3 Bed House in Reddersburg

R 550 000

Belinda Potgieter

SA Home Loans

Ndivhuho Given Kutame

SA Home Loans

3 Bed House in Reddersburg

R 550 000

3 Beds
2 Baths
1 Garages

A sale in execution (SIE) is a legal process whereby properties are sold at a public auction by the local sheriff (appointed as an officer of the court) on instruction by an execution creditor (usually a bank) to the highest bidder at the fall of the hammer. An SIE represents a final outcome as it is not subject either to the seller's or the bank's approval.

ESTIMATED LEVIES / RATES & TAXES OUTSTANDING R583 315.57 @ 12.10% FROM 23 November 2018 (as per DFJ dated 26 February 2019)

The sheriff and the Purchaser note that the amount set forth in this clause are a reasonable estimate only. Neither the sheriff nor SA Home Loans warrant the accuracy of this estimate. The Purchaser shall not be able to avoid its obligations, nor will it have any claims against the sheriff or SA Home Loans, arising out of the fact that the arrear rates and taxes and arrear charges payable are greater than the estimated charges stated.

Property Description

Please note that this is a SAHL Sheriff Auction. The listing price is a guide price determined by the most recent bank valuation of the property.

Date and Time of Auction: 12 February 2021 12.00pm

Venue address: MAGISTRATES COURT, 3 NORVAL STREET, REDDERSBURG

Description of property: 3 BEDROOM, 2 BATHROOMS, 1 ENTERANCE HALL,1 DINING ROOM, 1 LOUNGE, 1 LIVING ROOM. 1 KITCHEN,1 GARAGE, 1 STAFF QUARTERS, 1 STAFF BATHROOM, 1 CARPORT

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Key Property Features

3
Bedrooms
2
Bathrooms
1
Dining Areas
1
Garages
1
Lounges
Kitchen
Staff Quarters

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Belinda Potgieter

Belinda

Potgieter

Ndivhuho Given Kutame

Ndivhuho

Given Kutame

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Loan Value (Capital) R 0
Total Interest R 0
Total Repayment R 0
Interest at 7% for 20 years
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.

3 Bed House in Reddersburg

R 550 000

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