Looking for a house - are you thinking of selling?

SquallyShowers

We have been house hunting for the past 3.5 years and have not yet been successful in buying anything. We have put good bids (at least 85% of asking price) on at least 5 properties at this stage, but none of these have been accepted (and none of these properties have sold since).

We are mortgage approved (as of December 2010) and have a large cash input, so we are extremely frustrated at this stage needless to say and just want to get settled in somewhere.

Our requirements are relatively simple:

• Longford/Leitrim/North Roscommon/South Sligo area
• Close to the N4 - i.e. not in the middle of nowhere, where you have a 15 min drive just to get to a main road/shop
• Minimum 4 bed, ideally with 2 reception rooms
• Built by a builder (not a self-build by Mickey Joe the farmer/garda)
• Good BER rating (well insulated and easily heated)
• Not already on Daft/My Home/Property News as we have seen them all...

Please PM me with details if you have a suitable property in mind. Thank you very much.

garfieldsghost

If you've been house-hunting for over three years, it may be worth going back to some of the unsold properties you looked at early on, as the owners may have since changed their stance. I'd be surprised if at least one or two weren't more willing to play ball now (long wait to sell, current state of the housing market, etc. etc.).

SquallyShowers

Thanks garfieldsghost, we did that but most sellers (and indeed auctioneers) seem to be living in denial. We can't understand this as many of these houses are deteriorating with time because they are not being lived in and maintained and a house is only worth what the market will pay for it.

garfieldsghost

SquallyShowers wrote: »

Thanks garfieldsghost, we did that but most sellers (and indeed auctioneers) seem to be living in denial. We can't understand this as many of these houses are deteriorating with time because they are not being lived in and maintained and a house is only worth what the market will pay for it.

They're only shooting themselves in the foot with their stubborness. If nothing turns up with your request here, then it should be worth hanging on for another while if you can, because it's only a matter of time before these people see sense.

Encoder1970

Sooner or later the prices will drop, just a question of time and desparation.

gigino

SquallyShowers wrote: »

We have been house hunting for the past 3.5 years and have not yet been successful in buying anything. We have put good bids (at least 85% of asking price) on at least 5 properties at this stage, but none of these have been accepted (and none of these properties have sold since).

Out of curiosity, did any of the sellers offer anything off the selling price ....e.g. offer to meet you half-way between your 85% offer and the full price ?

Many properties have fallen - and sold for - a lot more than 15% off their peak prices.