Welcome! Whether you're dipping your toes into the property market for the first time or are a seasoned property trading expert, selling a property can be a multifaceted and emotional journey. In this blog, we strive to equip you with invaluable insights, tips, and savvy strategies, helping you navigate the world of property selling and buying with confidence - particularly for those working with auctioneers and estate agents in Leitrim, Roscommon, and Longford.
From accurately pricing your property to staging it for sale, from adeptly negotiating with potential buyers to reaching the closing handshake, our team of professional auctioneers and valuers share their profound expertise and hands-on experience, aiming to guide you towards a successful sale.
So whether you're aspiring to sell your home, looking to divest an investment property, or exploring the commercial real estate landscape, sit back, relax, and let's embark on the journey of property selling with the trusted auctioneers in Leitrim, Roscommon, and Longford together!
Embrace the Upper Shannon with a self-drive boat cruise
As leading estate agents and auctioneers in Carrick-on-Shannon, we at Cox and Walsh understand the allure of our vibrant town. Established as Ireland's cruising center, Carrick-on-Shannon's landscapes have remained timeless since Carrickcraft opened its first Marina here in 1970.
Carrick-on-Shannon Marina: A bustling hub
The local Carrick-on-Shannon marina station, a stone's throw away from tempting property opportunities, teems with cruisers and diverse crews ready for their waterway adventures. The town itself offers a rich array of provisions, pubs, and restaurants that draw both residents and visitors.
Are you looking for a new home in this lively area? Contact our estate agents in Carrick-on-Shannon. Interested in selling? Our auctioneers in Carrick-on-Shannon are here to assist you. We have devised helpful resources for buying property and selling property in Carrick on Shannon.
Experience the Upper Shannon with Carrickcraft & Emerald Star cruisers
The Upper Shannon from Tarmonbarry to Rooskey, and from Dromod to Carrcik on Shannon is a lively section of the river, where time seems to have stood still for 50 years. Here are some highlights:
Shannon and Erne: Unveiling Ireland's Heart
The River Shannon defines central Ireland. Its fishing, superb golfing, quaint villages, medieval churches, and lively pubs are a testament to the region's charm. As auctioneers in Carrick-on-Shannon, we're here to help you find your slice of this paradise.
Conclusion: Your adventure begins with Cox and Walsh Auctioneers
Carrick-on-Shannon is more than just a boating destination; it's a thriving community and a place to call home. Whether you're setting sail on a self-drive boat or seeking the perfect property, our team of estate agents and auctioneers in Carrick-on-Shannon are here to guide your journey.
Contact Cox and Walsh today to explore property opportunities or to learn more about the vibrant local life that could be a part of your next adventure.
Cox & Walsh Estate Agents: High Demand Sparks Urgent Call for Properties Across Roscommon, Longford, and Leitrim
Cox & Walsh Estate Agents, based in Dromod, Co Leitrim, an up-and-coming name in the local property market, is celebrating a remarkable start to the year with unprecedented demand from eager buyers across the region. As the buzz in the market continues, the firm is urgently calling on property owners to seize this opportune moment and get in touch with them.
The surge in demand has left hundreds of prospective buyers feeling disheartened as they hunt for their dream properties. In particular, there is an insatiable appetite for renovation projects, houses in need of modernisation, and even derelict properties. Homebuyers are keen on turning these hidden gems into their ideal abode.
Turnkey properties have been flying off the shelves in recent months, almost selling out, with qualified buyers ready to take the plunge. Cox & Walsh Estate Agents extend a direct appeal to property owners considering selling their properties: "Now is the time to act!"
To connect with the eager pool of buyers, property owners can reach out to Cox & Walsh Estate Agents via phone at 0719658600 or through email at email@example.com. The team stands ready to facilitate seamless transactions for both sellers and buyers alike.
Adrian Cox, Partner with responsibility for Client Relations at Cox and Walsh spoke enthusiastically on the topic: "The business community is equally active in the Shannonside region. Entrepreneurs and investors are seeking opportunities in the hospitality, retail, and industrial sectors."
"The region is brimming with potential, and properties suited for commercial ventures are in high demand."
As the property market continues to thrive, Cox & Walsh Estate Agents invites all property owners to capitalize on the prevailing enthusiasm. Whether it's a renovation project, a turnkey property, or a commercial opportunity, this is the time to make the most of the market's fervour.
Are you looking for distinguished auctioneers in Roscommon, Longford, or Leitrim? Cox & Walsh, known for offering a unique blend of properties that encapsulate history, comfort, and scenic beauty, have a real gem on their hands. This time, we're introducing the market to a former Master's house, positioned conveniently adjacent to Ballyfeeney school. This property, an elevated site, is a treasure trove of potential waiting to be explored.
Situated in the serene setting of rural country living, the property's location next to Ballyfeeney NS is just the start of its many attractions. The country charm of Ballyfeeney, combined with the distinct appeal of this property, makes it a potential dream home for those who appreciate the tranquility and rustic charm of countryside living.
As seasoned estate agents in Roscommon, we understand the importance of location. This property is just a 5-minute drive away from the neighboring villages of Rooskey, Tarmonbarry, and Strokestown. These quaint villages, particularly Rooskey and Tarmonbarry resting on the banks of the tranquil River Shannon, offer a range of amenities. From inviting public houses and appetizing eateries to essential petrol stations and national schools, all conveniences are within an arm's reach. Additionally, these villages offer handy bus and rail links, ensuring hassle-free transportation.
Strokestown, the home of the National Famine Museum, boasts fantastic transport links, schools, shops, a variety of restaurants, and vibrant bars. As experienced auctioneers in Leitrim, Roscommon, and Longford, we know that such amenities add great value to a property's location.
A true highlight of this property's location is the magnificent view of Kilglass Lake. This stunning lake, surrounded by rolling hills, lush forests, and the beautiful Irish countryside, provides an inspiring backdrop for the property. Whether you want to take a leisurely stroll along the lake's banks, embark on a boat ride, or indulge in fishing, the beauty of Kilglass Lake is an endless source of inspiration.
The property, although requiring a full renovation, holds immense potential. Here is a unique opportunity to create your bespoke living space amidst a stunning rural setting, combining the charm of the countryside with modern conveniences.
As trusted auctioneers in Longford, Roscommon, and Leitrim, we strongly advise arranging a viewing to fully understand the potential this property holds. With viewings available 7 days a week, feel free to contact Adrian at 0878394400, TP at 087 7691518, or our office at 0719658600 to schedule yours. Unearth the potential of this hidden gem in Ballyfeeney and take the first step towards creating your dream countryside home.
This stunning, semi-detached property, newly introduced to the market, is nestled in the highly desirable locale of Frenchpark Village. It boasts a high-quality finish, complemented by mature, well-manicured lawns both front and rear. The property resides on a peaceful cul-de-sac and is within a few minutes' walk from all amenities in the village.
Outside the property, you will find a tarmac drive leading to the front, with mature gardens on both sides. The property is fully enclosed with a charming timber fence.
Oil-fired central heating & solid fuel central heating system, PVC windows and doors, mains water and sewage.
An early viewing is strongly advised to fully appreciate this property. The joint selling agents Nigel Dineen Auctioneers & Cox & Walsh highly recommend this gem of a home.
In the picturesque landscapes of Ireland, rural properties offer a unique allure that's unmatched by the hustle and bustle of city life. The tranquil surroundings, the rich cultural heritage, and the opportunity to live in harmony with nature are some of the unique selling propositions that make rural properties in Ireland a great real estate prospect. However, as an estate agent, it's essential for us to understand that marketing these properties is a whole different ball game. This blog article will guide you through our process to market a rural property in Ireland and shed light on the legal requirements.
Here's a bullet-pointed breakdown:
Understanding the Unique Selling Propositions
Every rural property in Ireland has its charm and unique features. As an estate agent, your job is to identify these unique selling propositions (USPs) and leverage them in your marketing strategies. These could range from the serene location, historical significance, nearby attractions, to local amenities.
Professional Photography and Videography
Good marketing demands stunning visuals. Invest in professional photography and videography to showcase the property in its best light. A well-shot video tour can provide potential buyers a virtual walkthrough, making it easier for them to imagine living in the property.
Leveraging Digital Marketing Channels
In this digital era, it's crucial to take advantage of online platforms. List the property on top real estate websites (Daft.ie), create engaging social media content, and consider targeted ads. SEO-friendly blogs featuring the property and local area can also drive organic traffic to your listing. Such as this blog!
Targeting the Right Demographics
Understand who your potential buyers are. Are they retirees looking for a peaceful life, families wishing to escape city chaos, or investors seeking profitable vacation rentals? Once we've identified your target demographics, we tailor our marketing strategies accordingly.
Conducting Open House Events
Organize open house events to allow potential buyers to experience the property firsthand. This also provides an opportunity to engage directly with buyers, answer their queries, and highlight the best features of the property. We accommodate viewings of our properties 7 days a week.
Working with Local Partners
Collaborate with local businesses, tourism boards, and community organizations. They can help promote the property within the community and provide potential buyers with a better understanding of the local lifestyle.
Compliance with Legal Requirements
In Ireland, there are specific legal requirements for selling property, including rural ones. These involve obtaining necessary certificates and reports such as the Building Energy Rating (BER) certificate, Property Services Regulatory Authority (PSRA) license, and proof of property ownership. Ensure your Estate Agent adheres to these legal requirements to avoid issues during the sale process.
Preparation of Property for Viewing
First impressions count. Ensure the property is well-maintained and aesthetically pleasing. This involves gardening, painting, and repairing any damages. A well-presented property can significantly influence a potential buyer's decision.
Effectively marketing a rural property in Ireland requires a nuanced understanding of the property's unique features, the local market, and the potential buyer's preferences. Combining these insights with innovative marketing strategies and compliance with legal requirements ensures we successfully sell these rural gems in the heart of the Irish countryside.
Hey there! We're Cox & Walsh Estate Agents, and today we're going to chat about something pretty crucial when buying or selling property. It's not just about a stunning view or the perfect neighborhood—having the right solicitor to manage your conveyancing is key.
What's this 'Conveyancing' Anyway?
In simple terms, conveyancing is the legal process of transferring property ownership from one person to another. It sounds easy, but there's a lot of intricate details and paperwork involved. And just like you wouldn't perform surgery on yourself, handling your own conveyancing can be tricky. That's where your solicitor comes in, like a superhero in a suit, to navigate the sometimes stormy seas of property law.
Why Does Choosing the Right Solicitor Matter?
Like any good team, buying or selling property takes a strong, skillful lineup—and the solicitor is your MVP. They'll handle critical legal work, making sure everything's above board and smooth sailing. Pick the right solicitor, and you're in for a hassle-free experience. But pick the wrong one, and it could be a different story.
Remember, it's not just about getting someone to handle the process—it's about getting someone who does it well. The right solicitor will:
Protect Your Interests: This is their number one job. A good solicitor ensures you're not being duped and that all the legalities are in order.
Expedite the Process: The right solicitor can help avoid unnecessary delays and make sure everything is progressing on schedule.
Communicate Effectively: Clear, consistent communication can make the difference between a smooth transaction and a stressful one.
Potential Pitfalls and Things to Look Out For
Like in any other industry, not all solicitors are created equal. Here's what to watch out for when making your decision:
Inexperience: An inexperienced solicitor may miss important details or fail to foresee potential issues. Look for a solicitor with a proven track record in conveyancing.
Poor Communication: The last thing you want is to be left in the dark about the status of your property transaction. Make sure your solicitor is accessible and communicative.
Hidden Costs: Some solicitors might quote an attractively low fee but pile on extra charges as the process goes along. Make sure to ask about the full cost of services upfront.
Lack of Personal Attention: Larger firms might delegate your case to junior staff or paralegals. While this isn't necessarily a bad thing, you should still ensure that your case will receive the attention it deserves.
At the end of the day, choosing the right solicitor for your conveyancing needs isn't just a tick-the-box task—it's a key decision that can shape your property buying or selling experience. So take your time, do your research, and make sure you're in good hands. After all, it's not just a property transaction—it's a significant life decision.
Remember, at Cox & Walsh Estate Agents, we're always here to guide you through your property journey. Don't hesitate to reach out with your questions or concerns—we're in your corner.
Happy house hunting (or selling)!
Why Leitrim, Longford, and Roscommon should be on your radar for affordable rural living
New research from Switcher.ie has brought exciting news for first-time homebuyers in Ireland, revealing the most affordable places to buy a home. At Cox & Walsh Estate Agent, we are delighted to welcome this news, highlighting the advantages of living in the beautiful Shannonside region, specifically focusing on the counties of Roscommon, Longford, and Leitrim.
The Shannonside Advantage
According to Switcher.ie's study, Leitrim takes the crown as the most affordable place for both sole and joint first-time buyers. With scenic landscapes, top-notch schools, and excellent transport links, the Shannonside region offers an attractive blend of rural living and modern convenience.
Leitrim, Longford, Donegal, Roscommon, and Sligo were ranked as the top 5 most affordable places for sole buyers, while Leitrim, Donegal, Longford, Mayo, and Roscommon secured the top 5 spots for joint buyers. As remote working becomes more widespread, these rural locations will likely continue to gain popularity among young families and couples looking for their first homes.
The Perks of Rural Living
When you choose to buy a home in the Shannonside region, you're not just getting an affordable property – you're also investing in a lifestyle surrounded by natural beauty, friendly communities, and a wealth of amenities.
According to the study, first-time buyers in Leitrim can save for a 10% deposit in just 18 months, even as a sole buyer. This affordability, combined with the region's stunning scenery, quality schools, and well-connected transport links, makes it an ideal choice for those looking to escape city life.
Supporting Your Journey
Eoin Clarke, Commercial Director of Switcher.ie, emphasizes the importance of understanding the mortgage process for first-time buyers. By working with a mortgage broker, buyers can find the right home loan and navigate the application process more smoothly.
At Cox & Walsh Estate Agent, we are committed to helping first-time buyers make informed decisions and find their dream homes in the beautiful Shannonside region. With our local expertise and knowledge of Roscommon, Longford, and Leitrim, we can guide you through the entire buying process, making your transition to rural living as seamless as possible.
As the study shows, the Shannonside region – particularly the counties of Leitrim, Longford, and Roscommon – offers incredible opportunities for first-time buyers looking for affordable homes in picturesque, rural settings. If you're ready to embark on your journey to homeownership, let Cox & Walsh Estate Agent be your trusted guide in finding the perfect property in this beautiful region.
Have you ever dreamed of owning your own home but found that the cost of buying a property was just too high? Or perhaps you have inherited a property that has been vacant for some time and want to bring it back to life? If so, then you may be interested in the Vacant Property Refurbishment Grant.
The Vacant Property Refurbishment Grant is a payment offered by the Irish government to individuals who are looking to refurbish a vacant property and make it their permanent home. With a grant of up to €30,000 available, this scheme aims to encourage individuals to renovate and revitalise vacant properties across the country.
Qualifying for the grant
To qualify for the grant, you must be able to provide proof of ownership or evidence of active negotiations to buy the property. In addition, you must live in the property as your principal private residence, and the property must have been vacant for at least two years and built before 1993. It's worth noting that the grant is not available to developers/undertakings or applicants who want to rent out the property.
How to know if your property is eligible
The Vacant Property Refurbishment Grant now applies to qualifying vacant properties in cities, towns, villages, and rural parts of Ireland. To be eligible, you must also fall under one of the categories outlined in the Framework of Priorities, which can be found on the application form.
Evidence and documentation you need to provide
When applying for the grant, you will need to provide a quotation for the proposed works, as well as any other supporting documentation that your local authority may request. If you are seeking a top-up grant for works to a derelict property, you will need to provide an independent report confirming that the property is structurally unsound and dangerous or confirmation that it is on the Derelict Sites Register.
Rates of payment
A grant of up to €30,000 is available. This is subject to upper limits for different types of work, having regard to a reasonable cost assessment by the local authority. The grant is inclusive of the VAT cost of the works. If the refurbishment costs exceed the standard grant of up to €30,000, a top-up grant amount of up to €20,000 is available.
To get this top-up grant, you must confirm that the property is derelict. This means that the property is structurally unsound and dangerous. The total grant available for a derelict property is therefore €50,000. You must submit an independent report prepared by a qualified professional, along with the application confirming that the property is derelict.
The differences between an auctioneer, a valuer, and an estate agent in Ireland have been largely defined by the types of activities property service providers focused on.
Traditionally, an auctioneer is a professional who specializes in conducting auctions. They are responsible for managing the auction process and ensuring that bids are properly recorded and handled. In Ireland, auctioneers are also licensed to sell property and can act as estate agents.
Whereas traditionally, an estate agent is a professional who assists clients with buying, selling, or renting property. They typically work with sellers to market and sell their property, and with buyers to help them find a suitable property. Estate agents in Ireland are also responsible for managing the legal and administrative aspects of property transactions.
Today, in practice, there is little or no difference between auctioneers and estate agents. Both professions are licensed and regulated by the Property Services Regulatory Authority to conduct any of the four licensable property services which include:
(a) auction of property other than land and/or buildings (auctioneering);
(b) purchase or sale, by whatever means, of land and/or buildings (estate agency);
(c) letting of land and/or buildings (letting agency);
(d) provision of services related to the management of an apartment development,
housing estate or other estate containing housing which is carried out on behalf of a
management body. This includes administrative services and the procurement of the
maintenance, servicing, repair, improvement, or insurance of the development (property management agency).
Generally speaking, most property consultants are licensed in all 4 areas of activities with some, particularly in rural areas, having no demand for property management services.
A valuer, on the other hand, is a professional who specializes in valuing property. They assess the market value of a property, taking into account factors such as its location, condition, and current market trends. Valuers may be employed by banks, insurance companies, or other organizations to determine the value of property for lending or insurance purposes. While valuers are often licensed auctioneers/estate agents, the valuation activity is not licensed by the PSRA and this function can sometimes be chartered surveyors or other property professionals.
While there may be some overlap in the services provided by auctioneers, valuers, and estate agents, each profession has its own specific areas of expertise and responsibilities.
It's important to note that anyone who wants to operate as an auctioneer or estate agent in Ireland must hold a valid license issued by the PSRA. Additionally, all license holders must adhere to a strict code of conduct and are subject to ongoing regulatory oversight to ensure that they are acting in the best interests of their clients.
In Ireland, a sale by private treaty and a sale by public auction are two different methods of selling property, and there are some significant differences between them:
Sale by Private Treaty:
In a sale by private treaty, the property is marketed by the estate agent or the vendor to potential buyers. The asking price for the property is usually advertised, but this is often negotiable, and the seller may accept an offer that is lower than the asking price. The negotiation process takes place between the buyer and the seller, with the assistance of the estate agent. If an agreement is reached, the sale is completed, and the property is sold to the buyer.
Sale by Public Auction:
In a sale by public auction, the property is marketed to potential buyers, and interested parties are invited to bid on the property at a specified date and time. The auction is usually conducted by a licensed auctioneer, and the property is sold to the highest bidder. The price achieved at auction is usually the final sale price, and the successful bidder is required to pay a deposit on the day of the auction. The sale is completed within a specified time frame, usually within 28 days, and the buyer is required to pay the balance of the purchase price.
Overall, the main difference between a sale by private treaty and a sale by public auction is the method of sale. A sale by private treaty involves negotiation between the buyer and the seller, while a sale by public auction involves a bidding process, with the property sold to the highest bidder. The advantages and disadvantages of each method depend on a variety of factors, including the type of property, the local property market, and the individual circumstances of the buyer and the seller.
Are you considering buying or selling a home in Ireland? As a estate agent with years of experience helping clients navigate the Irish property market, we can offer some insights and tips to make the process smoother.
Buying a home in Ireland:
Find a reputable estate agent - In Ireland, real estate agents are known as "estate agents or auctioneers." A good estate agent will help you find properties that meet your needs, negotiate the price, and guide you through the buying process.
Get your finances in order - Before you start looking for a home, it's important to know how much you can afford. Get pre-approved for a mortgage and have a budget in mind.
Consider location - Ireland is a small country, but there are still regional differences in property prices and availability. Consider the location carefully based on your needs, such as proximity to work, schools, or public transportation.
Beware of "gazumping" - Gazumping is when a seller accepts a higher offer from another buyer after you've already made an offer. This can be frustrating, but it's unfortunately common in Ireland. Working with a good estate agent can help you avoid this.
Selling a home in Ireland:
Choose the right estate agent - A good estate agent will help you set the right price, market your property effectively, and negotiate with potential buyers. Do your research and choose an agent with a good track record.
Get your home ready for sale - Make any necessary repairs and updates to your home to make it more appealing to potential buyers. Declutter and stage your home to show off its best features.
Be realistic about the market - Property prices in Ireland can be volatile, so it's important to be realistic about the price you can expect to get for your home. Your estate agent can help you set the right price based on market conditions.
Consider a private treaty sale - A private treaty sale is when a property is listed at a fixed price and potential buyers make offers. This can be a more straightforward process than an auction or tender sale.
Whether you're buying or selling a home in Ireland, working with an experienced estate agent can make all the difference. Contact us today to learn more about how we can help you navigate the Irish property market.
As a real estate agent in Ireland, I have seen the ups and downs of the housing market. However, despite fluctuations, the market has remained robust, and now is an excellent time to buy or sell a property. In this blog post, I will provide some insights into the Irish real estate market and offer advice for buyers and sellers.
The Current State of the Market
In recent years, the Irish property market has been experiencing a steady increase in house prices. According to the latest report from the Central Statistics Office (CSO), house prices rose by 2.2% nationally in January 2023 compared to the previous year. The average price of a house in Ireland is now around €300,000, with Dublin being the most expensive location.
Despite the rise in prices, demand continues to outstrip supply. This is particularly evident in Dublin and other urban areas, where there is a shortage of affordable housing. As a result, competition for properties is high, and it's not uncommon for homes to sell above their asking price.
Tips for Buyers
If you're in the market for a property, there are several things to consider. Firstly, do your research. It's important to have a clear understanding of what you can afford, what kind of property you're looking for, and which areas you'd like to live in. Make sure to visit potential properties in person and ask plenty of questions.
Secondly, be prepared to act quickly. In a competitive market, properties can sell within days of being listed, so it's essential to have your finances in order and be ready to make an offer when you find a property you like.
Finally, consider working with a real estate agent who has experience in the local market. A knowledgeable agent can help you navigate the buying process, advise you on fair market value, and negotiate on your behalf.
Tips for Sellers
If you're selling a property, it's important to prepare your home for sale to maximize its appeal to potential buyers. This might include decluttering, depersonalizing, and making any necessary repairs. Consider staging your home to make it look its best.
It's also important to price your home fairly. Overpricing your property can turn off potential buyers, while underpricing can result in a lower sale price. A skilled real estate agent can provide you with a realistic estimate of your property's value and help you set a fair price.
Finally, make sure your property is visible to potential buyers. This might include listing it on popular real estate websites, hosting open houses, and using social media to promote your property.
The Irish real estate market is a dynamic and exciting place to buy or sell a property. With rising house prices and high demand for properties, it's important to be prepared and work with an experienced real estate agent. Whether you're a buyer or seller, there are plenty of opportunities to make a successful transaction in the Irish property market.
Choosing the right estate agent to sell your property in Ireland is an important decision, as it can greatly impact the success and ease of the selling process. Here are some steps you can take to choose the best estate agent for your needs:
Do your research: Start by researching different estate agents in your area. Look online for their websites, customer reviews, and ratings. Ask friends and family for recommendations based on their own experiences.
Check their credentials: Make sure the estate agent is licensed and registered with the Property Services Regulatory Authority (PSRA) in Ireland. This ensures that they are qualified to provide you with the necessary services.
Evaluate their experience: Look for an estate agent who has experience selling properties similar to yours, in terms of location, size, and price range. An experienced agent will have a better understanding of the market trends and how to position your property to attract buyers.
Schedule a meeting: Once you have a shortlist of potential estate agents, schedule a meeting with each one to discuss your requirements and get a feel for their approach to selling your property.
Ask questions: During the meeting, ask questions to understand the estate agent's marketing strategies, their fees and commissions, and how they plan to communicate with you throughout the selling process.
Compare and contrast: After meeting with each estate agent, compare and contrast their proposals, including their fees and commissions, the marketing plan, and their level of experience and professionalism.
Trust your instincts: Finally, trust your instincts and choose the estate agent that you feel is best equipped to sell your property quickly and for the best possible price.
Cox and Walsh Estate Agents have put together this handy resource to help first-time home buyers in Ireland:
Understanding the Process
Before you start looking for a property, it's essential to understand the process of buying a home in Ireland. You should research the various aspects of home buying, such as mortgage lending, legalities, and taxes. The Citizens Information website has an excellent guide on buying a home in Ireland that can help you get started.
Getting mortgage approval is a crucial step for first-time buyers. Before you start looking for a property, it's important to know how much you can borrow. You should speak to different mortgage lenders and compare their offers. A mortgage broker can help you with this process.
Saving for a Deposit
Saving for a deposit is one of the biggest challenges for first-time buyers. You should aim to save at least 10% of the property's value, but 20% is ideal. There are government schemes, such as the Help to Buy scheme, that can help first-time buyers save for a deposit.
Once you have mortgage approval and have saved for a deposit, it's time to start looking for a property. You should research different areas and neighborhoods to find the best location for you. Websites such as Daft.ie and MyHome.ie can help you find properties in your preferred location.
When viewing a property, make sure to ask questions about the property's condition, its location, and any potential issues. It's important to get a property survey done to check for any structural issues. You should also consider the property's energy efficiency rating, as this can impact your bills.
Making an Offer
If you find a property you like, you can make an offer. Your offer should be based on your budget and what you think the property is worth. Your estate agent can help you negotiate a fair price.
Once your offer has been accepted, the legal process begins. You should hire a solicitor to help you with the legal process, including conveyancing, searches, and contracts.
Closing the Sale
The final step is closing the sale. You will need to pay the deposit and sign the contract. Your solicitor will handle the transfer of ownership, and you will receive the keys to your new home.
Remember, buying a home is a significant investment, so take your time, do your research, and seek professional advice when needed.
Good luck with your home-buying journey! If you need any assistance, please do not hesitate to contact us at 0719658600.
Daft.ie is an online platform for property listings in Ireland. It was founded in 1997 and is headquartered in Dublin, Ireland. The website allows users to search for properties to rent or buy across the country, as well as to advertise their own properties.
Daft.ie features a variety of property types, including apartments, houses, commercial properties, and holiday homes. Users can refine their searches by location, price, property type, and other criteria. The website also offers tools such as mortgage calculators and property valuation estimates.
In addition to property listings, Daft.ie also provides useful information about the Irish property market, including trends and statistics. The website has become one of the most popular resources for people looking for accommodation in Ireland, and it has won numerous awards for its user-friendly interface and innovative features.
The portal was founded in 1997 by Eamonn and Brian Fallon and quickly became one of the most popular websites in Ireland for buying, selling, and renting properties. The name "Daft" is a playful reference to the Irish word for "crazy" or "foolish".
Over the years, Daft.ie has become a trusted source of information for anyone interested in the Irish property market. It is a popular destination for both buyers and sellers, as well as renters and landlords. In 2021, it was reported that Daft.ie had over 2 million unique visitors per month, making it one of the most visited websites in Ireland.
Choosing an estate agent in Ireland can be a crucial decision when you're buying, selling, or renting a property. Here are some factors to consider when choosing an estate agent in Ireland:
Experience: Look for an estate agent who has extensive experience in the area where you're looking to buy, sell, or rent a property. An experienced estate agent will have a good knowledge of the local market, prices, and trends.
Reputation: Do some research and read reviews or testimonials from previous clients. A reputable estate agent will have positive reviews and feedback from satisfied customers.
Services: Consider what services the estate agent offers. Do they provide a full range of services, including property valuations, viewings, and negotiations? Do they have a strong online presence, including a website and social media accounts?
Fees: Estate agents in Ireland typically charge a percentage of the property's sale price or rental income as their fee. Compare the fees charged by different estate agents and make sure you understand what services are included in the fee.
Professionalism: Choose an estate agent who is professional, communicative, and responsive. They should be able to answer your questions and provide you with regular updates on your property transaction.
By considering these factors, you can choose an estate agent in Ireland who will provide you with a positive experience when buying, selling, or renting a property.
Ireland's mortgage rules are a set of regulations put in place by the Central Bank of Ireland to ensure that borrowers can afford their mortgage repayments and reduce the risk of a housing bubble.
Here are some key points about Ireland's mortgage rules:
It's important to note that these rules apply to regulated mortgage lenders in Ireland. Borrowers may also be subject to additional requirements from their lender such as proof of income, employment history, and credit history.
Cox & Walsh Estate Agents are located at the Property Exchange, Dromod, Co Leitrim. Our agents provide nationwide services with a focus on the counties of Leitrim, Roscommon, and Longford.