I have just found the perfect home and I really want to buy it. But the home already has a tenant in place. What now? - Trevor
Hi Trevor, the lease agreement is legally binding and was in place before, so it still stands - regardless
Homes for sale sit for the least amount of time on the market in the Tshwane metro than in any other city region, averaging 10.14 weeks (just over two months); Ethekwini’s homes for sale took longest to sell, averaging 17.29 weeks, followed by Mandela Bay’s
Hi, my primary residence for the last 17 years was acquired for R400,000. I have spent another R100,000 on improvements but do not have invoices. The municipal valuation is about R1,5m currently, and I have no mortgage bond on the property.
I plan to acquire another
A portfolio of six mixed-use buildings in the Joburg CBD, a staff compliment of close to 100 people, a management book of 90 properties, plans to increase expansion to the rest of Gauteng and eventually reach national level. It’s hard to believe that Solomon “Solly”
Hi, the electrical system is non-compliant in a flat (no trip switch) and the tenant is paranoid. The owner is kicking against the work being done and he asked us to wait a bit as he is overseas and only returning late April.
Our tenant and
Hello, I bought a sectional title unit with my ex-fiancée through a joint bond. She moved out two years ago and we separated.
I have been paying the bond alone. I approached the bank to do a refinancing in my name alone, though I had a
Negotiation touches every part of our lives. Relationships in business and in our personal lives are negotiated. And the skills to do it effectively can often mean the difference between getting what you want or losing out. You don’t get what you deserve, you get
Many people look at buying properties on auction hoping to find a bargain of a lifetime, sometimes only to realise it was the mistake of a lifetime. All too often purchasing repossessed and distressed properties have a number of associated potential nightmares, especially when it
Hi there, Please explain what the difference is between leasehold versus freehold property? I’d also like to understand if a freeholder is entitled to increase the service charge at free will - Mianka
Hi Mianka, thank you. I’ll start of by addressing the first half of
One of the most stressful parts about buying or building a new home is the waiting period between submitting your documents and essentially receiving a yay or nay from the four major commercial banks.
Understanding each bank’s criteria for lending and how much risk appetite they