Republic of Ireland Law
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"you should really seek to sell the house in Ireland, as you own it."
I may own it but the banks holds the deeds. Does this mean they have a veto on the sale if they don't like the price I can get?
How do I get the deeds that they are holding?
If I can sell the house without the deeds what value are they to the bank.
I'm really have a problem understanding this.
I'm seeing newspaper reports that mortgagees have had to go to court to be allowed to sell their house.
Forgive my ignorance.
I appreciate your patience.
It just seems strange that I can go and sell the house complete the transaction and I assume the solicitor sends the money to the bank holding the mortgage.
How is the buyer protected if the mortgage is secured against the house? Does the buyers solicitor not check that their is no mortgage against the property? Isn't that what we pay solicitors to do when we buy a house?
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