What to know
- Ask for a current transfer-cost estimate before making an offer.
- Check whether the transaction is subject to transfer duty or VAT.
- Allow for bond-registration costs where finance is used.
- Keep a cash buffer for occupation, deposits, utilities and immediate maintenance.
Important Information
The information in Fabulous Homes Insights is provided for general property education and information. Property, tax, finance, sectional-title, rental, municipal and compliance matters can differ according to individual circumstances, contractual terms, scheme rules, municipal requirements and changes in law. Where necessary, readers should obtain advice from an appropriate attorney, conveyancer, tax practitioner, financial professional, property practitioner, engineer, inspector or other suitably qualified professional.
