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Friday Sep 18, 2020

REAL ESTATE AGENT & TRANSFERRING ATTORNEY: WHY YOU NEED BOTH

A real estate transaction is a multi-faceted process that requires the expertise of multiple professions. While a real estate practitioner adds most of their value at the beginning stages of the process, the transferring and conveyancing attorneys begin their work at the end of the sale. Both professions are vital to concluding seamless property transactions.

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Thursday Sep 17, 2020

Rate decision welcomed as first-property buyer's market booms, says Seeff

The decision by the South African Reserve Bank (SARB) to retain the repo rate at 3.5% (home loan base rate at 7%) is welcome news, says Samuel Seeff, chairman of the Seeff Property Group.

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WHICH GREEN FEATURES ADD INVESTMENT VALUE

Investing the money in environmentally friendly enhancements for a home is not only a way to protect the environment and save on monthly energy costs, but it can ultimately help a home stand out when the time comes to sell - provided the correct features are installed.

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Under the hammer - what to know about buying property on auction

Buying property at an auction does not necessarily guarantee that you'll get a better deal. This is the sentiment of Skoko Sebola, Principal at Leapfrog Midrand, who shares that they are getting more enquiries about whether purchasing property at an auction is the way to bagging a bargain.

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Can foreigners own property in South Africa?

Foreigners may purchase and own immovable property in South Africa without any restrictions, as foreigners are generally subject to the same laws as South African nationals. The only foreigners disqualified from owning property in South Africa are foreigners that are here illegally.  

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6 reasons why a deposit is important when buying property

Buying a home is one of the best long-term investments most people will ever make. However, taking the first step to make a purchase can sometimes be daunting and even intimidating, more so now with the current unprecedent times we live in.

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Tuesday Sep 15, 2020

Could co-living be the solution to save on rentals post-COVID-19?

Co-living, a new-ish take on accommodation, is gaining momentum across the world as an innovative model to embrace - or elbow nudge – that could very well support the new normal way of living we now find ourselves in, in terms of affordability, accessibility and functionality.  Although one might conjure up visions of hippie-type seedy communes of the 1970s, modern co-living brings a smart and appealing solution to a new-found, progressive property market, be it for investor or resident, and particularly now for tenants who find themselves unable to honour their rentals during the Covid crisis. 

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Monday Sep 14, 2020

Backyard rentals offer real gains

The informal housing rental (or backyard rental) sector is transforming as it expands, and utility management is key in the new landlord-tenant relationship.

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Sellers beware - another real estate slowdown on the way

If you're a home seller, you should absolutely not withdraw your property from the market now in the hopes of selling it at a higher price next year.

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Friday Sep 11, 2020

Unblocking the chain

Blockchain should be used to address opportunities and problems

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