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Articles of Interest

WHY LOW LEVIES IN A SECTIONAL TITLE SCHEME AREN’T ALWAYS A GOOD THING

WHY LOW LEVIES IN A SECTIONAL TITLE SCHEME AREN’T ALWAYS A GOOD THING When buyers are looking to purchase a unit in a sectional title scheme, one of the first questions they will ask is, “What will the levy payment be each month?”. Buyers tend to compare the costs of different apartments and rate them…

TIME TO WINTERIZE YOUR HOME!!

TIME TO WINTERIZE YOUR HOME!! The topic of drought has been in the national discourse for months now and millions of South Africans have been hoping for rain to revitalize the nation’s agricultural industry and bring food inflation to heel. But while rain would be a great blessing for South Africa, in certain instances it…

THE RIGHT INFORMATION WILL ASSIST THE AGENT

THE RIGHT INFORMATION WILL ASSIST THE AGENT An open communication channel is imperative to the relationship between a prospective home buyer and the real estate professional they choose to work with, says Adrian Goslett, Regional Director and CEO of RE/MAX Southern Africa. He notes that in order for an agent to fully understand what the…

SA Property Market Swinging to Favour Buyers – 29 June 2016

SA Property Market Swinging to Favour Buyers The residential market up until 2015 was essentially a sellers’ market driven by low interest rates, strong demand from buyers and a shortage of stock. “With fewer and more cautious buyers in the market this year, relative to the number of sellers, the competition is not only between…

HOW WILL HIGHER INTEREST RATES AFFECT SA’S PROPERTY MARKET?

HOW WILL HIGHER INTEREST RATES AFFECT SA’S PROPERTY MARKET? This month marks the third Monetary Policy Committee meeting this year, where the Reserve Bank will decide tomorrow whether the prime lending rate will be hiked or remain at its current level of 10.5%. Prospective home buyers and homeowners alike should draw up a budget to…

HOW TO CHOOSE AND DECORATE WITH TILES.

HOW TO CHOOSE AND DECORATE WITH TILES. Tiles were initially found in the form of glazed bricks dating back as far as the 13th century BC. Tiles can be used to create a wide or narrow effect, and horizontal or vertical borders with colourful mosaics or tiles cut into narrow strips. Till today, tiles are…

STAY IN THE RENTAL MARKET OR BUY

STAY IN THE RENTAL MARKET OR BUY With 2016 touted as a financially challenging year, many buyers may be hesitant to take the step towards home ownership and are quite content to stay within the rental market for the time being, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa. “There will…

GET YOUR BOND DOWN FASTER WITH LUMP SUM DEPOSITS

GET YOUR BOND DOWN FASTER WITH LUMP SUM DEPOSITS It has become common knowledge among homeowners that paying a little extra off your home loan every month can dramatically reduce the term of the loan, and result in big savings on interest. On a R1 million home loan at current prime rate of 10.5%, one…

ESTATE AGENT VS PRIVATE SALE

ESTATE AGENT VS PRIVATE SALE Sell your home: Estate Agent vs Private Now that you are ready to sell your property, you are probably debating whether to sell your house privately or through an Estate Agent. While selling a home privately seems like a great way to save money, it also means that you will…

DISTRESSED HOMEOWNERS – THERE ARE WAYS TO SOFTEN THE BLOW

DISTRESSED HOMEOWNERS – THERE ARE WAYS TO SOFTEN THE BLOW Proactively selling your home before legal action will almost always give you a better price for your property – as well as save on other expenses and adverse credit records that are incurred during the lengthy and stressful legal process. “Getting into financial difficulty and…

CONSIDERATIONS WHEN SELLING A HOME

CONSIDERATIONS WHEN SELLING A HOME Factors to consider when selling a home As a homeowner, buying your home was probably one of the biggest investments you ever made. So when it comes to selling your home, you need to make sure the process runs smoothly to reap the benefits of that investment. Most homeowners hope…

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