Buying a property: The most common questions property buyers ask

Buying a home can be a roller-coaster experience: it is a thrill to visit properties on sale and to look for the dwelling that makes your heart skip a beat. However, it is also an intimidating experience with tonnes of paperwork! Besides signing serious, binding contracts, you may need to make large financial commitments for many years to come and separate with some hard-earned cash. If you are thinking of kicking off your house-hunt, you may have many questions occupying your thoughts. Here are the answers to a number of common questions that you may also have:  

Q: What home can I afford?

You may dream of one day owning a villa on an exotic island, but in reality you may not be eligible to afford such an amazing villa just yet! Your current amount of cash in hand, your monthly income or joint income with your spouse, as well as your current financial obligations are what determines your affordability.

If you don't have the cash available to do an outright purchase, you need to know that banks calculate the bond amount you could qualify for on about a third of your gross monthly income – in other words, what you get in total before you pay taxes, your medical and other insurance, pensions and so forth.


They then look at your nett monthly disposable income, after all deductions were made. For instance, if your gross monthly income is R30 000 per month, the banks will allow you to spend approximately R10 000 per month on a mortgage loan or a bond repayment but only IF your other expenses can accommodate it. 

You may look online for a bond affordability calculator to help you determine the figure the banks may potentially approve. Alternatively you may contact a bond originator to assist with pre-qualification for a home loan. This will give you a very good indication, but remember that the bank has the final say on availability and may include other factors not considered by the bond originator's estimate.

Please note: a poor credit rating will negatively impact your bond application.  Don't think you can hide anything - it will be exposed!

Since your affordability drives the entire home-buying transaction, it is wise to determine your affordability prior to embarking on a house-hunt. Pre-approval will guide you toward looking only at properties you can afford and limits the chance of disappointment when all the banks reject your bond application on the most fantastic, stunning home that you just cannot afford.

Q: May I buy home and sell my current house at the same time?

Yes, you may if you are sure you can afford the consequences if things do not work out as planned.

On the one hand, buying a home before your current house is considered sold, may potentially overextend you financially, having to pay the mortgage, rates and taxes and maintenance of two homes simultaneously. On the other hand, if you sell your current home before you buy another, you may have to rent a home temporarily, until the new transaction is completed successfully. If you are sure about buying a new home before your current home is sold, it is possible to sign an  Offer to Purchase contract with "suspensive conditions." This means the sellers have not only granted you the right to purchase their property, but also accepted your conditions by signing the Offer to Purchase.  The owner will be aware of the condition that the Offer to Purchase depends on your ability to sell your existing home first and may put an expiry date on it. This will enable you to back out of the contract if your current home does not sell in time, but may also mean you may be forced to accept a lower price for your property to make the deal work, if you really want the new property. 

Unfortunately, sellers seldom agree to accept offers with suspensive conditions, especially if they know their property was priced correctly, was in great condition and in a superb location. 

NOTE: Before you do decide to sign an offer with "suspensive conditions", read the contract really well and make sure you understand what it means and what would be expected of you. A contract is binding and not a matter to enter into lightly. 

Q: How many homes should I see before making an offer?

It really is up to you, but finding a home is a strenuous exercise! It may be good to compare a few properties to get to know the local market and the value attached to a certain type or size of property.  However, if you want to streamline the process, it can help to really hone in on a particular neighborhood you're keen on based on your own key criteria; that said, if you feel limited by your options, it may be time to expand to surrounding areas.

Q: What do you think the seller will accept as a fair price?

To offer a few percent less than the asking price of a market-related priced property, is still fairly acceptable, but if a home is priced correctly, offering less than the asking price may proverbially be shooting yourself in the foot because you may lose your dream home if the seller rejects your offer. Also, a lower selling price may benefit your pocket in the short term, but may negatively impact house prices of homes in the area including your future resale price as the selling price is reflected in the Deeds Record. 

However, if a house has been in the market for months on end, you can safely venture below the asking price since the market rejected the asking price as is. You will never know how low a seller will accept, but if the sellers are eager to sell, you may just get lucky and purchase a bargain. 

Q: How do I know if the property is a good deal?

While it may be challenging to determine whether the home you are interested in buying is a bargain or not, researching prices of similar houses currently on the market, will certainly give you peace of mind. There are a number of ways to research property prices: check the main online property portals for the area you want to buy in. Read the advertisements properly and compare yard size, size of the property, rates and taxes and levies to be paid with similar properties such as the one you are considering to purchase. You may also ask your real estate agent whether the property is being offered at a market related price. 

Q: Is there a cooling-off period when I signed an Offer to Purchase on a property? 

Section 29A of the Alienation of Land Act 68 of 1981 applies only if the purchase price of the property is R250 000 or less. This means there is no way to back out of an Offer to Purchase unless the suspensive conditions are not met. For instance, an offer may be subject to the written approval of a mortgage loan by a financial institution, in which case you, the purchaser, are expected to pursue all reasonable sources of mortgage finance and to do everything necessary to procure the granting of the loan. Any non-compliance by the purchaser to pursue all reasonable forms of mortgage finance, will constitute a breach of contract which will entitle the aggrieved party to claim any damages they may have suffered as a result of the breach. 

You are advised not to take the signing of an Offer to Purchase lightly. Most often there is no cooling-off period when purchasing a home, as most houses are sold above R250 000.

Contact Alta, The Property Match Maker, from SEEFF, if you want to buy or sell property in Centurion, South Africa. 

She has a wealth of knowledge and delivers service excellence with flair! 

Mobile: 071 758 0996

alta.nel@seeff.com

https://altanel.co.za

#ALTANEL

What to look out for when house-hunting for your next home

Looking at potential properties to purchase, is quite the adventure! However, there is more to house hunting than you may think...

When you view a home for the first time, it is important to hold your horses, and not to get carried away or too over-excited with what you observe. For sure you should allow yourself to feel your potential new home's vibe, but keep the following in mind before you sign on the dotted line...

• Does the property match the advertisement you saw and responded to?
• Is the location within easy reach of good schools, a hospital and main access roads?
• Does it meet the immediate requirements as well as those within the next 7-10 years?
• Do you know what the permanent fixtures and fittings in the home are? 
• Do you know what plants, pots, special light fixtures or fountains etc. the owner plans to remove when he vacates the property? 

• Do you see or smell damp?
• Did you check the water pressure by opening taps and flushing the toilets? Are the sewage lines not blocked?
• Did you determine where the electrical sockets in the home are and what condition they are in? Sure, the electrician will check and certify the electrical installations, but it remains a good thing to verify the condition for yourself for obvious defects also.
• Did you ask your real estate agent for a list of latent defects for the property that informs you of matters that may need attention, such as a leaking roof or a cracked wall?  The scope of this latent defect list will assist you in your decision to make an offer on the property or not.    

• Is there enough secure parking for yourself and your guests?
• Did you determine the noise level in and around the property? 
• Did you inquire about the neighbours? Are they perhaps noisy? Do they perhaps park on other people's drive ways? Do they keep their yard clean? 

House-hunting sure is exciting! Have fun with it! Beware however, not to make a hasty, impulsive decision when deciding to purchase a home without checking the above pointers, at least. 

While the checklist is very useful to identify potential nightmares, the good news is that all houses are not in bad shape. There really are well-priced, well maintained gems in the market that meet your requirements that you had better buy when you find them! Those ones do tend to FLY off the shelf very quickly... 

Contact Alta, The Property Match Maker, from SEEFF, if you want to buy or sell property in Centurion, South Africa. 

She has a wealth of knowledge and delivers service excellence with flair! 

Mobile: 071 758 0996

alta.nel@seeff.com

https://altanel.co.za

#ALTANEL

10 Possible Reasons Why Your Home Does Not Sell

1. Your House is Overpriced 

Buyers are well informed nowadays. Gone are the days when  buyers were unable to compare prices in specific areas and pay too much for a property due to their ignorance.

Today, buyers make informed decisions while browsing online. Ever so often, buyers have already made a decision to buy a house, even before viewing it in person!

As a complimentary service to my clients, I compile a comparative market analysis (CMA), before sellers put their property on the market. Together, with the CMA in hand, we discuss the price homes recently sold for in the area and determine a good estimation of what a reasonable selling price for their property will be. 

Still being too emotionally attached to your home when you decide to sell it, may cause you to insist on a unreasonable selling price which will leave your house on the shelf, while others in the area fly off it. 

2. You Recently Bought The House

Homes repurchased or refinanced within the first seven years of owning the property aren’t likely to sell in the current market. Buyers are more likely to buy a home that has been occupied for more than seven years. 

Owners of homes bought less than seven years ago, are often not negotiable as they are unable to accept the discounted price a buyer may offer, due to bond obligations. 

3. The Market is a Buyer’s Market

A Buyer's market is a market that is flooded with homes that are for sale and buyers have the luxury of choosing which house they want.

In a buyer's market, a seller can expect their home to stay on the market for longer due to the tough opponents it has in the market.

In a buyer's market, owners can expect to receive less and lower offers, because buyer's aren't desperate to obtain a specific property.  

Home owners need to be patient and price it right from the start! This greatly improves the likelihood of your home being sold.

4. The House is Too Personalized

Sure, we all personalize our homes while we live in them, that is what makes house a home, right!  However, when you decide to sell, you need to depersonalize it from the get go. 

Too many family photos on the walls, or a large number of hunting trophies in your bar area, or  and all the beer glasses from accross the globe are aspects that prevent potential buyers to envision themselves living in the home.

Please note: once it is put on the market, it is no longer YOUR home, it is A home buyer's want to imagine themselves living in...huge difference! 

Remove and store your personal items temporarily. Buyer's rarely have the same idea you had for your home and presenting the property as neutrally as possible is your best bet. 

Keeping the home clutter free and tidy while it is on the market, will also assist buyers to make a favourable decision on your property.

5. The Seller is Rigid with Showing Times

When you decided to put your home on the market, it may be a good idea to set your high desire for privacy aside. For the period buyers are invited to buy the property , it is best to be as flexible as possible although it may become challenging at times. 

Sellers who are rigid with the times when potential buyers may view their property, stand a chance of losing potential buyers due to the inflexibility. Unfortunately buyers are often impulsive and contact realtors anytime of day/night to arrange viewings. Being  uncompromising as a seller, only jeopardizes the opportunity to sell your property. Your realtor need to act fast and depends on your flexibility to get the job done. 

Please note, an inflexible seller = a house that does not sell fast =  a lower the selling price in the end. 

If you decide to sell your house, you are advised to get it out of obscurity. Let buyers view it! Then buyers will buy it!  

6. The House is Located in a Less Desirable Area

Living next to the bottle stoor or next to a busy high way is not something you can alter. It is what it is. However, in the world of real estate it is always about location.

If your house is in a less desirable area it can still sell if it is priced correctly. Houses like those are sold every day! 

However, make sure you are open about the pro's and con's of living in that area. Being open about both the good and the bad of the location, will get you much further with a buyer, than trying to hide the challenges of the area.

 8. The House is in a Poor Physical Condition

If your home is in serious need of a coat of paint or a proper yard cleaning, it may be the reason why your home does not sell. 

Sure,there are buyers looking to buy a fixer-upper, but most buyers want to purchase a ready-to-move-in property. 

When house hunting, most potential buyers prefer to examine the structure of the property. If they notice any major damage or see damp on the walls or sagging ceilings with brown water marks on it, they start calculating how much lower they must offer you ( if they will make an offer at all), in order to get those things fixed at your cost and not at theirs. 

My advice to you is, to constantly keep your hand on your property. Fix the chips on the walls or the small leak from the roof, as it appears. Thereby the repair costs remain minimal and affordable and your house stays in tip top condition at all times.

 7. Listing with Poor Estate Agents

Being listed with every estate agent in the area may JUST be the reason why your home does not sell. Estate agents are everywhere to be found, but they are certainly not all equally competent. Please be aware that listing with too many or poor estate agents, could result in huge delays in the sale of your house and actually lower your final selling price. 

Be sure to list with a reputable company, such as Seeff.  Seeff has been in the industry for many years and are known for their well trained estate agents. Seeff has been a front runner the 1960's  and is still one of the companies holding the largest market share in South Africa. 

Be aware of untrustworthy and incompetent agents who are more likely to lose potential buyers with their pushy or scaly tactics.

Remember, an estate agent's work does not end once the offer was signed. You want to be confident that your agent is capable of handling the work load required after the contract was signed!   A contract can easily fall through or lengthen the amount of time it takes to sell a house if the agent is incapable of handling the process that follows after signatures were put on paper. 

A chain is only as strong as its weakest link. One link can cause the entire chain to collapse, leaving you as the seller, back at square one.

9. Bad Odours are Off-Putting

Homes that smell like strong curry or onions or pets are really off-putting to potential buyers.

If your house is on the market, be sure to take extra care with objects that can cause odours and eradicate any strong ones in and around the house soonest.

Consider having your couches and carpets freshened up prior to putting the dwelling on the market and scrub and scent the bathrooms regularly to ensure no bad stenches hang around to disgust the buyers.

On the other hand, the aroma of fresh peculating coffee or the smell of bread baking in the oven during the viewing, is very homey, soothing  and pleasing and may just propel your property right to the top of the potential buyer's list. :)

10. The House is Not Temperature Controlled 

Be very aware of the season in which you are selling your home. There is no reason why a property will not sell on the hottest summer day or the coldest winter morning. What matters is your awareness of the temperature of the day on which a potential buyer is viewing your property.

Turn up the air conditioner if the day is a scorcher or turn on the heat if the temperature is at a record low, before the viewing. Ensure the interested buyer finds your home temperature pleasing or refreshing, whatever the need of the day may be.

When a buyer feels cozy or refreshed when entering your property, they will be more likely to spend more time in it and even make an offer. On the other hand, if they feel uncomfortable with the temperature of the home, they tend to rush the viewing and move on to next property on sale.

May the tips above assist you to get your home sold, FAST!

Contact Alta, The Property Match Maker, from SEEFF, if you want to buy or sell property in Centurion, South Africa. 

She has a wealth of knowledge and delivers service excellence with flair! 

Mobile: 071 758 0996

alta.nel@seeff.com

Website: altanel.co.za

 

What happens once I have signed an Offer to Purchase?

What happens once I signed my Offer to Purchase?

Buying a home can be a challenging experience if you are unsure what to expect. 

PLEASE NOTE: the purpose of this post is to inform only. If you need more detailed information, contact your local conveyancer. 

Once the Offer to Purchase was accepted by the seller, the buyer may have a couple of weeks to acquire a bond, in case it is not a cash transaction, as most purchases are subject to bond approval. As soon as the buyer obtains bond approval, the seller instructs his attorney to attend to the registration of transfer of the property to the buyer's name at the Deeds Office. This however, could take a few weeks to complete...

What documents are required to purchase a property? 

The transfer attorney will gather the following before lodging a transfer of registration at the Deeds Office:

• The payment of the buyer's deposit, if there is one.
• Guarantees from the bank offering the bond to the purchaser that the outstanding amount will be paid on the registration of transfer.
• A clearance certificate from the local municipality as well as the Body Corporate (if applicable) that all outstanding fees associated with the property are paid in full
• A Transfer Duty receipt from SARS
• Signed offer to purchase and FICA documents from both the buyer and the seller
• Consent from the seller's bond holder, that their current bond may be cancelled. 

Once all of the above is in place, the attorney may lodge the instruction in the Deeds Office for registration. On the date of registration, the buyer will officially becpme the new owner of the property. 

How long does the registration of property transfer process take?

Currently the transfer process takes 6-8 weeks from the instructions are received to completion of registration.

What can a buyer do to speed up the registration of property transfer process? 

• As soon as the seller accepts the Offer to Purchase, the bond application process needs to start immediately. Time is of the essence. If you fail to provide proof of a bond in the stipulated period, the process may terminate and you may lose the property. 
• Provide FICA and other documents to your estate agent, bond originator, transfer and bond registration  attorneys as promptly as possible.
• Ensure your Income Taxes are fully paid to date at SARS.
• Understand all the costs that are payable by you, the purchaser: You are liable for the cost of the Transfer Attorney as well as that of the Bond Attorney. Ask you conveyancer or estate agent for an estimation of the required costs upfront so that you can make provision for it. Note: these costs need to be paid in cash. It is not included in your bond. 
• If you are uncertain about any matter in this regard, discuss it with your estate agent or Transfer Attorney. 

What else should a buyer know?

• The offer a buyer makes to a seller is a binding contract. Ensure you fully understand the conditions of the contract before you sign the offer. If anything is unclear, you should ask your estate agent or Transfer Attorney to explain it before signing.
• You will receive the keys to the property upon taking occupation of the property. If this happens before registration at the Deeds Office, you will be liable for occupational rent payable to the seller.  However, if the seller needs more time after registration, you could receive occupational rent instead. If you receive the keys upon the date of registration, the property is yours and you become liable for payment of the rates and taxes, the bond, utilities and the maintenance of your new home. 

Contact Alta, The Property Match Maker, from SEEFF, if you want to buy or sell property in Centurion, South Africa. 

She has a wealth of knowledge and delivers service excellence with flair! 

Mobile: 071 758 0996

alta.nel@seeff.com

https://altanel.co.za

#ALTANEL

Five Symptoms That Indicate Your Property Is Overpriced

Having a property that just does not sell is incredibly frustrating! You have employed 10 agents to do the job, but the buyers are nowhere to be found. Why is this? 

Just like every parent believes their child is extraordinary, home owners often also believe their property is the best home on the market and should therefore justifiably be sold at a higher price. Unfortunately, it doesn’t always work that way and often home owners wait for months or years before the property finally sells - if at all.

In the current buyers' market, the risk of an overpriced home isn’t simply that you won’t get your asking price – there is also a risk of potential buyers that never even get drawn to view the property. An unreasonable price often stigmatizes the property and causes potential buyers to simply pass it by.

Soon after a property is listed on the real estate portals, major activity occurs around the newly listed property. This initial hype slows down after the first month and within three to six months, the property becomes an old listing that gets filed along with the other forgotten properties in the junk drawer.

Just because owners may have had a thing for exquisite showers and spent thousands of rands to install them in all bathrooms, does not mean a house will sell for R100 000 more than the neighbour's house. It has been proven time and time again, that a property's value is determined by the market, not by an agent, nor any other individual. It has nothing to do with how much the seller paid for the house a number of years ago or how much he is hoping to profit from the house, but driven purely by similar recent sales in the immediate surrounding area.

Five Symptoms That Indicate Your Property Is Overpriced

Your home is priced well above your neighbours' properties.

The first thing estate agents do before they recommend a price to a seller, is to look at the sales prices of the last three sales of comparable-sized homes in the neighbourhood. Be sure to get the opinion of two or three reputable agents and decide what a suitable price tag for your house will be. Over-capitalization also has the unfortunate consequence that the value of additions just does not get reflected in the final sales price and often is picked up at a bargain by a savvy buyer.

After being on the market for three months or more, you have not received any offers.

Although some prestigious, high-end homes often stay on the market for long, others should get a lot of interest in at least the first four weeks if they are reasonably priced. If the buyers perceive your property to be priced correctly, you may receive a number of competitive offers to purchase in a relatively short time frame.

You accepted the recommendation of the estate agent who valued your property at the highest price and expected other agents to market it for the same price. You hardly ever hear from the agents and are left in the dark about the progress made.

Realtors seldom work on a property that is overpriced. They may list it and then forget about it. Firstly, because they know they will not get any strong interest in their advertisements, and secondly, simply because they know that their chances of selling the property at an inflated price, are slim. You are advised to speak to agents from a couple of reputable companies before choosing who you would like to represent you. Furthermore, if you consistently hear some agents indicate a price that seems lower than what you expected, it most likely is the correct price. Estate agents from a company such as Seeff, are trained and experienced in proper market analysis and are also familiar with real estate activities in the market.

There aren’t any scheduled viewings. 

Immediately after a property is exposed to the market, there should be at least a handful of appointments with potential buyers who want to view the property. If this is not the case, it possibly indicates that buyers scanning the web are finding enough other similar properties in the area at a lower price. You are advised to adjust the price a little if there has been no viewing in the first 4-6 weeks. At this point it is not yet too late to reduce the price. However, it is important to reduce it as soon as you become aware of these symptoms, if you hope to keep potential buyers interested.

No real interest is shown by walk-ins during an Open House / Show day. 

You leave your home Sunday after Sunday while one after the other agent puts it on show, yet walk-ins never show much interest after hearing the asking price. Remember, the market (the buyers) determine the price of a property. Be a fast learner! Test the market- no results!-adjust the price and get it sold... If you notice one or more of the symptoms described above when trying to sell your property, you are advised to revisit the pricing of your property with an experienced estate agent, from a reputable company such as Seeff. Seeff has been in the real estate business for over 60 years and covers most areas in South Africa and even selective areas abroad.

An experienced area agent will always be able to advise you of the market trends in the area. You may be surprised, but sometimes a relatively small adjustment results in a sudden flood of activity, as buyers suddenly bring you multiple offers. And no, this will not be because your property is priced too low! It will be because your property, is perfectly priced.

Contact Alta, The Property Match Maker, from SEEFF, if you want to buy or sell property in Eldoraigne, Centurion, South Africa. 

She has a wealth of knowledge and delivers service excellence with flair!  

Mobile: 071 758 0996 

alta.nel@seeff.com
Website: altanel.co.za

What costs are the seller of a property liable for?

Before you decide to sell you home, it is important to know what costs you, as the seller, will be liable for. Understanding this will assist you to determine your estimated proceeds from your property. This is particularly important when your intention is to acquire another home with the proceeds of a sale.

PLEASE NOTE: THIS IS SHARED FOR INFORMATION PURPOSES ONLY.  KINDLY CONSULT WITH YOUR LOCAL CONVEYANCER IF YOU NEED MORE SPECIFIC DETAIL.

As the seller, you are liable for the following costs

Cancellation of your existing bond 

• The bank that holds your home's deed as security for the payment of your bond, will not release theses deeds without a guarantee that the outstanding balance will be paid upon registration.
• The bank will instruct an attorney to handle the current bond cancellation on their behalf.
• The bank's attorney will charge a fee, payable by the seller, before registration.

Rates and / or Levy Clearance

• Prior to registration of the transfer of the property to the new owner, the Deeds Office will ask for proof that all your utilities are paid in full and up to date
• The transfer attorney will obtain the clearance figures from the municipality and the body corporate and home owner's association, if applicable.  

Estate Agent's Commission

• An estate agent who markets and sells your house, normally works for a fee.
• The estate agent's commission will be payable from your proceeds, on the date of registration. 

Electrical Compliance Certificate

• No transfer of ownership may take place without an electrical compliance certificate. (Occupational Health and Safety Act 1993)

• You are advised to obtain the certificate from your local electrician who will conduct thorough testing of all electrical ware on your property. You are advised to apply for the certificate once you decide to put your house on the market. This way you will have ample time to make electrical corrections beforehand, as it may become pricey if the electrician finds a matter of non-compliance and has to fix it. 

• The seller pays for the certificate which is issued by accredited electricians only.

Other Possible Charges

• Electrical fence compliance certificate
• Gas installation compliance certificate
• Entomologist reports (in certain areas)
• Plumbing certificate (in certain provinces)

What can a seller do while they wait for their property to be sold?

• Ensure all your income tax is paid in full at SARS
• Ensure your rates account is up to date
• Arrange an Electrical Compliance Certificate/gas and electrical fence certificates 
• Ensure all additions made to your property are on the plan registered with the municipality
• Calculate your estimated proceeds with the information at hand
• Discuss any uncertainties with a local transfer attorney. 

When is Capital Gains Tax payable by a seller?

Capital gains tax is payable when a seller sells an asset that exceeds R2 million on properties not exceeding 2 Hectares.

Kindly contact your local tax practitioner for more information.

Contact Alta, The Property Match Maker, from SEEFF, if you want to buy or sell property in Eldoraigne, Centurion, South Africa. 

She has a wealth of knowledge and delivers service excellence with flair! 

Mobile: 071 758 0996

alta.nel@seeff.com

Website: altanel.co.za

What Documents Do I Need When I Apply For A Home Loan?

Applying for a home loan in South Africa?  What documents will you need to provide for the home loan qualification to take place? 

Feel free to contact a bond originator or your bank directly to obtain the information required, however, for your convenience, here is a list of what documents you should gather once you want to apply for a mortgage.

(Please note: In terms if the banking sector's current lending criteria, they reserve the right to call on additional information and supporting documents. Use this post as a mere guideline.)

Documents required for salaried applicants:

• Three months' payslips - income to reflect against your bank account.
• If in receipt of a monthly allowance, the bank requires 6 months' latest payslips.
• Latest three months' bank statements - internet statements not accepted.
• If you are not a South African citizen, a copy of residence permit and work permit is required.
• Identity document
• Proof of address
• Rental contracts in respect of rental income to be used in affordability assessment

Documents required for self- employed home loan applicants (including sole proprietors and small businesses)

• Comparative financials covering a trading period of three years
• Letter from your auditor conforming your personal income
• If financials are more than 6 months old, up-to-date signed management accounts are required.
• Signed Personal statement of assets and liabilities
• Business bank statements covering the last 6 months
• Personal bank statements covering the last three months
• IT34 for the past three years
• Company/CC/Trust statutory documents
• Identity documents of directors/members/trustees

Contact Alta, The Property Match Maker, from SEEFF, if you want to buy or sell property in Eldoraigne, Centurion, South Africa. 

She has a wealth of knowledge and delivers service excellence with flair! 

Mobile: 071 758 0996

alta.nel@seeff.com

https://altanel.co.za

#ALTANEL