• Planning on buying a house but not sure how to go about it? This guide will show you how to buy your dream home.


    Step 1: Get your bucks in a rowPrivate Property a home for Everyone

    Make sure that you(r):

    • credit score is healthy
    • save for a deposit
    • assess what you can afford
    • budget for additional costs
    • get home loan pre-qualification

    STEP 2: Homing in on your new house

    Private Property a home for Everyone

    Know what your budget is

    Here is a handy list of 12 things to keep in mind while house hunting

    Decide what you want to buy. This guide explains sectional title and freehold

    STEP 3: Home loan know-how

    Private Property a home for Everyone

    Info financial institutions need from you

    Financial institutions (like banks) will need to know whether you will be able to afford a bond.

    The deposit and other costs

    Banks require a deposit of between 10% and 30%, but you still need to budget for the other costs.

    STEP 4: Doing the deal

    Private Property a home for Everyone

    Before you decide to put in an offer to purchase (OTP) on a home, you need to be very sure that you want the property. A signed OTP is a legally binding contract.

    Before putting in an offer, answer these questions:

    • Is the home’s price in line with similar properties in the area?
    • How many other properties in the area are for sale?
    • Why is the owner selling?
    • How long has the property been on the market?
    • How much work does the property need and how much will it cost?

    STEP 5: The Legal Aspects

    Private Property a home for Everyone

    Most of the documentation will be handled by attorneys, but it is still necessary for you to understand what you are signing, so be sure to ask questions.

    Welcome to your new home!

    This article explains the conveyancing process clearly.

    STEP 6: Moving tips

    Private Property a home for Everyone
    Stuck on the best way to get from A to B? Just follow these steps.

    • Get rid of everything you don’t want through selling or donating items.
    • Book a (reputable) moving service well in advance
    • Remember to mark your boxes so you know what goes where!
    • Pack and unpack only one room at a time.
    • Clean your new home before you move in

    Help when you need it

    The Private Property app is here to help! Just download the app from your app store and you can: receive listings instantly through your personalised feed and find your next home quickly and painlessly. Whether you are a first-time buyer or experienced investor – this is just the app for you.

    Private Property a home for Everyone

    Imka Webb

    Imka Webb is a freelance digital marketing expert and the digital editor of Food & Home Entertaining magazine.  www.imkawebb.com