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Tuesday Nov 24, 2020

Rental price crash continues in third quarter

The South African rental market recorded new lows in September 2020, with growth measuring just 1% over the same month in 2019.

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Monday Nov 23, 2020

Sir Lowry Square launched in Woodstock, Cape Town

A new development takes to the skyscape in trending and developing Woodstock.

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The difference between an estate agent and a broker

While the difference between a real estate agent versus a broker or principle will have little to no effect on their clients, the distinction will have some career implications for the real estate professional in question.

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Tuesday Nov 17, 2020

Bo-Kaap development given green light

Cape Town's Municipal Planning Tribunal has approved a development in Bo-Kaap, which residents have opposed.

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Monday Nov 16, 2020

Know your rights as a tenant and save money

"Being familiar with the rental regulations, especially regarding moving in and out inspections and deposits can save you from having to fork out for additional expenses, as well as from unnecessary stress and delays."

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Why it is a bad idea to make multiple offers at once

Once an Offer to Purchase has been signed by both the buyer and seller, it immediately becomes a legal and binding Sale Agreement. The cooling-off period during which a buyer may cancel the agreement is so seldom applicable that buyers should never falsely assume that they can get out of an offer without any legal recourse.

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What it means to buy a property in distress

Distressed property sales refer to homes that have been put onto the market because the homeowner has fallen into some sort of financial peril and can no longer afford to keep up with his debt repayments.

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Friday Nov 06, 2020

More tenants opt for property ownership

"Tenants that meet the banks' lending criteria are now using the opportunity to purchase properties at a lower price, due to an over-supply of available sales stock and a lower effective lending rate."

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Deciding between multiple offers

When considering multiple offers, Adrian Goslett recommends considering three aspects : suspensive conditions of the offer, the financing of the deal, and the date of occupation.

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Tuesday Nov 03, 2020

Understanding occupational rent in case of delayed transfer

Many transfers are going to be delayed as a result of the Deeds Office closure at lockdown Alert Level 5 and 4, so it is important for all buyers and sellers to understand occupational rent.

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