Good info Terry. i've worked in building control enforcement and bringing cowboy builders to court particularly part E (sound transmission) and part b ( fire stopping) . If buying a property on a terrace , semi detached or in a block of apartments , people need to consider or check for sound transfer possibilities ( check wall or floor xonstruction detail ). Ive also seen people offload problem houses on to other unsuspecting buyers. These things won't be observed in strutural surveys. Do research Caveat emptor all the way.
I like the drone footage. These are very good tips, more people should be familiar on what the process is and importantly their own role, preparation and responsibilities are. One thing, I would advise is not to borrow too much and particularly that you are not reliant on both husband and wife working, nor commuting too far. Some employers require people to live less than 1/2 hour away and I think that is healthy and will limit your commuting costs. Ensure you have funds for repairs, reserve funds. Beware of properties which have been 'freshened up/renovated' as all manner of issues may have been concealed and a surveyor can only deal with what they see.
you should get a structural engineer not only for older property but especially for newer property. new built homes are more than not substandard. always get those new properties inspected.
@@terrygorry In the description, you can add the following - 01:12 Tip 1 (For example - First set would be minute and second set would be seconds, and Tip 1 would be the description for the timestamp). Also, thank you for the video!
Hey Terry, thanks for all the great content. What are your thoughts on buying a listed/landmark building? Is it something you’d avoid if your plans were to make a lot of internal changes? Thanks again.
I would probably avoid it, to be honest, but would need to know the details. Some buildings have different degrees of being listed or landmark. So it would depend on the building and the local authority and the proposed works.
Mr. Gorry do you cover co donegal? I will be buying a home in that area in the coming days and need a solicitor prior to our first viewings. Thank you in advance.
I just started the process of a D visa. I am interested in selling one of my homes in the states to buy and renovate one of the homes that they're offering renovation money towards. How do I sort out where those houses are available? I'm not hurrying but I'd like to look for a large plot of land to farm
I think a Structural Survey should be done for any house; new or not. Im an American Home Inspector (Surveyor) and seeing many problems with new construction as well.
Hi Terry, thanks for the information you provide it is very informative. I am thinking about retiring back to Ireland after many years away. How well can I rely on the prices listed with property sites online? Are they a good indication of the final price you might expect to pay or could you offer below the listed price or is it expected that the price will go higher? Thanks, Harry
Hey Terry, love the videos. I live in the USA and looking to move home to the west of Galway. I’ve found a property in interested in. What would you recommend for financing, can I get financing through Irish banks or should I source financing this side? I appreciate any info
Having bought properties in various global places I can say that as a general rule it is only the local banks that would provide a mortgage. I have heard that Irish banks were particularly difficult when it came to providing a mortgage to people who were non-resident or did not have an established credit rating in Ireland. I did find this to not be the case, but although they offered me better than advertised rates, when I bought my first property in Ireland I used a Canadian line of credit to purchase it instead. Free advice: Be sure to get a good tax account that is familiar with both US and Irish tax.
Hey Terry, thanks for the video, I find it very userful! Could you please advise if it is possible to convert apartment in leasehold (450 years) to freehold? How much it cpuld cost? Thanks!
Very informative video :) thank you for that. I have a question...I'm from Germany and will soon move to Ireland with my wife and son with our caravan. And we want to buy an empty space or a house which needs to be refurbished I guess. Will it be difficult for us as non-citizens at that time to buy a house or maybe not even possible. At first we're thinking of a Mobilehome for the first time while restoring the old house with an existent planning permission.Getting a job is required, I know. I saved a lot of money already to buy a place...
No problem buying as non citizens, provided you have the Euros. EU citizens have freedom of movement, too, so no problem living and working in Ireland 👍
Does Irish real estate laws require a solicitor (attorney) to complete a title search and settlement or can a cash buyer create a deed through a title company and record with the local Council/Records office?
What do you mean what happens? The site will be sold to a person who is capable of getting planning permission and maximizing the sales price for the vendor.
Thanks for your video. Very informative as always I am an resident in Ireland and my brother wants invest in the Ireland rental market from overseas (Non EU) What is the course of action ? Can I set up a company where he can deposit money to buy property in Ireland Thanks Terry
New houses are of questionable quality also. I know there are standards now but I would go by experience. If new houses are better these days, let time prove it and please don`t rely on what the authorities say. My tip would be to buy gold and wait for a recession. Ireland`s economy cannot stay strong if there is a global downturn. If Ireland`s economy weakens, the government will not be able to maintain it`s rigged market because buyers and banks will be in difficulty and things might turn nasty if there are bank bail-ins. During the Weimar Republic, 25 ounces of gold could buy a city block.
Wow! Any idea when this apocalypse will be upon us? Maybe investing in a bunker, lots of preserved food, guns and ammo would be the sensible thing to do.
Well, USA is approx. 30 trillion in debt; only reason it is still hegemonic is because USD is global reserve currency, but BRICS pay potentially poses an alternative to that. Additionally, according to Vedic astrologer Abhiv Ananda, alignment of planets indicates catastrophy for mankind 2029-30, so stay blessed by the Divine now! BTW, love ur drone toy clips in graveyard amongst other places; i still only use googlemaps satellite to see areas surrounding properties of interest!
Hi Terry I would love to hear your thoughts on buying land with a pre-existing property, demolishing it and building a brand new house. I’ve found such a property on 5 acres but dislike the house and want to knock it and rebuild a new house elsewhere on the land. Is it do-able? Thanks 🙏
@@terrygorry I will, thank you. I'm about to buy an apartment in Dublin and have an issue. Basically the common areas of the development (eg walkways, lifts, parking area etc) have not been transferred into the name of the management company as the development went into receivership before the transfer took place. According to my solicitor this is not ideal and if I'm to sell the property in the future and the transfer of the common areas has not been dealt with at that point, this may cause an issue with the prospective purchaser. What do you think? Is that a serious issue? Should I walk off the deal in your opinion?
Affordable housing schemes new builds , just got offered one and really unsure how to liase with builder as its all off plan yet fear being screwed over, am i being silly ?
Mr. Gorry do you cover Co Donegal? I am selling a property (Just land) in that area and a developer has confirmed with his booking (deposit) with my solicitor, my question for you is is it the normal procedure to have to wait 12 month for the developer to get planning approval if they have already newly zoned the location (last November 2023 it was approved for the new zoning)??
Just wondering is it possible to upgrade the current mortgage? We bought a house 6 years ago, I've got a mortgage for 130k € for 25 years. But we thinking to buy a bigger house for 370k €. Is it possible sell my house and upgrade the mortgage to buy a new house?
Good info Terry. i've worked in building control enforcement and bringing cowboy builders to court particularly part E (sound transmission) and part b ( fire stopping) . If buying a property on a terrace , semi detached or in a block of apartments , people need to consider or check for sound transfer possibilities ( check wall or floor xonstruction detail ). Ive also seen people offload problem houses on to other unsuspecting buyers. These things won't be observed in strutural surveys. Do research Caveat emptor all the way.
Love the graveyard footage. Has that got something to do with the word: Morgage? a french word for death tax....
Excellent advice, Mr. Gorry.
I like the drone footage. These are very good tips, more people should be familiar on what the process is and importantly their own role, preparation and responsibilities are. One thing, I would advise is not to borrow too much and particularly that you are not reliant on both husband and wife working, nor commuting too far. Some employers require people to live less than 1/2 hour away and I think that is healthy and will limit your commuting costs. Ensure you have funds for repairs, reserve funds. Beware of properties which have been 'freshened up/renovated' as all manner of issues may have been concealed and a surveyor can only deal with what they see.
When the Construction Industry got rid of the Clerk of Works, standard's of trades people plummeted.
you should get a structural engineer not only for older property but especially for newer property. new built homes are more than not substandard. always get those new properties inspected.
Thank you for sharing that knowledges . Mr Terry.
Terry i notice many videos now seem to have time stamps on them, not sure if they are automatically generated. Have you thought about using them?
No, might take a look though
@@terrygorry In the description, you can add the following - 01:12 Tip 1 (For example - First set would be minute and second set would be seconds, and Tip 1 would be the description for the timestamp). Also, thank you for the video!
Terry
I’m not even Irish but enjoy your drone footage. You need to get one though to cut that lawn😂
Thanks for your videos! Very interesting and informative! Really appreciated. Best wishes from Limerick.
Hey Terry, thanks for all the great content. What are your thoughts on buying a listed/landmark building? Is it something you’d avoid if your plans were to make a lot of internal changes? Thanks again.
I would probably avoid it, to be honest, but would need to know the details. Some buildings have different degrees of being listed or landmark. So it would depend on the building and the local authority and the proposed works.
My thoughts were to avoid it also. Thanks for the reply!
Mr. Gorry do you cover co donegal? I will be buying a home in that area in the coming days and need a solicitor prior to our first viewings. Thank you in advance.
Yes, I do indeed 👍 Ring the office or email terry@terrygorry.com
Could you perhaps make one for commercial properties ?
I did, have a look on the channel, property and/or business playlist 👍
@@terrygorry Alright will do so, thanks again.
Here you go: ua-cam.com/video/wVI3g3uyOiM/v-deo.html
I just started the process of a D visa. I am interested in selling one of my homes in the states to buy and renovate one of the homes that they're offering renovation money towards.
How do I sort out where those houses are available? I'm not hurrying but I'd like to look for a large plot of land to farm
Try Daft.ie for starters
I think a Structural Survey should be done for any house; new or not. Im an American Home Inspector (Surveyor) and seeing many problems with new construction as well.
No need with a new buy because of builders warranty, Homebond, breach of contract and/or negligence legal actions
@@terrygorry Thanks Mr. Gorry
Hi Terry, thanks for the information you provide it is very informative. I am thinking about retiring back to Ireland after many years away. How well can I rely on the prices listed with property sites online? Are they a good indication of the final price you might expect to pay or could you offer below the listed price or is it expected that the price will go higher?
Thanks, Harry
Depends on the property, location, demand. They are just guidelines 👍
Hey Terry, love the videos. I live in the USA and looking to move home to the west of Galway. I’ve found a property in interested in. What would you recommend for financing, can I get financing through Irish banks or should I source financing this side?
I appreciate any info
Don’t think you have any choice but Irish banks. But they won’t lend unless you are employed for a certain period of time, in excess of 12 months
Having bought properties in various global places I can say that as a general rule it is only the local banks that would provide a mortgage. I have heard that Irish banks were particularly difficult when it came to providing a mortgage to people who were non-resident or did not have an established credit rating in Ireland. I did find this to not be the case, but although they offered me better than advertised rates, when I bought my first property in Ireland I used a Canadian line of credit to purchase it instead.
Free advice: Be sure to get a good tax account that is familiar with both US and Irish tax.
@ thanks for the info
Hello Terry, may I know your thoughts on buying a new home at parkliegh seven mills
How are affordable housings now days to buy from?
Hi Terry
Would you ever purchase a house wWITHOUT a registered right of way?
Even if you were a cash buyer and you could get it discounted?
Yes, but..
Hey Terry, thanks for the video, I find it very userful!
Could you please advise if it is possible to convert apartment in leasehold (450 years) to freehold? How much it cpuld cost?
Thanks!
No, not possible
Very informative video :) thank you for that. I have a question...I'm from Germany and will soon move to Ireland with my wife and son with our caravan. And we want to buy an empty space or a house which needs to be refurbished I guess. Will it be difficult for us as non-citizens at that time to buy a house or maybe not even possible. At first we're thinking of a Mobilehome for the first time while restoring the old house with an existent planning permission.Getting a job is required, I know. I saved a lot of money already to buy a place...
No problem buying as non citizens, provided you have the Euros. EU citizens have freedom of movement, too, so no problem living and working in Ireland 👍
Does Irish real estate laws require a solicitor (attorney) to complete a title search and settlement or can a cash buyer create a deed through a title company and record with the local Council/Records office?
Buyer needs a solicitor to act for him, cash buyer or not. No such thing as a title company 👍
@@terrygorry Can an American own property directly in Ireland?
@@dougdorrer4622 yes
You definitely need a solicitor but be careful, I ju😊st bought a place and they were alittle difficult, cash...best think I ever did...
Terry, what happens if there's a site for sale with a planning permission? Only a local can purchase it and build on it? thanks.
What do you mean what happens? The site will be sold to a person who is capable of getting planning permission and maximizing the sales price for the vendor.
Hi Terry! A quick question, if i have a rental property (and rent my home) but my wofe has no property, can we use the help to buy scheme?
Hello
Thanks 😊 ☘️
Very informative, thank you.
Thanks for your video. Very informative as always
I am an resident in Ireland and my brother wants invest in the Ireland rental market from overseas (Non EU)
What is the course of action ? Can I set up a company where he can deposit money to buy property in Ireland
Thanks Terry
New houses are of questionable quality also. I know there are standards now but I would go by experience. If new houses are better these days, let time prove it and please don`t rely on what the authorities say. My tip would be to buy gold and wait for a recession. Ireland`s economy cannot stay strong if there is a global downturn. If Ireland`s economy weakens, the government will not be able to maintain it`s rigged market because buyers and banks will be in difficulty and things might turn nasty if there are bank bail-ins. During the Weimar Republic, 25 ounces of gold could buy a city block.
Wow! Any idea when this apocalypse will be upon us? Maybe investing in a bunker, lots of preserved food, guns and ammo would be the sensible thing to do.
@@mikekelly5869 I pray the rosary instead.
Well, USA is approx. 30 trillion in debt; only reason it is still hegemonic is because USD is global reserve currency, but BRICS pay potentially poses an alternative to that. Additionally, according to Vedic astrologer Abhiv Ananda, alignment of planets indicates catastrophy for mankind 2029-30, so stay blessed by the Divine now! BTW, love ur drone toy clips in graveyard amongst other places; i still only use googlemaps satellite to see areas surrounding properties of interest!
HI! Do you have any advice for getting funds to buy a derelict? Should the banks approve this this or am I better off applying for a loan elsewhere?
Hi Terry
I would love to hear your thoughts on buying land with a pre-existing property, demolishing it and building a brand new house.
I’ve found such a property on 5 acres but dislike the house and want to knock it and rebuild a new house elsewhere on the land. Is it do-able?
Thanks 🙏
You will need planning permission for a brand new house.
@@terrygorry thank you Terry!
Thanks for the video.
Do I need to pay my solicitor if I ended up walking off the deal?
Ask your solicitor
@@terrygorry I will, thank you.
I'm about to buy an apartment in Dublin and have an issue.
Basically the common areas of the development (eg walkways, lifts, parking area etc) have not been transferred into the name of the management company as the development went into receivership before the transfer took place. According to my solicitor this is not ideal and if I'm to sell the property in the future and the transfer of the common areas has not been dealt with at that point, this may cause an issue with the prospective purchaser.
What do you think? Is that a serious issue? Should I walk off the deal in your opinion?
Affordable housing schemes new builds , just got offered one and really unsure how to liase with builder as its all off plan yet fear being screwed over, am i being silly ?
Good solicitor will protect you with sound advice
Mr. Gorry do you cover Co Donegal? I am selling a property (Just land) in that area and a developer has confirmed with his booking (deposit) with my solicitor, my question for you is is it the normal procedure to have to wait 12 month for the developer to get planning approval if they have already newly zoned the location (last November 2023 it was approved for the new zoning)??
Ask your solicitor what the delay is. He/she has the file and is in possession of all the relevant information.
Just wondering is it possible to upgrade the current mortgage? We bought a house 6 years ago, I've got a mortgage for 130k € for 25 years. But we thinking to buy a bigger house for 370k €. Is it possible sell my house and upgrade the mortgage to buy a new house?
Sure is. Ask the lender.
Ok
Great 👍🏻
I am looking to sell my property
Why am I seeing burial ground...
Because you’re watching the video 🤔😉
Ah... Terry.. Sure they'll still march in and expect you to do the conveyancing for €500.
I’m an Irish citizen but not currently an Irish resident. Do I have to be an Irish resident for a mortgage from an Irish bank?
Ask the bank 🏦
The facts you should know is, they gone take your House, and .leave you empty handed.
No, pay your mortgage and you will enjoy your home for as many years as you wish.
Auctioneer , fast talking salesman 😏😏
Id trust a drug addict on the street who I lent €100 to give it back before id trust a solicitor. LSRA no backbone either
My😊 suggestion is do not go in over your head
My advice is don’t buy house!! you will be loser
Shocking bad advice
Can I use my paid house of 200grand to get a mortgage.
Go raibh maith agat. From America.