In January, 12.3% of properties sold for a loss – and 76% of these homes (9.4%) were sold for 5% less than their original purchase price.
This is according to John Loos, FNB’s household and property sector strategist, who said according to deeds data property transfers
Demand for sectional title apartments in key nodes throughout northern Johannesburg has continued to gain momentum in the first month of 2017, said Chris Renecle, MD of Renprop.
Renecle noted that this demand is predominantly seen in the middle market for properties priced between R1m and
“John, did you see the email from the managing agent?”
“No, what email?”
“Basically, the body corporate has to raise a special levy. Something like R13,000.”
“Someone hasn’t been paying their levies.”
“Thirteen thousand rands’ worth?”
“Yes. So for the next 10 months my levy is going up by
After just fourteen weeks on the market the historic Cape Villa built by the well-known De Villiers family in 1860, sold for R22m.
Marketed and sold by Ann Broderick of RE/MAX Elite, the home has had several owners since it was built in the Victorian era,
House robbery is the most feared crime by South Africans, according to last month’s StatsSA Victims of Crime survey. In the report, almost 60% of South Africans perceived it to be the most common while both burglary and house robbery are two of the most
I have a tenant who has permission from the landlord to sub-let her apartment. If we do a sub-let lease, who is the landlord in this case? Do we take an additional deposit? It is an unmanaged lease, so can we charge another finder's fee
Ownership of a property takes more than a signature on an offer to purchase or for that matter the payment of the purchase price. The property needs to go through the process of transfer and needs to be registered in the new buyer’s name at
I am sure that many of you are caught off guard when shopping at nurseries, garden shops and retails stores when confronted with beautiful looking roses, orchids, bonsai’s, cacti, and trees.
It could be difficult to pick up and pay for the right plant; here are
With many schemes being unprepared for the requirements of the STSMA and CSOS regulations, they are scrambling to meet their requirements and as such are following the law to the letter. I received an email notice from my managing agent which said our levy would
Cats are masters at hiding their distress, which means that it can be quite tricky to find out what your cat is feeling. As pet parents, it is always our responsibility to ensure that our animal children are taken care of and given quick relief