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Making an offer

  • 10-08-2012 4:43pm
    #1
    el10
    Registered Users, Registered Users 2 Posts: 19 ✭


    Hi,

    Apologies, I am new to house hunting, and need to double check something:

    if I put a bid on a property, can I still pull out from buying that property if I change my mind or bank refuses? and what would the consequences be?

    Any advice appreciated,

    Thanks, el


Comments

  • #2
    Henry Ford III
    Moderators, Business & Finance Moderators Posts: 17,859 Mod ✭✭✭✭Henry Ford III


    Making an offer costs nothing. You can withdraw anytime.

    If you've paid a deposit however things can change.


  • #3
    el10
    Registered Users, Registered Users 2 Posts: 19 ✭el10


    Thanks, i thought so, i'll start bidding!


  • #4
    NIMAN
    Registered Users, Registered Users 2 Posts: 34,694 ✭✭✭✭NIMAN


    You're ok right up until you sign on the contract. After that, you might get caught for money. So only sign when you are 100%.


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