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

That’s it, we need to be out first before funds can be sent for the rest of the deposit. It’s awkward but a lot of people would be on the same boat I’d imagine. Lucky I’ve the in laws to move into for a few weeks

Are the appliances included, or just the built-in space for them?

Your builder will have those details. Generally, they'll have a single style and you have no choice, or they'll give you an allowance for items.

Yep they do 90% mortgages. For FTBs anyway not sure on second time buyers. Have found them generally quite quick also. Defo worth a look. Think their lowest fixed rate is around 3.75 or 3.8 at the minute which is pretty good comparatively. The CCPC website has a good mortgage comparison tool to check your options, reliable and up to date etc.

Currently bidding on a 4 bed property in Athgarvan that needs minimum of 70k of work done. Original asking 310k with the current bid at 430k (with more expected).

That to us is insane and seems to be a frenzy level of bidding war so we are now thinking of just sitting and watching the market for next 12 months or so.

No should not be required at all if pack has been sent and everything is moving along, if there was some unusual hold up taking months and months then perhaps they may ask again, end of year/new year but would not see any need if you would be drawing down End of September.

That’s what I thought. No need for more checks just sign away. Hopefully there’s no more rate hikes!!

Co. Kildare right. That is insane. Bidding is insane.

I totally agree with you. Go with your gut instinct.

Prices around Maynooth and Celbridge are eye-watering, but a lot of vendors are expecting more than what their properties are realistically worth.

Some panic bidding is definitely occurring also, no doubt about that. This is leading to purchasers bidding on several properties at once in an attempt to secure a home, also pushing prices up for everyone.

Viewed in Leixlip yesterday, average 3bed semi, fixer upper, asking price 449, 000. Auctioneer told us that this house was back on the market again, after two previous bidders were outbidding each other with funds they didn't actually have. Bidding went over the 500 000, but neither bidder were able to carry their offer through.

Bidding went up to 460 000 in a matter of minutes. I placed a bit of 465 000, have no mortgage, ready to close the sale on my own house. Vendor went with the 460 000 bid, as FTBs, and ready to move in now. Wouldn't wait for us to close the sale on our own home. Our solicitor advised us against signing over our own home until we have at least gone SA on a property for ourselves.

Maybe the best thing for us is to close the sale on our house now. The purchasers in fairness are very patient thus far.

You bought a new build from the council? Is it one of the affordable schemes?

Looks like we’ll have to pull out of our purchase!! I’ve been chasing for 10 days the Vendors EA and solicitor without an answer, but got one today. The vendors purchase of a new home(sale agreed before we went sale agreed on their property) has fallen through today! 6 weeks after the sales advice notice went to my solicitor. The vendor then asks can we hold on!! We’ve people wanting to buy our place since the start of June!

my questions tomorrow when the EA rings me. How long has the vendor known of this issue.. why wasn’t I informed immediately and are we being taken for a ride!

this house started out at €400k

reduced all the way down to €349k until we bid they accepted €355k when a historic bidder bid against us to €349k.

im just not trusting anyone!

We were thinking of asking our purchasers to extend out a small bit more. They’re in a good position where they need to give notice to the landlord. Now they won’t give notice until we sign the contracts to sell.

on a separate note are all EA terrible communicators?

Update, EA got back to me, we had a good chat, explained the vendors new purchase fell through about 10 days ago. Notified EA Friday by email. They’re viewing 3 houses this week and one is with the EA she’s selling her house with. He was saying she’s 100% wanting out and wants to sell. Said he’s optimistic about tomorrow’s viewing with the vendor. It’s eased pressure for us in terms of that but the sale of ours I don’t know how long I can put it off for

We found that the EAs were 50% more interested in you as a buyer when your house is sale agreed and 100% more interested in you when you have gone sale agreed.

Its better to have yours sold and done so you can go in saying you are waiting in nothing. Gives you a huge advantage. But its a hard and squeeky bum thing to do.

Currently bidding on a house and near my max.

I always planned on setting €10k aside for furnishing and minor repairs and I am really conflicted over dipping into that to get sale agreed.