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Why would previous owner do this?!

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Comments

  • #52
    the_syco
    Registered Users, Registered Users 2 Posts: 37,305 ✭✭✭✭the_syco


    ShadowHearth wrote: »
    I know I will be hunt down soon by antibuing army here
    I can't see them hunting you if you go for the sub 100k, to be fair.

    Some of the sub 100k places you see go would be sold for upwards of 200k in Dublin, and people will think it's a bargain because a) it was €550,000 (slight exaggeration) during the boom b) it's in X area.


  • #53
    MrThrifty
    Registered Users Posts: 491 ✭✭MrThrifty


    ShadowHearth wrote: »
    Hehe m8, but I think I might be not as lucky as I thought. EA said he will call me back today and say if the other side is happy. I offered a full asking price so I don't see why there is a problem... Still no sign of him.

    If I'll get all sorted I'll post or pm a few pics of it. It's not a mansion, but with some tidying it will make a great home for us ;).


    2 things. 1) Tell auctioneer you've found something else for less and are under pressure to bid on it if interested. Give no details but say that while you prefer the house he's selling, this other house is the next best thing and you don't want to lose out on both. 2) Careful with disclosing details of property as you don't own it till at least a deposit is paid to auctioneer but really till contracts are signed...


  • #54
    ShadowHearth
    Registered Users, Registered Users 2 Posts: 22,929 ✭✭✭✭ShadowHearth


    MrThrifty wrote: »
    2 things. 1) Tell auctioneer you've found something else for less and are under pressure to bid on it if interested. Give no details but say that while you prefer the house he's selling, this other house is the next best thing and you don't want to lose out on both. 2) Careful with disclosing details of property as you don't own it till at least a deposit is paid to auctioneer but really till contracts are signed...


    Cheers m8. We are sort of upset, but we wait till Monday. Then we just walk away if will try something. He was really good EA and I am shocked this is happening, I might Be just too bitchy now, but I expected a bit more attention then that after I said: I am buying this for full price...

    W still got 2.5 months to find property, and our savings only growing not going down, so I don't see bank refusing us In reapplying if we wont find something good in this time. We still tried only 1 auctioneer. We like that property, but if bid will g more then we want to pay we will walk away too.


  • #55
    up4it
    Closed Accounts Posts: 70 ✭✭up4it


    I think some of these EAs will soon be out of business with their lacksadaisical/incompetent approach to selling houses in the current market!


  • #56
    the_syco
    Registered Users, Registered Users 2 Posts: 37,305 ✭✭✭✭the_syco


    up4it wrote: »
    I think some of these EAs will soon be out of business with their lacksadaisical/incompetent approach to selling houses in the current market!
    As some may be taxed as "self-employed", I can see those having no choice but to stay in the business...


  • #57
    not even wrong
    Registered Users, Registered Users 2 Posts: 480 ✭✭not even wrong


    ShadowHearth wrote: »
    There is not much more room left to go down on 50-80k properties.
    Just because it's fallen by 50% doesn't mean it can't fall by another 50%.

    50% of a €50k property is €25k, I'm happy for you that you're doing so well that that is an insignificant amount of money for you.


  • #58
    ShadowHearth
    Registered Users, Registered Users 2 Posts: 22,929 ✭✭✭✭ShadowHearth


    not even wrong wrote: »
    Just because it's fallen by 50% doesn't mean it can't fall by another 50%.

    50% of a €50k property is €25k, I'm happy for you that you're doing so well that that is an insignificant amount of money for you.

    Rright if you expect a liveable house to cost 25k then you can join the deluded thread m8. They are there for different reasons, but you ca really fit in there.

    P.s I am looking for a home, not investment.


  • #59
    not even wrong
    Registered Users, Registered Users 2 Posts: 480 ✭✭not even wrong


    ShadowHearth wrote: »
    Rright if you expect a liveable house to cost 100k then you can join the deluded thread m8.
    Fixed that for you.

    Also the fact that you're looking for a home not an investment makes no difference -- you still don't want to pay over the odds. A loaf of bread is not an investment, but you'd still be pretty stupid to pay €100 for one.


  • #60
    ShadowHearth
    Registered Users, Registered Users 2 Posts: 22,929 ✭✭✭✭ShadowHearth


    not even wrong wrote: »
    Fixed that for you.

    Also the fact that you're looking for a home not an investment makes no difference -- you still don't want to pay over the odds. A loaf of bread is not an investment, but you'd still be pretty stupid to pay €100 for one.



    You want to tell me: 3/4 bed house in nice estate, in a small town that is not I'm the middle of nowhere, that you can move in tomorrow will cost less then brand mew ford focus.

    Damn you are good m8.


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  • #61
    not even wrong
    Registered Users, Registered Users 2 Posts: 480 ✭✭not even wrong


    ShadowHearth wrote: »
    You want to tell me: 3/4 bed house in nice estate, in a small town that is not I'm the middle of nowhere, that you can move in tomorrow will cost less then brand mew ford focus.

    Damn you are good m8.
    A Ford Focus? Try a house for the price of a liter of milk. Turns out high unemployment, depopulation, property taxation and mass foreclosures make many properties essentially worthless. It's just lucky we have none of those things happening or imminent in this country!


  • #62
    ShadowHearth
    Registered Users, Registered Users 2 Posts: 22,929 ✭✭✭✭ShadowHearth


    not even wrong wrote: »
    A Ford Focus? Try a house for the price of a liter of milk. Turns out high unemployment, depopulation, property taxation and mass foreclosures make many properties essentially worthless. It's just lucky we have none of those things happening or imminent in this country!

    Are you serious? I knew you will drop a link of Detroit, without even looking at it. Will just stop here m8. It's useless to continue this dabate and taking it so off topic.

    I wish you best of look m8.


  • #63
    up4it
    Closed Accounts Posts: 70 ✭✭up4it


    Not_Even_Wrong: That is a good link you put up about the Detroit property price crash. I recommend people to read it so here it is again...

    http://www.guardian.co.uk/business/2010/mar/02/detroit-homes-mortgage-foreclosures-80


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