04/08/2025
Navigating the Buying Process: From Viewing to Registration
Found a promising home in Gqeberha? Hereâs your step-by-step roadmap to ownership:
1. Submit an Offer to Purchase
Your agent helps draft the formal offerâread it carefully, itâs legally binding. Include any conditions (e.g., âsubject to bond approvalâ 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. Youâll 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 attorneyâs trust account. If using a mortgage originator, theyâll 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 sellerâs conveyancer steps in. They get the original title deed (from the bank if needed) and prepare transfer documents. Youâll pay all transfer and bond registration fees. If the property is valued at over R1,200,000, youâll also pay transfer duty to SARS. Once lodged with the Deeds Office, registration typically takes 8â10 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 R5,000âR15,000. Donât forget to arrange utilities, insurance, and account for ongoing costs like rates, levies, and maintenance.
Your agent remains involved at every stepâliaising with the sellerâs agent, bank, and attorneys to keep things moving. With the right support, youâll go from showhouse viewer to registered homeowner with confidence.