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

Milena009

We are dealing with super speedy EA as well.

House on Market on Thursday, first viewing Sunday
Tentative Sale agreed following Thursday, last viewing Saturday

Sales Advance Notice sent to us yesterday evening.
Solicitor engaged, broker aware of Sale agreed.

Can I ask the EA to mark property sale agreed on DAFT?
Would they possibly say no?

Thank you

ionapaul

Yes, you can ask the EA to do that, and I think it's always a good idea from a buyer's point of view, reduces the chances of being gazumped.

scamalert

Milena009 wrote: »

We are dealing with super speedy EA as well.

House on Market on Thursday, first viewing Sunday
Tentative Sale agreed following Thursday, last viewing Saturday

Sales Advance Notice sent to us yesterday evening.
Solicitor engaged, broker aware of Sale agreed.

Can I ask the EA to mark property sale agreed on DAFT?
Would they possibly say no?

Thank you

im finding this issue quite stupid where houses are either not marked at all, at the moment and only after contacting EA to be told sale agreed, on probably few dozen properties, how hard is it for them to mark it off sale agreed, as some would have em listed on more then one website and its total headache once you think you found smth and just waste time, by calling, as most of them are doing very little with lvl5 restrictions in place so youd imagine they would cross off ones, but seems most prob use it as advertising their services or whatever dumb reason, maybe not much to be put on .

kippy

Milena009 wrote: »

We are dealing with super speedy EA as well.

House on Market on Thursday, first viewing Sunday
Tentative Sale agreed following Thursday, last viewing Saturday

Sales Advance Notice sent to us yesterday evening.
Solicitor engaged, broker aware of Sale agreed.

Can I ask the EA to mark property sale agreed on DAFT?
Would they possibly say no?

Thank you

Yes, the EA may say they cannot put Sale Agreed on it till the contract is signed - I have seen it recently.

You should ask them to though and see what they come back with.

jimmytwotimes 2013

AIP emailed today, 8th working day since docs were sent off by mortgage specialist with BOI.

Engineer next on place we're looking to buy. Our own gone sale agreed 3 wks ago, trying to time it all together.

CornettoQueen

AIP on 15th Feb
Sale agreed on 5th March
Valuer in today

Ticking over at the moment.

VegetaIRL8e

Now 5 months into waiting for a Letter of Consent from the sellers bank.
Starting to feel very disillusioned and nervous.

kippy

VegetaIRL8e wrote: »

Now 5 months into waiting for a Letter of Consent from the sellers bank.
Starting to feel very disillusioned and nervous.

Once there are debt resolution issues in play in the background things can get hairy and delayed a lot unfortunately. And you have absolutely not control or visibility on what is going on either, which is worse again.

KBH2020

Myself and my partner are currently looking in the South Dublin area and it's a nightmare! Our budget this time last year would have been more than enough and now we are left crossing our fingers hoping things improve slightly as restrictions ease.

I noticed a few of ye mentioned viewing houses and this seems to be before going sale agreed? how are you managing this?! Any tips?? Are you knocking on the sellers door? Every time we express interest in a property we are sent a link to a virtual viewing and told if we would like to put in an offer to let them know but we just find ourselves unenthused after the online viewing. We have yet to view one house and have AIP since early Feb (we have an exemption and don't want to lose it if we have to renew AIP). It is so disheartening

dubal

KBH2020 wrote: »

Myself and my partner are currently looking in the South Dublin area and it's a nightmare! Our budget this time last year would have been more than enough and now we are left crossing our fingers hoping things improve slightly as restrictions ease.

I noticed a few of ye mentioned viewing houses and this seems to be before going sale agreed? how are you managing this?! Any tips?? Are you knocking on the sellers door? Every time we express interest in a property we are sent a link to a virtual viewing and told if we would like to put in an offer to let them know but we just find ourselves unenthused after the online viewing. We have yet to view one house and have AIP since early Feb (we have an exemption and don't want to lose it if we have to renew AIP). It is so disheartening

It's the new reality, and being against it in principal doesn't work.

Bidding with virtual viewing is the new norm, the system is really flawed, the only restriction on being sale agreed on multiple properties is having enough booking deposits.

Dubal

Bitconfused

Aisling(",) wrote: »

It's with KBC. We went through a broker. It's 4.2 times our basic wages. We could show that we would have over 2k left in our account after the mortgage repayments each month and I think that's what swung it.

I don't know for sure because I haven't contacted the bank directly. We also have no loans or dependants and our jobs aren't impacted by covid.

Ok, it looks like i will be a good candidate for an exception with BOI. I've heard that banks will look for an address that you are bidding on. Was this the case with kbc? for example if you went for a different property would the exception be applicable or would you have to speak to the bank again?

Treppen

dubal wrote: »

It's the new reality, and being against it in principal doesn't work.



Dubal

It might work if there's more to come down the line and you have some time .. maybe a lot of time!

ebayissues

I'm suprised exceptions are still being given. It just adds fuel to the fire of irrational sale agreed prices.

JimmyWank

JimmyVik wrote: »

There is a site with about 15 houses in various states of completeness up to about 60% near where I live in Dublin.
They havent moved at all since the first lockdown.

I just found out why. The builder has gone into receivership.
There are people who have paid substantial deposits on these houses. I hope they get their money back.

This is just fear mongering and spreading lies. If this isn't public information, there is no way an average jimmy would get to when and if the private company is going into receivership. No source to back this and lame excuses to not share any more information further proves the point that this person is just trying to fabricate something that doesn't exist.

cnocbui

JimmyWank wrote: »

This is just fear mongering and spreading lies. If this isn't public information, there is no way an average jimmy would get to when and if the private company is going into receivership. No source to back this and lame excuses to not share any more information further proves the point that this person is just trying to fabricate something that doesn't exist.

You created a new account just for that? Pathetic.

JimmyWank

cnocbui wrote: »

You created a new account just for that? Pathetic.

Since when was calling out a lie considered pathetic. Why are you upset that that a lie was called out in public? This thread is for people buying or selling and the OP isn't doing either. Just spreading lies to get god knows what validation. Pathetic indeed.

cnocbui

JimmyWank wrote: »

Since when was calling out a lie considered pathetic. Why are you upset that that a lie was called out in public? This thread is for people buying or selling and the OP isn't doing either. Just spreading lies to get god knows what validation. Pathetic indeed.

You are in no position to determine whether it was a lie or not.

JimmyWank

cnocbui wrote: »

You are in no position to determine whether it was a lie or not.

What else would your logical person conclude from random blabbering with lame excuses to not share something that can prove its true. And the fact that they shouldn't be posting in a thread meant for people buying & selling while they are not

VegetaIRL8e

kippy wrote: »

Once there are debt resolution issues in play in the background things can get hairy and delayed a lot unfortunately. And you have absolutely not control or visibility on what is going on either, which is worse again.

Its horrible to be honest and I would now recommend against it, but I'm in it for the long run at this stage and it does sound like its nearly the end piece, but the waiting is killer.

0gac3yjefb5sv7

Will this new affordable housing scheme push new build prices even further up by nearly 30pc?

Thomasirl123

MattS1 wrote: »

Will this new affordable housing scheme push new build prices even further up by nearly 30pc?

I don't see why not. Is there anything that actually works in the favour of FTBs? Except for the 10% deposit I can't think of anything

cousin_borat

cousin_borat wrote: »

Still no contracts from the sellers solicitor. Since last week the sellers solicitor has the KPMG/IBRC contact who can arrange filing of the eDischarge. Therefore the sellers solicitor could issue contracts with a legitimate undertaking he can sort out the deeds issue (as described above).

We've made it clear we'll accommodate whatever closing date needed by the sellers to finalise the purchase on their new home.

We put our position to the EA yesterday morning, who called the seller and left a VM. No response by the seller to their EA yet.

If this goes on much longer, we'll feel more like we're being strung along by the seller...

Finally some white smoke re contracts. Our solicitor says he expects to receive on Thursday or Friday. Hopefully it will be a case of prolonged inactivity and things happen quickly now.

We need to make final decision on EBS, ICS or CU (EBS and CU fully underwritten and bank surveys completed) and make sure all’s in order.

pleh

Thomasirl123 wrote: »

I don't see why not. Is there anything that actually works in the favour of FTBs? Except for the 10% deposit I can't think of anything

Ftb not being in a chain is a big advantage

byron55

KBH2020 wrote: »

Myself and my partner are currently looking in the South Dublin area and it's a nightmare! Our budget this time last year would have been more than enough and now we are left crossing our fingers hoping things improve slightly as restrictions ease.

I noticed a few of ye mentioned viewing houses and this seems to be before going sale agreed? how are you managing this?! Any tips?? Are you knocking on the sellers door? Every time we express interest in a property we are sent a link to a virtual viewing and told if we would like to put in an offer to let them know but we just find ourselves unenthused after the online viewing. We have yet to view one house and have AIP since early Feb (we have an exemption and don't want to lose it if we have to renew AIP). It is so disheartening

I agree with the lack of enthusiasm for the virtual viewings. Had our first one last week for a house we really liked but after watching the video we didn't feel any more knowledgeable about the property, and also a bit deflated about the whole process, so didn't rush in with a bid. I know the deposit is refundable but the whole rigmarole was off-putting - with this agent, we would have had to pay surveyor to view the house (after we paid deposit) before we were then allowed to go see it ourselves. Not sure if that's the widespread practice. I guess it works for the agents - that level of effort before you set foot in the property means we will likely only proceed with a place we're crazy about from the pictures.

House went sale agreed the following day though, so it's working for some. I did speak to the estate agent, who sounded equally fed up with the whole virtual process, and confirmed they will be ditching it once restrictions ease, so that's good to hear.

JimmyVik

byron55 wrote: »

I agree with the lack of enthusiasm for the virtual viewings. Had our first one last week for a house we really liked but after watching the video we didn't feel any more knowledgeable about the property, and also a bit deflated about the whole process, so didn't rush in with a bid. I know the deposit is refundable but the whole rigmarole was off-putting - with this agent, we would have had to pay surveyor to view the house (after we paid deposit) before we were then allowed to go see it ourselves. Not sure if that's the widespread practice. I guess it works for the agents - that level of effort before you set foot in the property means we will likely only proceed with a place we're crazy about from the pictures.

House went sale agreed the following day though, so it's working for some. I did speak to the estate agent, who sounded equally fed up with the whole virtual process, and confirmed they will be ditching it once restrictions ease, so that's good to hear.

Im thinking a lot of people are going sale agreed by viewing online, but in the back of each of their minds is that they will view before buying and will easily pull out at that stage if something they dont like crops up on viewing.

Markitron

JimmyVik wrote: »

Im thinking a lot of people are going sale agreed by viewing online, but in the back of each of their minds is that they will view before buying and will easily pull out at that stage if something they dont like crops up on viewing.

This is what I was thinking too, I was even considering this but luckily I was able to avoid these restrictions by a matter of hours.

K.Hawksworth

The one change EAs have brought in since covid where proof of funds is required before viewing is something I actually agree with.

Markitron

K.Hawksworth wrote: »

The one change EAs have brought in since covid where proof of funds is required before viewing is something I actually agree with.

I would broadly agree with this as well, but asking for non-redacted AIP that shows your approved budget is well out of order. Any EA asking for that is taking advantage.

Reins

JimmyVik wrote: »

Im thinking a lot of people are going sale agreed by viewing online, but in the back of each of their minds is that they will view before buying and will easily pull out at that stage if something they dont like crops up on viewing.

Was chatting to an estate agent yesterday - said there's a lot coming back to them ie sale agreed falling through.

This online bidding is only helping to inflate prices and then highest bidder only used it to get first refusal.

byron55

malistheman wrote: »

Was this Quilsen - saw that on one of their emails and decided I wouldn't be going further with them.

No, SherryFitz. Seems each agency has different procedures. Funds evidence was also needed in order to bid but we didn't get that far so not sure if our redacted version would have been deemed acceptable.