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Monday Aug 20, 2012

Rawson survey uncovers main reasons for banks' rejecting bond applications

In an attempt to better understand the reasons why South Africa's banks across the board reject a fairly highly proportion of the mortgage bond applications that are submitted to them, the Rawson Property Group commissioned former ABSA bank Regional Manager, Mike van Alphen, to go through a large sample of Rawson Finance's July bond applications and analyze the ostensible reasons for their failure.

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Durban's Virginia Airport could be moved

Breaking months of silence - and possibly explaining the uncertainty behind lease renewals for Virginia Airport operators - the eThekwini municipality has indicated that it may be looking at alternate plans for the airport site and operations.

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It pays to check if your home is over-insured in today's market

Property owners, especially those who took out their insurance policies several years ago, should take the trouble to check whether they are not over-insured.

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Selling property is about 'price and proximity'

The importance of seller's realistically pricing their homes is evident in the Stellenbosch property market, says Dorothy Foster of RE/MAX Oaktree, which has serviced the Stellenbosch area for over 12 years.

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Papier heads troubled estate agency board

Attorney Taswell Papier admits he has a "daunting task" ahead to right the dysfunctional Estate Agency Affairs Board (EAAB), following his appointment as administrator this week.

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'Do you really want a pool?'

At this time of year, homeowners often think about putting in a pool in time for summer, and there are many good reasons to do so, but you shouldn't count on it adding much value to your home.

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