This is a very popular question asked by many over the world and in South Africa. The common rule of property is to buy low and sell high. In other words, to buy at the lowest price and to sell at the highest price, this isn’t rocket science.

There are often more costs involved than expected when you are purchasing a property. And you must make sure that you have enough money available to pay all these expenses. These could be expenses like transfer duties, advanced rates & taxes, and rent related to occupation.

The transfer process of property can take up to 6 months. The reason for this is because there are a lot of steps that need to be followed to fully complete the process. Only when all the steps have been completed does the seller receive their money.