Kristy27 replied to the topic Using Equity in property with ex partner in the forum Finance 14 years, 3 months ago
Thanks for the advice…..yes I probably would be reluctant if I was asked to do same thing too.But speaking to the ex it might be easier than I thought….he is looking into buying the property himself, so buying me out so will gain the physical cash. So soon enough I may just have the cash to purchase new property & use an offset account to put…[Read more]
Kristy27 replied to the topic Using Equity in property with ex partner in the forum Finance 14 years, 3 months ago
Hi Richard,Yep both names are on the original title & I have had the serviceability of a new loan looked at with no probs, taking into account the 100K still owing on total original loan.So are you saying there is a sub loan only on the equity as such – and then the new loan is in my name only. This is obviously what I'd prefer. What do you mean…[Read more]