PropWiz Pretoria - Walter Language

09/09/2026

Applying for a Bond? Preparation Can Save Time

Once you are ready to apply, having the correct paperwork available can help avoid unnecessary delays.

For a typical salaried applicant, banks may request:

→ proof of identity
→ signed Offer to Purchase
→ recent payslip or proof of income
→ recent bank statements
→ proof of residential address
→ details of monthly income and expenses

The exact requirements differ between lenders. FNB, for example, asks for an OTP, identification, proof of residence and supporting income/bank documents, while Nedbank also lists the signed sale agreement, proof of income and recent bank statements.

Self-employed buyers should prepare for additional documentation.

Depending on the bank, this may include business bank statements, financial statements, management accounts, tax information and confirmation of drawings or income from an accountant.

One important update: being permanently employed for six months is not a universal South African home-loan requirement. Some banks also consider fixed-term employees, newly appointed employees and self-employed applicants, subject to their individual lending criteria and supporting documentation.

The better prepared your application is, the easier it is for the lender to assess your financial position.

08/09/2026

Your Offer to Purchase Is Accepted. What Happens Next?

If your purchase is subject to obtaining a home loan, the next step is submitting your bond application within the finance period stated in the Offer to Purchase.

You generally have two routes:

→ apply directly to a bank
→ use a mortgage originator

Applying directly may suit buyers who already have a strong banking relationship.

A mortgage originator can submit one application to several banks, including your own, allowing you to compare different loan offers. Major originators such as GreenDoor Home Loans currently offer this service at no charge to the homebuyer because they are paid by the lender when a home loan is successfully placed.

Do not compare only the amount approved.

Look at:

→ the interest rate offered
→ deposit requirements
→ monthly repayment
→ loan term
→ conditions attached to the offer

Even a small difference in your interest rate can make a meaningful difference over a long home-loan term.

Your PropWiz property practitioner can help keep the property transaction moving while you work with your chosen bank or bond originator.

07/09/2026

𝗔𝗽𝗽𝗹𝘆𝗶𝗻𝗴 𝗳𝗼𝗿 𝗮 𝗕𝗼𝗻𝗱: 𝗪𝗵𝗮𝘁 𝗔𝗿𝗲 𝗬𝗼𝘂 𝗔𝗰𝘁𝘂𝗮𝗹𝗹𝘆 𝗔𝗽𝗽𝗹𝘆𝗶𝗻𝗴 𝗙𝗼𝗿?

In everyday property language, we often call a home loan a “bond”.

More accurately, the home loan is the money borrowed from the bank, while the bond is registered over the property as security for that loan.

You then repay the loan over an agreed period, often 20 years and in some cases up to 30 years, depending on the lender and product.

Your repayments cover:

→ the amount you borrowed
→ interest on the outstanding balance
→ applicable home-loan fees

Early in the loan, a larger portion of the repayment generally goes towards interest, but you are also reducing the capital.

If you have a variable-rate home loan, repayments can change when lending rates change. As of 7 September 2026, South Africa’s prime lending rate is 10.50%.

And if repayments become difficult, speak to the lender early. A missed payment does not mean the bank simply “takes the house” immediately - debt enforcement follows a legal process.

Understanding the bond is part of understanding what you are committing to when buying a home.

PropWiz helps buyers in Potchefstroom and Pretoria understand the property journey before they make the move.

04/09/2026

𝙒𝙝𝙚𝙧𝙚’𝙨 𝙩𝙝𝙚 𝙒𝙞𝙯?

This week, we’ve been talking about how to start house hunting.

Search online. Narrow your options. View the homes that stand out. Then decide what feels right.

Simple in theory - exciting in real life.

So tell us:

What is the first thing you usually look for when house hunting - area, price or property type?

And keep an eye out… the Wiz is never too far away.

𝙋𝙧𝙤𝙥𝙚𝙧𝙩𝙮 𝙞𝙣 𝙋𝙧𝙚𝙩𝙤𝙧𝙞𝙖? 𝙏𝙝𝙞𝙣𝙠 𝙋𝙧𝙤𝙥𝙒𝙞𝙯.

02/09/2026

𝙃𝙤𝙬 𝙩𝙤 𝙎𝙩𝙖𝙧𝙩 𝙃𝙤𝙪𝙨𝙚 𝙃𝙪𝙣𝙩𝙞𝙣𝙜: 𝙇𝙚𝙩 𝙩𝙝𝙚 𝙑𝙞𝙚𝙬𝙞𝙣𝙜 𝘽𝙚𝙜𝙞𝙣

Online searching helps you narrow down your options.

But the real decision often starts when you walk through the front door.

A property viewing gives you the chance to look beyond the photos and ask:

→ Does the layout work for your lifestyle?
→ Do the rooms feel spacious enough?
→ Is there enough storage?
→ What is the condition of the kitchen and bathrooms?
→ Does the garden, parking and security suit your needs?
→ How does the property feel in person?

Take your time and look at the practical details, not only the finishes.

A home can photograph beautifully but still feel wrong once you are inside.

Your PropWiz property practitioner can guide you through the viewing, answer questions and help you compare the property with others you have seen.

The online search creates the shortlist. The viewing helps you decide what feels right.

01/09/2026

𝙃𝙤𝙬 𝙩𝙤 𝙎𝙩𝙖𝙧𝙩 𝙃𝙤𝙪𝙨𝙚 𝙃𝙪𝙣𝙩𝙞𝙣𝙜: 𝙐𝙨𝙚 𝙋𝙧𝙤𝙥𝙒𝙞𝙯 𝙊𝙣𝙡𝙞𝙣𝙚 🌿

Once you know the area and type of home you are looking for, the PropWiz website and social pages can help you narrow the search.

On the PropWiz website, you can:

→ browse available properties
→ compare prices and features
→ view homes in Potchefstroom and Pretoria
→ explore new developments
→ read useful Property Insight articles

Our Facebook and Instagram pages are also useful for:

→ newly listed properties
→ featured homes
→ price updates
→ show days
→ local property tips
→ developments and investment opportunities

A good approach is to use the website for your focused property search, then follow the PropWiz socials to stay up to date with new opportunities as they are shared.

And when something catches your eye, contact the PropWiz agent linked to the property and arrange a viewing.

𝙎𝙩𝙖𝙧𝙩 𝙤𝙣𝙡𝙞𝙣𝙚. 𝙉𝙖𝙧𝙧𝙤𝙬 𝙩𝙝𝙚 𝙨𝙚𝙖𝙧𝙘𝙝. 𝙏𝙝𝙚𝙣 𝙜𝙤 𝙖𝙣𝙙 𝙨𝙚𝙚 𝙩𝙝𝙚 𝙝𝙤𝙢𝙚 𝙛𝙤𝙧 𝙮𝙤𝙪𝙧𝙨𝙚𝙡𝙛.

31/08/2026

Most sellers start with a number in mind.

But there's an important difference between what you hope to get, what you list for, and what your property is actually worth in today's market.

Here's what the terms really mean:

▪️ Market Value — what buyers are realistically willing to pay, based on comparable sales right now.

▪️ Asking Price — what you decide to list at. It can be shaped by expectation and strategy — but it must be grounded in market reality.

▪️ Professional Valuation — a considered opinion from a qualified agent, based on actual comparable sales data.

▪️ Achieved Price — the final price agreed between buyer and seller, and registered at transfer.

The gap between asking price and achieved price is often where sellers feel most disappointed.

Pricing your property correctly from day one attracts serious buyers, reduces time on the market, and protects your negotiating position.

If you'd like an honest conversation about what your property may be worth in today's market, we're happy to chat — no pressure, no obligation.

What questions do you have about property pricing? Drop them in the comments. 👇

31/08/2026

28/08/2026

Where’s the Wiz this week?

This time, he wasn’t hidden in one of our posts.

Instead, we spent the week helping buyers think about something more important:

𝙒𝙝𝙖𝙩 𝙙𝙤𝙚𝙨 𝙮𝙤𝙪𝙧 𝙥𝙚𝙧𝙛𝙚𝙘𝙩 𝙝𝙤𝙢𝙚 𝙖𝙘𝙩𝙪𝙖𝙡𝙡𝙮 𝙡𝙤𝙤𝙠 𝙡𝙞𝙠𝙚?

We looked at:

→ choosing the right area
→ deciding what type of home suits your lifestyle
→ understanding what you really need
→ separating must-haves from nice-to-haves

So here’s our question for Potchefstroom:

𝙄𝙛 𝙮𝙤𝙪 𝙘𝙤𝙪𝙡𝙙 𝙘𝙝𝙤𝙤𝙨𝙚 𝙟𝙪𝙨𝙩 𝙊𝙉𝙀 𝙣𝙤𝙣-𝙣𝙚𝙜𝙤𝙩𝙞𝙖𝙗𝙡𝙚 𝙛𝙤𝙧 𝙮𝙤𝙪𝙧 𝙣𝙚𝙭𝙩 𝙝𝙤𝙢𝙚, 𝙬𝙝𝙖𝙩 𝙬𝙤𝙪𝙡𝙙 𝙞𝙩 𝙗𝙚?

A garden?
Security?
More space?
A home office?
Backup power?
The right neighbourhood?

Tell us below.

And if you’re ready to start looking, speak to PropWiz Potchefstroom. We help buyers find homes that fit their lifestyle, priorities and budget.

𝙋𝙧𝙤𝙥𝙚𝙧𝙩𝙮 𝙞𝙣 𝙋𝙤𝙩𝙘𝙝𝙚𝙛𝙨𝙩𝙧𝙤𝙤𝙢? 𝙏𝙝𝙞𝙣𝙠 𝙋𝙧𝙤𝙥𝙒𝙞𝙯.

27/08/2026

Not all property values are the same — and confusing them is one of the most common mistakes sellers make.

Here are 5 types of property value you should know:

1️⃣ Informal Estimate — a rough guide based on general market knowledge.
2️⃣ Comparative Market Analysis — a detailed look at what similar homes have actually sold for.
3️⃣ Asking Price — what a seller hopes to achieve when they list.
4️⃣ Professional Valuation — a formal assessment by a registered valuer.
5️⃣ Achieved Selling Price — what a qualified buyer actually paid.

Each one tells a different story. Knowing the difference helps you make a more informed decision about when — and at what price — to sell.

If you've ever wondered how your property fits into the current market, we're happy to have that conversation. No pressure. Just honest, experienced guidance.

💬 Which of these did you know about? Let us know in the comments.

📞 Speak to Elize or Janus: 083 310 6828