What Happens When a Buyer Backs Out of a Property Sale?
For both sellers and buyers in South Africa, agreeing on a property transaction feels like the hardest part of the journey. However, once an offer to purchase (OTP) is signed by both parties, it becomes a legally binding contract. When a buyer suddenly decides to walk away, it triggers immediate legal and financial consequences. Here […]
Tips for First-Time Property Sellers
First-time sellers often focus only on the asking price, take a few photographs, list the property, and wait for the first offer. Good marketing matters in property sales, but it’s rarely where the issues show up. What causes problems is discovering the real risks only after a buyer is already interested. Missing documents, municipal issues, […]