Offer to purchase question

Tman* said:
I have been renting out 3 SA properties whist living in the UK.

Its very stressful and time consuming having to live 2 lives in different countries. Sure the rent income is nice, but its not worth it, unless you have a trusted agent / friend / family that can actively manage the property for you.
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yes that's for sure.
 
Tman* said:
I have been renting out 3 SA properties whist living in the UK.

Its very stressful and time consuming having to live 2 lives in different countries. Sure the rent income is nice, but its not worth it, unless you have a trusted agent / friend / family that can actively manage the property for you.
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why not rather sell the property in South Africa and buy something in the UK? at least you will have more control
 
If I may ask something, about home loans.
if FNB bank says they wont match the rate of another bank but their rate is competitive due to

“50% discount on your bond registration cost (excluding disbursements)”

Is this true or are they just giving me a sales pitch?
this discount is it available on any bank or just FNB?
anyone know what kind of savings this entails?
 
Moepa said:
If I may ask something, about home loans.
if FNB bank says they wont match the rate of another bank but their rate is competitive due to

“50% discount on your bond registration cost (excluding disbursements)”

Is this true or are they just giving me a sales pitch?
this discount is it available on any bank or just FNB?
anyone know what kind of savings this entails?
Click to expand...
Sales pitch, what is the difference in rate the other bank is giving you?
 
Moepa said:
If I may ask something, about home loans.
if FNB bank says they wont match the rate of another bank but their rate is competitive due to

“50% discount on your bond registration cost (excluding disbursements)”

Is this true or are they just giving me a sales pitch?
this discount is it available on any bank or just FNB?
anyone know what kind of savings this entails?
Click to expand...

Most banks offers this (to get you as a full package client, as in move banking).

If you put FNB on terms and show them another rate, they will review it. If the “system” says they wont make much money out of you, they clearly can see someone who is playing banks up to get the best rate.

If you bank with FNB, and you show an offering from another bank, they would gladly review (to keep you as a client).

Thats my honest 2c
 
zerocool2009 said:
Most banks offers this (to get you as a full package client, as in move banking).

If you put FNB on terms and show them another rate, they will review it. If the “system” says they wont make much money out of you, they clearly can see someone who is playing banks up to get the best rate.

If you bank with FNB, and you show an offering from another bank, they would gladly review (to keep you as a client).

Thats my honest 2c
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Actually thats what I did. Had a better offer from another bank and showed them.
they claim they have a better rate as you get ebucks and this 50% discount
 
Moepa said:
Actually thats what I did. Had a better offer from another bank and showed them.
they claim they have a better rate as you get ebucks and this 50% discount
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If you bank with FNB and they cant give you the best rate of all the big banks ... it says your credit scoring to make debt is very negative, or the bank maybe wrote off debt!

Look past the 50% of your first debit order as its capped at R6000, but also the saving of 50% bond fees
 
zerocool2009 said:
If you bank with FNB and they cant give you the best rate of all the big banks ... it says your credit scoring to make debt is very negative, or the bank maybe wrote off debt!

Look past the 50% of your first debit order as its capped at R6000, but also the saving of 50% bond fees
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Thanks
 
Welp.

Just accepted an offer on our current house. Happened astonishingly quickly. Listing went up 2 weeks ago, had 8 viewings by appointment and received 2 offers.

Accepted offer was 3.5% less than our listed price but unfortunately subject to finance and sale of buyers property. Now the wait begins.

Still need to put an offer in on a new place but we have 2 we're interested in. The one we love will be a long shot though but it's been on the market for some time.
 
Arzy said:
Welp.

Just accepted an offer on our current house. Happened astonishingly quickly. Listing went up 2 weeks ago, had 8 viewings by appointment and received 2 offers.

Accepted offer was 3.5% less than our listed price but unfortunately subject to finance and sale of buyers property. Now the wait begins.

Still need to put an offer in on a new place but we have 2 we're interested in. The one we love will be a long shot though but it's been on the market for some time.
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Nice! Which area is your house that you are selling?
 
RedViking said:
Anyone knows how it works getting a loan for a 20 hectare "farmland"?
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you won't need a loan just wait for it to be given to you for free. land expropriation and remember to build something on it so it cant be taken away from you
 
Neuk_ said:
Transfer of our current house was lodged earlier this week and transfer of our new house was lodged today, so now we wait...
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We are now officially 'homeless', our current house has been transferred in to my BIL's name as of earlier today, now to squat here and wait for our new house to be transferred in to our names.
 
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