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Sale Agreed

  • 19-02-2010 3:03pm
    #1
    warrenaldo
    Registered Users, Registered Users 2 Posts: 500 ✭✭✭


    Folks,

    Have my house up for sale for the past 4 months. Just went Sale Agreed today.

    We are planning on moving to a different area. We have our eye on a couple of properties in the area.

    When should we make offers - Is it too early to start making offers?


Comments

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


    Its never too early to make offers. However sale agreed isnt worth the paper its written on so clearly if your buyer pulls out then you will end up pulling out and so the chain falls.

    Once you dont sign for the new house your entitled to pull out any time you want. Its not a great way for things to work but unfortunatly thats the system


  • #3
    testicle
    Closed Accounts Posts: 5,429 ✭✭✭testicle


    I'd certainly look at houses, but not make any offers until contracts are signed on your own.


  • #4
    warrenaldo
    Registered Users, Registered Users 2 Posts: 500 ✭✭✭warrenaldo


    My estate agent recommends to look and not make any offers as yet.

    But we have found our ideal property. And are pretty anxios to make offers.

    We dont want it to be gone in 3/4 weeks.

    Whats my options?


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


    warrenaldo wrote: »
    My estate agent recommends to look and not make any offers as yet.

    But we have found our ideal property. And are pretty anxios to make offers.

    We dont want it to be gone in 3/4 weeks.

    Whats my options?

    You don't have any options to be honest.
    Under no circumstances should you make offers to anyone- you have no basis on which to do so. You can't even get bridging finance these days when you have a firm offer on your own property.

    Keep your powder dry and wait and see what happens. Push your own solicitor to get completion asap- perhaps give him an incentive to get the dotted line signed and the cheque in the your account by a set date.

    Putting an offer on a property on the basis of having gone sale agreed on your property- is crazy these days.


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