Repossessed property owners dealt a blow
The courts could not place a reserve price on a property when its was sold in execution, the Gauteng High Court, Pretoria, ruled in what could be a blow to thousands who lost their homes, or stand to lose them, after failing to pay the bond.
[Read More]Posted at 10:58AM Mar 26, 2018 by Editor in Auctions |
Hijacked Joburg house retrieved
A family of four were left homeless yesterday after the owner of a hijacked Cleveland, Joburg house finally got it back.
[Read More]Posted at 08:44AM Nov 10, 2017 by Editor in Auctions |
Auctioned estate residents refuse to move
When Hillcrest pensioner Gale Nel secured her bid for a home in the Camelot Estate during an auction in September last year she looked forward to the comfort and security it would provide.
[Read More]Posted at 09:48AM Oct 23, 2017 by Editor in Auctions |
'Court should demand reserve price in execution sales'
The Ga-Rankuwa man who fell into arrears with the repayment of his bond is asking the court to order that there should be a reserve price set when a house is sold in execution.
[Read More]Posted at 06:37AM Oct 11, 2017 by Editor in Auctions |
Property auctions gaining in popularity
Auctions have become a popular market place for property buyers and sellers because of the "straight forwardness" of the transaction.
[Read More]Posted at 07:28AM Oct 02, 2017 by Editor in Auctions |
Clifton house breaks residential auction bid record
A winning bid of R90 million on a Clifton villa yesterday broke South Africa's residential auction price record.
[Read More]Posted at 11:17AM Nov 25, 2016 by Editor in Auctions |
Controversial Arthur J Brown's hotel, spa up for auction
The luxury Sante Hotel and Spa, near Paarl, the last of the Fidentia assets, will go under the hammer next week, almost nine years after the huge corporate fraud scandal rocked the country.
[Read More]Posted at 06:20AM Nov 23, 2016 by Editor in Auctions |
Last of Fidentia's properties go under hammer
Nine years after the heart-breaking Fidentia scandal rocked South Africa, the last of the Fidentia assets will finally go under the gavel on December 1.
[Read More]Posted at 06:29AM Nov 21, 2016 by Editor in Auctions |
Gauteng Premier's controversial house to go on auction
Gauteng Premier David Makhura's official residence in Bryanston, Sandton, is up for sale. He revealed this yesterday in a reply to questions by the DA's Jack Bloom in the legislature.
[Read More]Posted at 07:50AM Sep 28, 2016 by Editor in Auctions |
Krejcir's Linksfield mansion on auction
The mansion on Linksfield Ridge where Radovan Krejcir's former Playboy model girlfriend used to live is soon to be auctioned.
[Read More]Posted at 07:20AM Apr 28, 2016 by Editor in Auctions |