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
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
I am writing on behalf of our management association committee. The Country Village is a retirement complex in Greyton, and the 61 properties are all freehold. We keep our monthly costs under control as much as possible by, among other things, managing our finances internally
Residential unit prices across Cape Town’s Central City average R2,337m, having risen 15.06% year-on-year from R2,031m in 2015.
This is according to the annual State of Cape Town Central City Report: 2016 which highlights investment into the node and reports between 2012 and the end of
Last year I moved out of my sectional title unit and quickly found a tenant. This past tax season I had to declare my rental income but was not sure of which expenses I could claim against. Can you give me some guidance in anticipation
Business tip of the day
Thoughts are the fertiliser of an entrepreneur's business. Find quiet time each day where you can think and develop those ideas into more concrete plans. Ideally, take some time to meditate; these techniques allow you to still your mind enabling the
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
New and second-hand homes come in all shapes, sizes and conditions, due to owner neglect, builder incompetence and natural phenomena like ground movement and wind. “Certain imperfections may not be perceived as ‘problems’ to all buyers, with many being happy to fix small things once