Home Buyers Guide

Chapter 1: The 10 Steps to Buying Your First Home:

3: Make an offer on a property / pay booking deposit..cont.

• Find out what the standard fit out includes – for example, what’s included with the kitchen / is there a decoration allowance etc.

• If your bid is accepted, you will have to pay a 'booking deposit' straight away (which is usually a couple of thousand euros).

• You are then given 3 - 4 weeks, to get your mortgage documents issued and complete a survey on the property.

• There’s usually no need to get a survey on a new home (as long as it’s covered by Home Bond or Premier
Guarantee) but you should get a snag list done when the property is completed (before you complete the deal)

• Arrange a snag list (you can find a local surveyor to do a snag list for you on surveyors.ie)

• If for whatever reason, you can't get mortgage approval, and you don't proceed with the purchase, this booking
deposit is usually refundable.

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