Offer to purchase question

This is excellent information, thank you.

Interestingly a second unit has become available in the same complex at the same price.

It's very difficult to choose between them as structure wise they're identical. The second unit is a better buy financially because the floors are tiled as opposed to being carpeted, it has a swimming pool and big tiled area with aluminium louvred roof outside the sliding doors. It's also air conditioned.

but

I'm leaning towards the first unit because it's got an amazing view - can't put a price on that.
You can't add a view later
 
You can't add a view later
lil-yachty-drake.gif
 

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Anyone have any experience with a property or site with a heritage building on it?
Long long ago on the forum someone bought a place with a heritage building on it, think it was in Oudtshoorn iirc. Cant really remember the name of the poster but remember that it was a huge mission to change anything on the property
 
Long long ago on the forum someone bought a place with a heritage building on it, think it was in Oudtshoorn iirc. Cant really remember the name of the poster but remember that it was a huge mission to change anything on the property
It is a mission to change something. However I am more interested in what channels you need to go through to restore the building and replace structural features, maintaining it etc. Without adding to or altering the building. Do you need a specific "heritage certified" person to do it, or can I do it myself etc. Do you have to use specific paint etc.

I don't mind restoring it. But if only specific certified people are allowed to do it, then I am not interested.

If it needs a fresh paint or gutters needs to be fixed, Window frames replaced... do one first need to get permission
 
It is a mission to change something. However I am more interested in what channels you need to go through to restore the building and replace structural features, maintaining it etc. Without adding to or altering the building. Do you need a specific "heritage certified" person to do it, or can I do it myself etc. Do you have to use specific paint etc.

I don't mind restoring it. But if only specific certified people are allowed to do it, then I am not interested.

If it needs a fresh paint or gutters needs to be fixed, Window frames replaced... do one first need to get permission
Im speaking under correction but I think for most of the things you are going to need permission but I cant answer you on the contractor, will be interesting to know if you must use someone in such a field. I would honestly not go for something heritage, just sounds like unnecessary kak to deal with.
 
It is a mission to change something. However I am more interested in what channels you need to go through to restore the building and replace structural features, maintaining it etc. Without adding to or altering the building. Do you need a specific "heritage certified" person to do it, or can I do it myself etc. Do you have to use specific paint etc.

I don't mind restoring it. But if only specific certified people are allowed to do it, then I am not interested.

If it needs a fresh paint or gutters needs to be fixed, Window frames replaced... do one first need to get permission
You need to use lead based paint :)
 
Anyone have any experience with a property or site with a heritage building on it?

My house is over 60 years old so considered a heritage building. The architect applied for a permit to do alterations and it was granted within a couple of weeks - this was 2017.

EDIT: Not sure where she applied...
 
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And to paint it etc? Also need permission?

No, I've maintained it as normal and made all sorts of minor changes through the years. I only found out when I did HUMUNGOUS alterations that it was a heritage site, built 61 years ago.

The house looks no different from any other one in the street, this is just an old, established suburb.
 
Those with FNB home loans, did they want you to open a private client account for it? The monthly fee is outrageous, seems like it's just a way to add on more money to your repayment?
 
I have tried to keep up to date with this thread but don't have time to go through it all at the moment. We are about to put an OTP in a house, any suggestions for what to include, look out for, etc. One thing is that the garage on the property doesn't have approved plans from CoJ so we are including that as a condition...
 
My house is over 60 years old so considered a heritage building. The architect applied for a permit to do alterations and it was granted within a couple of weeks - this was 2017.

EDIT: Not sure where she applied...

We had to do the same before we renovated as our house was built in 1949 and we planned to renovate in 2018. We had to apply to PHRA-G first before submitting building plans to CoJ...

 
Those with FNB home loans, did they want you to open a private client account for it? The monthly fee is outrageous, seems like it's just a way to add on more money to your repayment?
No.

I believe the reason they want to get you to open a private client account is to get an additional discount on your interest rate.

You will typically get a main banked discount and then an additional discount if you on private hence why them suggesting such. If you opt not to you'll only get a main banked discount.

I remember something like that when I got my FNB Home Loan and opted not to be on private as I had to do the calculations to make sure if it was financially beneficial to me based on the additional monthly cost
 
No.

I believe the reason they want to get you to open a private client account is to get an additional discount on your interest rate.

You will typically get a main banked discount and then an additional discount if you on private hence why them suggesting such. If you opt not to you'll only get a main banked discount.

I remember something like that when I got my FNB Home Loan and opted not to be on private as I had to do the calculations to make sure if it was financially beneficial to me based on the additional monthly cost
In these Ts and Cs they stipulate that it must be paid from a private client fusion account/cheque account/ single facility to get the main banked discount
 
Those with FNB home loans, did they want you to open a private client account for it? The monthly fee is outrageous, seems like it's just a way to add on more money to your repayment?

Nope. It all depends if the value you get are better. Higher packages have perks for guaranteed lower rates
 
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