Curtley-Óg
Registered User
- Messages
- 38
Hello
I would like to understand the pros and cons of using an Estate Agent to purchase a home.
I am a first time buyer. My price range is low (150k - 175k), searching for a 2 bed in a provincial town in Munster. I have a local authority loan (Rebuilding Ireland) approval in principle which expired yesterday 30 Dec, and I have requested an extension which if I am being optimistic should give me another 1 - 3 months grace (to end March 2022 at very best). After this period I would need to reapply in full to the successor of the RI scheme which is likely to take 3 - 6 months to clear, allowing for delays related to the new scheme over and above the normal application timescale of circa 10 - 12 weeks. I want to avoid this re-application process, and moreso the associated delay in being able to put in offers, if at all possible.
Given my search to date has been unsuccessful (a sale agreed fell through in Aug as the vendor pulled out), I think it is worth considering how I can change my approach in the hope I can be successful in purchasing a home in the next 3 months (assuming my RI extension request is granted). It seems employing the services of a local Estate Agent may be one such option.
I would be grateful for any experiences and/or advice that could be shared please.
Many thanks.
I would like to understand the pros and cons of using an Estate Agent to purchase a home.
I am a first time buyer. My price range is low (150k - 175k), searching for a 2 bed in a provincial town in Munster. I have a local authority loan (Rebuilding Ireland) approval in principle which expired yesterday 30 Dec, and I have requested an extension which if I am being optimistic should give me another 1 - 3 months grace (to end March 2022 at very best). After this period I would need to reapply in full to the successor of the RI scheme which is likely to take 3 - 6 months to clear, allowing for delays related to the new scheme over and above the normal application timescale of circa 10 - 12 weeks. I want to avoid this re-application process, and moreso the associated delay in being able to put in offers, if at all possible.
Given my search to date has been unsuccessful (a sale agreed fell through in Aug as the vendor pulled out), I think it is worth considering how I can change my approach in the hope I can be successful in purchasing a home in the next 3 months (assuming my RI extension request is granted). It seems employing the services of a local Estate Agent may be one such option.
I would be grateful for any experiences and/or advice that could be shared please.
Many thanks.