After some amazingly disastrous decisions with money in the past Ollie and I have finally worked ourselves out of the pit that was financial ruin and are hoping that with this nice even pace we have now that we can finally look to invest in a property.
Over the last few years while we dreamt of financial freedom from debt we had always planned on joining the buy to let market place and so have been doing some research on current market prices and also what percentages we would be looking at if we went ahead with it.
Although buying your first home might seem like a complicated process, which can take months or even years to get in shape to apply for one, AIG Ireland has designed this 16 step guide to buying a house in Ireland that takes you through the steps of the buying process.
For example, did you know at the time of buying your first home that lenders require you and your partners to not only have life insurance but home insurance too?
The process of buying has always seemed very scary but when you see it set out like above it certainly doesn’t look as bad.
I think the hardest thing for us is going to be getting both of us to agree on the same property! We are both nothing if not set in our ways.
However the most important one for us will be setting the budget as It’s so easy to get carried away and just keep going up! Well, that and Ollie is always dreaming big so being fixed and clear from the start is certainly the way forward.
The second biggie I personally feel is making sure you have the right solicitor for you. I have bought 2 houses in the past and the first Solicitor was so unreliable, took days to return phone calls and seemed to have any oomph about him. The last time I changed to a different solicitor and the process seemed to be altogether less stressful and he returned phone calls. If you aren’t sure who to use, get some recommendations from people you trust.
So no matter where you are buying your house, good luck and happy new home!
Disclaimer: This is a collaborative post.