Once you have taken the big decision to sell your home, the next most critical move is to decide the asking price. And that demands serious thought and attention, says Gerhard Kotzé, because, notwithstanding the recent interest rate increases, incorrect pricing remains the biggest reason for homes remaining unsold....
With interest rates increasing by a substantial 0.75% for the second consecutive time this year, homeowners are understandably concerned about the impact this will have on their monthly bond repayments. Carl Coetzee, CEO of BetterBond, offers six ways to manage your bond when your repayments fluctuate....
Real estate has shown remarkable resilience over the years, defying the odds and major disruptions to become the world’s biggest store of wealth however, with significant shifts now transforming the property landscape, keeping abreast of emergent trends is key to reaping rewards and growing wealth....
The accelerated switch to remote working over the past two years and the resulting “great migration” from big cities to smaller country and coastal towns are also driving a significant increase in the number of people who are buying stands and building their own homes....
If you are selling your home you might have come across a few tips and tricks on how to price your property - but the truth is that many of these are just myths and could actually get in the way of selling your home. We take a look at seven of the most common myths and the truth...
When buying your first home, it can be daunting to consider how to afford the monthly home loan repayments. It is possible to lessen this expense by paying a deposit. In addition to increasing the chances of securing a home loan, there are many other reasons why a deposit will benefit buyers in both the short and long term....
The further increase of 75bps in the repo rate announced by the Monetary Policy Committee yesterday is disappointing for aspirant home owners requiring credit and existing home owners with mortgages, all of whom are already having to contend with the economic impact of severe load shedding, high fuel, and rising food costs, and increasing electricity and other municipal tariffs, says Dr Andrew Golding....
While many might have seen or heard that interest rates are climbing, equally as many will fail to fully understand exactly how this affects them, which means that they are unlikely to know how to adequately prepare if interest rates continue to climb....
When drawing up the criteria for a property search, buyers will need to decide between sectional title or freehold ownership —both of which have their own sets of pros and cons. To decide which is better suited to their needs, buyers should aim to fully understand what each of these entails....
We survived masks and lockdown restrictions during the pandemic, only to be confronted by a new challenge: load shedding. With Eskom’s aging infrastructure and the slow pace of the transition to renewable energy alternatives, load shedding is likely to become more frequent in the foreseeable future, and it will continue to affect the way we work, live, and play....