Whatshot
5 unexpected expenses when selling your home
5 unexpected expenses when selling your home
Date: 2017-09-14
Selling your house doesn't just involve a property agent, a moving company and maybe a storage facility thrown into the mix. There are some potentially unexpected selling expenses you may encounter. These expenses include:
1. Home staging - Although home staging is not yet very common in South Africa, it is gaining popularity in, especially the luxury sector.
2. Maintenance - Whether you are staging your home or not, your home will probably need some work done in order for it to be presented in the most attractive way.
3. Getting a professional inspection done - Although inspections are generally paid by the buyer and happen after the offer to purchase has been accepted.
4. Bond cancellation fees - When a seller has a bond registered over a property it must be cancelled on transfer and the seller is responsible for payment of the conveyancer's fees for cancellation.
5. Compliance certificates - Sellers also need to obtain compulsory Electrical, Electrical Fencing and Gas certificates before selling, and sometimes also need to present an Entomologist certificate.