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Needafriend
Junior Member
United Kingdom
344 Posts |
 Posted - 31 October 2008 : 08:43:47
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Hi RHB
Yes you are right, if the BI or the house has not been sold in 3 years then it would revert back to you.
We will be looking at buying our BI next year just waiting on the house market to drop some more before we get a valuation and put in our offer to the OR.
I will let you all know how that all goes when the time comes.
Best of luck
Jo
x
For more info on how i have come through bankruptcy and for links to help, you can read my blog here called:
Jo's Links and added info on Bankruptcy!
http://debtfreejo.blogs.bankruptcyhelp.org.uk/
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scaredkez
Junior Member
United Kingdom
194 Posts |
Posted - 31 October 2008 : 14:14:30
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you are in the same position as me Jo, probably the only 2 wishing the housing market crashes, good luck with yours fingers crossed we get it right down.
kerri |
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Needafriend
Junior Member
United Kingdom
344 Posts |
Posted - 31 October 2008 : 14:16:24
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Hi Kerri
Yes i am on a waiting and biting my nails time ;-)
I hope that i have made the right decsion and will go for it next year.
I have been looking through our local free paper and lots of 2 beds are now under 140k so i am hoping that we will be just fine.
You let us know how you get on.
Take care and have a great weekend.
Jo
x
For more info on how i have come through bankruptcy and for links to help, you can read my blog here called:
Jo's Links and added info on Bankruptcy!
http://debtfreejo.blogs.bankruptcyhelp.org.uk/
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scaredkez
Junior Member
United Kingdom
194 Posts |
Posted - 31 October 2008 : 14:22:11
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i am looking all the time Jo, so far ours has gone from just over 130k and they reckon they will be going for around 115k at the present time, as it needs a bit of repair hopefully it will bring it down some more, 2yrs are up for me in april so will see if they do anything then, have had no contact with OR or trustee for over 12 months just hoping they forget about me in the 3 yr period no chance of that!!
will let you know if anything happens, you have a great weekend to.
kerri |
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Topic |
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OR's and force of sale orders
