04/08/2025
Navigating the Buying Process: From Viewing to Registration
Found a promising home in Gqeberha? Here’s your step-by-step roadmap to ownership:
1. Submit an Offer to Purchase
Your agent helps draft the formal offer—read it carefully, it’s legally binding. Include any conditions (e.g., “subject to bond approval” or approved plans). Watch for the 72-hour clause, which allows the seller to continue marketing the property. If included, be ready to confirm the sale quickly to secure it.
2. Apply for Your Home Loan
Once the offer is signed, begin the bond application. You’ll need:
• ID
• Proof of income (latest payslips or salary letter)
• 6 months of bank statements
• Signed offer
• Proof of residence
Most banks expect a 10% deposit, paid into the attorney’s trust account. If using a mortgage originator, they’ll submit to multiple banks. This process usually takes a few weeks while the bank assesses your credit, values the home, and issues the bond.
3. Transfer and Registration
After bond approval, the seller’s conveyancer steps in. They get the original title deed (from the bank if needed) and prepare transfer documents. You’ll pay all transfer and bond registration fees. If the property is valued at over R1,200,000, you’ll also pay transfer duty to SARS. Once lodged with the Deeds Office, registration typically takes 8–10 working days. The title deed will then be updated in your name.
4. Move In
After transfer is confirmed, you get the keys! Moving companies in Gqeberha charge around R5,000–R15,000. Don’t forget to arrange utilities, insurance, and account for ongoing costs like rates, levies, and maintenance.
Your agent remains involved at every step—liaising with the seller’s agent, bank, and attorneys to keep things moving. With the right support, you’ll go from showhouse viewer to registered homeowner with confidence.