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Tuesday Mar 28, 2017

Don't rely on cooling-off period when buying a property

Once an Offer to Purchase has been signed by both the buyer and seller, it immediately becomes a legal and binding Sale Agreement

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'Demolish decaying, abandoned homes for new life in neighbourhoods'

An increasing number of decaying and derelict homes is being brought to the attention of the City of Cape Town and currently almost 1 300 buildings throughout Cape TownÂ’s suburbs could potentially be demolished.

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Monday Mar 27, 2017

Foreign buyers pinched by strong rand

Home buying by foreigners increased in the first quarter of this year compared to the previous quarter, despite the ongoing debate in the government about land reform, scrapping the "willing buyer, willing seller" principle and the expropriation of land without compensation.

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Thursday Mar 23, 2017

Clairwood residents 'overwhelmed' by commercial development

Irate Clairwood residents, armed with bundles of research, faced off with city officials at a public meeting on the future of the embattled suburb last night.

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Wednesday Mar 22, 2017

FNB reports mild rise in secondary home buys

There has been a mild improvement in the buying of secondary homes, such as holiday homes, homes for use by a relative and buy-to-let homes, in line with signs of an improved economic environment.

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Monday Mar 20, 2017

Durban calms property owners' valuation roll fears

The eThekwini Municipality has assured residents that if their properties were not reflected in the latest valuation roll, they would feature in an upcoming supplementary roll.

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Retirement savings can open door to owning a home

Instead of using a mortgage bond to finance a property, an alternative is to take out a pension-backed housing loan. This is an attractive option for lower-to-middle-income earners who have been continually employed for a number of years and have built up substantial savings in their retirement funds.

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Tuesday Mar 14, 2017

Separate meters for water and electricity in ST schemes

There's no doubt that the best way to manage the costs of services such as water and electricity in sectional title schemes is by having separate meters installed for each unit.

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Ekurhuleni admits valuation roll errors

The City of Ekurhuleni has alerted residents that some property owners have been issued with incorrect information in some section 49 letters issued in terms of the general valuation roll inspection process.

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Monday Mar 13, 2017

Payprop measures 'significant' rise in residential rentals

The Payprop Rental Index has shown that the average rental in South Africa breached the R7 000 threshold in the fourth quarter of last year, at R7 062.91.

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