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How long does a transfer take?
How long till the transfer's done?
Nobody likes waiting. And to every buyer and seller of real estate, their particular property transaction is the most important sale of immovable property in the world. It is therefor hardly surprising that people get somewhat irate when the transfer of ownership does not happen as speedily as they would like.
A little bit of information could go a long way towards keeping the tempers settled. That’s why we’d like to let you know what to expect when waiting for that ownership transfer to be finalized.
What is a reasonable time period for the process of transferring ownership of a property from one owner to another? How long does a property transfer take to complete? In this article, we give some simple answers to that not-so-simple question about the duration of the transfer process. See the rest of How long does a transfer take? »
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Helpful Real Estate Downloads
Quick and easy downloads
On this page, we hope to provide links to downloads that might be helpful to anyone dealing with immovable property in the South African context.
So, here’s our MASSIVE list of helpful South African real estate downloads: See Helpful Real Estate Downloads »
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FNB goes back on its word
This morning I was lying in bed being woken by the good folks of Morning Live on SABC2. And all drowsiness dissapated at about 6:30 with an interview involving an FNB spokesman and the Banking Ombudsman of South Africa.
Apparently, First National Bank(FNB) is going to re-assess home loans that the bank had already approved a year or more ago. The home loans that will be reconsidered include about 2000 approved mortgages that have, after a period of a year or more, not yet been registered against the title deeds of the relevant properties. The bank plans to reassess the loan applicants’ credit based on the current credit assessment standards and their current debt load and general financial position. The rest of FNB goes back on its word »
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The problem with shareblock
In October last year Property 24 reported that the National Credit Act was responsible for shareblock sales along the Durban beach front plummeting. Is this still the case? I can’t seem to find more articles along the same line, so maybe not? I don’t know. But I’d love to hear from readers with share block property about their experiences! The full The problem with shareblock »
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Real Estate Calculators
We have been quite busy re-posting old articles that we feel still have value to our visitors. As part of this process we also updated the real estate calculators that were available on the old Huis-Huis website. And we figure that a a list of links to all those calculators would be a dandy idea. So, without further ado, here is our collection of handy real estate calculators for you to use: Read the rest of Real Estate Calculators »
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