Active since Oct 2017
This institution is nonsense, i am currently selling a house a couple owned with ex husband, we bought a house in 2013 at R514 000, i am in shock to learn that the settlement is R828 188 , what have we been paying for for the past 10 years. This is rediculous.
My husband and i are currently selling our house, we bought the house 4 years ago, and we are financed by hip ( housing investment partners) we just put a 3months notice to sell the house and the settlement amount is R644 000, the cost of the house when we got it was R525 000, but only got financed R514 000. But my problem is i don't understand y the settlement of the house it's higher than what we bought the house for. What exactly where we paying for for four years. For us it's just doesn't make sense. Please advise and more knowledge on how this calculations were done. Your assistance will be highly appreciated. Thank you!