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Viewing a property - Pyrite

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  • 03-12-2021 12:00pm
    #1
    The_Fitz
    Registered Users Posts: 329 ✭✭


    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



Comments

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    #2
    [Deleted User]
    Posts: 18,749 ✭✭✭✭ [Deleted User]


    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.



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    #3
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


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



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    #4
    Bold Abdu
    Registered Users Posts: 212 ✭✭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.



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    #5
    Doolittle51
    Registered Users Posts: 372 ✭✭Doolittle51


    Run a mile



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    #6
    ozmo
    Registered Users Posts: 3,844 ✭✭✭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.

    “Roll it back”



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    #7
    SouthWesterly
    Registered Users Posts: 6,456 ✭✭✭SouthWesterly


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



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    #8
    billyhead
    Registered Users Posts: 9,543 ✭✭✭billyhead


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



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    #9
    daheff
    Registered Users Posts: 5,833 ✭✭✭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??



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    #10
    billyhead
    Registered Users Posts: 9,543 ✭✭✭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?



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    #11
    daheff
    Registered Users Posts: 5,833 ✭✭✭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.



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    #12
    billyhead
    Registered Users Posts: 9,543 ✭✭✭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.



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    #13
    shesty
    Moderators, Recreation & Hobbies Moderators, Social & Fun Moderators, Society & Culture Moderators Posts: 6,893 Mod ✭✭✭✭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.



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    #14
    daheff
    Registered Users Posts: 5,833 ✭✭✭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?



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    #15
    The_Fitz
    Registered Users Posts: 329 ✭✭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.



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    #16
    L1011
    Moderators, Business & Finance Moderators, Motoring & Transport Moderators, Society & Culture Moderators Posts: 67,632 Mod ✭✭✭✭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.



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    #17
    Seth Brundle
    Moderators, Politics Moderators Posts: 38,842 Mod ✭✭✭✭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!



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    #18
    Mad_maxx
    Registered Users Posts: 13,505 ✭✭✭✭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 ?



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    #19
    Bold Abdu
    Registered Users Posts: 212 ✭✭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.



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    #20
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    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.



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    #21
    daheff
    Registered Users Posts: 5,833 ✭✭✭daheff


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

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



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    #22
    D3V!L
    Registered Users Posts: 2,923 ✭✭✭D3V!L


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



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