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Buying an abandoned house

  • 12-06-2016 2:25pm
    #1
    are you serious
    Registered Users, Registered Users 2 Posts: 1,047 ✭✭✭


    I have the folio number, it was bought some time ago and the owners name is not an every day name so as its abandoned I done a check on rip.ie, this person has passed away a few years back..

    What is the next step if I am looking to buy this house?


Comments

  • #2
    Atlantic Dawn
    Registered Users, Registered Users 2 Posts: 84,761 ✭✭✭✭Atlantic Dawn
    M


    Next step would be to see if the person had a will or descendants who would now become owners of the property. Might be best to check probate office in the county the property is in to see if it details who took ownership or is acting as executor. It could still be going through legal side and sometimes it could be 2 years after a death before it gets fully sorted.


  • #3
    are you serious
    Registered Users, Registered Users 2 Posts: 1,047 ✭✭✭are you serious


    Atlantic Dawn wrote: »
    Next step would be to see if the person had a will or descendants who would now become owners of the property. Might be best to check probate office in the county the property is in to see if it details who took ownership or is acting as executor. It could still be going through legal side and sometimes it could be 2 years after a death before it gets fully sorted.

    Cheers thanks.!


  • #4
    Atlantic Dawn
    Registered Users, Registered Users 2 Posts: 84,761 ✭✭✭✭Atlantic Dawn
    M


    are you serious wrote: »
    Cheers thanks.!

    If there was no will or descendants I think the property and estate might be claimed by the state. It's hard to know whether your better off contacting those who may be beneficiaries of the estate to express your interest in purchasing or just wait until the property goes on the open market (presuming it does), if they think the property is in high demand they might put an unrealistically high price on it.


  • #5
    are you serious
    Registered Users, Registered Users 2 Posts: 1,047 ✭✭✭are you serious


    Atlantic Dawn wrote: »
    If there was no will or descendants I think the property and estate might be claimed by the state. It's hard to know whether your better off contacting those who may be beneficiaries of the estate to express your interest in purchasing or just wait until the property goes on the open market (presuming it does), if they think the property is in high demand they might put an unrealistically high price on it.

    That would be the fear, sure if its too high the search will continue!!


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