SleeplessInDunL
Registered User
- Messages
- 2
My parents decided to return to Ireland as they are in their 80s and want to be near their grandchildren. They sold their apartment in France and wanted to live somewhere very central in Dun Laoghaire, the same suburb that I live in.
However the first apartment fell through due to fire safety issues after several months, the second due to the vendor and the third due to both fire safety and water ingress issues. Each time we have stretched the budget further. The third apartment was one they dearly loved and was absolutely perfect. However, the architect and solicitor said it would 7 figures of rebuilding within the next few years and at that price we couldn't afford that risk.
As a result of all of this, thet have been bouncing between our house and a hotel for the post 4 months and thoroughly sick of it. They were reluctant to rent long term as it would eat into their capital and reduce the options of what they can afford.
Last week, the agent from the first place came back to tell us about a property that had just had a sale fall through on it, that we could have if we could get an offer in that was just 7k less than the previous sale agreed price. However it is 30k above the previous place which was already a stretch.
The place is imperfect, for example it has stairs and is a little farther from the centre of Dun Laoghaire then they'd like, it has nothing in the way of a view from any window, while the last property had a lovely view where you could just about see the sea.
However, after having looked for so long and being so frazzled we put it in the offer and it was accepted. To make it work, I need to give them a 'loan', which I can manage but the are uncomfortable with it.
None of us have slept since the last apartment fell through and I have no idea what the right thing to do is here. Currently I am thinking they just need to get in somewhere and take a breath but I just don't feel I am thinking entirely correctly.
If anyone can offer any advice or thoughts, I would really love to hear it.
Thanks in advance!
However the first apartment fell through due to fire safety issues after several months, the second due to the vendor and the third due to both fire safety and water ingress issues. Each time we have stretched the budget further. The third apartment was one they dearly loved and was absolutely perfect. However, the architect and solicitor said it would 7 figures of rebuilding within the next few years and at that price we couldn't afford that risk.
As a result of all of this, thet have been bouncing between our house and a hotel for the post 4 months and thoroughly sick of it. They were reluctant to rent long term as it would eat into their capital and reduce the options of what they can afford.
Last week, the agent from the first place came back to tell us about a property that had just had a sale fall through on it, that we could have if we could get an offer in that was just 7k less than the previous sale agreed price. However it is 30k above the previous place which was already a stretch.
The place is imperfect, for example it has stairs and is a little farther from the centre of Dun Laoghaire then they'd like, it has nothing in the way of a view from any window, while the last property had a lovely view where you could just about see the sea.
However, after having looked for so long and being so frazzled we put it in the offer and it was accepted. To make it work, I need to give them a 'loan', which I can manage but the are uncomfortable with it.
None of us have slept since the last apartment fell through and I have no idea what the right thing to do is here. Currently I am thinking they just need to get in somewhere and take a breath but I just don't feel I am thinking entirely correctly.
If anyone can offer any advice or thoughts, I would really love to hear it.
Thanks in advance!