‘FAQs’ Category Archives

29
Oct

No cooling off period for most property purchases

by Annalien in Advice to buyers, Advice to sellers, Estates, FAQs, Investment opportunities, Uncategorized

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When an offer to purchase is signed for an existing property over the value of R250,000 there is no cooling off period for the purchaser. Meaning that buyers cannot simply change their mind and cancel the offer to purchase once signed by both parties, and if they do, there may well be serious financial implications.  ...

29
Oct

Be Sure Before Putting Pen to Paper

by Annalien in Advice to buyers, FAQs, Uncategorized

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The offer to purchase is a purchase agreement which contains all the terms and conditions attached to the purchase of the property. Buyers cannot simply change their mind after signing an offer to purchase - this document is a legally binding contract. Buyers need to be properly informed by the estate agent during the process of ...

30
Aug

What is the latest news on Vaal River properties? What is the market doing?

by Annalien in Advice to sellers, FAQs, Uncategorized

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We are happy to report that, in spite of the depressed economic climate, we are (as always) still inundated with inquiries for river properties. The Vaal River is still a place where people want to spend their weekends and it has been like that for as long as I can remember - having grown up ...

24
Feb

What is rezoning and subdivision?

by Annalien in Advice to sellers, FAQs

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Q&A

Zoning means the way a property has been registered in terms of its uses and rights, ie the right to use it as residential, for  agriculture, or for business practices or industrial. Each of these categories are subdivided into 4 sub categories indicating the density of buildings allowed on the property. Eg: Residential 1: is the zoning which ...

9
Jan

What is the use of a bond originator?

by Annalien in Advice to sellers, FAQs

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Bond originators can greatly improve your chances of getting a loan from a bank, because: They understand the banks. They understand the system and the requirements, so they save time and present your application in the right way. Their services are free for the customer as they get paid by the banks. They present your application in the right way ...

25
Sep

What is the Lethabo Weir in the Vaal River?

by Annalien in FAQs

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Lethabo wier

Very few members of the public have ever actually been at the Lethabo Weir in the Vaal River. Attached is a picture taken at the weir,​ which is situated​ ​55 km upstream from the Barrage wall​ and close to ​Escom's​ Lethabo power station​. The weir is a wall protruding just above the surface of the Vaal ...

1
Jun

Map of estates on the Vaal River

by Christian in Estates, FAQs, Vaal river info

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Map of estates on the Vaal River

26
Jul

What is the Loch in the Vaal River?

by Annalien in FAQs, Vaal river info

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Loch is a Scottish word for a lake. It indicates a landlocked piece of sea or a bay, according to Webster's dictionary. And that is exactly what the 'Loch" at Loch Vaal is; a landlocked piece of water. Its visible on our map of the Vaal River. This landlocked 'lake' was formed because the water was ...

3
May

These yellow beacons on your Vaal river property, what do they indicate?

by Annalien in Advice to buyers, FAQs, Vaal river info

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It is a popular myth on the Vaal river that the yellow Rand Water beacons on a river property indicate where the flood line is. These yellow poles specifically do NOT indicate the flood line. They actually indicate the beginning of Rand Water's property! The history behind these yellow beacons is that in 1923 Rand Water ...

5
Apr

What is the Barrage in the Vaal River?

by Annalien in FAQs, Vaal river info

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The Barrage is a series of steel gates installed between concrete piers right across the Vaal River, about 35 km downstream from Vanderbijlpark, in Gauteng. There are 35 concrete piers supporting 36 steel gates (sluices) – each ten metres by eight metres – built in Scotland and installed by Rand Water in 1923. The reservoir ...

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