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%)....
Home Loans
Whether you need to relocate fast for a job or you are trying to find your dream home in a competitive market, being able to make an informed decision quickly is a vital step to not only finding your forever home but also ensure you avoid buyer's remorse if you have to make a decision instantly. Here we take a look at 6 tips to guide you through this process....
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....
With the raising of the transfer duty exemption threshold to R1.1 million with effect from the 1st March, there are plenty of reasons for first-time buyers to get into property this year, says Samuel Seeff....
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....
Buying or selling a home is a significant financial decision, and it is crucial to have a clear understanding of the process. Asking questions can provide reassurance and, in some cases, is essential. In this article, we explore the top five frequently asked questions about buying or selling property and provide answers to help you navigate the process better....
It doesn't matter what the market conditions are like when you start your home buying journey. Favourable market conditions don’t mitigate the potential pitfalls and, unfortunately, buyer’s remorse is not uncommon amongst first-time buyers, usually as a result of neglecting to do their homework and ensure they are thoroughly prepared....
How much house can you afford to buy? It is a complicated question, but it is one that you absolutely have to answer to ensure it helps rather than hurts your financial fitness. To fully answer the question on how much you can afford to buy, you will need to know the answer to two other vital questions: how much you can put down as a deposit and how much can you spend once you actually live in the...
For first-time buyers, the home loan application process can feel quite overwhelming but if you are prepared for all the financial questions ahead you will be in a much better position to have your bond approved. If you are getting ready to apply for a home loan, you need to assess your financial well-being and you should know the answers to the following questions:...
Unsurprisingly, weight loss, improved self-care, doing more exercise, and saving money are among the most common new year’s resolutions people make. And while there’s certainly nothing wrong with any of those, how about including resolutions for your property? “Property is a significant investment and one that bears looking after and setting ‘goals’ for how you manage and look after that...