30 Magalies Street - MR477029

House in Koster, North West, North West

R 800,000 to R 1,500,000

SA Home Loans Sale in Execution Property

Property to be sold on sheriff auction "as is"

Auction Date: 26 Jul 2024 at 09:00

30 Magalies Street - MR477029
House in Koster, North West, North West
R 800,000 to R 1,500,000
SA Home Loans Sale in Execution 4 Bedroom House for Sale in Koster - MR477029
Front View
Front View of property in Koster
Front View of property in Koster
Front View of property in Koster
Backyard of property in Koster
Backyard of property in Koster
Backyard of property in Koster

Key Features


  • 4 Bedrooms
  • 2 Bathrooms


  • 2 Garage


  • Lounge


  • Kitchen

More Features

  • Property Type - House
  • Seller Type - SA Home Loans Sale in Execution
  • Floor Area - 604m2

MyRoof Stats

PID=477029 DID=501446 SID=96


View Exact Location
One of our agents will contact you with the exact location of the property.
Please note that while we do our best to ensure that every property’s floor plan and location is correctly mapped, we cannot guarantee accuracy.
Please Contact Us should you have any queries.
Join thousands of happy customers who’ve sold their properties for Free with No Commission - Sell Property

Who are SA Home Loans?

SA Home Loans is a specialist mortgage provider using safe and secure, but innovative new ways to offer a range of home loans to South Africans. Banks get their funding for home loan finance from wholesale and retail money and capital markets and lend the money to consumers.

Continue reading...

SA Home Loans is a specialist mortgage provider which uses an established and accepted means of funding in other markets all over the world. Your security is the same as with a bank, as your home is registered in your name at the Deeds Office.

We are not a mortgage originator who operates in a similar manner to an insurance broker. Mortgage originators get home loan offers from various financial institutions on your behalf. The financial institutions pay the mortgage originators a fee for finding them new clients. This is not what we do. We are the financial institution that provides you with the home loan directly, and services you as our valued client thereafter.

For more information about SA Home Loans please visit our website or call us on 0860 2 4 6 8 10.

How does SA Home Loans operate?

SA Home Loans offers a fresh alternative to South African homeowners. We’re mortgage specialists who are 100% focussed on offering your innovative home financing that stays in tune with your lifestyle and your changing needs, for life. We take the time to find out your needs, we come to you, and we work with you to find the right product options for your unique needs. Plus, we offer related home products such as homeowner’s cover and bond protection cover. In a nutshell, we’re risk free, innovative mortgage specialists.

What financing options does SA Home Loans provide?

In addition to providing home financing for new purchases, we also specialise in “switching”. What is switching?

When you already own a property and have a home loan and wish to switch your home loan to another provider to put yourself in a better position financially. This could be because you get a better rate, but there are lots of other considerations too. You may switch to get better access to the equity in your mortgage or to take advantage of product features that reduce your risk, or you could be looking for better service and support from your home loan provider.

For more information about SA Home Loans and the home financing options that are available to you, please visit our website.

What is a Sale in Execution or "Sheriff's Auction"?

A sale in execution is a public auction of a bonded property by the Sheriff of the Court. A sale in execution is usually the last step that is taken when clients are unable to service home loan repayments; the home loan is in arrears, and all other efforts at rehabilitating the loan has failed. In addition to being listed on Private Property, properties sold in this manner must also be advertised in the Government Gazette and two local newspapers.

A sale in execution happens at a specified date and time at the property in question. The sheriff will describe the property, note the conditions of sale, and start the bidding process. Interested buyers bid against each other until the highest bid is achieved. Once the bidding has stopped, the sale in concluded at the fall of the sheriff’s hammer. As SA Home Loans is not the legal owner of the property it cannot decline the final bid price, even if the property is sold for lower than the outstanding balance on the loan.

The conditions of sale mentioned above will cover items such as deposit due, when guarantees for the balance of the purchase price must be provided, commission payable to the sheriff, that the buyer is responsible for occupation; it may stipulate that the buyer is also responsible for any outstanding levies, rates, taxes; and various other conditions that may also be applicable.

Notes about this property by MyRoof

This house is for sale in Koster. This is a SA Home Loans Sale in Execution Property .The following description of this suburb will give you a better idea of Koster. Koster is located between Swartrugens and Derby in the North West province

Continue reading...

This single storey house floor area was measured at 604m2.

To buy this property you need to be present at the Sheriff auction as indicated when clicking the "Contact Details" button.

Do you want to sell property in Koster? Via MyRoof, you can sell house in a few easy steps, with professional help, every step of the Sell My House way. We've achieved 12 private property sales in Koster. Because of our superior offering, there is a high demand from people to sell property in Koster. To market your house online for free, click on the "Sell My Property" tab at the top of the page or the "Sell House" button on the right of this page.

What's Next?

Contact Details

Contact the seller directly. Access the seller's e-mail address and phone number.


Save this property to your favourites for later review.


We will e-mail you when another property of this kind becomes available in Koster.


Share this property via e-mail or Facebook.


Compare this property to other properties.


Boost this property on search results.

Compare x Properties ×