted - 09 January 2009 : 21:40:55
Hi Jo,
Thats great news for you, sorry i hav'nt been on for a while but i hav'nt heard anything since the or interview in November, he said i will be contacted by a trustee, but as yet nothing.
EOT. |
| Needafriend |
Posted - 09 January 2009 : 20:41:12
Hi Jenny
I thought the info on how the equity and BI work with regards to a persons bankruptcy whether its a couple or a single person was the best advice as i thought that us a couple that had both gone bankrupt that we could not buy it if its in neg but i was wrong.
Hopefully that will help others asking the same question.
LOL
Jo
x
Needafriend says:
Just always remember one thing, Your not alone, your not the first and you wont be the last.
22 Weeks down
30 to go
For more info on how i have come through bankruptcy and for links to help, you can read my blog here called:~ Needafriend's Info on Bankruptcy :-)
http://debtfreejo.blogs.bankruptcyhelp.org.uk/
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| movin on |
Posted - 09 January 2009 : 20:35:05
Jo
That is such good news - and well deserved
Fingers crossed it will be sorted and what a good piece of info with regards to +/- equity
Heres to you JO and family
xxxxx
Onwards and Upwards is the way im going :-0)
From "Moneyworries" to "Movin On" in 3 months is fantastic :-))
xx |
| Needafriend |
Posted - 09 January 2009 : 18:21:14
Thanks Guys
Just a waiting game now but at least thats another hurdle starting to get out of the way.
LOL
Jo
x
Needafriend says:
Just always remember one thing, Your not alone, your not the first and you wont be the last.
22 Weeks down
30 to go
For more info on how i have come through bankruptcy and for links to help, you can read my blog here called:~ Needafriend's Info on Bankruptcy :-)
http://debtfreejo.blogs.bankruptcyhelp.org.uk/
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| JulianDonnelly |
Posted - 09 January 2009 : 18:15:57
Fantastic news!
Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
Don't forget the helpline on 0800 078 9367 |
| leakie |
Posted - 09 January 2009 : 18:14:50
Hi Jo
That is a great start to the New Year for you,
Well done
I hope you get the BI
all the best
Leakie
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| joella68 |
Posted - 09 January 2009 : 17:40:16
hey jo, thats great news :-)
jo |
| Needafriend |
Posted - 09 January 2009 : 17:27:43
Thanks John
And you :-)
Jo
x
Needafriend says:
Just always remember one thing, Your not alone, your not the first and you wont be the last.
22 Weeks down
30 to go
For more info on how i have come through bankruptcy and for links to help, you can read my blog here called:~ Needafriend's Info on Bankruptcy :-)
http://debtfreejo.blogs.bankruptcyhelp.org.uk/
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| John |
Posted - 09 January 2009 : 17:06:07
Hey Jo
great news!
have a good weekend!!!
www.Bankruptcyhelp.org.uk
0800 078 9367 |
| Needafriend |
Posted - 09 January 2009 : 16:42:10
Thank you, i feel that i am finally getting things back on track now as our home was the last thing.
Jo
x
Needafriend says:
Just always remember one thing, Your not alone, your not the first and you wont be the last.
22 Weeks down
30 to go
For more info on how i have come through bankruptcy and for links to help, you can read my blog here called:~ Needafriend's Info on Bankruptcy :-)
http://debtfreejo.blogs.bankruptcyhelp.org.uk/
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