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Heres a different question!
Comments
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how does it help that his 40% is worth treble???
this means the other 60% costs treble too!! seems to me a poisioned chalice!
I would agree with the other poster. the op shouldn't buy any extra shares in their property - especially as they'll have to pay more for them simnce they have improved the property. It would be much easier to sell as a 25% share.
I would consider paying off the mortgage you do have, or invest the money into a save high interest account. As far as money saving goes, don't bother improving this property anymore - save that for when you 100% own somewhere!!0 -
It's in a high interest account.
The whole point of SO is that you can actually get the mortgages. I simply could not get a mortgage at the moment for a house outright, your looking at 160k plus for the most basic of homes here.
I'm not on 40k a year, even if I was, I wouldnt want those mortgage payments over my head....I'm on me own!0
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