Process of purchasing a house with cash in South Africa
Category Article
Initial Consultation with Vermaak Properties:
Schedule a meeting with the Vermaak Properties at a convenient time to discuss your budget, preferences, and requirements. Get a full overview of the services offered by Vermaak Properties and their approach to cash transactions.
Property Search with Vermaak Properties' Expertise :
Our clients can utilise the extensive Vermaak Properties' knowledge of the local market to identify suitable properties within their budget. Clients can arrange property viewings with our agents based on specific preferences.
Offer Preparation with Vermaak's Assistance :
Our agents will request drafting details to prepare a cash offer. Negotiations will follow to ensure a competitive offer is presented in writing for acceptance.
Financial Verification, Offer Acceptance and Legal Process :
Once proof of funds has been provided, and the offer has been accepted, our team will work closely with you to communicate steps in the conveyancing process, including compliance with all legal requirements and addressing any issues that need to be straightened out.
Inspections and Due Diligence with Vermaak Properties' Coordination :
If a due diligence period is required, our team can assist through our associate network of professionals.
The next step would be to address any concerns or issues, that may arise during the inspections, with the guidance of the Vermaak Properties team.
Finalising the Deal with Vermaak Properties :
We work closely with our client's nominated conveyancers, attorneys, and other professionals to ensure a smooth transaction.
Closing the Transaction :
Once the cash transaction has been handed over to the Conveyancers, we communicate the progress with our clients on a regular basis to keep them informed on movements.
After-sales Support from Vermaak:
Receive ongoing support and guidance from Vermaak Properties after the cash purchase, through our one-stop property solution centre, offering a sales and marketing division, property management division and associate advisory services to our clients.
Author: Slate Volschenk