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

That sucks

Our contract with the agent gave a 12 month window. So any sale within 12 months and the commission would go to them.
I imagine it’d be standard.

Did they not check if the purchaser had funds

best of luck .

…..

You really need to diminish the time allotted to the buyers to sell their house on these agreement terms. The loss of selling opportunity is galling to say the least. 6 to 12 months waiting to see it fizzle out to nothing is big when viewed in terms of a lifetime.

I'm currently bidding on a house in Dublin 16. Bidding is done online and we can see the highest bidder. I'm currently the highest but I overheard another couple viewing the property saying that they will wait until the final day to start bidding again. Its going to be a very long 10 days. Its an ideal property for me.

that’s what we tend to do.

Just know your limit and don’t go above it.

Unbelievable a house in small town with limited employment is demanding 70 to 80k over asking price and increments of 10k. It just sums up the ponzi scheme is going on in this country regarding house prices. I would step out if I was your the family member.

Got A.I.P on a Friday, viewed a house on the Saturday and we went sale agreed the very next Friday at the end of January. There was a about a week of bidding, but the house was well within our budget and I was willing to go another 15k more than what we got it for. I based my max price on similar properties in the same estate, town, condition and my max price per SQm. Couldn't believe how easy everything fell into place after hearing some horror stories of people looking for a house to even bid on. The other half's best friend has been looking for 18 months!

Anyway, then the fun started.

We got a sales advice notice from the E.A and that was sent to all parties and we were advised by the EA that the seller's solicitor would send the contracts to ours. 4 weeks pass and not an update from anyone, never-mind a contract. We checked in with our own solicitor for them to chase the vendor's , and the vendor's solicitor (VS) said they were only waiting on a couple of documents from the seller, and the sales advice notice from the EA. The EA refuted this immediately and were quite pissed off (why wouldn't they send it to the vendor's solicitor when they had sent it to us tbf). So then we were like okay, it must be vendor delaying things. We asked our solicitor to find out what the VS were waiting on from the seller and radio silence. We'll give it another week.

We kept hounding the EA for an update on when we could expect a contract, and to be fair to them they appeared to be staying on top of things, ringing us back etc. but couldn't get a reason from the VS for the delay. Not once did our own solicitor provide us with an update unless we went looking for it, and anytime we did, they had nothing, only assumptions that it "might be the deeds the VS is waiting on". Perhaps pick up the phone and try and find out!

So all this time we are thinking it is the vendor delaying things, perhaps to suit the end of the school year or for whatever reason. Thing is, we meet the vendor, and they are pulling out their hair with their own solicitor. They've been sitting on their hands for 4 weeks with no updates for them. Ready to give up at this stage as something smelled off. Eventually we get told the contracts have been sent to our solicitor. Happy Days!

Anyway, we kept chasing our own solicitor to see if they had received anything and constant NO replies. So we're here scratching our heads to what is going on, who is lying, etc. Turns out after some Sherlock Holmes work on our and the E.A's behalf that the vendor's solicitor had sent the contracts to the "wrong" address, and our own solicitor , who "reviewed" the S.A.N (with their incorrect address shown on it) , never received it and it had gone to their pre- Covid office. (Post forwarding maybe????)

The point of my post is I really wish I had gone with my mortgage broker's recommendation of a solicitor. The man was out sick when I tried to onboard him and I just went with a local schmuck. The vendor did the same and we both regret it.

Get a mortgage broker (there is usually no cost to you), and go with one of their recommended solicitors, even if costs a bit more. They wouldn't recommend one that doesn't stay on top of things.

wondering does anyone know the answer to this question. Friends of mine are trading up and are keeping the house that they are in. They’ve said they won’t need to pay Capital gains on that house if they sell it within a year of moving into the new one? Is that true? I can’t see it anywhere?

thank you

no extra for parking. You do not get an allocated space as parking spaces are open to all residents. Once you pay your management fees, you can park anywhere in the complex.