How to find an auction property in Ireland?
When considering buying a property at Auction you should first decide on the area that you are interested in purchasing. A popular tool to help you decide is www.myhome.ie, where you can decide by county, area, property type and price range.
What items do I need to prepare for Auction?
If you attend an auction and intend to bid, you will need to be in a position to pay the required deposit. You will need to bring (i) 2 proofs of identification, and (ii) proof of your address, and (iii) details of your Solicitor.
Do I need a Surveyor’s Report to buy at Auction?
When considering buying a property at Auction or indeed any property it is highly advisable that you engage an Engineer or Charted Surveyor to undertake a report so that you are satisfied that the property is structurally sound.
Do I need a Solicitor to buy at Auction?
When considering buying a property at Auction or indeed any property transfer it is essential that you engage a Solicitor. An Auction Solicitor should be contacted so that a full review of the legal pack is undertaken including an examination of good title, and compliance with Building Regulations and Planning Permission.
How to buy a property at auction in Ireland?
Once you have decided on the area where you wish to purchase and have viewed and decided on a property, it is advisable to contact an Auction Solicitor and a Surveyor or Chartered Engineer. You must then attend the Auction and if your bid wins you must pay the deposit and make them aware who your Solicitor is.
Why buy a property at auction in Ireland?
Auctions are swift and simple. In many cases a property can be purchased at a more reasonable price. If your bid wins at Auction then matters are decided at that stage which means you do not have to go back and forth with the Real Estate Agent which can be time consuming and stressful. As you will note you may also bid my phone or by proxy or of course in person.