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

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Comments

  • Registered Users, Registered Users 2 Posts: 23,999 ✭✭✭✭ted1


    houses I’m looking at were 785 last year now going for 950. Some location, same condition



  • Registered Users, Registered Users 2 Posts: 1,487 ✭✭✭herbalplants


    Just shows how broke the system is. Nobody earned extra 150k in the last year.

    Remember the shills only get paid when you react to them.



  • Registered Users, Registered Users 2 Posts: 23,999 ✭✭✭✭ted1


    I guess if you are selling you’d hope yours increased by the same.

    At that end of the money it crazy how much cash buyers there are , lots of rich Asians and Irish coming him from abroad with cash



  • Moderators, Regional Abroad Moderators Posts: 2,628 Mod ✭✭✭✭Nigel Fairservice


    Bought a new build last November. New phase is launching soon and the exact same house type we bought is going for €30,000 more than what we paid for it. This would be an hour and bit outside Dublin.



  • Registered Users, Registered Users 2 Posts: 1,487 ✭✭✭herbalplants


    Like what is the reason of adding 30k for the same house! It makes no sense only they are taking advantage of people desperation.

    Remember the shills only get paid when you react to them.



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  • Registered Users, Registered Users 2 Posts: 23,999 ✭✭✭✭ted1


    30k increase between phases has been standard since before 2000



  • Registered Users, Registered Users 2 Posts: 645 ✭✭✭J_1980


    construction costs. Tradies want to get paid from the liberal, white collar, left wing class. I’d act the same way. f them.



  • Registered Users, Registered Users 2 Posts: 584 ✭✭✭theboringfox


    There is great south park episode kinda covers this well



  • Registered Users, Registered Users 2 Posts: 481 ✭✭pale rider


    good advice, my son was sale agreed over 4 months when the seller went silent. Eventually had to get the deposit back, no explanation provided, you have as good an idea as I do what caused the change of heart but it’s not over until you get the keys, a very upsetting situation.



  • Registered Users, Registered Users 2 Posts: 1,802 ✭✭✭highgiant1985


    I'm moving into a new self build that we just finished which is the reason I'm selling.



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  • Registered Users, Registered Users 2 Posts: 65 ✭✭Crazy Davey




  • Registered Users, Registered Users 2 Posts: 23,999 ✭✭✭✭ted1


    sellers probably couldn’t find a place to buy.

    We’re looking in South Dublin and unless your house is sale agreed or on the market, you can’t make an offer on a house



  • Registered Users, Registered Users 2 Posts: 8,194 ✭✭✭youcancallmeal


    Not necessarily sale agreed in my experience in South Dublin but you'll certainly be down the pecking order if there is any kind of bidding competition on a property you're looking to buy



  • Registered Users, Registered Users 2 Posts: 481 ✭✭pale rider


    nothing, he was useless and disinterested.



  • Registered Users, Registered Users 2 Posts: 23,999 ✭✭✭✭ted1


    first viewing was today. 9 different parties., only went live on Wednesday


    What’s kind of numbers are you guys seen?



  • Registered Users, Registered Users 2 Posts: 22,065 ✭✭✭✭Osmosis Jones


    It took 9 months of pulling teeth with lenders, solicitors, and builders but my partner and I finally collected the keys to our first home yesterday



  • Registered Users, Registered Users 2 Posts: 322 ✭✭Hontou


    The surveyors report just came in for a house I am sale agreed on. The house was built in the 1980's. When I viewed the house, it just looked like it needed minor plastering, painting and flooring. Just surface diy. The report states there are leaks in 2 areas, one in the roof, but it is not clear where the source of the leaks are. The sale agreed price was on the assumption that only surface diy was needed. This price is well above asking, and there were other bidders. What kind of investigations and plumbing work could identify the source of the problem and is it reasonable to ask the seller to do this or do I just have to walk away as it is unclear how big the problem is / can become?



  • Registered Users, Registered Users 2 Posts: 584 ✭✭✭theboringfox


    That to me is reasonable thing to ask to be fixed. If there was no evidence of leaks at viewing then it is totally reasonable to expect that to be fixed. Thats the whole point of the survey. You are not asking for a new roof. Just the leaks to be fixed.



  • Registered Users, Registered Users 2 Posts: 692 ✭✭✭dashdoll


    Viewed an apt in South Dub yesterday, open viewing but genuinely around 50 people there. FML.



  • Registered Users, Registered Users 2 Posts: 167 ✭✭Luckylow10


    I just did this end of sep so it’s still fresh in my head.

    We were moving out of large 4 bed house, to another large 4 bed house about 25 mins away.

    It was so stressful I haven’t recovered yet. Honestly I’m still exhausted and I don’t ever want to move house again.

    The way we did it was firstly , I found out what bank our vendors and purchasers and solicitors were with as same bank mean immediate transfer.


    Secondly, my solicitor drew down our mortgage 2 weeks too early but that meant our funds were ready to go.


    For same day closing, our purchasers solicitor sent the money the evening before closing.the next morning the money was received and then we sent our funds as a same day transfer (before 12pm) to our vendors solicitor.


    the only hold up was our vendors solicitor not checking their bank account until 5pm.

    Luckily our vendors estate agent stayed open till after 6 so we could get our keys.


    Practicality wise, closing day looked like - getting the movers early morning 8am and leaving the house by 12. We sat in the car for 6 hours driving around and going to the park and cafe waiting for a phone call to say our keys are ready.

    The movers were charging by the hour since 8am so we ended up directing them to put all of our stuff in storage as we didn’t know if we would get the keys. We needed two 20ft containers. And 2 large moving vans to do 2 trips. It cost a fortune.

    We ended up getting the keys late that evening with no furniture. We slept on the floor with some blankets.

    The next day the movers were busy with other jobs so we didn’t get our stuff till about 10pm at night.

    My advice is to have backup plan for 1 night.

    We didn’t have a backup plan as we have pets and no family to stay with.

    HTH



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  • Registered Users, Registered Users 2 Posts: 977 ✭✭✭tgdaly


    Hi All, not sure if this is the right place to post this but just looking for some advice.

    Currently in the process of buying a house (terraced house) and had a private engineer in assessing. Their report showed up mostly minor things, but there was one item of concern they flagged: a crack in the ceiling in the service alley beneath the bedroom of the adjoining house. They have advised to "check that the source of the damage to the ceiling in the service alleyway has been rectified and, when satisfied, have it repaired, preferably in association with the owner of the adjacent property".

    I'm just wondering how much concern I should have (if any) as it doesn't seem to be anything to do with the house I am buying. If I was to address this, how would I go about it or what would I do? Will try to attach a picture here

    _20241119_170558.JPG


  • Registered Users, Registered Users 2 Posts: 4,885 ✭✭✭Roberto_gas


    not an expert but that looks like plaster crack due to leakage..I would not be too worried if house ticks all the boxes. But risk is it maybe more severe with damage all the way inside ur house. Worth getting someone look at it separately if allowed.



  • Registered Users, Registered Users 2 Posts: 322 ✭✭Hontou


    Is there any comeback to buyers that delay closing and in turn collapse the chain? We are sale agreed on our house sale for 5 months now. We agreed on a house purchase for over 2 months. Surveys completed on both. We delayed buying to ensure our money was almost 'in' from our sale to make us more attractive buyers. The sellers of the house we are purchasing agreed to sell to us on the condition all would be completed before Christmas. Our buyers will not be ready. We have no idea why. It looks like they pretended to be further on in their own sale than they were. So the chain has collapsed. We will lose the cost of our survey and solicitors fees. We were also renting rooms on our house for sale but that income is lost these past 6 months as the licensees were asked to leave for the sale.



  • Registered Users, Registered Users 2 Posts: 2,706 ✭✭✭Underground


    This might be a silly question and is partly related to something an earlier post said but anyway - does one typically get a surveyor in when buying a new build? Or is the snag alone deemed sufficient?

    I know the BCAR requirements are fairly stringent but is that enough to not have to worry about getting a surveyor in?



  • Registered Users, Registered Users 2 Posts: 57 ✭✭Ilongga


    We did this back in 2021. The solicitors of both parties will agree on dates to ensure the the sale of your house and the sale of the house you are buying will close on the same day. The smoothest way to do this is for you to pack up and store most of your stuff on temporary storage weeks before and book a hotel on same day (if finances allow). That way you are only packing your last essential stuff on the day, turnover the keys, get your new keys and avoid pressure of setting up beds in the new house before bedtime…. It’s expensive when factoring in the temporary storage cost and the 2x van/mover cost. But what’s the cost versus the overall cost of the transaction?



  • Registered Users, Registered Users 2 Posts: 290 ✭✭randomguy


    To report back…

    We were lucky that the vendors accepted our bid subject to our own sale, and we got our house up and sale agreed quickly over the summer. Closing date was fairly problematic.

    We have 2 small kids, and tried to sell and buy (closing both) on the same day. There was slippage from both the vendor (not having certs ready) and the purchaser (not having mortgage drawn down and funds ready). The closing date moved by 3 days in the end.

    When it moved from Monday to Tuesday, our original movers were no longer available. Our second movers said they could do Tuesday, but not Wednesday or Thursday. They packed up on Monday, arrived on Tuesday morning, loaded up the two big trucks (beds and everything) but by lunchtime it was clear that we couldn't close. The moving company were very clear that they had to unload the trucks that day.

    We were very very lucky - the vendors had already moved out, and through the estate agent they allowed us access to the house we were buying, despite not having closed, but only to allow us unload our stuff and "store" it in that house until we actually closed the purchase. Legally, they didn't have to do this, and I still don't know what we would have done if they had said no.

    Cut a long story short, we couldn't stay that night in the old house, since no beds etc, and we couldn't stay in the new house since we had not yet actually closed, so we stayed with relatives. Then on the following day we closed our old house sale, but didn't close our new house purchase, due to the funds not clearing in time, so we technically did not own any house, and again had a night with relatives. The following day we closed the purchase.

    Our solicitor was great at keeping both purchasers and vendors onside, but the pinch point was the movers, who were inflexible (understandably so). We really had to embrace the uncertainty for a few days, packing up trucks not knowing if we would get keys that day or not, and sending the kids to school in the morning and not knowing where we would be staying that night. All in all, do-able but very stressful.



  • Registered Users, Registered Users 2 Posts: 8,194 ✭✭✭youcancallmeal


    We have a similar selling and buying move coming up in January. Plan is to have 95% of stuff out of our house a few days before the closing date. It's going into a storage unit which we're getting next week so can start moving stuff in December and when we're off work over Christmas. Then 2/3 days before closing date move in with relatives, borrow a friends trailer, dismantle and move all beds and other bulky items into a second short term storage unit. Get keys on closing day and if we have time get the beds into the house or spend another night with relatives and move in the next day.

    We're lucky we have a friend with a trailer and relatives who will put up with us for a few days so we save the cost and potential hassle of dealing with moving companies. That's the plan anyway 😅



  • Registered Users, Registered Users 2 Posts: 3,914 ✭✭✭Rocket_GD


    Posting this reply sitting on my couch in my partner and I's first home.

    It was a very long and stressful process with planning permission rejection, being outbid more that I can even recall but we both couldn't be happier to have a place to call our own.



  • Registered Users, Registered Users 2 Posts: 1,487 ✭✭✭herbalplants


    Remember the shills only get paid when you react to them.



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  • Registered Users, Registered Users 2 Posts: 322 ✭✭Hontou


    What are people paying for standard surveys for average-sized houses, including VAT?



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