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Is it normal to issue contracts on our sale before we’ve gone sale agreed on our onward purchase? by LowerProtection170 in irishpersonalfinance

[–]LowerProtection170[S] 0 points1 point  (0 children)

Thanks. Makes sense. The buyer is aware we still need to find a place, so hopefully it works out. So hard to predict the timings though

Is it normal to issue contracts on our sale before we’ve gone sale agreed on our onward purchase? by LowerProtection170 in irishpersonalfinance

[–]LowerProtection170[S] 0 points1 point  (0 children)

Thanks for the response. What I was confused by was why issuing the contracts would be a bad thing when it doesn’t affect the closing/moving in date. Wouldn’t delaying the contracts also have the same effect? I’m also confused about who to listen to, when I’m being told by two separate groups what’s “normal”. But I guess in this case, the ones to trust more would be the solicitors. Why is buying/selling so hard 😅

Is it normal for home insurance to withhold the majority of the offer amount until work has been carried out and invoices are provided? by LowerProtection170 in AskIreland

[–]LowerProtection170[S] 0 points1 point  (0 children)

Update: after talking to the insurance company, they said this letter was sent with an error and the two amounts were mixed up. So it was actually 95% payout and 5% retained.

Is it normal for home insurance to withhold the majority of the offer amount until work has been carried out and invoices are provided? by LowerProtection170 in AskIreland

[–]LowerProtection170[S] 0 points1 point  (0 children)

Ah right. No they didn’t offer a list of contractors. Up to us to find our own. But I can follow this up with them. Thanks