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selling & buying timelines once sale agreed

  • 09-10-2020 1:22pm
    #1
    amos13
    Registered Users, Registered Users 2 Posts: 173 ✭✭


    Does anyone know what the timeline is from sale agreed? Obviously I know it is changeable but I literally have no idea. I think we are close to all queries closed on both purchase and sale contracts, so what then? once we are happy, and we sign, do we move house in the next few days? or is it 28 days like I read today in the Independent from that REA guy? It seems crazy to me to have contracts signed and still not move for 4 weeks, like why?


Comments

  • #2
    Canyon86
    Registered Users, Registered Users 2 Posts: 1,223 ✭✭✭Canyon86


    Rule of thumb from my experience and my colleagues
    Is 3months all going well,
    It can taken 6 months if issues arise

    I'm waiting 3 months myself since sale agreed


  • #3
    amos13
    Registered Users, Registered Users 2 Posts: 173 ✭✭amos13


    Canyon86 wrote: »
    Rule of thumb from my experience and my colleagues
    Is 3months all going well,
    It can taken 6 months if issues arise

    I'm waiting 3 months myself since sale agreed

    wow ok. Have you signed contracts yet?


  • #4
    chicorytip
    Registered Users, Registered Users 2 Posts: 4,257 ✭✭✭chicorytip


    amos13 wrote: »
    Does anyone know what the timeline is from sale agreed? Obviously I know it is changeable but I literally have no idea. I think we are close to all queries closed on both purchase and sale contracts, so what then? once we are happy, and we sign, do we move house in the next few days? or is it 28 days like I read today in the Independent from that REA guy? It seems crazy to me to have contracts signed and still not move for 4 weeks, like why?
    It's usually stipulated at the outset what the "closure" period - from going sale agreed to moving out - will be and, yes, it's usually twenty eight days. That's not a long period of time considering all the issues to be dealt with when moving home. Buyer and seller can always agree on an extended period.


  • #5
    Queenio
    Registered Users, Registered Users 2 Posts: 53 ✭✭Queenio


    Canyon86 wrote: »
    Rule of thumb from my experience and my colleagues
    Is 3months all going well,
    It can taken 6 months if issues arise

    I'm waiting 3 months myself since sale agreed

    Sake agreed since July 14th. Vacant house executor sale and STILL no keys. Every single step has faced delays and no one is in any rush to sort anything out. Prepare to put a lot of your energy into chasing people to do the job they are being paid for. Also if second hand make them get the search for the register of deeds sorted if it's not done. We are ready to close and this is the one thing not sorted. And could have been anticipated which is absolutely rage inducing. Im extremely salty about this all today if you can't tell!

    We were told 28 days from the start. She a Vacant home with a dead previous owner should be a simple sale to close .. Yet here we are


  • #6
    amos13
    Registered Users, Registered Users 2 Posts: 173 ✭✭amos13


    chicorytip wrote: »
    It's usually stipulated at the outset what the "closure" period - from going sale agreed to moving out - will be and, yes, it's usually twenty eight days. That's not a long period of time considering all the issues to be dealt with when moving home. Buyer and seller can always agree on an extended period.
    Thanks, we know what the period was set at the start, but I'm more looking for how soon after the actual signing of the contracts - not sale agreed as such - can we get the keys, as I think we're just about at that point


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  • #7
    amos13
    Registered Users, Registered Users 2 Posts: 173 ✭✭amos13


    Queenio wrote: »
    Sake agreed since July 14th. Vacant house executor sale and STILL no keys. Every single step has faced delays and no one is in any rush to sort anything out. Prepare to put a lot of your energy into chasing people to do the job they are being paid for. Also if second hand make them get the search for the register of deeds sorted if it's not done. We are ready to close and this is the one thing not sorted. And could have been anticipated which is absolutely rage inducing. Im extremely salty about this all today if you can't tell!

    We were told 28 days from the start. She a Vacant home with a dead previous owner should be a simple sale to close .. Yet here we are

    Jesus christ, that was the first thing my solicitor did thankfully. I would be raging if I were you alright. Its not like they're run off their feet at the minute....


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