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Daily Archives: 26/11/2014

SNEAK PREVIEW – VILLIERSDORP MOUNTAIN ESTATE LAUNCH -INCORPORATING RENT2BUY

SNEAK PREVIEW – VILLIERSDORP MOUNTAIN ESTATE LAUNCH
37 new units are being developed in Villiersdorp

Rent2buy

A few units will be made available on Rent2buy – contact meyer@irent2buy.co.za

Direct buy 

Contact Meyer@oostco.co.za for more information

Rental only

A few units will be made available on direct rental as well.

Construction of the first 3 houses have already started and hand-over is planned for January 2015.

PROPERTY 24 The current listings have just been updated with the new images: CLICK HERE and HERE

PRIVATE PROPERTY To view more on Private Property VIEW YOUR LISTING NOW Listing reference number Z25592

Contact Meyer de Waal – meyer@oostco.co.za if you are interested in more information.

 
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Posted by on 26/11/2014 in Content

 

HOME LOAN SUBSIDY – LATEST FLISP NEWS – RELIEF FOR PROPERTY DEVELOPERS & HOME BUYERS

LATEST FLISP NEWS – RELIEF FOR PROPERTY DEVELOPERS & HOME BUYERS

Property developers have been hampered by the challenge to deliver a house under the price range of R300 000.00 to make use of the FLISP subsidy and this prevents many aspiring home owners to buy their own homes.

Good news:

The Director General published enhancements to the Financial Linked Individual Subsidy Plan (FLISP) with the view to have a positive effect on the participating number of affordable households and thus address then need of households in the affordable market with specific reference to:
• The minimum subsidy payable
• The maximum property value
• The housing typology
For more info – go to http://www.flisp.co.za  and click on Flisp Adjustments August 2014 under Latest Flisp Info.

 
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Posted by on 26/11/2014 in Content

 

HOME LOAN DECLINED – Rent2buy as alternative solution

There is hope for those who desperately want to buy a house even if their home loan application has been declined, according to property attorney Meyer de Waal.

De waal, who is the director at Oosthuizen & Co Meyer de Waal, told Fin24 in a video interview that there is a way for consumers to still get a bond even if they have been turned down by banks.

He said usually when a bond application is rejected; it is based on a client’s poor credit scorecard.

“Why do you need a bank from day one to conclude your transaction? Everyone is so fixed on going to a bank to get a home loan. We say, park the bond or the bank a little bit outside for a year or two.

“You’ve got a willing seller, you’ve got a willing buyer and you’ve got a property. Those are the most important ingredients to negotiate a transaction,” said De Waal

Meyer de Waal, who developed and fine-tuned the rent2buy concept was recently interviewed by Fin24. To follow the interview click here

 
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Posted by on 26/11/2014 in Content

 

ONLY 3 RENT2BUY UNITS LEFT – ACT NOW!

 Mountain View Villas released 3 rent2buy units – If you are interested to secure a unit – act fast and contact Juanita – admin@budgetfitness.co.za The minimum income that is required is R12 000.00 per month and the rental is R3 850.00 per month. We will do a credit and affordability check to ensure that you must qualify for a home loan within 12 months after signature.

X 2 218 38m2 Single First Floor 1 Bedroom R 379,000.00 Available
AA 2 251 38m2 Single First Floor 1 Bedroom R 379,000.00 Available
AA 2 252 38m2 Single First Floor 1 Bedroom R 379,000.00 Available

To download the Mountain View Villas brochure CLICK HERE Kind regards, Meyer de Waal

 
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Posted by on 26/11/2014 in Content

 

ADMINISTRATION OF ESTATES ACT – IMPORTANT NOTICE FOR DECEASED ESTATES AND CURATORS & MINORS

To keep up with inflation certain adjustments were made in the Administration of Estates Act. We just received notice that as from 24 November 2014 the limits of various sections were amended in the Administration of Estates Act.
• Section 18(3) This is applicable for estates with a value – previously under R120 000.00 – now raised to R250 000.00
• Section 80 Restriction on alienation or mortgage of immovable property by a natural guardian, tutor or curator – also increased to R250 000.00
• Section 90(1) Payments to natural guardians, tutors and curators – also increased to R250 000.00
For more information – contact Meyer de Waal – meyer@oostco.co.za Kind regards, Meyer de Waal
 
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Posted by on 26/11/2014 in Content