After going "SALE AGREED" you dont have to sign the contracts for around 9 months. Yes thats right,according to IRISH LAW your solicitor can hold on to those contracts while you sit there on the fence requesting more and more "surveys" or water tests ( while you fritter away the months and the vendors are getting desperate because of that crippling bridging loan they took out ).
One of my local estate agents, documents all bids and will show them to someone who wants to bid on the property.
What they are suggesting is illegal- avoiding stamp duty. In the present market which is strong for buyers I would run a mile before doing business with anybody suggesting a scam like this. Why should she risk prosecution for tax avoidance when in 6 -12 months time she will more than likely buy the same house for less than 300k.
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