Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi all! We have been experiencing an issue on site where threads have been missing the latest postings. The platform host Vanilla are working on this issue. A workaround that has been used by some is to navigate back from 1 to 10+ pages to re-sync the thread and this will then show the latest posts. Thanks, Mike.
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Ability to purchase BidX1 properties pre auction

  • 20-09-2021 8:57pm
    #1
    Blub123
    Registered Users Posts: 144 ✭✭


    Is there any way to discuss the purchase of a property pre auction.

    The area I'm looking at purchasing has quite a few properties that I would think are suitable for a B2L however are mostly BidX1 properties and as I'm purchasing via a mortgage are not suitable.

    Thanks



Comments

  • #2
    L1011
    Registered Users, Registered Users 2 Posts: 69,562 ✭✭✭✭L1011


    The properties have been put up for auction for a reason, so no - the vendors are generally not in a position to do a conventional sale (missing documentation, planning problems, etc that will rule out a mortgage purchase) or simply don't want to.



  • #3
    BronsonTB
    Registered Users, Registered Users 2 Posts: 1,897 ✭✭✭BronsonTB


    Those type properties are generally for cash buyers - Most have some sort of issue that causes problems with a mortgage. (Not all but most do!)

    Also the normally use AMV when advertising & it's usually way off the actual property value/selling price.

    www.sligowhiplash.com - 2nd & 3rd Aug '25



  • #4
    Claw Hammer
    Registered Users, Registered Users 2 Posts: 6,295 ✭✭✭Claw Hammer


    There is no way the will accept a bid subject co loan. there is no way your solicitor would be happy with you signing a contract which is not subject to loan unless you are a cash purchaser. Your only chance with those properties is to see if they fail to sell at auction and are offered for sale by private treaty afterwards. There might be some possibility of negotiating the terms of the contract at that stage.



Advertisement