· Which types of properties show the best investment returns
· Which area in which to buy and why.
· How to make your property appealing to sellers - tips that work.
· Market commentary - recession seems to be over, is it now the time to buy?
· How to buy property
· What role does interest on your bond play?
· Interesting property facts
· Getting on the property ladder...
· Why we are different
· Centurion Townhouses - Best buys
Need a home loan? Deposits
not compulsory
ABSA, FNB, Nedbank, Investec and Standard
Bank will consider approving loans up to 100% in general. Eskom
provides up to 104% loans (to include costs) to their employees.
When you are
considering lending money from the bank to buy property, a home
loan is required. Please see our
bond calculator to calculate your repayments on the price of
your desired home.
Should
you need to finance a larger % of your home, or buy a new home,
please speak to a bond consultant or email us on info@centurionrealstate.co.za,
to find out what is possible.
We can also
get a home loan consultant to come and see you should that be
required. Note that home
loan debt is still one of the cheapest forms of credit there is
in terms of the interest % charged and is seen as 'good credit'
as you are financing an asset, something that has the potential
to grow in value, unlike credit for cars, furniture, clothing
and groceries, which is seen as 'bad credit'.
In terms of
loans, banks limit loans to 100% Loan-to-value. This means the bank will lend
you up to 100% of the perceived market value of the property you
are purchasing.
The National
Credit Act, which came into effect a while ago, request that
banks verify that clients can afford the said loan. In
terms of the requirements, the client needs to show that there
is enough money to service the bond. This is calculated by
taking the client's total monthly income and deduct total
monthly expenses. I.e. if the income is R20000 and
expenses R15000, the client will have R5000 available to service
a bond.
Banks do not
enjoy doing repossessions. They are not in the business of
selling repossessed properties and as such do so only to recover
bad debts. But in a depressed real estate market, it is not
really that easy to get a good price on a repossessed property,
due to outstanding rates and taxes and other expenses.
Costs, such as transfer fees are no longer financed by
any of the 4 big banks.
Fixed rates are
possible at around prime +1 for up to 2 years, and higher rates
for longer periods allowing you to plan better as your home loan
expense is fixed.
Some banks also discontinued their payment holiday option, where
it was possible to skip payments.
You can obtain your
financing from any of the banks directly as soon as you
have your OTP (Offer to purchase) in place, obtainable from
CenturionRealEstate, or you can make use
of our bond consultants, Ooba,
who will manage the process for you at no extra cost.
Contact
Us Who is helping you
with your property needs in Centurion?
We can assist in
terms of buying, selling or rental management services.
Buying
Property
• Home loan assistance.
• Property transfer services.
• Consistent large selection of available properties available.
• Highest level of ethical standards and good follow through.
• Easy to navigate up to date website in readable format.
• Centurion area knowledge and experience.
Selling Property • Our property consultants can evaluate your home in terms of past sales
in the area, free.
• In order to sell your property within your timeframe*, you need to work
with an experienced agent to obtain market value. *We have sold within 2hrs
of receiving property for sale!
• This will ensure many visits from potential buyers and will help you find
the right buyer - you only need 1.
• If you have outgrown your current home, you need to advertise where more
than 45,000 website visitors have searched for property, more than 10,000
buyers have registered and more than 300 Centurion sellers have sold their
properties recently.
• Get direct exposure to investors and cash buyers. Let us help you.
• High visibility.
• Focused spending on marketing your property.
• Fresh, bold and innovative marketing of your property.
Rental Management
• Let Us Handle the Hassles!
• Screen Tenants
• TPN Membership
• Advertise Property and Collect Rent
• Inspect Property and Protect Your Investment
• End your frustrations with non performing rental agents
• Experience the best rental administration services
• Competitive fees
• We look after the tenant, the property and the owner
• Monthly statements
Office
Visit our
new storefront office
17 Eco Boulevard Centre
Witch Hazel Avenue,
Eco Park Estate,
Highveld, Centurion
Learn more about our exciting initiatives,
fabulous properties
or to meet one of our agents.
We look forward to seeing you soon! Our office number is
012-661-5144.
We place a strong focus on safe
and secure properties in various security estates. Our specialty is Centurion
townhouses and houses.
Properties for sale R450000 to R6 million. Rentals R4000 to
R25000 per month.
