Currently buying/selling a house? How is it going? READ MOD NOTE POST #1

Contracts are finally in, going to sign next week! Fingers crossed that's us across the line

Currently buying/selling a house? How is it going?

Bump

My solicitor requested the funds early last week, still no word. I am wondering at what point the lenders may request more payslips or bank statements

Waiting for AIP from Haven for 8 weeks now.

Submitted all the documents and they've taken so long my statements are out of date. Now they're asking for the most recent months statements. 🙄

I'm going for an exemption, so I presume there are higher requirements, but it's still a joke at this stage.

I am beyond furious regarding the deposit shortfall but they still handed over more than 50k so in terms of commitment it’s still a lot.

however the place we are buying … another glitch.. I swear you couldn’t make it up…the seller doesn’t have a PPPS number, why would they, they aren’t Irish. But you need one to sell. I am absolutely gobsmacked that their EA didn’t ask this up front. He’s qualified and well into his 50’s so not new to the game. Their solicitor likewise, seems like they must have just assumed. Normally that takes a few days, but covid/holidays/refugees the service is swamped.

so we may be homeless with all our stuff in a truck. The extra removals and storage plus somewhere to live is going to cost us an absolute fortune, plus the practical aspects of WFH when you are homeless.

back to sleeplessness and stress.

Feel for you. Makes me appreciate my own solicitor even more. He came looking for LPT compliance from us almost immediately. I'm sure that it will all work out in the end.

Yeah, we got ours organised in good time. I did it as it was easy enough, although proving the value in 2013 took a bit of googling.. but an hour did the paperwork and the LPT office are slow but it was only 2 weeks.

the EA should flag this for sellers at the start of the process. I’m pretty sure it was mentioned to us, but possibly just in passing. I do recall logging on to check it. But since we did the return last November I’d have remembered it when we talked to the EA in December. If their EA had mentioned it to them they could have sorted the lack of registration and paid up over dues, fines etc long before now. They’ll owe a lot as far as I can see.

Has anyone experienced delays with the formal offer from AIB? We went sale agreed in early June and our buyers solicitor has said they’re still waiting on the offer from AIB. We’re also buying and we got ours within a couple of weeks from BOI. Everything is so slow.

We saw a house last week that we both really want, needs a lot of work but most of it can be done ourselves over time and livable for the moment, the inside just has no flooring in any of the bedrooms - most of the work is outside. Took the weekend to think about it then called the EA on Monday to make an offer 5k below asking. We were apparently the first to make an offer but were told there's a lot of interest. (So we expect to go above asking). The EA said she will notify us of any offers that come in on the property.

Didn't hear a word back on it at all so I rang today and asked are there any offers, they said there's 2 offers, ours and an offer 3k above ours. Nobody notified us of this and we were really peeved to be honest, we are willing to bid more just need to be kept in the loop. Does anyone know if EAs normally notify you of offers that come in?

I’ve just sold a property in Dublin & it went without a hitch - buyer & seller were equally paranoid about delays & had great solicitors.

I selected an EA in 2nd week of June, property was online 2 days later with photos & video - went sale agreed 7 days later (6% over asking) - deposit paid next day - sale contracts issued the following day - survey within a week & queries answered - buyer’s loan offer took around 2 weeks - contracts returned last week & counter-signed same-day - expecting funds transfer by end of next week… Should be around 7 weeks total from going on the market to closing.

I had organised paperwork with solicitor 3-4 months before selling to avoid delays & the buyers were super keen to get the keys so kept the pressure on, got regular updates from EA along the way.

Glad to be finally out of the accidental landlord business!

You couldn’t make it up…. Now our buyers can’t get removals… so they want to delay. They are mysteriously also hitting a delay in the funds transfer. In February our EA told us they had sold their property and were renting…

our sellers are unsure how long it’ll take to sort out the lack of a PPS number and backdated LPT returns… they never registered or paid.

we may well end up homeless at the rate.

You should probably post some background before you can get an accurate response.

Only €25k over in Dublin? That's a bargain. What price bracket are you looking at, and in what area? In the area I was looking at, 3 and 4 bed semi-d's were minimum €50k over asking, whereas apartments have been going close to the asking price.

The asking price largely has to be ignored, you need to be looking at what similar places are going for. Even looking at the property price register is often a waste of time, as those prices are months old.

I'd expect after the amount of places you've viewed and bid on, you'd have a feel for the market by now.