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

herbalplants · 04-07-2023 03:10PM

https://www.boards.ie/discussion/comment/120804053#Comment_120804053

Yes definitely will be demolished and new houses built.

whatawaster · 04-07-2023 03:39PM

If moving out what do you do with broadband and router? (still in contract).

Take the router with you, and cancel service once you've moved out? Presume you can't leave router behind for new owners, because broadband provider will charge you for not returning it.

SortingYouOut · 04-07-2023 04:47PM

https://www.boards.ie/discussion/comment/120804817#Comment_120804817

Bring it with you. New occupants will get a free one signing up and be stuck with your old one, most likely binning it.

Padre_Pio · 04-07-2023 05:16PM

https://www.boards.ie/discussion/comment/120804817#Comment_120804817

You can change address and (hopefully) get the same service.

I had an Eir contract when we moved and the new place wasn't fitted with FTTH so they downgraded my contract to something cheaper.

04-07-2023 06:19PM

Not sure if this is the right place for this but worth a try.

Considering moving house, have a decent amount of equity built up in the house but no real regular savings as such.

I assume the banks need to see regular savings regardless? the mortgage we would be taking would be maybe 50/70k more than our current one which is more than fine for our salaries anyway.

We would likely sell outs first to get the equity and stay with family for a couple of months if required.

thanks

VW 1 · 04-07-2023 06:23PM

https://www.boards.ie/discussion/comment/120805401#Comment_120805401

No, we moved with equity only.

Finally signed contracts to close both sale and purchase in two weeks, 6 months after putting the house up for sale! Delighted isn't the word. Lots of packing and organising to get done in the next two weeks.

04-07-2023 07:40PM

https://www.boards.ie/discussion/comment/120805419#Comment_120805419

Thanks for the response and congrats on the move.

If you don’t mind me asking what was the process then? Did you need a valuation first for the bank? Then proceed with a normal application until AIP?

We could sell first as we have somewhere to stay but if we could avoid it we obviously would.

drogon. · 04-07-2023 08:25PM

https://www.boards.ie/discussion/comment/120803555#Comment_120803555

Crazy price for the house, but assuming the price is on the land ?

VW 1 · 04-07-2023 09:32PM

https://www.boards.ie/discussion/comment/120805771#Comment_120805771

We'd dealt with a case manager from the bank before when we moved our mortgage to BOI and asked them what did we need to move as we had equity but not a 20% deposit in cash, what were the options. So she started the application process and no hassle. With BOI for reference.

05-07-2023 07:42AM

https://www.boards.ie/discussion/comment/120806303#Comment_120806303

Thanks for the information, I will get on to them this week and see if they can be of any help to us.

EchoEmber · 05-07-2023 07:53AM

Went sale agreed few weeks ago, we have an AIP from both BOI and AIB and both will be sending their pack to our solicitor. Our plan is to pick the lowest rate when we go to draw down, hopefully in a months time.

How does one handle the valuation at this point ? since both have a set list of valuers that one must use from. Our thinking was to get a valuation done for the cheapest rate at the moment, and closer to draw down get a valuation done for the other offer if it is the cheapest. Is this what people do ?

RedXIV · 05-07-2023 10:45AM

https://www.boards.ie/discussion/comment/120807076#Comment_120807076

we had to get a valuation from whichever bank we wanted to get the mortgage with, they then have a list of approved valuers for the spot in the country you are in. I don't know if you can shop around?

D n G · 05-07-2023 11:10AM

https://www.boards.ie/discussion/comment/119280556#Comment_119280556

1 year later and just wanted to say to those still in the throes of buying and selling that no matter the stress (and bloody hell, there was plenty of that to spare) and the anxiety, you will eventually come out the other end of it. We're now in our new home a year with all renovations finally completed. Would I do it again? A resounding no 😁

Cork2021 · 05-07-2023 02:27PM

UPDATE!!!

We went sake agreed this morning at €6k over asking which I’m happy about. Delighted to have finally got there… one stumbling block is the EA has asked for an €8k deposit we only have €5k we geared our savings towards having that amount! Now to find €3k under the couch

Elliee · 05-07-2023 04:08PM

Can anyone give me an idea of how long it's currently taking for funds from P.T.S.B. to hit solicitors account?

Solicitor reckons 7 working days, I don't not trust her I'm just absolutely dying to move and hoping it's quicker!

Thanks!

theboringfox · 05-07-2023 04:51PM

https://www.boards.ie/discussion/comment/120809288#Comment_120809288

Congrats. Great news. Weight off your shoulders no doubt

Cork2021 · 05-07-2023 04:53PM

https://www.boards.ie/discussion/comment/120810110#Comment_120810110

It is but the €8k deposit has thrown a spanner in the works, but we’ll get it sorted in some way or another

theboringfox · 05-07-2023 04:55PM

https://www.boards.ie/discussion/comment/120807076#Comment_120807076

I think with AIB you pay for valuation and they appoint one. BoI has a panel but i think you can pick which one and you arrange it. So maybe you could do aib first then maybe go with same valuer for boi and try and get discount from them. If you leave it too late you might unnerve vendor and their agent. Ive had call back before on house bid on with agent asking was I still interested as looking to move on as buyer dragging heels getting valuers and engineers in etc

EchoEmber · 05-07-2023 05:01PM

https://www.boards.ie/discussion/comment/120810132#Comment_120810132

Yeah talked to one guy that does it for both, he said you pay full price for the first and if required for the second - he can do it for a nominal fee.

But you're right, one needs to call AIB to get it organised, while BOI just gave me a list and asked me to contact them directly.

Some seem to do both structural and valuation report as well based on the list BOI gave me. Assuming one could get a better deal there too, if you ask one person to do both.

Aph2016 · 05-07-2023 08:53PM

How has everyone found the buying process once sale agreed, and vendor not in a chain? Is 10 - 12 weeks reasonable?

what_traffic · 05-07-2023 09:15PM

https://www.boards.ie/discussion/comment/120811033#Comment_120811033

Ya about right, I would say 12-14. Maybe add 2 weeks to factor in the various party's taking summer holidays, bought last summer and had one delay around start of August of about a week where vendors solicitor was OOO (no chain)

Aph2016 · 05-07-2023 09:33PM

Our solicitor received contracts and reviewed title/responded to vendor within 2 weeks from going sale agreed, been about a week since we've had a reply (as far as we know). I guess we'll need to manage our own expectations.

AH92 · 06-07-2023 08:11AM

https://www.boards.ie/discussion/comment/120811033#Comment_120811033

Yea sounds about right, we would've been in the house by now which would've taken 12 weeks but it fell through

If we're buying a house where the sellers are in a chain I presume it should be a longer wait?

Dante · 06-07-2023 09:29AM

https://www.boards.ie/discussion/comment/120811033#Comment_120811033

Took me 15 weeks from going sale agreed to getting the keys, and that was with me constantly badgering my solicitor.

Cork2021 · 06-07-2023 09:37AM

So what’s people’s experience of a triple chain.

so we’re sale agreed on our own home..

we’re now sale agreed on our next home

and

the owner of that house is sale agreed on the house they hope to move to!!

Elliee · 06-07-2023 02:49PM

We are in week 10, solicitor applied for funds yesterday. Set closing date for 13th, hopefully have the keys Thursday/Friday next wk.🤞

suvigirl · 06-07-2023 03:13PM

https://www.boards.ie/discussion/comment/120794420#Comment_120794420

Viewed it again and actively disliked it!

Estate agent was pushing me to offer, presume so they didn't have to go back to marketing it. I honestly wouldn't have even been happy to get it at asking price. 😁

RedXIV · 06-07-2023 04:23PM

third house in a row to go sale agreed on, third one to fall through.

Bank wouldn't give a mortgage because the well was on a separate piece of land, even with grants for right of way and access.

Bummed is not the word. I'm so tired of this crap

Ozvaldo · 06-07-2023 06:01PM

..

whatawaster · 07-07-2023 12:10PM

8 months after going on the market our house is sold.

Our purchase should go through later today (hopefully).

For a few hours at least I have several hundred grand in cash to my name.

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

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