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Property News We work with serious buyers and sellers and help them build their property portfolio. We help existing tenants become landlords.

We work with the financial institutions to assist our clients to secure finance for their dream investment.

15/02/2021

TERMINOLOGIES USED IN REAL ESTATE

*OTP* = Offer To Purchase

*F**A* = Prospect Must Submit: Proof Of Residence; Certified Ids

*A.I.P* = Approval in Principle is a written letter confirming what a buyer qualifies to purchase. This A.I.P does not mean the buyer will get a bond. This is subject to Prospects credit score and property evaluation.

*GRANT*= After bank has assessed the buyer, the property is evaluated. When the bank finds value in the house and the prospect credit score is good, this letter confirms the buyer has got the bond.

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