Buying Property

Welcome to 2017

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Welcome to 2017

…. not sure about you but 2016 was not a particularly good year for the Real Estate industry in SA. We saw the Prime Lending Rate go from 9.75% to 10.5% in the first half of the year. This, together with a couple of very negative and concerning economical and political movements put a bit of a damper on the market with most agents I spoke to reporting a drop in sales for the year.

Enough of 2016 and enough negativity over that market, the macroeconomical situation of the country and the dreaded word ….. “Politics” … blah blah blah … we have work to do and properties to market and sell.

2017 is here and we are going to “hook it” …. we are going to “hook it real good”. Stock in the Real Estate market is and always will be king! There are buyers for well priced properties. Although there are many factors that play a role like area (location), condition and specifications ….. “PRICE” will be the determining factor. If you price right, you will sell.

STEYN REALTY is serious about delivering an exceptional service to out clients being Property SELLERS, BUYERS, LANDLORDS & TENANTS. We have the experience, knowledge, marketing expertise, professional attitude and the drive to assist our clients with any Real Estate related query or assistance they might have. Where we can’t assist we will try to point you in the right direction. We have a list of professional and capable bond originators, attorneys, electricians, plumbers etc who we refer to our clients on a regular basis.

Buying or Selling Property is serious business and you need to team up with an Estate Agency who is just as serious about what they do. STEYN REALTY would love to assist you, no matter how big or small your property …. we do it all. We can also manage your rental portfolio, find, screen and place tenants on an ongoing basis.

If you are looking to Buy, Sell or Let-Out a property anywhere in the Roodepoort / Krugersdorp area or you know of someone who is struggling to sell please give us a call.

Marnus Steyn / 072 264 7806 / marnus@steynrealty.co.za / http://www.steynrealty.co.za
Juanita Steyn / 083 604 1231 / juanita@steynrealty.co.za / http://www.steynrealty.co.za

 

 

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Seller Information

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SELL THROUGH STEYN REALTY

I recently posted this article on our website in an attempt to notify sellers and future property sellers as to the potential pitfalls / costs when selling.

Just in the case of purchasers who need to do their homework before buying, making sure they are credit worthy and what they can afford, Sellers also need to do their homework ….

While touching on a couple of other issues, the article aims to outline most of the potential costs that Sellers may be responsible for during the sales and registration (transfer) processes. It covers the following:

  1. Avoiding Penalty Interest
  2. Bond Cancellation Costs
  3. Compliance Certificates
  4. General Condition of the Property and
  5. Nomination of the Transferring Attorney Firm.

You can read the article by clicking on the link below.

CLICK HERE

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For any sales or rental related queries or to get your property listed in the Roodepoort, Ruimsig, Wilgeheuwel, Little Falls, Constantia Kloof and surrounds …. please contact!

Marnus Steyn – 0722647806 / marnus@steynrealty.co.za

Juanita Steyn – 0836041231 / juanita@steynrealty.co.za

http://www.steynrealty.co.za

 

Where is TIME going …?

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August 2016 …. 5 months into our own business and more than 11 years in the Real Estate Industry and here we are …. still going “strong”.

PROPERTY

During the last 5 months we have done a fair amount of transactions ranging from R 2 000 000 to R 500 000 but we need more, much more. We pride ourselves on being pro-active when it comes to marketing and advertising of our stock, technology and the quality of our service, feedback, knowledge and professionalism.

Buying or Selling property is a massive decision and we take it very seriously. We have the necessary knowledge and experience in selling residential homes / clusters as well as sectional title townhouses and apartments to make sure that our clients are in good hands and get the right advice. We also offer rental procurement and management services where we offer a complete service through the TPN Rentbook and TPN Credit Bureau systems.

We get enquiries for sales and rental stock on a daily basis and we need more stock to show our buyers and tenants.

If you are at all looking to SELL or LET OUT your property, please give us a call or an email so we can assist. We cover quite a large area from Pinehaven in the West all the way along Hendrik Potgieter up to the Wilgeheuwel Hospital area in Radiokop. We are also looking for properties in Helderkruin, Kloofendal, Constantia Kloof and Weltevreden Park.

We can be contacted as follows:

Marnus: 072 264 7806 / marnus@steynrealty.co.za
Juanita: 083 604 1231 / juanita@steynrealty.co.za
Our website is: http://www.steynrealty.co.za
We are also quite busy on social media where you are welcome to follow our tips / hints / latest stock and industry related news updates and info ….

For our Facebook page ……. Click here
For our Twitter feed ……. Click Here
You can even follow us on Instagram ….. @steynrealty

We would also love to hear your views and thoughts on the SA Real Estate industry so please interact and give us you opinion.

\WE CAN HELP

 

Time to Blog

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So, I haven’t blogged about our new agency yet …… Steyn Realty.

We are happy to report that the wheels are off the ground and we are flying. We will be assisting buyers, sellers, landlords, tenants with real estate related matters, listings, advertising, marketing, selling, letting and managing in the following areas:

From Pinehaven to Radiokop including Featherbrooke, Amorosa, Ruimsig, Tres Jolie, Poortview, Honingklip, Sterkfontein, Helderkruin, Kloofendal, Weltevreden Park, Little Falls, Wilgeheuwel, Strubensvallei, Honeydew Manor, Honeydew Ridge, Allen’s Nek and Constantia to mention a few.

Have a look at our new website at http://www.steynrealty.co.za and give us call so we can assist you.

Property in SA vs The World

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How do our house prices compare against countries in the wolrd ……

SA vs the World

Here is an interesting article I found on Private Property putting it into perspective.

Click Here for Article

For any property services, marketing, selling, renting queries on the West Rand ….. contact me on 072 264 7806 or email marnus@realpro4u.co.za

Property For Sale in Helderkruin / Kloofendal, Roodepoort

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Helderkruin and Kloofendal are arguably two of the better suburbs to stay in the Roodepoort area. Close to schools and other amenities, these two areas are quiet and established with large residential stands and older but well built properties. Many of the properties have been upgraded and renovated over the years.

I have 3 residential homes for sale in these areas and any prospective buyer can contact me directly to arrange a viewing …… have a look at the following:

1. Kloofendal R 2 275 000 (Negotiable)

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This is a very neat and spacious 3 bedroom house that has also got a 4th bedroom / flatlet with its own bathroom and kitchen. What makes this house unique and adds to the value is that it has full gas and solar installations for the kitchen as well as the geysers. Loadshedding is no problem with a generator and because of the gas and solar features, the electricity bill is really low. Electricity is also pre-paid.

Other features included a study, under cover parking for a caravan, trailer and or boat, double automated garage, solar heated pool, domestic accommodation with bathroom and solar geyser, large extra Wendy House for storage, a second entrance gate at the back, a jungle-gym and lots of garden space to play.

Being a corner property, this stand is 1500m². This really is an exceptional property with so many positive features. To view this property …. click here

2. Helderkruin R 1 695 000 (Negotiable)

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Built on 1286m² stand and situated very close to the Kloofendal Nature Reserve, this property is also totally renovated. From the roof to the kitchen and bathrooms have been renovated and upgraded for a more modern but warm and family orientated lifestyle. This property has 3 well sized bedrooms with laminate flooring and two bathrooms. The kitchen has a huge scullery section witch also doubles up as the laundry with lots of cupboard space.

Three large living areas include a dining room, formal lounge and TV / Family room leading out to the pool area. Other features include a study, domestic room, outside bathroom, double automated garage, braai / entertainment area and irrigated garden.

This is the perfect home for a young couple or family where you can stay for the next 20 years …… to view this property …. click here

3. Helderkruin R 1 650 000 (Negotiable)

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Spacious comfortable living in this very neat and spacious family house. 1566m² stand, 3 bedrooms and a study (which could also be a 4th bedroom), 2 bathrooms and 3 living areas. Work-from-home possibility with some minor adjustments. If you are looking for a big kitchen where the family can get together, well then this is it. Separate scullery, double fridge and plenty of space for other appliances.

This property has a front and back garden with beautiful rock garden, grass terraces and sparkling pool. Additional features include a domestic room and outside toilet, separate side entrance, a bore hole for the garden, irrigation system, covered back patio and plenty of playing space ……

This property is a dream come true for a your couple or family looking to settle for many happy years. To view this property …. click here

For more on these properties or any other of my listings, go to http://www.realpro4u.co.za

My BC

Happy Springday!

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It’s that time of the year again …..

Pools are getting blue’er, gardens are getting greener and in general I think people are happier ….. it’s good time for Selling Property.

For any property Sales or Rentals in the Krugersdorp or Roodepoort areas, please contact me …… I can assist!!

http://www.realpro4u.co.za

sPRING

Stock – Listings available

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Stock, stock and more stock ………. Just a quick one regarding some available stock the I will be advertising for next week. Some well priced family houses in Krugersdorp and Townhouses available in Roodepoort. Small holding properties in a secure estate in Honigklip as well as some stunning estate houses in Chancliff, Krugersdorp.

For all my, and all RealPro listings please remember to visit the RealPro website at www.realpro4u.co.za

Accounts in arrears and special levies

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Q: Am I as the buyer responsible for any outstanding accounts on the property I would like to buy?

A: Sellers are responsible to settle all outstanding council, municipal and other associated accounts such as levies and special levies prior to or during the registration process. An undertaking can also be given by the Attorney firm doing the transfer, to settle such accounts from the proceeds of the sale upon registration.

As part of the registration process, the Conveyancer needs to get a council and body corporate or home owners association clearance certificate before the registration can proceed. It is important to make sure that it states clearly in the contract (Offer to Purchase) that the buyer is not liable for any of these accounts up to the date of transfer into the new owners name.

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Costs when buying a Property

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Q: Except for the bond repayment, insurance etc, what will it cost me to buy a property.

A: When buying a property, that property and the bond on the property ( there is a bond) needs to be registered. The registration (Property Transfer) is a legal process, done by an Attorney (Conveyancer) at a Legal Firm and that costs money. The two Registrations can be done by the same Firm but because most banks appoint their own Attorneys for the Bond it is more often than not two separate Firms.  Attorney Firms have clear guidelines as to the amounts they may charge for these Transfers. The price of the Property as well as the Bond amount play a big role.

For example, a R 1 000 000 property with a bond of R 900 000 will generate costs as follows:

1. Property Transfer = +/- R 28 800 of which +/- R 13 000 (Excl. VAT) goes to the Attorney Firm,
R 12 000 goes to SARS as Transfer Duty (only payable on transactions higher than R 600 000).

2. Bond Registration = +/- R 16 500 (maximum of R 5000 initiation fee included)
of which +/- R 8 600 (Excl. VAT) goes to the Attorney Firm.

So to Register this transaction you will need +/- R 45 300
including your deposit of 10% (R 100 000) you are looking at close to R 150 000.00

The above costs are not financed by the banks any more except for some cases where staff get special deals and can sometimes be financed by personal loans depending on the amount.

For more details and a comprehensive Cost Calculator click on the link below.

COST CALCULATIONS