I’ve Sold my House — How do I get Early Access to the Sale Proceeds?
Your house is sold! You’ve found your dream buyer, signed the papers, and visions of your next chapter fill your mind. But then reality hits. Your hard-earned sale proceeds sit trapped, while life demands cash now!
The good news? You can get early access to your sale proceeds. Seller Advance is a solution made for the thousands of South African home sellers that face this bind each year.
Here’s how it works, step by reassuring step.
The Realities of Waiting for Your Property Sale Payout
When you sell a property in South Africa, the transfer can take 8 to 12 weeks from the date the agreement is signed to final registration.
Even if your conveyancer successfully navigates rates clearances and bond cancellations in record time, Deeds Office queues can cause serious delays.
But in the meantime, your life keeps moving:
- The company moving your belongings from Fourways to Rondebosch won’t wait until your transfer goes through to invoice.
- No matter where in SA, Mossel Bay or Midvaal, you’ll still need to settle 3-months’ worth of municipal rates to keep the transfer process going.
- The loan you took for repairs to your new Durban home won’t stop accumulating interest while you wait for a payout in 90 days (or so).
- And your farm’s cash flow won’t improve until the land portion you sold is realised.
You can’t afford to have thousands of your Rands locked up with lawyers. This is where a property sale advance provides relief. It unlocks up to 80% of your net proceeds (sale price minus bond, commissions, and rates) when you need it most.
How a Property Sale Advance Works Step-by-Step
1. You start with a simple online application.
Share your signed offer to purchase and basic details about the sale. We review everything quickly—often within hours.
2. Your conveyancer will provide a one-page undertaking.
They confirm the net proceeds and agree to repay us directly from the final payout at the time of registration. No hassle for you.
3. Funds are deposited in your account quickly, usually within 24 hours of approval.
You get up a large portion of your net proceeds, after bond, commissions, and rates. We charge a clear, flat weekly fee. You know the full cost upfront, with no hidden extras or compounding.
4. At transfer, your attorney settles everything automatically.
The advance plus fee is deducted from your proceeds. You receive the balance, clear and simple.
Seller Advance vs Traditional Bridging Finance: Quick Breakdown
| Aspect | Seller Advance | Traditional Bridging Finance |
| Repayment Source | Direct from your sale proceeds | Monthly payments from your income |
| Approval Speed | 24 hours typical | 3–7 days, more paperwork |
| Amount Available | Up to 80% net proceeds | Based on credit, often lower |
| Fees | Flat weekly, no compounding | Interest that builds monthly |
| Risk to You | None—tied to guaranteed sale | Personal liability if the sale falls through |
Seller Advance is a good fit when your sale is solid and unconditional. It keeps things straightforward.
Why Taurus Capital Seller Advance Fits Your Wait
You’re not just another transaction to us. As a proud BFASA member backed by Opus18 Capital Partners, we built Seller Advance for real South African sellers facing these exact delays.
We advance from R50,000 to R5 million, secured only by your guaranteed proceeds. No personal assets at risk. Our team guides you every step of the way and answers questions quickly.
Thousands of sellers have moved forward without stress. Your cash flows when life demands it, not months from now.
