Whether you are a first-time property buyer, a seasoned investor, or considering downsizing, there are important questions you need to ask before buying a sectional title property....
Finance
As a first-time buyer, you might be wondering whether you should buy a freestanding home or a unit in a sectional title scheme - we find out why buying a sectional title could be a great choice for you....
The repo rate, which directly impacts interest rates, affects many aspects of an economy, such as the exchange rate and money supply. As such, it can be used to manipulate spending to reach certain economic goals. For example, when spending and hence economic activity is low, the Reserve Bank may lower the interest rate to lower the cost of borrowing money, effectively incentivising consumers, and...
Buying a new home can sometimes be fraught with challenges, from a lack of funds to a lack of available homes, or even just complicated family dynamics to navigate through. In most cases, there are workarounds for the challenges if buyers are willing to lean into the advice provided by a local real estate professional....
Beginning your house hunt without getting prequalified could leave you disappointed at not being able to afford the home you have fallen in love with....
Owning a home entails a lot of financial responsibility and along with that comes the ability to do home maintenance that will not only help maintain the value of your home but also save you money in the long run....
The interest rate remains low-ish, despite the recent hike, which means it is still possible for more first-time buyers to enter the property market....
Selling your home quickly not only means you can move on with your life - you also don’t have to keep it pristine all the time, juggling your schedule to make time for viewings. However, during tougher economic times sellers need to pull out all the stops in order to yield the highest possible return in the shortest possible time.”...
Financial fitness is often stressed for buyers as they need to be able to show a clean credit recordand affordability for bond requirements - however, financial fitness for sellers is equally as important as they too need a clean credit record for future purchases....
If you are planning to buy your first home this year, put yourself in the best position to do so by sticking to these ten financial fitness tips....