Advice for buying a property
Buying a new property is one of the most exciting, life changing decisions that anyone can make, and with ZAkasi it is especially easy. Our team will support you with the entire process, simplifying all the complicated questions, and ensuring you get the best possible deal.
The first step is to choose an area in which to search. Here, the ZAkasi portal really helps you by listing everything that is available in the various suburbs and neighbourhoods. We are also available to help you decide which areas to look at, simply contact us for advice. Moving to a new area means exciting things like better schools, easier transport, closer shops, and more. Once you’ve chosen an area, it’s time to carefully inspect the properties that are available.
When you are looking at a property there are several important factors to investigate. The first is the type of title deed. The most common is a freehold, where you own the property outright, but sectional titles and share blocks are also present in our market. Both of these are types of ownership in shared properties, such as complexes and estates. Finally, with special types of land, outright ownership is not possible so 99 year leases are sold.
Once you’ve solved the legalities of how your ownership will work, the next important consideration is the full costs that go into purchasing a home. There are transfer costs to change the title from the old owner to the new owner, registration costs to make sure the new title is lodged and your claim of ownership is secured, and administrative fees to the various offices and persons involved in this legal process. Note that some of these costs vary depending on the value of the property being purchased. The experts at ZAkasi can clarify the exact costs for you.
When it comes to the property itself, you must also look closely at the details. Look for cracks in the walls, flaking paint, missing roof tiles and other signs that the structure of the building is at risk. Patching up a property is easy but any repairs to the core structure can become very expensive. Also check the water pressure in the taps, whether the geyser works, the condition of any gas installation, electrical installation, and fencing. Finally, keep an eye out for any water leaks. You will most likely want to make a few upgrades once you move in, so it pays to be sure there won’t be unexpected repair costs as well.
Are you ready to start looking? Speak to ZAkasi now!