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...
Property investment has long been heralded as a sound and smart choice for investors seeking to build wealth and secure financial stability and, with growing economic uncertainty making investors cautious, more and more people are adding real estate to their investment portfolios....
When it comes to buying a home, misinformation can lead to costly mistakes and unnecessary stress. Let’s debunk some common myths to help you make informed decisions on your home buying journey. Myth 1: I Need a large deposit While having a deposit to offset the enormous cost of buying property is advisable, a large deposit isn't always necessary. It is still better to have some deposit than none at...
Whether you are renting a flat or a house, you should leave it in a good state to safeguard your deposit....
Renting out a garden cottage within your property can be an enticing prospect for many homeowners. It offers the opportunity to earn extra income and utilise unused space. However, like any decision, there are both advantages and disadvantages to consider before taking the plunge into becoming a landlord on your own property....
Buying the right kind of residential property in the right location and at the right time in an interest rate cycle, are key ingredients for extremely sound investment potential....
Investing in real estate has long been considered a reliable strategy for building wealth because while stocks and bonds are often the go-to investment options, property is a tangible asset which offers unique advantages that can accelerate wealth accumulation over time....
Homeowners in South Africa are under pressure despite the recent pause in interest rate hikes, leading to many homeowners selling up or renting out their homes and moving into smaller rental properties....
Moving into a rental is almost always regarded as a temporary arrangement, which often means that the tenant doesn’t pay too much attention to the ins and outs of the agreement and then gets caught off-guard when something goes wrong....
Buying a home is a significant decision that requires careful consideration of various factors. When deciding whether to buy a home or whether you should rent, it's essential to evaluate all the pros and cons of both options before you make your decision. But before you can think about making a huge financial decision, you need to know whether or not you are ready to buy a home....