121 South Street - MR366980

House in Rewlatch, Johannesburg - South, Gauteng

R 800,000 to R 1,500,000

FNB Property

Property to be sold on sheriff auction "as is"

Auction Date: 13 Feb 2020 at 10:00

3
1
1
711m2
121 South Street - MR366980
House in Rewlatch, Johannesburg - South, Gauteng
R 800,000 to R 1,500,000
FNB SIE Sale In Execution 3 Bedroom House for Sale in Rewlatch - MR366980
1
Front View
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SOLD
Property has been sold

1
Front View of property in Rewlatch
3
1
1
711m2

Key Features

Rooms

  • 3 Bedrooms
  • 1 Bathrooms

Parking

  • 1 Garage

Lounges

  • Lounge

TV Room

  • TV Room

Services

  • Rates and Taxes R315451

Kitchen

  • Kitchen

More Features

  • Property Type - House
  • Seller Type - FNB SIE Sale In Execution
  • Floor Area - 711m2

MyRoof Stats

  • 1124 Views
PID=366980 DID=391560 SID=88

Sheriff Auction

Conditions of sale at a sheriff auction:
A sale agreement is signed by the sheriff and the buyer. The buyer's responsibilities include:

  • Paying a deposit of 10% of the purchase price in cash or a bank guaranteed cheque, immediately on buying.
  • Paying commission on date of purchase by the buyer.
  • Guarantees for the balance of the purchase price, together with interest within 14 or 30 days
  • The buyer is responsible for the payment of any outstanding levies, water and electricity, rates and taxes.
  • The buyer is responsible for occupation of the property

A sale in execution is a public auction held by a Sheriff of the Court. This means a court order has been obtained by us to attach and sell the property to recover the money that has not been repaid on a home loan. We cannot accept or decline offers on these properties as we are not the legal owners. These properties are advertised in the Government Gazette as well as in any two local newspapers distributed in the area in which the property is situated. We also market these properties to estate agents and the public.

The purchaser shall immediately on demand pay the sheriff's commission calculated as follows:
  • 6% on the first R100 000.00, and
  • 3.5% on R100 001.00 to R400 000.00, and
  • 1.5% on the balance of the proceeds of the sale,
subject to a maximum commission of R40 000.00, plus VAT, in total and a minimum of R3 000.00, plus VAT, (inclusive in all instances of the sheriff’s bank charges and other expenses incurred in paying the proceeds into his or her trust account).

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Notes by First National Bank

Notes about this property by MyRoof

This house is for sale in Rewlatch. This is a FNB SIE Sale In Execution Property .

Continue reading...

This single storey house floor area was measured at 711m2.
This house has monthly rates or ground taxes payable to the amount of R 315,451.

To buy this property you need to be present at the Sheriff auction as indicated when clicking the "Contact Details" button.

Many people buy bank private properties because they are priced right and offer great value for money.

Do you know anyone who wants to sell their property in Rewlatch? Via MyRoof, you can market house in a few easy steps, with professional help, every step of the Sell My House way. We've achieved 8 private property sales in Rewlatch. Because of our superior offering, there is a high demand from people to sell property in Rewlatch. To market your house online for free, click on the "Sell My Property" tab at the top of the page or the "Sell House" button on the right of this page.


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