If your heart is set on a property and there is a willing buyer and the price is negotiated, what do I do now?

Contact a CELSA PROPERTY consultant to set up an appointment with both parties. We will act as an independent agent, giving impartial advice on all your need to knows. We will provide an offer to purchase and facilitate the transaction between parties involved. When accepted, we will facilitate the conditions of contract to ensure that it is met for agreement to be affected.

Obtaining mortgage approval from a financial institution for the buyer. We will aslo submit and negotiate approval and the interest rate with the bank or building society of his/hers choice. It will take approximately 3 working days for an approval in principle. After the seller accepts approval and or offer, the bank will arrange for a valuation of the property. If this meets the purchase price, a final bond approval will be given. If all is well, we will forward a copy of the deed of sale to the attorneys and follow up the instruction from the bank to the attorneys.

On receipt of the instruction from the bank, the attorney will draw up the necessary documentation for parties to sign. The attorneys will request a municipal clearance certificate. This amount is calculated and must be paid in advance, from 1 July to 30 June. The amount payable will be calculated pro rata for each parties account, and is seller liable up and to date of transfer where purchaser must pay in advance up and to the 30 of June. The attorney will call on buyer to pay the transfer cost, for this amount is to be paid to the Receiver of Revenue, in order to get a transfer duty receipt. We will upon sellers request, arrange for the electric- and beetle certificate. When all conditions are met and fees paid, the attorneys will lodge the transaction with the deeds office after which the transfer will be affected after ±10 working days.