Some 11% fewer homes were transferred in Q3 2016, compared to Q3 2015, which translates into a market where buyers just cannot afford to purchase the homes listed on the market. Tenants have also been forced to rent for longer due to a lack of
Buyers paying between R362,873 and R664,093 are most highly dependent on receiving 100% bonds to be able to afford their new home purchases. In fact, more than two thirds (62.28%) of loans in Q4 2016 in this purchasing price band received 100% and higher bonds.
There is no user manual for all aspects of homeownership, from moving, to taking occupation and to maintaining and understanding common and uncommon defects. Albert van Wyk has more than 38 years’ worth of building experience and has put all he has learned into a
Big-ticket upgrades to your home, such as an extra bedroom or bathroom, in fact return the least on sale. This is according to Remodeling Magazine, which published a cost vs value report studying the past 30 years. And as it turns out, the most common home
Hi, I have two questions:
#1 For the purpose of a delineation between common property and exclusive-use property – how is this determined? Does median line come into the equation?
#2 Is the outside wall of an exclusive-use area the responsibility of the body corporate or the
Hi, I have three questions:
#1 I would like to know who is responsible for repairing electrical cables. We live in a small sectional title complex and the chairman of the body corporate is also the developer. We have been battling this problem for some time
You need to find a new rental home and begin your search online. You find the perfect home in the perfect location and enquire with the agent about availability. It’s available, says the agent, and he invites you to come through to view it.
Hi, I would like to buy a repossessed house on auction. Where do I start and what do I need to know that no one tells beginners who try their hand at this? - Jiyani
Hi Jiyani, auctions still present an opportunity to buy a property
National house price inflation is 3.4% as at the end of December 2016. This is according to property data analysts, Lightstone Property, which said that the overall picture at provincial level it was evident the market had been slowing down over recent months, and that
Occupational rent is the financial compensation when the purchaser of a property occupies the house he or she has bought before it is registered in his or her name. There are two schools of thought when it comes to utilities.
For instance where an offer to