Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

What exactly is this potential negative equity?!

  • 28-03-2008 11:57pm
    #1
    sygdsaugdyuysd
    Closed Accounts Posts: 6 ✭


    Thanks for that lads! Will chat to solicitor


Comments

  • #2
    Pete4779
    Closed Accounts Posts: 622 ✭✭✭Pete4779


    If you want you own place, security of residence (more so than a tenant contract can give) and it's where you are happy to live and afford then there is no reason not to.

    But, if it is a place that you wouldn't live in anyway, then don't. The only reasonable type of property that you should own in Ireland now is one that suits your work/life well and that you can afford. Forget about trying to profit off investments.

    IS it in Leitrim?


  • #3
    bugler
    Registered Users, Registered Users 2 Posts: 3,446 ✭✭✭bugler


    Something you need to bear in mind is that if you've signed contracts the builder may attempt to force you to purchase. Walking away and leaving the deposit to the builder was generally not a problem when other buyers were lined up. Now that buyers are scarce on the ground the builder may exercise their legal rights and force you to complete.

    This is best discussed with your solicitor.


Advertisement