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Sheriff sale in execution·Vacant land·FNB

vacant land in is: ERF 10276 ERMELO, EXTENSION

·Mpumalanga
Reserve price
R 560 000
Verified 1d ago

Bond + transfer costs

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Your purchase
Property priceR 560 000
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Deposit10%
R 56 000
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 5 375
per month for 20 years
Total interest
R786k
Total repaid
R1.3m
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 16 660
Bond registration
R 13 940
Deeds Office
R 1 000
Total upfront
R 31 600
All-in
Price plus every upfront cost you need at the deeds office
R 591 600

Estimate only. Transfer duty is the SARS Budget 2024 scale (still in force). Conveyancing and bond-registration fees use the LPC recommended scale — actual fees vary by attorney. Confirm with the conveyancer the seller bank appoints before bidding at a sheriff sale.

Description

is: ERF 10276 ERMELO, EXTENSION Foreclosing creditor: FNB.

Property

Erf size
572 m²
Erf number
10276
Sale type
Sheriff sale in execution

Auction details

Attorney

Phone
013 752 4459
Case
5588/2023
Know your total buy-in cost
Use the bond calculator above to estimate monthly instalments, transfer duty, and total costs at the current prime rate.
Bond calculator

RepoLens aggregates publicly published Government Gazette sale-in-execution notices and bank repo feeds. Reserve prices, auction dates and venue details should always be confirmed with the listed attorney before attending. Property descriptions are extracted from the Gazette text. RepoLens is not affiliated with any bank, attorney, bond originator, or financial services provider.