If you would
like to receive
I have found the property
I want to buy it, what is next?
Minimum document requirements
as required by the Financial Intelligence Act (FICA):
(2) Proof of residence.
Minimum document requirements for obtaining a bond:
(1) 3 Month bank
statement for permanent employed salaried clients OR 6 month bank statement
if self employed.
(3) Statement of income and expenses (eg. Gross salary less PAYE, insurance, telephone, fuel, groceries, school fees, etc.)
* Banks use the above information to do a calculation in terms of affordability by checking if all your existing debt repayments (e.g store cards, vehicle finance) including the new bond repayment will be less than 30% of your gross salary AND if you can afford the monthly repayment by checking if the repayment is less than your gross salary less all your expenses as provided. Banks cross check the list of expenses given against your bank statement. Any return debit orders, judgement debt or bad credit information will result in an immediate rejection.
What is the Voetstoots clause?
The voetstoots clause does not exist in its own right. It is an age-old common law antidote the sole purpose of which is to counter the effect of the common law warranty upon a seller against latent defects in the property sold. Please be aware that pre-owned properties where the buyers and sellers are private individuals, is not subject to the Consumer Protection Act and therefore no warrantees are given on the condition of properties when sold and are in most cases sold as is except for specifically agreed improvements between buyer and seller contained in the purchase agreement should they wish to specify them. Sellers are therefore still entitled to the protection provided by the voetstoots clause. Unfortunately many sellers are being deprived of this common law right to rely on this much-needed protection against latent defects by badly drafted estate agents agreements and the so-called property condition report attached to them.
Still undecided as to which property to buy?
to learn more about our exciting initiatives,
fabulous properties or to meet one of our agents.
estate agents and property professionals for
firstname.lastname@example.org on 082 796 4873 (Doringkloof Lyttelton
Die Hoewes Zwartkop Hennopspark Clubview Eldoraigne Wierdapark
Hangwi email@example.com on 072 905 7826 (Midrand Buccleauch Highveld Zwartkop Centurion Golf Estate Midrand Estates including a group of residential estates: Midstream, Midstream Heights, Midfield, Midlands, Midstream Ridge, Midstream Hill, Midstream Meadows and Retire@Midstream Heuwelsig Estate Heuweloord Rooihuiskraal)
firstname.lastname@example.org on 081 412 4306 (Stoneridge
Free monthly property bargain newsletter
Where do I get a bargain property? Information is key! Know on-the-day when a new property is listed for rental and for sale.
Bargain units go fast. Some investors buy off this list only.
Please send us your email address to email@example.com?subject=I would like to receive...
By subscribing to our newsletter, you'll be the first to know when a new property is placed on the market.
Find out before other buyers!
Benefit from buying or selling your home through Centurion
Real Estate in Centurion.
Call Centre Numbers 012 661 5144 012 661 3685 012 661 2102
We place a strong focus on safe
and secure properties in various security estates.