The lower to mid-market sectional title sector is expected to remain the busiest throughout 2017, with the highest demand for well-priced units under R1,5m likely to drive most of the activity; however, this sub-sector can also be challenging with buyers unable to secure bond finance.
FNB’s residential activity indicator has risen over the past two quarters, indicating strengthening residential demand.
“From a seven-year low point of 5.59 (on a scale of 1 to 10) reached in Q3 2016, the residential activity rating has seen a noticeable two-quarter rise to 6.31 in
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
“Second to price, quality real estate photography is the most important part of selling property.” This is what Than Meril, successful international real estate investor, believes about the importance of excellent photography.
Paul Hamberger, well-known commercial photographer and owner of Paul Hamberger.com Photography, agrees; saying that
Hi, we are a full-title complex governed by a voluntary association constitution. Can a caretaker be a trustee and be appointed as a chairman of the trustees of the complex? Meaning, can one person have this much power in a complex?
There is nothing in your
Hi, please could you tell me if the below insurance needs to be a policy bought by the homeowners association (HOA) and what sort of policy it should be?
Insure against the risk of loss in the case of any fraud or dishonesty in the handling of
Are you aware of the many kinds of invasive species which are found in South Africa? I am not only talking about weeds which are found in gardens; yes, a lot of the weeds are invasive but to be able to identify the multitude of
Hi, who is responsible for fixing a leaking roof in a sectional title complex? Is it the owner or the body corporate? - Albert
Hi Albert, it is generally the body corporate, but I have seen instances where the roof is an exclusive use area (EUA)
Lease renewal time on your house or flat has arrived, but did you know that last year’s rental hike isn’t necessarily applicable for the year ahead? The days of a “standard” 10% increase on residential properties are all but extinct and that in tough economic
Is this “dunning charge” imposed by the Cape Town City Council legal? If so, is it for the landlord’s or the tenant’s account?
Insofar as dunning charges are concerned, the City of Cape Town is lawfully entitled to impose such charges upon property owners, and it is