Viewing a property - Pyrite

The_Fitz

Hi folks,

Viewing a property later today in Rush. The owner has rented it out to a couple who live in the same estate who's house is being remediated for Pyrite. This led me to ask about the house on offer and the EA has said that all remediation works are complete and it has a green cert etc.

I have no experience of Pyrite. Can I just plough on and consider everything to be sorted or do I bail and leave alone?

Cheers,

Fitz

If it's a semi detached, find out if next door has had their works done.

No point buying a house if the one next door might fall down.

Do you have a mortgage provider? Be interested to hear what they think? Would they be comfortable sanctioning this?

Bold Abdu

Re' the Green Cert, my brother had his pyrite sorted out about 10 years ago. I assume it was certified at the time.

He had to move back out of his house again a couple of years ago to get the pyrite sorted. Will that be the last time?

If it was me, I would avoid.

Doolittle51

Run a mile

ozmo

Good spot - Shouldn't this have been mentioned though somewhere by the estate agent - very unfair to whoever buys it to not be told.

Walk away. It's only asking for trouble in the future

billyhead

Op. The pyrite remediation cert means exactly what it says. I wouldn't worry about buying it personally once it has been repaired.

daheff

OP I'd run a mile on this. No knowing what further problems you could be buying into.

I'd bet that the asking price is a little on the lower end??

billyhead

https://www.boards.ie/discussion/comment/118268422#Comment_118268422

If the house has been remidiated I don't see a problem in buying it or am I missing something?

daheff

https://www.boards.ie/discussion/comment/118272346#Comment_118272346

People will always wonder if it was fully & properly fix. Even the mention of Pyrite will reduce the number of potential buyers.

billyhead

https://www.boards.ie/discussion/comment/118272645#Comment_118272645

Let them wonder but if a house has been structurally repaired it's no different then buying a house build without Pyrite substance.

shesty

I would have thought the bank will ask for proof it's been remediated before giving you funds?

I live in the area, there are a few well- known developments in it with pyrite, being remediated.If it's a local agent they should have been through this process before and can advise.

To be honest if it has been remediated I do't see the problem.The house is almost brand new once that is done.

daheff

https://www.boards.ie/discussion/comment/118272663#Comment_118272663

Yeah. Let them wonder....but they'll look elsewhere when buying a home. Who wants to buy a potential problem?

The_Fitz

Viewed it and the EA said next door had been done too. Was a bit on the small side though so both factors have made me leave it be.

L1011

https://www.boards.ie/discussion/comment/118272645#Comment_118272645

If the price you buy it for reflects that, that the resale value may also reflect it should be irrelevant.

People buy older houses with fixed flaws, terrible design problems or known timebombs all the time.

Seth Brundle

https://www.boards.ie/discussion/comment/118290188#Comment_118290188

In fairness (and not that it matters now), I wouldn't trust the word of an estate agent on something as serious as that!

Mad_maxx

if the problem has been remedied and is also certified , there is nothing to worry about , pyrite was an issue in thousands of properties , this did not result in said properties selling for a song once remedial work had it been carried out

i know of a house going to auction on friday where no cert is available even though half the estate has had to undergo remedial work , 250 k the reserve , now i would not buy this even there is no obvious sign of pyrite and no cert would lead me to believe the vendor is hiding something ?

Bold Abdu

https://www.boards.ie/discussion/comment/118293619#Comment_118293619

Some properties have been remedied and certified twice, so definitely something to worry about.

There isn't a hope I would buy one of these properties, no matter how many "certificates" there are.

The reason they go for a high price is an indication of the absolute state of the Irish property market right now, not the confidence people have in them.

daheff

https://www.boards.ie/discussion/comment/118294906#Comment_118294906

Likewise I'm sure it was all certified by the builder and quarry beforehand.

D3V!L

Whats the official way to find out if a property has had remediation works done ?