Property transactions are increasingly becoming targets for fraudsters and scammers. Whether you are buying, selling, or renting, it’s crucial to be vigilant and aware of potential red flags that could jeopardise your property deal or even result in financial loss. Here are some essential tips from real estate experts to help you stay safe....
First-time homeownership remains a challenging goal for many South Africans, particularly the youth. Despite a brief period in 2020/21 when interest rates were cut to record lows, participation by young buyers, defined as those under 35 years old, has continued to decline steadily since 2010. This is according to insights from the latest FNB Estate Agents Survey that looks at understanding how first-time...
Purchasing a new home is a significant step, and avoiding surprises during the moving process is crucial for a smooth transition. To ensure that you're making an informed decision, it's essential for your real estate agent to engage with the seller and gather valuable insights about the property....
Welcome to months 5-6 of your journey from renting to homeownership! You've made significant progress so far, and now it's time to focus on saving for your down payment and closing costs. These months are crucial as they lay the financial groundwork for your home purchase....
Selling a home is a significant decision that requires careful consideration and preparation. Before listing your property, it's essential to assess market conditions, understand the costs involved, and have a few tips for selling in a tough market just in case. Additionally, repeat buyers need to be informed about the changes in the home loan application process. We have compiled a comprehensive guide...
Selling a home can be a stressful and challenging process, especially when your property has been on the market for an extended period. However, there are several strategies you can employ to increase your chances of selling your home....
When sellers sign an Offer to Purchase (OTP), they often believe that the sale is secure. However, the reality is that numerous factors can cause a sale to fall through even after the OTP has been signed. Understanding these pitfalls can help sellers navigate the process more effectively and ensure a successful transaction....
In the dynamic South African real estate market, receiving low offers can be a common challenge for sellers. However, by understanding why you are getting low offers and implementing effective strategies, you can significantly boost your property's appeal and attract higher offers....
Despite what many will have you believe, buying a home shouldn't feel like a daunting task despite the complexities and legalities involved. With careful preparation and consideration of the journey ahead, you can streamline the property-buying experience. This guide will provide you with a step-by-step approach to buying a property in South Africa, helping you navigate the process with confidence....
Congratulations on reaching months 3-4 of your journey from renting to homeownership! As you move forward, it's time to dive into the critical stages of obtaining pre-approval for a home loan and researching various mortgage options. By the end of these next two months, you should be well on your way to securing the keys to your dream home. Let's explore the steps you need to take during these crucial...