Home / Home Buying & Selling

Be prepared to stay in your home for at least four and a half years to recoup your transfer costs and agents commission of,

Stumbling upon a diamond in the rough and transforming it into a show house is a common fantasy, especially among DIY enthusiasts and people

Consumers today are exposed to more information in a day than the caveman was his entire lifetime. And more is known about your wants,

So you want to go house hunting this weekend? Not sure how much you can afford to buy for? A quick Google search will

It takes, on average, 12 weeks for a property to be transferred into your name. This means that, depending on when your own home

You find a home that seems to have everything you have been looking for, from the right number of bedrooms to the type of

We recently had a case where an aspirational homeowner asked his brother to help him realise his dream of having his own place to

Contrary to what you think you know, pricing your house according to the listing price of other homes on property portals in your suburb

Picture this: Two agents, smack bang in the middle of one of the craziest, busiest days of their year. One of these agents has

When faced with, what feels like, the mountain of paperwork required to complete a property transaction you might easily feel that the signed sales agreement is

Between 30% and 50% of all first-time buyer bond applications are denied, according to stats by bond originator, BetterBond, and Rent2buy founder, Meyer de

Q Hi, I recently read the story on HomeTimes on the 9,000 homes for sale in Centurion alone. Let's be realistic, the only real way

Regardless of what you’ve been told to the contrary, selling a home is stressful. The process involves a whole range of emotions which generally

When buying a property you will need to factor in the costs of a conveyancing attorney since you will need to have the title

Conventional wisdom says that winter is a bad time to market your home, but with fewer homes on the market there’s a good chance

First time sellers, you probably didn’t make the decision to sell lightly, and chances are that you have a long list of to-do’s before

With the job market constantly evolving, an increasing number of people are working from home; this makes it far easier for professionals to relocate

Dear perpetual tenant, nothing. According to Payprop's Q1 2017 Rental Index the average age of tenants have increased to 39, while the average age of

Q Hi, I am thinking of selling my sectional title unit in Centurion. I left South Africa for Canada in 2012 and have been renting

You must have read it somewhere by now, or if you haven’t let us do the honours: It’s a buyer’s market currently. But what

Regardless of your reason for thinking of buying a second home, you need to do your homework thoroughly before taking this step. While owning

Word out on the street (Long Street?) is that property in Cape Town is really expensive. Like crazy expensive. As in Donald Trump crazy. But

Q I am a first time seller and I was hoping you could assist me with some questions please: I have quite a few estate agents

Q Hi, we have recently bought a property and it was transferred on 9 May, 2017. We have found that the electricity is not compliant

Let’s be honest: Selling your first home is probably more stressful than buying your first home. You now have to decide on a price,

The role of a witness is to be able to attest to the authenticity of a signature. A witness does not need to be

Putting a home up for sale is daunting enough without even considering all the things you need to do before taking those first few

According to property legislation, a servitude is a registered right that someone has over the immovable property owned by another person. The servitude affords

Q Hi, I am selling my house and had to pay more than R6,000 in advance to obtain a clearance certificate which I did receive

The Supreme Court of Appeal has declared that municipalities’ forward projection of rates as being invalid. This emerged in the case of Nelson Mandela

Q I have just found the perfect home and I really want to buy it. But the home already has a tenant in place. What

Q 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

Many people look at buying properties on auction hoping to find a bargain of a lifetime, sometimes only to realise it was the mistake

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

Q Hi, if once all the papers have already been signed by the seller and buyer, and the documentation has been handed to the transfer

We received a question from a first-time seller feeling anxious over the decision to attempt selling her home privately. Q "What is the process, especially if

Q Hi, the property was not developed at the time when I engaged two estate agents to try and find willing buyers for the property

Q I want to sell my home but have heard there are three different attorneys party to the transaction. Do I have to hire them

The short answer is: Yes. The contract of sale requires agreement on three essential elements to be valid: The parties, the purchase price and

Selling your home is like filling up your car, right? We should all know exactly where to begin and what to expect; and if

Increasingly South Africans are asking themselves: “why burden and trap yourself to buy a property when you can enjoy the freedom of a rental

I have been very lucky not to have had a lot of my offers to purchase accepted by sellers. I think before I bought

Q Hi, I have sold my property through an estate agent with conditions attached that the buyer needed to sell his property. The term to

The deeds office has published its fees for the registration of transactions that take place from 1 April, 2017. The average increase from last year

First-time home sellers have as many questions as first-time buyers: Who pays for the various clearance certificates? What is my estate agent doing behind

The Property Buyer Show has released a list of the big players in the industry that will be involved with the show, taking place

“Second to price, quality real estate photography is the most important part of selling property.” This is what Than Meril, successful international real estate

Some 47% of home loans granted in the year to end-February were for houses priced above R900,000 - up from 43.5% in the previous

In recent years more and more South Africans have embraced the concept of hive living, with multi-generational households becoming a familiar concept in many

Ownership of a property takes more than a signature on an offer to purchase or for that matter the payment of the purchase price. 

"David speaking, hello." "Hello, this is Mark from Best Auction Company. I would like to know if you’re interested in selling your home in Honeydew,

In emotionally charged scenarios it is easier to find a scapegoat for our emotions and rants than to reflect and look at the real

Obtaining the clearance certificate from the city council is one of the aspects that could delay a property transfer. Currently, the transferring attorney not

As a prospective first-time home buyer you have seen many articles telling you that at the rate things are going now, you’ll be practically

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

Q Hi, I would like to buy a repossessed house on auction. Where do I start and what do I need to know that no

Occupational rent is the financial compensation when the purchaser of a property occupies the house he or she has bought before it is registered

Q We sold a property and the purchaser has submitted a complaint about certain defects in the electricity and plumbing. There was a Certificate of

In a society that still very much values homeownership as the pinnacle of success, one generation is increasingly rocking the boat. Baby boomers, 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.

There is no user manual for all aspects of homeownership, from moving, to taking occupation and to maintaining and understanding common and uncommon defects.

Everyone has that one home in the neighbourhood, the pink one. You know, that home that leaves you with feelings of confusion, introspection and

Q Hi there, I have saved up R100,000 with the original intention of putting it down as a deposit on a home. But the other

South Africans in general buy their homes with the help of a bank, committing between 20 and 30 years to paying back the debt

Real estate agents enjoy insight into our lives; they know our plans and dreams for the future. They know intimately any life changing events

There are things buyers should not be doing when applying for a bond; things that could impair their chances of obtaining the finance they

In the past two to three years a number of new estate agencies, boasting low-commission or fixed-fee offerings, have threatened to disrupt the established

Q Hi there, I would like to know if this is a good idea. I currently have a bond which is half paid, and I

All of us know of the luxury homes available in areas such as the Atlantic Seaboard, Sandton and Pretoria East. But what about the

Sectional Title homes have seen a long term rise in prominence in South Africa’s property trade, driven by a rise in urban living and the

As the summer holidays approach, ensure you don’t miss out on giving these suburbs a look. Seeff calls it, saying these suburbs can be

Sellers of low- and mid-value properties spend a longer time on the market compared with high, luxury and super-luxury homes, regardless if they list

More than 60% of prospective buyers, and tenants, begin their property search online, using any one of South Africa’s half dozen or so popular

The wealthiest 1% of the global population is currently looking to buy luxury real estate more than wanting to sell. In fact, 25% of

We are now firmly in the grip of a buyers’ market: Fewer buyers, more sellers and a reduced number of sales. The current housing

'For Sale’, ‘For Sale’, ‘For Sale’. We’ve all driven past sectional title complexes where the entrance gate’s garden has been overtaken by a litter

According to an analysis of Lightstone figures on 26 suburbs with mid-value real estate, the average drop in sales are 33% for the year

The five-year Strategic Plan adopted by the Department of Human Settlements in 2014 underpinned by the mandate outlined in the Government’s National Development Plan

First-time buyers ask the question of whether it’s better to rent or buy property more than just about any other question. There are proponents for

Bet you never thought boasting about the good schools, easy access to the highway, or active community forum and monthly street braai as some

Let’s be honest, most home sellers would prefer not to pay commission to their estate agent at all; and there are some who try

The “small” home is by no means always synonymous with “inexpensive” any more, according to Berry Everitt, CEO of the Chas Everitt International property

Is the seller you are buying from really the legal owner of the home? It’s imperative buyers clarify this before signing an offer to

City parents looking for a new home to accommodate a growing family also have to try to ensure that the area they choose is

We know you’ve read it for a while now, but market conditions seem to really be tipping in buyers’ favour. What’s more, as a

Few things are as stressful as moving. It doesn’t matter whether it is across the road or across the country, packing up your home

The average price for a Rosebank apartment has risen by at least 200% since 2010; Hatfield by 33% on average and in Braamfontein, office,

Beware that home on the hill: The one with the fairytale Victorian turrets, oddly shaped windows and strikingly “different” paintwork. Stay well away from

When newlyweds begin their search for a new home to buy, it soon becomes apparent that each partner either has different ideas about the

We all want a home to call our own. But new homes can be expensive and the qualifying criteria by the banks can make

FNB calculates that, over the four quarters up to and including Q2 2016, 6% of investment properties being resold achieved a price less than

The transfer of a property from the seller to the buyer is often times a complicated process, made even more challenging by the fact

I don’t enjoy taking my vehicle in for a service and there are few things as upsetting as waiting for a medical professional to

Buying my first home was one of the proudest moments of my life. I was 27 years old and my-then flatmate needed to move

Some people feel that Heritage-listed properties are fascinating windows into the past and that their owners are lucky. Others say that a Heritage listing

Foreigners may buy property in South Africa – with no restrictions placed on them whatsoever (unless they are illegal immigrants). This is according to Tony

The days of the 10% home deposit are gone, with mortgage originator, BetterLife Home Loans, last month reporting that the big commercial banks have

South African homes sell within 11 weeks of listing, according to FNB statistics, and 87% of sellers are forced to drop their asking price

The idea of purchasing a piece of land and building your own home is a dream for many people. But what is involved in purchasing

If, as a recent home buyer, you put yourself in a room with nine other recent buyers eight of you will likely experience major

Not all property purchases are equal. Buyers need to be savvy, well-informed decision makers from the start to ensure success and make the property

Johannesburg offers a wide range of property options to suit every pocket – from the middle market in the South to the middle-upper and

For some time conditions have favoured sellers, with high demand and low market stock favouring sellers. However, as more homes come on the market,

Selling your home is as exciting as it is stressful. Do you appoint an estate agent or try going solo? Whose offer do you

With more than two-thirds of South Africans starting their search for properties for sale and rent online, and more than 90% of all properties

Selling your home is as exciting as it is stressful. Do you appoint an estate agent or try going solo? Whose offer do you

Buying property need not be overly complicated or stressful, but it’s not as simple as saving for a deposit and choosing your dream house. For

Selling your home is as exciting as it is stressful. Do you appoint an estate agent or try going solo? Whose offer do you

Selling your home is as exciting as it is stressful. Do you appoint an estate agent or try going solo? Whose offer do you

Selling your home is as exciting as it is stressful. Do you appoint an estate agent or try going solo? Whose offer do you

About 20% of homes agents list don't sell right away – even in a sellers’ market. And in cooler markets quite a number don’t

Selling your home is as exciting as it is stressful. Do you appoint an estate agent or try going solo? Whose offer do you

Selling your home is as exciting as it is stressful. Do you appoint an estate agent or try going solo? Whose offer do you

People currently in their 20s and early 30s, or Millennials, have very different ideas of what makes a house a perfect home when compared

How much do you really know about the home buying process? Sure, house hunting is fun and playing with online calculators does give you

How much do you really know about the home buying process? Sure, house hunting is fun and playing with online calculators does give you

How much do you really know about the home buying process? Sure, house hunting is fun and playing with online calculators does give you

Port Elizabeth is best known for its car manufacturing plants and two harbours. However, recent economic development and the resultant injection in the property

How much do you really know about the home buying process? Sure, house hunting is fun and playing with online calculators does give you

The Cape is witnessing the highest volume of net migration compared with the rest of the country, with buyers flocking there on an almost

How much do you really know about the home buying process? Sure, house hunting is fun and playing with online calculators does give you

How much do you really know about the home buying process? Sure, house hunting is fun and playing with online calculators does give you

How much do you really know about the home buying process? Sure, house hunting is fun and playing with online calculators does give you

The recent High Court case of Cooper v Clark shows how vital it is to ensure that any amendments have actually been agreed to

How much do you really know about the home buying process? Sure, house hunting is fun and playing with online calculators does give you

The rejuvenation of Durban’s beachfront along with renewed interest in areas such as the Point Waterfront and continued development north of Durban has seen

How much do you really know about the home buying process? Sure, house hunting is fun and playing with online calculators does give you

Pretoria has seen significant growth in its property market, with new development focused towards the east. At the same time refurbishments in the older

The real estate market is a competitive space, with daily newspapers, weekend papers, and online media all carrying property related adverts. Similar properties are

Suburbs experience a lifecycle of birth, growth and stabilisation – and whether they suffer an early demise and decay, or continued health, is up

“They showed up more than an hour late!” “They never went and fetched a second load.” “They broke my fridge.” “Upon unpacking I realised

Buyers should request a copy of the house’s approved plans before or during the purchasing stage. This is because liability for illegal extensions, alterations

Should you finalise the sale of your current home before buying a new one? Or should you chance doing both together? Rawson Property Group’s MD,

It is always better to put location as a top priority and rather compromise on the property itself. This is because it is impossible

For high LSM families, with school-going kids, deciding to sell a Gauteng-based home to relocate to the scenic Western Cape is often an emotional

What if we told you that your monthly rental installments could be used to help you buy the home you’re already living in? Rent2buy, the

Very few homes are unique: they all have similar building blocks, standard features and layouts. Home inspectors agree, saying most homes suffer from the

According to a 2015 study of generational housing trends by the US National Association of Realtors, there are certain home features that are literally

While we focus on the square meters within our four walls, the space outside might actually be your property's biggest asset. Charlotte Vermaak, principal of

A prospective buyer of a home on auction generally has six weeks from the time that the property has been advertised by a sheriff

More and more South African home buyers are now making their offer to purchase (OTP) contingent on a “satisfactory” home inspection report – usually

Sole mandates are only binding when they have a selling price, a commission rate or amount, and an expiry date. If any of these

Buyers of distressed or bank repossessed homes can get up to 100% bonds and 50% discounts off transfer costs and registration fees, Harcourts Africa

Buying opportunities such as bank repossessed homes on auction are expected to increase in the times we're in. But there are various pointers for

South African home buyers who are ever more aware of their consumer rights are demanding increasing transparency regarding the pricing of the home, its

Selling your home is a stressful time. You have finally fixed all the cracks, leaks, and woodwork you had on your to-do list. Plus, you’ve

How do South Africans search for property? This was the subject of an online survey last year conducted by property portal Property24.com, which has

For the vast majority of home buyers in South Africa, security has become the most influential factor when it comes time to deciding where

In times of economic uncertainty, high value property opportunities tend to become more available, says Harcourts Africa Richard Gray. It is easy, though, to

Three quarters of American homebuyers use the internet frequently to shop for homes. Just under half go there first to look for a home.

South Africans have paid off a lot of debt since the last recession, but most are still spending too much and saving far too

Some property investors make their money by buying older houses in good neighbourhoods – then renovating and “flipping” the house. This is a good

South Africa’s land registration system is a comprehensive one, whereby, once a buyer takes transfer and the property purchase registered in their name, they

Many first-time buyers don’t understand the difference between taking possession of their new property and taking occupation – or the provisions in a sale

The middle class only numbers some 4,3 million people in South Africa. Those who earn between R18 000 and R59 000 a month. What

Given the volatility of the economy there is much to be said for the benefit of investing in property. The property market is usually

Finding that “dream home” within your budget is always a challenge and, because it is one of the most important financial decisions most consumers

Accurately valuing a home is as much an art as it is a science, and finding that magical number can have a dramatically positive

A seller should always consider paying to have a home professionally inspected before putting the house on the market. A home inspection report gives

Becoming a homeowner may be a thrilling concept, but the realities of owning a house are not always sunshine and roses and jumping in

The man in the street is not getting the full picture. He is being told by the banks, mortgage originators and estate agents that

The differences between open and sole mandates may seem obvious at first glance – open mandates allow multiple agents to market your property, while

Last year was a solid year for the Atlantic Seaboard, CBD and City Bowl property markets. While sales volumes were down compared to the

While unsurprised by the rate hike last week (9,75% to 10,25% per annum) estate agents are at variance over how high they may still

A disgruntled purchaser recently phoned John Graham from property inspection company, HouseCheck, to complain about the condition disclosure document. Estate agents make sellers sign

Wouldn’t life be grand if you could sleep in a hotel every single night? The good news is you don’t need to be a

Much has been said about the “hidden” costs of buying a home, such as transfer duty, legal costs and bond registration fees, but in

Occupational rent should be set at about 1% of the purchase price – not at an inflated price set by the seller or a

The practice of staging homes for sale has evolved over the past decade. Some ideas have changed, while others remain the same. The following

While interest in the buy-to-let market has remained relatively low in recent years, an increasing number of homeowners have decided to buy a second

  Landlords can look forward rising rental demand in 2016, and this may well increase the number of investors who see good opportunities in buying

  The opportunity to move investments offshore has passed, the stock market is immensely volatile and this will be the year when intensified property investment

While there has been much talk lately of the luxury market and super-luxury market in South Africa, and many have mentioned average values of

  To rent or buy depends on where you are in life, says an expert. At one or another stage of life we are all

The housing market is expected to deteriorate this year as interest rates are anticipated to rise between 1.5% to 3% p.a. during 2016.This is

  While it is possible for homeowners to research certain information online, there is no program or site available online to those outside of the

It’s common for sellers to experience a degree of stress when selling their home. These feeling can be amplified if the seller no longer

First-time buyers continue to drive the South African home loan market, where some 54% of applications come from this segment. This has an impact on loan

Whether you’re a buyer purchasing your first property or an experienced investor who is expanding your portfolio, buying a property is a large investment. “Due

While packing and unpacking boxes is a major element to moving homes, it is certainly not the only factor that needs to be considered,

  Many young people starting out in their careers in 2016 will be faced with the question of buying their first car or their first

Many first-time home buyers whose salaries fall in the lower- to middle-income category are unaware that they may qualify for the government housing subsidy,

Both sellers and buyers have certain responsibilities and obligations that they need to address during a property transaction, before the property can change ownership,

The ancient Chinese art of Feng Shui - a popular home design and décor trend in Western culture during the 1990s - seems to

Why would you opt to buy your own holiday home rather than rent or stay in a catered establishment? Ling Dobson, Pam Golding Properties area

[caption id="attachment_2402" align="aligncenter" width="749"] A front view of the stunning and luxurious Mount Pleasant Manor located in Newlands.[/caption] Cape Town’s Southern Suburbs have been reporting

People and businesses that are not registered for tax, or have returns and/or monies outstanding, will find it very difficult to avoid repercussions during a property

[caption id="attachment_2093" align="aligncenter" width="750"] Four-bedroom house in Ranjesfontein, Johannesburg, on the market now for R7,250m. http://bit.ly/1YKJlOs[/caption] Property values have continued to grow in the past

In anticipation of the US Federal Reserve bank hiking its benchmark Fed Funds interest rate, the first rate hike in the US in almost

[caption id="attachment_2093" align="aligncenter" width="750"] Four-bedroom house in Ranjesfontein, Johannesburg, on the market now for R7,250m. http://bit.ly/1YKJlOs[/caption] With the growing demand for property and many areas

[caption id="attachment_2112" align="aligncenter" width="1000"] This four-bedroom home in Randpark Ridge is on sale now for R2,8m. http://bit.ly/1IsUX4y[/caption] To rent or buy? This is a very

  [caption id="attachment_2132" align="aligncenter" width="663"] Is fixing that big-ticket item, or simply cleaning the walls, going to help speed up the home sale?[/caption] The average cost

[caption id="attachment_2113" align="aligncenter" width="750"] This four-bedroom home in Randpark Ridge is on sale now for R2,8m. http://bit.ly/1IsUX4y[/caption] Some of the wealthiest people in the world

[caption id="attachment_2093" align="aligncenter" width="750"] This four-bedroom house in Ranjesfontein, Johannesburg, is now on the market for R7,250m. http://bit.ly/1YKJlOs[/caption] During 2015 the South African residential property

Continual reports of stock shortages by estate agents have prompted the question of why this is the case. According to Lew Geffen, chairman of Lew

  Stock shortages, bigger demand due to new developments and fewer days on the market before a property sells are all part of Seeff’s predictions

More R10m-plus homes were sold in the third quarter of 2015 than in the corresponding quarter last year. This is according to figures by

Housing Consumer Price Index (CPI) remains the key “troublesome” part of CPI inflation (although many of its components were not surveyed in October), but

  You can speed up the time it takes to transfer your home simply by selecting the right attorney, according to Jose De Abreu, broker/owner

[caption id="attachment_1581" align="alignright" width="450"] HomBid GM, Gary Sacks.[/caption] With close on 45 sales under its belt since going live in in June 2015, low-commission estate

  Is it better to buy a property in a trust than through other vehicles? Carol Reynolds, Pam Golding Properties area principal for Durban Coastal,

There are all sorts of reasons why you might want to buy the property you grew up in, but you shouldn’t let your head

What’s more pressing than the #feesmustfall debate? The question of accommodating the 185,000 annual tertiary institution graduates in the job market. Consider that the

One of the best pieces of advice you can get when buying your first home is to choose a property that costs considerably less

The Homecoming Revolution – the ‘brain gain company for Africa’ - says almost 360,000 expat South Africans have returned home in the past five

Buying your first home can be stressful. It can also be discouraging when there are stock shortages in most popular areas, when prices keep

An increasing number of SA homebuyers are electing to buy newly built rather than pre-owned homes, and there are a number of very good

Developers are being squeezed between rising building costs and cash-strapped homebuyers. The result is a steady drop in size and comfort of some new

HOMETIMES EXCLUSIVE As part of the overarching Johannesburg Corridors of Freedom scheme to link the old CBD with Sandton in the north, Zotos Properties will

Applying for a home loan can leave potential buyers unsure of their own abilities to afford the new home and their credit-worthiness. When a

Finding your dream home is a tough old slog, which is why this potential buyer is battling with what should be common practice. A potential

Contrary to what most people do, you should look at your own financial position before you ask yourself what you can afford to buy. Here

Employees in the electricity, gas and water industries top the monthly earnings table – and in the public sector at that. This is according

National residential sales and transfers have dropped 7.1% in the third quarter of 2015, compared to the previous quarter, according to low-commission estate agency,

The Pietermaritzburg deeds office recorded a drop of 9.9% in homes sold in the third quarter of 2015 compared to the previous quarter, according

Some 87% of home sellers drop their price by 9% in an attempt to speed up the sale and reduce the cost of keeping

Spring heralds in new life in the property sector, with homeowners putting their properties on the market.  Home stager and CEO at Illuminate Home Staging,

Sellers beware: the plants in your garden may at best lower the price at which you can list, and worst, land you in prison. The

15%. This is the minimum deposit required by Absa* when a self-employed individual applies for a bond from the bank. And if you are

Fibre to the home is the next evolution in internet connectivity, and it could directly increase the value of your home. In fact, Fiber to

92.5%. This is the average home loan amount South African banks are prepared to finance, according to numbers from BetterLife Home Loans. The bond

New kid on the real estate block, HomeBid, says it only charges 1.95% commission on the sale of its clients’ homes, whereas the average

Home sales in the R250,000 and below market declined by 6.2% in the first six months of 2015 compared with the same period last

The racial mix of high net worth individuals (with US$1m in investable assets) is changing. In 2014, whites comprised 69% of all high net

Where will the new wealthy decide to build and live in their R10m+ homes in the future? Will the current, mostly white, suburbs around

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