Sectional title homes are the properties of choice for a large percentage of first-time homebuyers in South Africa – but while they generally offer excellent value, there are some other factors that buyers need to consider before they sign a sale agreement....
If you are in the market to buy a home, deciding between a freehold property or opting for a home in a gated estate is usually one of the first questions you need to answer to ensure you find what you are looking for....
Preparing to sell your property? We take a look at some of the costs you need to be ready for when selling your home....
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....
Many sellers are caught off guard when they find out that there is more than just the agent's commission that they will be responsible for when selling their home. To protect yourself against being left with less than what had been budgeted for, you should talk to your chosen property professional about all the expenses involved and budget for them accordingly. Below we take a look at four main expenses...
Both sectional title and freehold ownership come with their own sets of pros and cons. For those who prefer one type of ownership over the other, it is sometimes possible, albeit a somewhat lengthy process, to change the zoning of an existing property....
Most community housing schemes are in a constant battle to contain operational costs and keep monthly levies low – and that includes gated estates that are run by a Home Owners’ Association, says Andrew Schaefer. “And fortunately, there is quite a lot that HOA directors can do to reduce expenses and save owners money, although they do need to be careful not to sacrifice essentials such as...
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....
The Covid-19 pandemic and two years of lockdowns played havoc with the finances of many community housing schemes, and many are still struggling to catch up on arrears payments to various creditors, while simultaneously trying to tackle overdue maintenance issues and keep up with current demands on their budgets....
While there is today a greater awareness of the benefits of owning a residential property to rent out for passive income, aspirant landlords are faced with some key decisions when making this kind of investment....