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Selling My House With a Special Offer

  • 02-10-2009 3:34pm
    #1
    baz6679
    Closed Accounts Posts: 14 ✭


    Hi All
    I am selling my house in Donegal. I am leaving for Australia in January and i really need a quick sale. I have offered to pay the mortgage for the potential new buyer for a period of one year. Basically i felt i needed to do something to entice some buyers. Anyone out there want a house in Donegal!!!!!!!!!!!!!!!!! Any advice would be much appreciated


Comments

  • #2
    dny123456
    Closed Accounts Posts: 431 ✭✭dny123456


    do u have a daft/myhome ad, and where in Donegal?


  • #3
    Victor
    Registered Users, Registered Users 2 Posts: 78,580 ✭✭✭✭Victor


    What if they are high income and pay of €10,000 a month?


  • #4
    D3PO
    Registered Users, Registered Users 2 Posts: 7,879 ✭✭✭D3PO


    makes absolutly no sense. why not drop the price by the equivelent amount same thing


  • #5
    The_Conductor
    Moderators, Society & Culture Moderators Posts: 32,286 Mod ✭✭✭✭The_Conductor


    D3PO wrote: »
    makes absolutly no sense. why not drop the price by the equivelent amount same thing

    Plus it would lower the stamp duty- and given the lowering of lending multiples- bring the property into the affordability brackets of more potential purchasers......


  • #6
    iguana
    Registered Users, Registered Users 2 Posts: 12,917 ✭✭✭✭iguana


    Also, I don't mean to cast aspersions on your character, but not many people would trust someone moving to Australia to continue making payments for a year.


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  • #7
    dny123456
    Closed Accounts Posts: 431 ✭✭dny123456


    iguana wrote: »
    Also, I don't mean to cast aspersions on your character, but not many people would trust someone moving to Australia to continue making payments for a year.
    Well he could lodge one years worth of repayments to an account in the buyers name. Get a legal agreement etc.

    There is a difference between lowering the price and giving a little kick back like this. Lets someone who might not quite have a deposit, buy a house. Novel idea.

    But where is the house?


  • #8
    D3PO
    Registered Users, Registered Users 2 Posts: 7,879 ✭✭✭D3PO


    dny123456 wrote: »
    There is a difference between lowering the price and giving a little kick back like this. Lets someone who might not quite have a deposit, buy a house. Novel idea.

    But where is the house?

    seriously how do you figure that ? if they dont have a deposit they wont be given a mortgage ........


  • #9
    baz6679
    Closed Accounts Posts: 14 ✭baz6679


    thanks all for the replies. Firstly in reply to trusting someone to make payments, this would be a 100% legal contract so there would be no worries in that score. Secondly I decided trying an offer like this in order to stimulate some interest. We all know what the market is like at the minute and because I am going away soon and have just put my house up i felt i needed to do something to generate interest. As regards high earners paying off 10,000 a month obviously there would be a limit built into the agreement.
    However if someone is interested in the house and would rather a lower price as opposed to me paying the mortgage for a year then it would be no problem. Thanks again everyone i have found your replies most helpful
    :)
    PS The House is in the lovely Inishowen Pennisula in County Donegal. Please PM me for more details


  • #10
    The_Conductor
    Moderators, Society & Culture Moderators Posts: 32,286 Mod ✭✭✭✭The_Conductor


    Barry- I've editted your post- to remove your e-mail details and requested people PM you instead (or even better- put the details up in this thread).

    Its a bad idea to put an e-mail address or a phone number in a thread like this- you're leaving yourself open to all sorts of spam.

    Regards,

    SMcCarrick


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