Hi Richard, thanks for helping! I am very new to this, so forgive me if I give the wrong information… I meant, the property was bought 3 years ago for 250k….. A friend who is a valuer said approx value of 270 – 280k now. I owe about 227k on the original loan of 237,500 (what i borrowed after deposit etc).So I was thinking it was a debt of 227k…[Read more]