This immaculate property is well located in Regents Hill cluster complex. The complex offers 24 hour security and access controlled gates. This property offers full alarm system and automated irrigation system.
• FINANCIAL REQUIREMENTS IN ORDER TO PURCHASE THIS PROPERTY :
To finance the full purchase price the monthly repayment of a home loan for will be +/- R 12 050-00 per month and to qualify for the loan you will need to show a gross income of no less than R 40 000-00 per month. It would be advisable to have a 5-10% deposit towards the purchase price as this will make the loan application easier.
Transfer costs work on a sliding scale according to the purchase price of the property, in this case the they will be +/- R 75 000-00. You will need to have this money available in cash as the banks will not finance this amount with the home loan. The transfer costs in include (A) your tax on the purchase (B) your transferring attorneys fee and (C) the bond registering attorneys fee.
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