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where is it.
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Limerick, the area would have been helpful alright!!!
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165
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240k
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150
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Limerick? fcuk all.
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Reported ^
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:^0
That didn't take long ydc. |
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Serious answer Ramon, not more than 215.
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find out the circumstances of the vendor and how desperate they are to sell.... nobody in mkt at moment so your in a good position.... if its a fire sale then i'd suggest 150 k.....
BJG i see i'd only u on mailing list.... owner over moon with Seek.... track record smashed |
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150k on a house with a guide of 230-250? Not a fking hope.
Make 195-200 your opening offer imo. |
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Dan i'm in the game myself...if hes a distressed seller then its most likely you'll be the only one bidding despite what the agent says...in any event a guide price is meaningless who knows whats its price
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Two piebalds and a caravan in Rathkeale.
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if you really want it max bid would be annual rent by 20 ...15 times rent is about right
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I'd tell the estate agent that when they were prepared to take 175K to give me a buzz
by that time my offer might be lower, mindya emphasize that you are not dependent on selling your own house |
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You don't want anything under a 6% yield, so I would go the monthly rent x 12 x 16
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be lucky to break even on rent these days
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Keep in mind that with public sector pay cuts and other cut backs
already anounced and more cute backs needed in the next few years to balance the budget can only mean a deflationary economic environonment and therefore continuing falling house house prices. |
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Not to mention higher interest rates.
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this must of been around the time of the property crash in ireland, lots of greedy people didnt see that happening and went bust
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