Offer to purchase question

vipermagi said:
Its a batchelors flat at the back of someones house. I have my own entrance and fence but the title deed only includes the physical structure not the yard itself. So what happens when I purchase sectional title on someone elses property. The link earlier (thanks) indicated we need a exclusive use agreement for commons area (my garden)
Click to expand...

Something does not sound right here.

If have your own erf number and Title Deed then the parent property must be sub-divided into two and it sounds like this is not the case.

I don't think that this is a sectional title scheme.

It sounds more as if you are buying a right to occupy the bachelor flat and that will be contained in a Notarial Deed of Habitatio. If so, then don't pay any money to the people as this right is not transferable, you won't be able to sell that right. This right will also have a time limit.

You can ask here or PM me if you need assistance.
 
Friggs said:
Our papers made it to 'Examiner level 3' this morning.

@APoc184 For interest sake, it took 4 days to get assigned to someone but from there it's been moving through the process (looks like 2 days per examiner so far and apparently the last one is quicker):

View attachment 934020
Click to expand...

Your transaction should come up for registration by latest Tuesday, hopefully the Bond and Bond Cancellation attorneys have all their bank consents in place, then registration Wednesday.
 
bokka1 said:
Your transaction should come up for registration by latest Tuesday, hopefully the Bond and Bond Cancellation attorneys have all their bank consents in place, then registration Wednesday.
Click to expand...

Thanks @bokka1, the transferring attorney said something along the lines of "Here is the latest update on the progress, I will be calling the bond attorneys now to make sure they are ready to register the day after it's completed" so that makes sense with what you said. Finally, phew!
 
Paving will make a huge difference there. As long as the levels are correct you will have the water run away from the house.

Think it will be a messy affair without paving. Always going to have dust and mud being dragged into the garage and house.

Factor the cost of getting paving done and fixing the parking issue into your offer when you make it.
 
If that's a rubber tree (ficus something or other) planted right next to the garage that's bad news. Highly invasive roots that cause mayhem many metres away from the plant itself.
 
Chinmaya said:
Good Day. Spoke to the owner and told him that we are not going for the house due to issue with parking. Please see the attached picture and kindly advise what problems it might cause during rains as there are no pavements? Will putting pavements be better? Going today evening to speak to owner as he told me that he has a solution for the entry/exit. Will keep you posted.

Snip
Click to expand...

You can always remove a bit of the garden and paves a small area so you can reverse into the garage. It would be easier than trying to always turn in wide and doing a 3 pointer
 
zerocool2009 said:
Sjoe, and my application was lodged this morning! Yeah!!!!!
Click to expand...

My story is somewhat bizarre, but it happens alot I hear. Deed documents get lost. Heard a news paper add was made end Sept.... with zero feedback.

So this morning I followed up, and was told being submitted today!

Cheers on that news I would say
 
@Chinmaya

Keen to hear what the current owner had to say about that entry/exit problem and how it can be fixed.

And if you are still interested in the property after that.
 
My property transfer receipt with SARS has now been flagged for an audit...
Apparently they might think that the selling price is not in line with the market value.

Anyone had this? How long does this take?
 
wtg said:
My property transfer receipt with SARS has now been flagged for an audit...
Apparently they might think that the selling price is not in line with the market value.

Anyone had this? How long does this take?
Click to expand...
Ag dammit. Sorry to hear.

I think it was @bokka1 who said it is never good news or a quick fix when SARS starts querying stuff.
 
Chinmaya said:
Kindly Explain.
Click to expand...
I owned a flat roof house for 14 years.
The house was amazing, except for the roof. We had endless leaks and insurance only paid the first time.
It cost us a fortune every winter.
Before I sold it, I thought I'd do the right thing and I had it professionally sealed with board and rubber (I wish I can find the pics to show you what I mean). The roof was about 300sqm and it cost R150 000 just over 3 years ago.

It sure helped with the sale price as the roof came with a 10 year guarantee.
 
Chinmaya said:
@APoc184 I went to discuss about it with the owner and his wife agreed to fix the edges of the wall. I saw some leaks in one kitchen corner and asked the owner to repair the roof. Also told the owner to repair the small small things like rising damp in the braai area and asked to make the pavements and cut the unwanted trees to make convenience for parking. This made him really angry. When I have to do all the job and I am still paying more and he does not want to negotiate what should I do. I can not pay him what he is asking and on top what I am offering I feel is worth it. After paying for the house just because we like it, I don't want to go fix X,Y,Z and if I am fixing that I need some discount on the price. Say I have to do the entre roof work for 300 Sqm is one big chunk of work.

I had all discussion with the wife which she agreed to and the moment after our meeting when her husband came back, they did not want to do anything except fixing the parking entrance.

My another issue is he advertised the land area as 700SQM and when I asked for statements I still do not have them and to me it does not look like 700. He said he has 2 other OTPs and he will take a call on that. I respect his choice as it is his house. If that one is destined to be mine will come to me and if not God has a better plan for me.
Click to expand...

Honestly, I would agree with @APoc184 on this.. Abort mission, find something else.
 
APoc184 said:
My honest opinion.
Abort mission! Start looking for a new place without all the issues.
Click to expand...
Absolutely. Buying this house would seem like a neverending story, with too many of the chapters being costly, in both money and nerves.
 
wtg said:
My property transfer receipt with SARS has now been flagged for an audit...
Apparently they might think that the selling price is not in line with the market value.

Anyone had this? How long does this take?
Click to expand...
That usually gets resolved quickly if you send two estate agent valuations.
 
You must log in or register to reply here.
Back
Top
Sign up to the MyBroadband newsletter
X