Golden Homes Alberton

21/08/2026

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How financing works when your sale is pending
Financing in a subject-to-sale property transaction involves applying for bond approval on a new property while your existing home has not sold yet. With a pending property sale behind your offer, banks may assess the application and issue conditional or in-principle approval, confirming you qualify subject to the sale of the existing property and other standard requirements, but they won't register the bond or release funds until that sale has completed and all suspensive conditions are fulfilled. In some cases, you may consider bridging finance to bridge the gap between expected sale proceeds and immediate financial obligations.

17/08/2026

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What you're responsible for spotting
The buyer's duty to inspect is the legal obligation to examine a property thoroughly before signing an Offer to Purchase. Under the principle of voetstoots, a buyer accepts all patent defects that could have been discovered during a diligent inspection.

11/08/2026

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What an agent and conveyancer each handle
An agent and conveyancer play very different parts in the same sale. The agent, formally a property practitioner, is the intermediary who markets the property and negotiates the sale. The conveyancer is a specialised attorney responsible for the legal registration of the transfer at the Deeds Office, making sure ownership passes cleanly from the seller to you. The agent works the commercial side; the conveyancer works the legal side.

28/07/2026

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What the subject-to-sale deadline does
A deadline in a subject-to-sale clause is the defined time limit within which you must sell your existing property for the Offer to Purchase to proceed. It is recorded as a specific number of days from the date the OTP is signed. If your existing property isn't sold and all suspensive conditions fulfilled within that period, the OTP lapses automatically. Neither party is in breach, but the agreement ends unless both parties have agreed a written extension before the deadline passes. The deadline protects the seller from indefinite delay and gives you a defined window within which to act.

23/07/2026

What the subject-to-sale deadline does
A deadline in a subject-to-sale clause is the defined time limit within which you must sell your existing property for the Offer to Purchase to proceed. It is recorded as a specific number of days from the date the OTP is signed. If your existing property isn't sold and all suspensive conditions fulfilled within that period, the OTP lapses automatically. Neither party is in breach, but the agreement ends unless both parties have agreed a written extension before the deadline passes. The deadline protects the seller from indefinite delay and gives you a defined window within which to act.

15/07/2026

What a bond originator does for you
A bond originator acts as an intermediary between you and multiple registered lenders, submitting, positioning, and negotiating a single bond application across several banks simultaneously. You provide documentation once; the originator manages the submission process across their lender network, compares responses, and negotiates interest rates and conditions on your behalf. The originator's fee is paid by the lender on approval, not by you, which means the service costs you nothing while giving you access to a wider lending market than most buyers would reach independently.

08/07/2026

How the deposit and the bond amount work together
Deposits and bond amounts are the two figures that together determine how the purchase price will be funded. A deposit is the portion you contribute from your own resources before the bond is needed. It reduces the loan required and lowers the lender's exposure. The bond amount is the portion the lender finances, assessed against your income, credit profile, and the property's valuation. The two figures are structurally linked: a larger deposit produces a smaller bond, a lower loan-to-value ratio, and a lender carrying less risk, which typically produces a more straightforward approval.

25/06/2026

What are Fixtures and Fittings?
Fixtures and Fittings refers to the legal distinction between items permanently attached to a property and those that are moveable. Fixtures are physically annexed to the land or structure with the intention of permanent use and remain after a sale. Fittings are loose items or personal property that a seller removes upon vacating.

02/09/2024

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