Offer to purchase question

They added the initiation fee to the total bond amount. On the original bond offer it says I can choose to pay it upfront. Do I just phone them and ask them to use the money I transfer in to pay the initiation fee?

More importantly, what did you signed for. As that instruction was given to the bank. Its so important to KNOW what you are signing for, and how you instruct the bond attorney's.
 
Do NedBank offer FlexiBonds (bonds where the paid money will be available for use)? At what point do we need to request the bank for the bond to be Flexi? I accepted the quotation and the BO said the attorneys will contact me within 14 working days.
 
Do NedBank offer FlexiBonds (bonds were the paid money will be available for use)? At what point do we need to request the bank for the bond to be Flexi? I accepted the quotation and the BO said the attorneys will contact me within 14 working days.
I think access bonds are pretty standard from all the banks
 
I have the bond account number only. Do I just transfer money in from any account as if it's a normal Absa account?

I don't have access to the bond on my app yet because I have to do a special power of attorney to get it.
 
I have the bond account number only. Do I just transfer money in from any account as if it's a normal Absa account?

I don't have access to the bond on my app yet because I have to do a special power of attorney to get it.

Correct. Its just another account.

I would say test it, do a straight transfer of only R50 for starters
 
So, we lodged on monday,
All the paperwork etc is in,

Last night our estate agent told us it should all be done by friday/monday


thats hella quick, My wife complains about my speed, I think they beat me

We got offered occupation from 1sept as the owner is in a bind, but we declined cause , well...I dont wanna pay him for rent, currently im living almost free

now this speed? I think they greased the right palm somewhere
 
So, we lodged on monday,
All the paperwork etc is in,

Last night our estate agent told us it should all be done by friday/monday


thats hella quick, My wife complains about my speed, I think they beat me

We got offered occupation from 1sept as the owner is in a bind, but we declined cause , well...I dont wanna pay him for rent, currently im living almost free

now this speed? I think they greased the right palm somewhere

Congrats! what rate did you get? I got prime - 0.85 from Nedbank. Transfer attorneys appointed by the seller haven't even contacted me yet.
 
+.6 :(

young marbro and his wife didnt always make great choices. Nedbank is also the only one that approved. We needed a 105%
 
Went to sign transfer documents for our new house at the lawyers yesterday and busy arranging COC's at our current house, the ball should start rolling quicker now that we are 3 months out from planned transfer :cool: We did get the lawyers 'invoice' yesterday which needs to be paid, sonofabitch...

Electric fence COC is done, busy with gas and electrical and off to sign paperwork for the sale of our house this Thursday with just under two months until planned transfer of both properties.
 
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