[Lew Geffen] Interest in estate living is rising dramatically in the Western Cape. Young families, retirees and foreign buyers are increasingly looking to invest in the convenience of lock-up-and-go homes in secure, gated communities.
[Mike van Alphen] Throughout my 44-year career in banking and finance, I have, from time to time, been faced with the tragic plight of a new widow / widower finding that she / he is expected to continue to keep up with the monthly bond repayments on a home - but now that their is dead, they no longer have the income to do this.
[Tony Clarke] Goedkoop is duurkoop. This old Afrikaans saying is especially true in property transactions in which the seller, in an effort to cut his costs, employs a part-time agent.
[Michelle Dickens] South African tenants are protected by the common law principle of "huur gaat voor koop", which essentially translates to the concept that a lease comes before a sale. This is good news for tenants, as this means that if the property they are renting is ever sold, the new landlord must honour the existing terms of the rental agreement.
[Jan le Roux] The 1st Quarter 2013 FNB Estate Agent Survey (released just before Easter) indicates that many estate agents, in the lower, middle and upper end of the market, are seeing positive signs of market recovery.
[John Roberts] South Africa has not experienced interest rates at the current levels in nearly four decades. These are not just glib words that call for a celebratory glass of champagne because debt repayments have dropped, nor reason to moan the low returns on cash investments. They have severe business and investment implications, particularly for property, as that remains the largest asset most people will purchase during their lifetime.
[Claude McKirby] Fewer family homes are coming onto the property market in the southern suburbs part of Cape Town, creating a seller's market in mid-range neighbourhoods.
[Tony Clarke] The latest FNB Property Barometer, issued on 19 March, has encouraging news for residential property investors. Its findings tie in with those of the Rawson Property Group, which is now looking at a 36% year-on-year increase in sales turnover.
[Bill Rawson] The unprecedented rises in Cape Town's rates and taxes on residential property, especially those in the upper price brackets, will inevitably mean that the city's more expensive homes will not appreciate significantly in value in the next one to two years.
[Richard Gray] A sound way of determining if your house is market ready is to ask yourself: Would you buy your own home? It's a question that calls for an honest answer, best arrived at by an objective analysis of its best and worst features.
[John Weston] One of the liveliest discussions at the Rawson Property Group's annual conference, held at the Arabella Hotel and Spa in Kleinmond during February, revolved around the subject of sole mandates - and there was almost universal acceptance that these work better than any other system, for both the seller and the agent, particularly when compared to open mandates.
[Michelle Dickens] The National Energy Regulator of South Africa (NERSA) has approved an 8% increase in electricity costs, agreeably not the 16% requested by Eskom, but nevertheless a figure still above inflation. However, when viewed against the previous 25% per annum increases, is this lower increase a little bit too late for most consumers?
[Tony Clarke] In the South African property sector, there is a growing interest in buy-to-let property investment right now - and this makes good sense because the advantages of this type of investment far outweigh its disadvantages.
[Michelle Dickens] When it comes to landlord-tenant disputes, interpreting legal obligations can be tricky. The varying nature of issues that might arise is endless in possibility, which means that there is no well-defined guideline as to how to handle a highly specific set of circumstances.
[Tony Clarke] Although it happens only rarely and the practice is not widespread, there are still some home sellers and buyers who, with the help of their agents, agree to "load" the sale price of the home being bought so as to make it possible for the buyer to qualify for a bond that is large enough to cover the deposit and the transfer fees.
[John Roberts] When making your decision about buying vs building, there is a selection of issues to consider. Building your own home has the potential to be easier than before, particularly with so many developers offering a predefined set of floor plans and options.
[Mike van Alphen] In response to many requests from estate agents, Rawson Finance, the bond origination division of the Rawson Property Group, has begun issuing a "Rawson Buyers Qualification Certificate". This is an informed assessment of the bond amount that the applicant will receive from most banks.
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