Daft Property - Irish Property News

Here's a tip: if you want to make a sale - try harder... Despite the sluggish market, some savvy sellers are finding buyers for their homes... IT MAY BE a buyer’s market but some properties are shifting, with a few even garnering competitive bids. What are sellers doing to earn that coveted “sold” sign? Homeowners who have been liberated from the “for sale” trenches have some tips. According to the CSO’s Residential Property Price Index, property prices are down 43 per cent nationally from Septembner 2007, but property manager Deirdre Walshe says there are buyers out there,. The market is now is a bit like speed dating,” says Walshe, who once worked in advertising sales. “Your property is competing against thousands of other properties out there so you need to try harder.” She manages her family’s portfolio of 34 properties. This year shesold a two-bedroom apartment and she has put her own family home up for sale. “You need an agent with experience in your area and in y

BANKS RISK making people homeless and adding further vacant houses to an already struggling property market if they raise mortgage interest rates too much, Minister of State for Housing Michael Finneran has warned. He has urged a new government to use its influence with the banks to ensure families do not lose their homes as a result of aggressive interest rate increases. “I am appealing to the banks . . . It would be a terrible, unfortunate thing that we have vacant properties all around this country and we created more vacant properties because people were not able to make repayments. That would be a scandal, and should not be allowed,” said Mr Finneran yesterday at the launch of a new service for homeless people. He said many families were now at the “pin of their collar” and there was a certain level at which they would not be able to make repayments on their homes. He said the number of family homes repossessed in the recession was still very low due to the leniency of the