Levy increases are an essential aspect of property ownership in sectional title schemes. As property owners within these complexes, the responsibility of maintaining, managing, and repairing common property falls on the body corporate—the collective of unit owners. The funds necessary for these responsibilities are generated through levies, which are typically adjusted annually. These adjustments are...
With the recent 25 basis point cut in the interest rate, many South African homeowners are wondering if now is the right time to refinance their properties. But is this a good move?...
Buying a home in any market can feel daunting, however, it can become even more nerve-wracking when the market is tight and you need to make decisions quicker than you would have if it wasn’t. So how do you approach a tight market as a buyer? What do you need to do to secure your dream home? Below we share insider tips and expert strategies to help you find a home that not only meets your lifestyle...
Navigating through changing economic tides requires foresight, adaptability, and strategic planning. “As global markets fluctuate, geopolitical tensions arise, and technological advancements reshape industries, potential investors should be armed with the right knowledge, using smart strategies to be able to thrive in the dynamic world of real estate,” explains John Herbst, CEO of Fine & Country...
For many people, the dream is to own their own home, and considering property has long been touted as a good investment on the basis that it’s a tangible asset that appreciates over time, it makes good financial sense. However, to effectively capitalise on an investment in a dynamic marketplace, one has to understand the meaning of value in this context and be aware of the key factors which contribute...
The process of buying a home involves several critical steps, one of the most important being the signing of an Offer to Purchase (OTP). Understanding its legal implications and the necessary steps that follow can save both buyers and sellers from costly mistakes....
Are home inspections really worth it? Imagine finding your dream home, only to find out later that it has a plethora of issues that is going to cost you an arm and a leg to fix, or maybe you are a seller than needs to make a quick sale on your property only to have it dragged out because of issues you weren't aware of when you listed. A home inspection can help both buyers and sellers avoid these costly...
It has been one of the coldest, wettest winters for some time which has kept many buyers away from show houses, especially in the rainy areas, but better times are ahead according to the Seeff Property Group....
Selling a property in South Africa can be an exciting and rewarding endeavour, whether you're aiming to capitalize on your investment or seeking to finance the purchase of a new home. However, understanding the legal steps involved is crucial to ensure everything runs smoothly. Failing to comply with the necessary legalities can lead to costly delays, disputes, and complications....
Whether you are a potential buyer, seller, or investor, understanding average house prices is crucial for making informed decisions. We take a look at the factors that influence house prices, the role of data and analytics in assessing market trends, and the importance of considering both regional variations and long-term trends....