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

In the same situation but a different part of the country! You can ask but no obligation for them to tell you. If they are decent I would imagine they would tell you. The vast majority I have dealt with are all reasonable, just always be mindful that they obviously work for the seller so trying to get them the best price.

Agree, majority of EA don't want to be wasting your time if they know you are genuine, had two cases where auctioneers(locals) told me that we were bidding against cash buyer and that a seller was more keen on them but it can also happen that they play you.

Had a case of that March 2022, viewed a house very close to where I lived a couple of mins walk.

It had an asking that was close to our budget limit(we could go over asking by about 15k) and based on condition and location of house thought it would go well over that.

Sign was up for a number of weeks, we would walk by it 2/3 a times a week. Decided to ring EA after about 8 weeks after seeing an Under Offer sign on sign outside the house . Had been bidding on a house with same Agency(has a national profile) the summer of 2021.

Only one offer had been placed on it, that was placed about 6 weeks prior and it was 30k below. Told the EA our situation, our house we were in that was nearby was in the process of been sold, AIP letter for a mortgage that was about 50% of the asking. We decided to put in an offer that was 20k below asking. About 2 hours later get a call saying the asking price had been met by the previous bidder and that they were a cash buyer and then hinted that seller was more keen on them.

So in my mind the EA played us in the above scenario to get 30 k more off the cash buyer. Checked property register 6 months later and that Offer of the Asking Price was the Sale price listed.

If I had known prior that we were bidding against a cash buyer we would not have put in offer.

Had experience in Dec 2021 of that when we were underbid in the end by a cash buyer but the local EA had always been straight up with me during the bidding whenever this Cash Buyer put in a bid.

Congrats. Looks like a great house for that money.

I think that would very much rock the boat.

It's perfectly normal to renegotiate the price based on adverse findings on a survey for example, but why would they agree to renegotiate? They didn't agree to sell you their house based on you achieving a certain sales price for your own.

I would imagine, depending on their circumstances, they will refuse to even open negotiations. (Unless they are desperate to get the sale over the line, and/or there was not a lot of interest in the house initially)

Amazing, congratulations! Will need a ride on for that garden 🤣

Absolutely brilliant news!!

the weight must be gone off your shoulders now, congratulations!!

Congratulations 🎊

Got mortgage approval from BOI today, still waiting on EBS and Avant.

Boi took 4 weeks and 1 week to AIP from documents being sent to the underwriter

id say get it done now, pay a month if you have to !

home insurance i would have it set to kick in on whatever dated suits you for a direct debit if you are paying that way.

Presumably, you would have to take out mortgage protection/life insurance for 1 extra year? Otherwise, when drawdown time comes, your mortgage might be for 30 years, but there are only 29 years and 10 months left on the insurance policy

my broker sorted that and yes it has 31 years on the policy

This is a question that will have an answer of .. how long is a piece of string.. but I’ll ask anyway.

has anyone here done a remodel and retrofit of a 1970’s detached home? It’s BER for what it’s worth is a D2. ???

i think we’ve found the house we’d like to buy but needs work to modernise it, but it is habitable.

needs a new kitchen with the possibility of knocking a wall or two to more open plan. Attached garage and workshop so no planning needed..

rest of downstairs is cosmetic like new floors and paint.

upstairs, there’s 4 big double rooms, a hot press and a small family bathroom. Id probably like to shrink one of the rooms to do a bigger family bathroom and an en-suite.. mainly the rest Is cosmetic floors painting new wardrobes…

We had same situation with our house only being partially built but needing a valuation.

We asked out builder is ok to get valuation carried out and he said no problem.

Valuer gets idea of the property & carries out final inspection when house is fully completed to make sure he is happy all is above board.

It sure is.

We were bidding on 2 houses -

House 1 - us vs a cash buyer (both well above any 3rd bidder). House ended up going for €40k over asking to the cash buyer.

House 2 - us vs a cash buyer. Cash buyer won out, at €60k over asking.

Estate agent for House 1 got on to us about a week later, saying that the cash buyer had pulled out. Turns out that it was the same cash buyer bidding on both properties.

We got the house we wanted and so did they, but they drove the price of both houses up by about 10%. So nobody wins when people throw cash around like that.

Did you not also drive the price up? You were both bidding on two houses going by your post.