| Comment | You say in your post that you're worried about negative equity.
Negative equity is owing more on a property than it is worth, and e.g. being unable to sell or move because you literally owe the bank more than you could get from the sale.
If you paid over using cash you've inherited/been gifted, then negative equity is not a concern because you don't owe anyone that money.
So don't worry about that. |
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