Post new topic Reply to topic  [ 4 posts ] 
Author Message
 Post subject: Property Price Register
PostPosted: Thu Nov 02, 2017 7:37 pm 
Offline
Migrant

Joined: Oct 20, 2017
Posts: 2
Hi All,

New to the forum so hoping some of the old hands can answer this question for me.

Every so often when I check the property price register I come across a house sold with two ** after the sold price.

These asterisks refer to ** - Denotes Not Full Market Price.

My question is under what circumstances is a property sold for less than the market price? Between family members, NAMA or.......?

Do these properties generally come to market?

Thanks!


Top
 Profile  
 
 Post subject: Re: Property Price Register
PostPosted: Fri Nov 03, 2017 6:50 am 
Offline
Under CAB Investigation

Joined: Mar 14, 2013
Posts: 1925
Maximum Attack wrote:
Hi All,

New to the forum so hoping some of the old hands can answer this question for me.

Every so often when I check the property price register I come across a house sold with two ** after the sold price.

These asterisks refer to ** - Denotes Not Full Market Price.

My question is under what circumstances is a property sold for less than the market price? Between family members, NAMA or.......?

Do these properties generally come to market?

Thanks!

Sale to family member or marriage break up when one party buys the other out

_________________
An increase in the number of paupers does not broaden the market. M. Kalecki


Top
 Profile  
 
 Post subject: Re: Property Price Register
PostPosted: Fri Nov 03, 2017 10:36 am 
Offline
Migrant

Joined: Oct 20, 2017
Posts: 2
werpen wrote:
Maximum Attack wrote:
Hi All,

New to the forum so hoping some of the old hands can answer this question for me.

Every so often when I check the property price register I come across a house sold with two ** after the sold price.

These asterisks refer to ** - Denotes Not Full Market Price.

My question is under what circumstances is a property sold for less than the market price? Between family members, NAMA or.......?

Do these properties generally come to market?

Thanks!

Sale to family member or marriage break up when one party buys the other out


Thanks for your reply, much appreciated.


Top
 Profile  
 
 Post subject: Re: Property Price Register
PostPosted: Fri Aug 10, 2018 7:20 pm 
Offline
Single Home Owner

Joined: May 21, 2017
Posts: 131
Is the Price Register reliable?

Today's IT points to inexplicable discrepancies between the sale prices for Garda Stations, as announced in Dail Eireann by the Minister for Finance, compared to the Property Price Register.

https://www.irishtimes.com/news/politic ... -1.3591196

Here's a notable example:
Quote:
Lauragh Garda station in Co Kerry was, according to information provided by Mr Donohoe, sold on February 16th, 2016, for €115,000. Yet the figure recorded on the Property Price Register was €50,000.

Jamie Bingham whose family own the Derreen Estate near Kenmare which bought the property, said he could not explain the discrepancy. “I have no idea why that might be,” he said.


ConfirmIng the IT report:
https://propertypriceregisterireland.co ... nd-248041/


Top
 Profile  
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 4 posts ] 


Who is online

Users browsing this forum: Google [Bot] and 4 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum

Jump to:  

Click for Latest Posts LATEST POSTS Click for Forum List FORUMS   

Follow, Retweet @dailypinster

  

Pyramid Built, Is Better Built!