Monday 16 January 2017

'We've been trying to sell since 2007' - one woman's property story

Published 24/01/2014 | 02:30

Phyllis Jordan in her home sauna.
Phyllis Jordan in her home sauna.

PHYLLIS Jordan has been trying to sell a new family home in Roscommon for almost seven years, and as the market continues to steadily improve, she is increasingly hopeful that this year will be her year.

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She purchased the site just outside Castlerea, Co Roscommon, with her husband William several years ago, and built a large family home with the intention to sell it during the boom. The home was an investment property for the Jordans, and they almost closed the sale in 2007 for €356,000.

However, as the market crashed, they were forced to cut the asking price, and today the property is on the market for €199,000. "We had 'sale agreed' in 2007 . . . but the sale fell through and we have been trying to sell it ever since.

"In 2007, we had €356,000 got for it. We have it down to €199,000 now," Phyllis said.

The forecast for 2014 is that the Roscommon market is set to increase by a further 3pc, which gives the mother of four hope of an imminent sale.

She said that the property has become a financial burden,

"We just really want to sell it, because there is no point in having it there," she added.

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Irish Independent

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