Step-by-Step Buyers' Guide
The Wyse easy-to-follow guide to buying your new home successfully:
Step 1: Finance. As obvious as it sounds, the first thing you need to determine is how much you can afford. Apart from the purchase price you need to budget for solicitor's fees, surveyor's fees, stamp duty and home and life insurance.
Step 2: New Home. Should you decide to buy a new home or apartment you should be protected by a 10-year Homebond Guarantee scheme. What’s more, it’s highly unlikely you will need to pay for any major repairs for at least five to ten years.
Step 3: Second-Hand Home. We recommend that you have an independent structural survey completed on the property, to highlight any potential problems, especially in older second-hand properties.
Step 4: Getting the ball rolling. Decide what you’re looking for and the maximum price you’re prepared to pay. You should also consider location, schools, public transport and leisure amenities.
Step 5 : Viewings. View as many properties as possible that match your chosen criteria. The more properties you see the more prepared you will be to make that final choice.
Step 6 : Making an Offer. When making an offer you should be prepared to negotiate up as well as down.
Step 7 : Accepted Offer. Once your offer has been accepted you will be asked to pay a booking deposit. This is made payable to the estate agent. The deposit is totally refundable until you sign a contract. You will receive a copy of the terms and conditions of the sale outlining the purchase price, what is included in the sale and any special conditions relating to the sale. A copy of this will be sent to your solicitor and to the vendor.
Step 8 : Closing. Acting on your behalf your solicitor will handle the purchase process and agree a closing date between you and the vendor. Normally, you should allow six to eight weeks for this part of the process, before you get your hands on the keys.
Buying a Property
Private Treaty - Use our Expertise - Whether you are buying a home or an investment property.
Sometimes, as a buyer, you may not have the time to attend viewings and negotiate on the price of a chosen property. We are happy to help you. We act for both clients and landlords looking for that perfect investment property or home.
We are happy to handle everything for you. Just let us know your requirements and we’ll take it from there. With nearly 30 years' experience in the residential market in Dublin you benefit from our knowledge and expertise.
Just remember, we are a one-stop shop. If you need to refurbish your property and find tenants – our Residential Lettings Division will be happy to help.
Buying at Auction – Use our Experience
Buying a property at auction can be a stressful situation. We know that it is better to be represented by an experienced negotiator.
At Wyse, we are very familiar with the auction process and have successfully bought many properties for clients over the years. This is one key area that we can help you get the best results.
Let one of our experienced negotiators represent you during the auction process. Our expertise will save you time, money and stress, particularly if the property is withdrawn. In these circumstances we can negotiate on your behalf with the vendor's agent.
Again, it's good to remember "Be well advised – talk to Wyse"