Buying or selling a property: what you need to know

Buying a new home is exciting but it’s also a big investment. You want to be sure that the property you’ve chosen is right for you and that there won’t be any unwelcome surprises along the way. We have put together a short list of what you need to know before buying or selling your property.
- An Offer to Purchase is a binding contract. It’s important that you have read and understood the Offer to Purchase before you sign it. Do you understand the clauses in the contract and are they written with your best interest in mind? Contact us first to review the contract before you sign.
- If you are selling your property, you will need some cash upfront to cover: three months’ rates and levies (sectional title), compliance certificates (electrical, gas and plumbing) and bond cancellation fees. Be sure to have funds available to cover these expenses to avoid stress and delay.
- If you are the buying a property, have you factored in the cost to you as the Purchaser? Over and above the purchase price you will have to pay the transfer duty, transferring attorney, the bond attorney for the new bond and a consent fee for levy clearances (if applicable). Our Transfer Cost Calculator will give you an idea of the costs you will need to cover.
B Lubbe & Associate Attorneys have been helping individuals and families to buy and sell property for over 21 years. Get in touch so that we can do the same for you.
Investor Homes: What are the buyers risks and rewards?
Buying a second property to rent out is an attractive prospect for those who want to generate a passive income. But what are the risks associated with purchasing a property purely for investment purposes?
Working with the right agent can mean the difference between a profitable investment or not. Your agent should be able to guide you to spot the right growth area and find the right property for the returns you are hoping for.
Top realtor, Sharon Bell, from Remax Properties is here to help. Contact Sharon on 0826501800 or sharono@worldonline.co.za for more about buying and selling your property.
Moving day is stressful. Here are some top tips to make sure your move goes smoothly.
- Don’t forget about your pets! Moving is as stressful for them as it is for you. Take your dogs for a long walk on the day to help keep them calm.
- You don’t have to pay a professional to reconnect your appliances. Take a picture of the AC power plugs and sockets of your electrical appliances so you can reconnect them yourself.
- Be sure to defrost fridge and freezer in advance to avoid risk of damage when moving (and you don’t have to deal with the mess).
Contact Goafer Mini Moves on 083 270 2441 or goafer@mweb.co.za to make sure all your belongings arrive in one piece.