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

personally,(unless strongly advised by the surveyor), I wouldn’t get anymore surveys done. It is very costly and if the sale falls through you would be down thousands.

I’ve just accepted buying second hand has its risks, more than likely work/maintenance will be required.

One decent engineer surveyor will be able to tell ya if ya really need anything on that list to be double checked by electrician/plumber etc

Surveyors are liable for anything they miss, and they can only see/survey so much without drilling into walls etc. So I think its more than likely him/her covering themselves.

Give them a call; they'll tell you over the phone whether they saw anything in partcicular that prompted them to include those items in the survey, or whether they've been included as a matter of course.

Good luck!

In the process of buying a new build house. My solicitors have flagged that the vendor is not the registered owner of the land but is the beneficial owner.

They’re seeking an undertaking from the vendor solicitor that the developer’s land registry dealing be completed as the transfer to the vendor has not fully completed yet. Right now all we’ve got is that they will use “reasonable endeavours” to complete same, as opposed to an undertaking.

This seems an issue to me as I’m not sure how the vendor would be able to pass on title to me if they are not the registered owner of the land.

Has anyone else come across this? If so, did you accept “reasonable endeavours” or did you look for an undertaking that registration would be complete? Thanks.

Hi, 2 years ago myself and my partner had bought a property using the Local Authority Home loan. 
my question is can we sell the property? Is there any penalties? Has anyone tried selling after buying using Local Authority Home Loan from the county council. 

Thanks 

Prob saw this too late but 'subject to loan approval' is standard. We completed a sale this year and that was pretty much the only stipulation solicitor had.

https://www.daft.ie/for-sale/house-8-castleview-place-swords-swords-co-dublin/5808736

What would people be realistically willing to pay for this?

2 bed mid terraced with converted attic, south facing back garden.

The market has gone absolutely crazy past several months. Add 10 to 15% to each starting price. Value for money has reached a new low.

I would say adding on 10% is on the low side. A lot of 3 beds I've been bidding on in Galway have been going for over 20% over. One 4 bed went 35% over asking.

There is another 3 bed that I know the owner wants 400k for, but it is listed at 350k asking. The owners have told a few lies about the property (local knowledge) so we pulled out early so I don't know what the current offer is on that, but I imagine they will be expecting an extra 15%.

€646k for a 2 bed seems absolutely insane. I assume it was in the nicer part of D14 around Butterfield Avenue or somewhere near there? Still absolutely mad price regardless.

Yes nothing is worth the money they are asking for. People are paying for overpriced houses out of desperation.

We recently signed contracts on a new build that’ll be ready early next year. We are using help to buy. When does the developer redeem the HTB from revenue? If it’s when the sale is closed early next year, we’ll have to reapply but it’ll also mean we’re entitled to a higher amount.

Not particularly common in Ireland. Usually only when bidding has been really drawn out (500 and 1k increments will do that).

Theres no right answer. It’s guesswork and the conundrum you face is exactly what the seller is seeking to create.

Only advice id have is, if you really want the house, in 2 years you will barely remember what you paid for it and definitely won’t care than you could potentially have got it for a few k less. If you go low and miss out against a price you’d be happy to pay, you could regret that for a long time. All depends how badly you want it.

A house in estate i bought is 70k above asking in a week of listing and 85k above what i paid 4 months back ! Although it’s probably 40k extra based on condition. 4bed duplex