A home previously owned by MEP Mick Wallace which was the subject of legal proceedings after he was declared bankrupt has gone sale agreed.
AIB placed his Clontarf home on the market after repossessing the property over unpaid mortgage debts.
No 13 Clontarf Road, a three-bedroom bungalow in Dublin, had a price tag of 725,000 some 225,000 less than was owed to AIB.
It is understood the price offered for the house by an Irish buyer was close to 745,000.
A spokesperson for the estate agents, REA Grimes confirmed the property had just gone sale agreed.
Last year the politician and property developer from Wexford threatened to burn down the 169sq m property before handing it over to the bank, according to an affidavit filed by a bank offici…
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