If my maths are correct (and your mortgage of 128k was the remaining 80%) then you stand to lose the 35k you all put in which between the 4 of you is 8750€ each. Plus you’ve had the use of it and/or rental income for however many years you’ve owned it. A relatively modest sum of money to be able to avoid the distress and potential repercussions of repossession I would have thought. There are many in a far worse situation than yourselves.
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