Buying a house 2014

jbt90 · 27-04-2014 07:32PM #1

The time has come alot quicker than i thought and i am looking too buy a house as my parents have sold the house and i need somewhere within the next 4 months

First time buying but have lived on my own abroad.Just looking for some tips/checklist about purchasing

Budget of 200k

Looking at west Dublin as i'm working in that region(hopefully Castleknock)

Looking for a 2 bed house as I'm 24,single and don't plan on having a big family in the future

Any recommendations on what estates and also what i need to get the ball rolling besides having the mortgage approved

Cheers guys

Menas · 27-04-2014 07:35PM

Best advice is not to ask a serious question in afterhours.

wazky · 27-04-2014 07:38PM

"Buying a house?, sure that's dead money"

No Pants · 27-04-2014 07:39PM

OP opened a thread in the Accommodation & Property forum before he opened this thread, so I'm not sure what he's playing at.

dmc17 · 27-04-2014 07:41PM

OP, you need to start organising a housewarming party

Son Of A Vidic · 27-04-2014 07:47PM

jbt90 wrote: »

Buying a house 2014

Quick answer: Don't.

Long answer: Don't.

Kichote · 27-04-2014 07:48PM

buy a jetski and some decking while you're at it

Chucken · 27-04-2014 07:48PM

wazky wrote: »

"Buying a house?, sure that's dead money"

I thought renting was?

Can't keep up at all....

GenieOz · 27-04-2014 07:48PM

Renting is yer only option.
If there's one thing we should have learnt from the past 5 years it's that mortgages are a pile of shíte.

BBDBB · 27-04-2014 07:53PM

squatting man, its the only way to go

Sulla Felix · 27-04-2014 07:56PM

Have you considered kidnapping some children and living in a car with them for a few weeks? Might get put up in a hotel after that.

Stavros Murphy · 27-04-2014 08:07PM

I went to look over a house for a friend last week - I know houses. The property was a 4 bed detached asking 210k. Twas nice, so he offered the asking. The deeply, highly, utterly bored looking wan from the estate agents informed him it was at 220k with three bidders. He went to 250k eventually, three days later, and then dropped out when it went to 265k. That's bid up 55k in one week.... Hmm. Is property gaining legs again? I think it is..

The Backwards Man · 27-04-2014 08:10PM

I have a two bedroom house that is 'west' of Dublin. I'll sell it to you for a 150k cash. Tonight.

27-04-2014 08:15PM

Trigger Happy wrote: »

Best advice is not to ask a serious question in afterhours.

No Pants wrote: »

OP opened a thread in the Accommodation & Property forum before he opened this thread, so I'm not sure what he's playing at.

He was probably expecting an instant answer there, didn't get one so came here!
What he needs is a good answer not a quick one.

Quick answer is that the dead cat bounce still has a bit more altitude to gain before returning to the ground.

Stavros Murphy · 27-04-2014 08:15PM

The Backwards Man wrote: »

I have a two bedroom house that is 'west' of Dublin. I'll sell it to you for a 150k cash. Tonight.

Bargain. Probably. Kinda like a "Donegal Catch".

i.e, a bit fishy...

Custardpi · 27-04-2014 08:15PM

Bear in mind that there's a huge amount of costs associated with buying a house, outside of the mortgage itself. House insurance, maintenance costs, utilities, property tax etc all add to the outlay. When renting many of these are non existant or reduced, particularly if you're sharing with others. Are you also definitely sure you want to stay in the same place for the next 30 or so years? It's a huge commitment to make at your age.

Stavros Murphy · 27-04-2014 08:17PM

Custardpi wrote: »

Bear in mind that there's a huge amount of costs associated with buying a house, outside of the mortgage itself. House insurance, maintenance costs, utilities, property tax etc all add to the outlay. When renting many of these are non existant or reduced, particularly if you're sharing with others. Are you also definitely sure you want to stay in the same place for the next 30 or so years? It's a huge commitment to make at your age.

Mad as it sounds, but a lad in the pub told me you can sell them, then buy another, somewhere else..sounds plausible..

27-04-2014 08:20PM

Custardpi wrote: »

Bear in mind that there's a huge amount of costs associated with buying a house, outside of the mortgage itself. House insurance, maintenance costs, utilities, property tax etc all add to the outlay. When renting many of these are non existant or reduced, particularly if you're sharing with others. Are you also definitely sure you want to stay in the same place for the next 30 or so years? It's a huge commitment to make at your age.

I recently went to a reunion where many of us hadn't seen each other for at least 30 years and about half of my old friends were still living in the same area. Some still in the same houses they were in the 1970s.

Custardpi · 27-04-2014 08:20PM

Stavros Murphy wrote: »

Mad as it sounds, but a lad in the pub told me you can sell them, then buy another, somewhere else..sounds plausible..

Oh, absolutely. Because property prices only ever go up & you'll always have enough money to go a rung higher on the "property ladder". Oh, & interest rates are guaranteed to stay low, definitely.

Stavros Murphy · 27-04-2014 08:25PM

Custardpi wrote: »

Oh, absolutely. Because property prices only ever go up .

Pretty much.

You just need to think a bit longer term. And the rest is semantics.

dirtyden · 27-04-2014 08:27PM

Custardpi wrote: »

Oh, absolutely. Because property prices only ever go up & you'll always have enough money to go a rung higher on the "property ladder". Oh, & interest rates are guaranteed to stay low, definitely.

Would you believe rents actually go up also!!!

Chucken · 27-04-2014 08:28PM

I think as well as buying in Castleknock, he should buy an apartment somewhere nice as well. Like Bulgaria.

anncoates · 27-04-2014 08:32PM

Doubt you'll get much in Castkeknock for that.

Chucken · 27-04-2014 08:37PM

anncoates wrote: »

Doubt you'll get much in Castkeknock for that.

5 properties on Daft for his budget. 4 apts and 1 house.

Custardpi · 27-04-2014 08:37PM

Stavros Murphy wrote: »

Pretty much. You just need to think a bit longer term. And the rest is semantics.

In the long run we're all dead. And I was thinking longer term, which is why I mentioned 30 years. No one knows what way property prices are going to go in the short to medium term. In some areas of Dublin they probably will be buoyant, but even that's far from certain.

anncoates · 27-04-2014 08:40PM

Chucken wrote: »

5 properties on Daft for his budget. 4 apts and 1 house.

Was thinking houses, sorry.

What type of house is the one advertised.

jbt90 · 27-04-2014 08:40PM

The Backwards Man wrote: »

I have a two bedroom house that is 'west' of Dublin. I'll sell it to you for a 150k cash. Tonight.

I have 70k deposit will that do ?

Stavros Murphy · 27-04-2014 08:41PM

Custardpi wrote: »

In the long run we're all dead. And I was thinking longer term, which is why I mentioned 30 years. No one knows what way property prices are going to go in the short to medium term. In some areas of Dublin they probably will be buoyant, but even that's far from certain.

Somebody think of the children.

Chucken · 27-04-2014 08:42PM

anncoates wrote: »

Was thinking houses, sorry.

What type of house is the one advertised.

http://www.daft.ie/sales/riverwood-hall-castleknock-dublin/935543/

jbt90 · 27-04-2014 08:43PM

Deleted User wrote: »

I recently went to a reunion where many of us hadn't seen each other for at least 30 years and about half of my old friends were still living in the same area. Some still in the same houses they were in the 1970s.

Did you go to a special school?

Chucken · 27-04-2014 08:43PM

jbt90 wrote: »

I have 70k deposit will that do ?

Give me the 70k and you can live in my spare room

Buying a house 2014

Comments