R 25 000
Hooker Housing Subsidy Best Renovated Rdp Houses At Affordable Prices
Property Info
Amenities
Property Description
.•𝗧𝗵𝗲 𝗦𝗔 𝗯𝘂𝘆𝗶𝗻𝗴 𝗽𝗿𝗼𝗰𝗲𝘀𝘀
-Private treaty
As you and your LJ Hooker agent negotiate with the vendor or their agent in private treaty purchases, you may be required to make a holding
-Private treaty
As you and your LJ Hooker agent negotiate with the vendor or their agent in private treaty purchases, you may be required to make a holding deposit - usually R5000.00 It is returned to you if an offer is not accepted - keep in mind that an offer itself is not binding in any way.
•𝗙𝗮𝗶𝗿 𝗣𝗿𝗶𝗰𝗲/𝗡𝗲𝗴𝗼𝘁𝗶𝗼𝗮𝘁𝗶𝗼𝗻
Once both parties reach a satisfactory figure and conditions (such as inspections or specific moving dates) are agreed upon, contracts of sale can be drawn up, exchanged and then you pay a deposit (normally 10 per cent of the full price).
You then have a cooling-off period of two business days in which you can withdraw from the sale. From there, the settlement process begins.
•𝗥𝗱𝗽 𝗵𝗼𝘂𝘀𝗲 𝗶𝗻𝘀𝘁𝗿𝘂𝗰𝘁𝗶𝗼𝗻𝘀
If you buy the rdp house there is no cooling-off period and the sale is final and binding as soon as the gavel falls. You must provide the deposit on the day, and contracts are signed and exchanged there and then.
Once you have registered to bid and won and paid the deposit, it goes into a trust account until final settlement.
•𝗖𝗼𝗻𝘁𝗿𝗮𝗰𝘁𝘀 𝗼𝗳 𝘀𝗮𝗹𝗲
This document holds all details of the SA property you want to buy, who the vendor and buyer are, as well as who any professionals involved in the process are - real estate agents, conveyancers and solicitors in particular.
It details the property price, how much a deposit will be, who holds it, as well as the final settlement date. It is crucial to get a solicitor or conveyancer to go over the contract of sale, as it can be quite a complex document.
•𝗦𝗲𝘁𝘁𝗹𝗲𝗺𝗲𝗻𝘁 𝗼𝗳 𝗦𝗔 𝗽𝗿𝗼𝗽𝗲𝗿𝘁𝘆
Once all details have been ironed out, settlement of the transaction usually takes between 30 and 90 days. At the close of this period, you transfer the remainder of the money you owe, titles are transferred, and the keys are handed over. Congratulations, you have successfully purchased SA property!
For any further questions, get in touch with the team here at LJ Hooker Read More
Location
Ext 17, Mamelodi, Pretoria, Gauteng
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