Well, I signed the contract today and felt I had a pretty good handle on Outgoings. My searches have found outstanding council rates will be $4700 at settlement and body corporate levies will be at roughly $4500. No land tax, probate or any other things i could find. I made it a special condition that the Seller provide cheques for these amounts…[Read more]

Because my time is flexible enough I can chase down all the details & searches, I am curious about the conveyancing process and it’s finer details, and I will likely end up with some spare cash in pocket that can go immediately into the mortage.

I personally consider the P/E ratio pretty seriously whenever I buy and it is my opinion that prices have been overinflated for some time. The Irish property bubble article on Wikipedia is an interesting read http://en.wikipedia.org/wiki/Irish_property_bubble and Ireland is now facing an EU bailout. It is very interesting comparing their price…[Read more]