5 - Making an Offer

When you are sure you have found the right place, it's time to make an offer. This is a big step and you want to make sure you are ready. Having answers to the following questions will make it easier for you.

Key Steps:

1. Checklist
  • What is the maximum amount you can spend?
  • What percentage mortgage is required?
  • Is the mortgage pre-arranged?
  • What is your timespan for the move?
  • How much are you willing to offer and how much you are willing to negotiate?
  • Which fixtures and fittings are included in the sale?
Tips:
  • Talk to the estate agent to find out as much as possible, for example whether the seller wants to move quickly.
  • Remember, estate agents work for the seller and is trying to get the best deal for them rather than you.
2. Making the offer
  • Get in touch with the seller's estate agent and tell them how much you would like to offer.
  • If they don't accept, you can increase the offer, but make sure it's within your budget.
3. Pay the Booking Deposit

It is common practice to pay a booking deposit of approx 3 to 5 thousand euro once you offer has been accepted. The booking deposit is to show that you are serious but is fully refundable if you change your mind within say 3 weeks. Check this with the Estate Agent. You should give the Estate Agent your solicitor details at this stage.

Tips:
  • Consider getting a survey done.
  • Finalise your mortgage details.

Next step: The legal process

Contact us today on 1890 65 1890 or Apply-Online for Mortgages Made Easy.