Preparing to sell your property? We take a look at some of the costs you need to be ready for when selling your home....
Finance
Homeowners and future home buyers often consider fixing the interest rates on their home loans - and with concerns about inflation and rising living costs, this has become a hot talking point once again. Fixing your interest rate means that you will know what you will pay on your bond each month, irrespective of where we are in the rate cycle - but is this the right option for you?...
To the dismay of many South Africans, the MPC might be poised to deliver yet another interest rate hike at the upcoming meeting in May....
A key fallout of the higher interest rate and cost of living is that it has driven many potential property buyers out of the market. While there are always exceptional areas, Samuel Seeff says that overall, the reality is that there are now fewer buyers in the market....
Due to load-shedding as well as the soaring cost of electricity, thousands of South Africans are investigating their options with regard to solar power. Understandably, they have a lot of questions. Solar energy experts Versofy SOLAR received more than 5 000 enquiries around home subscriptions since January, and they keep coming....
Samuel Seeff says the outlook for the property market remains stable and active despite the decision by the SA Reserve Bank to hike the repo rate by another 50bps to 7.75% (base home loan rate to 11.25%)....
Selling your home yourself and keeping the commission in your pocket instead of paying it to an estate agent may sound like a good idea but you should be aware of the dangers before you decide on this approach. The dangers of selling your own home, may include the following:...
South African homeowners are probably very well aware that changes to interest rates can have a significant impact on a home loan and, of course, one’s overall financial wellbeing. While a challenging economy and recent interest rate hikes may have some homeowners feeling a little worried, there are measures that can be taken to reduce the impact of these increases on your wallet....
It is impossible to time the property market with total accuracy but, for those who know what to look out for, there are a few key indicators that can point to a potential change in market conditions....
With the escalation of the Eskom energy crisis and concerns about the economic impact on the already higher interest rate and cost of living concerns, the question arises as to whether it is still a good time to purchase a property....