First-Time Home Buyer's Guide

Your complete guide to purchasing property in South Africa

The Home Buying Process
1

Determine Your Budget

Calculate how much you can afford using our mortgage calculator and get pre-approved for a home loan.

2

Research Areas

Explore different neighborhoods, schools, amenities, and commute times to find the right location.

3

Find a Property

Browse listings on getaspot and schedule viewings for properties that meet your criteria.

4

Make an Offer

Submit an offer to purchase through your estate agent. Be prepared to negotiate.

5

Conduct Inspections

Hire professionals to inspect the property for structural issues, pests, and compliance.

6

Secure Financing

Finalize your home loan application and provide all required documentation to the bank.

7

Transfer Process

Work with a conveyancing attorney to complete the legal transfer of the property.

8

Move In

Once transfer is complete and keys are handed over, you're ready to move into your new home!

Important Documents
  • Valid ID document
  • Proof of income (payslips)
  • Bank statements (3 months)
  • Credit report
  • Proof of address
  • Tax returns (if self-employed)
Additional Costs
  • Transfer duty (0-13% of property value)
  • Transfer fees (~R15,000-R25,000)
  • Bond registration fees (~R10,000-R20,000)
  • Property valuation (~R3,500-R5,000)
  • Home inspection (~R3,000-R5,000)
  • Moving costs