- WHY DO I WANT TO PURCHASE A PROPERTY?
Is it my first property?
Do I now want to start a relationship and need a property?
Do I want to start a family and need more space?
Do I need a work from home situation? - WHAT TYPE OF PROPERTY DO I REQUIRE AND WHAT SIZE DO I REQUIRE FOR THE NEXT 5 YEARS OR SO AND WHAT AREA WILL BEST SUIT YOU?
Do I need a FLAT, TOWNHOUSE, HOUSE, and ESTATE LIVING? - WHAT IS MY BUDGET FOR THE PROPERTY?
How much can I afford?
How much do I need for maintenance?
What about unexpected repairs? - DO I WANT TO OWN OR PAY RENT?
RENTING
If one is to rent there is no need for major repairs or maintenance on minor repair and maintenance and can upgrade on short notice if property becomes unsuited to ones needs or requirements.PURCHASING
If one was to purchase a property there are many things to consider.How long does one intend to stay in this property? How must the house be when purchasing—Newly renovated or old style to be renovated? If one purchases an up to date house, which is, move in ready there should be only minor items to repair and maintain.
If one purchases an older outdated property at what price will it be at and if it is sold in 5 years time how much more outdated will it be and will it INCREASE in value or will it stay the same or decrease in value with no improvements done to the property? What will the cost be to update the property and will it be able to achieve the NEW MARKET VALUE once all the renovations have been completed?
But before you purchase get a PROPERTY INSPECTOR INVOLVED in order to check out the condition of the property to ensure that there are no further hidden costs awaiting once you have purchased the property. IF you are willing to do the updates and the value will increase to at least The amount of money the renovation has cost but preferable more then it will be a good purchase as you will be able to enjoy the updates until you are ready to sell.
If you are not willing to update the property then it will be best to rent a property until you are ready to purchase a new or recently renovated property in order to maximize the benefit of the property. If one is intending to renovate the property it is a good idea to get the Property inspected and checked out to see if you are able to proceed with the intended renovation and that is complies to the councils Regulations etc. and two to see if the renovation falls within a realistic budget together with the added value to the property for the area in which you intend to purchase the property.
- COSTS OF BUYING A PROPERTY VERSUS RENTING?
BUYING RENTING -10%- 20% DEPOSIT -DOUBLE DEPOSIT – ATTORNEYS, BOND COSTS -RENTAL ADMIN (+-R750) -AGENTS COMMISION INCLUDED IN PURCHASE PRICE -OWNER PAYS FEES -HOME OWNERS INSURANCE -OWNER PAYS INSURANCE -RATES AND TAXES -INCLUDED IN RENTAL -WATER & LIGHTS -WATER & LIGHTS -ALL MAINTENANCE/ REPAIRS -MINOR REPAIRS/ MAINTENANCE -RENOVATIONS/ UPGRADES -ABLE TO MOVE TO MORE SUITABLE ACCOMODATION -SELLING TIME CONSUMING PAY AGENT COMMISION PAY CAPITAL GAINS TAX - Hire an independent Property Inspectors – Anchor Property Inspectors
Anchor Property Inspector are professionally trained to INTERNATIONAL standards are qualified in the following way which distinguishes them from other inspectors.We are the ONLY Inspection agency registered with the following bodies:Certified and trained through SAHITA (The South African Home Inspection Training Academy)NABISA—National Association of Building Inspectors of South AfricaNHBRC—National Home Builders Registered Council SAGGA—South African Glass and Glazing Association EAAB—Estate Agency Affairs Board.
This enables us to offer a wide scope of services to all persons requiring our services in most areas of the property industry from RESIDENTIAL, COMMERCIAL to HOTELS etc. OUR function as independent property inspectors is to provide a FULL PROPERTY INSPECTION which is UNBIASED for both the benefit of the BUYER and SELLER of any property which is a visual inspection of the current condition of that property at time of inspection.
The written report with photos that become part of the inspection for anyone to peruse in order to verify the condition of the property. Should any structural defect come to light we consult with engineers to ensure the safety and structural integrity of the buildings are maintained and solutions explored.
ANCHOR PROPERTY INSPECTORS provide a full overall property inspection on all properties being RESIDENTIAL, COMMERCIAL, HOTELS, RETUARANTS, SCHOOLS etc which cover various items of Risks, Health and Safety, maintenance and overall condition including dealing with disputes between parties and working along side attorneys to assist with matters of a delicate nature.
WHAT THE INSPECTION COVERS:
ROOF INSPECTION
Internal/ External
STRUCTURE of the Building and Out buildings
Internal/ External—-cracks etc
DAMP & WATERPROOFING INSPECTION
Moisture meter readings to confirm inspection
DOORS & WINDOWS INSPECTION
Visual inspection for wood rot, rust etc
GLAZING INSPECTION
STORM WATER MANAGEMENT & GRADING OF GROUND
BOUNDARY WALLS & FREE STANDING WALLS
POOL Inspection and surroundings
PLUMBING INSPECTION
Checking of all plumbing to ensure functionality and for
Any visible leaks
Geyser Installation in roof correct
ELECTRICAL INSPECTION
Visual inspection of DB board, roof wiring etc, plugs,
light switches, covers , gate motors, garage doors etc
ELECTRICAL FENCE INSPECTION
Visual inspection of fence installation
GAS INSTALLATION INSPECTION
Visual inspection if complies with regulation.
DECKING, BALCONIES, BALUSTRADING, POOL FENCING, STEPS
Visual inspection to confirm to regulation etc
SECURITY, HEALTH & SAFETY AND
FIRE PROTECTION INSPECTION
OTHER INSPECTION CARRIED OUT FOR SALE OF PROPERTIES
if available at time of inspection:
- Approved plan —check if plan is same as current house
- Electrical certificates—-Property and Electric fence
- Gas certificate
- Beetle certificate
BOOK YOUR INSPECTION TODAY BY COMPLETING THE FORM BELOW AND SHOW THE SELLERS YOU ARE SERIOUS ABOUT SELLING THEIR PROPERTY AND ACHIEVING A GREAT PRICE.