Buying a house in Ireland is not an easy task and requires a certain determination – like reading Joyce’s Ulysses. The local market suffers from a chronic shortage of quality supply.
This leads not only to an increase in prices (from 2013 to 2020, the average price tag rose by 83%), but also to intense competition between potential buyers.
The sale of houses is often carried out through auctions – both official and unofficial. The owner has the right to sell the object to those applicants who are willing to offer a higher price. All other interested parties will simply be notified about this and offered to raise the bar.
Sometimes unscrupulous agents simulate the presence of alternative demand. Having succumbed to this provocative trick, buyers agree to pay a much larger amount than originally agreed.
Often in Ireland, agents behave like creatures from Celtic folklore. They can really help, but only if you behave with them carefully and persistently. So, agents are not required to provide information about any shortcomings of the object, unless they are asked a specific question (preferably in writing).
Developers are also not averse to cashing in on inexperienced outsider buyers. It is not uncommon for housing to be sold with unfinished floors or for future tenants to try to impose obligations on the purchase of materials and equipment from partner organizations.
Therefore, buyers are advised to safely delete from the receipt all positions for which they can find more attractive or cost-effective solutions. This will reduce not only the cost of the lot, but also the size of the mortgage payment.
