Yes2Property

Archive for May, 2008

Interest rates are high, Xenophobia is happening, what about property?

By doublef • May 30th, 2008 • Category: In the news

An interest rate of 16%, if governor Tito Mboweni raises it by 200 basis point on the 12th of June, xenophobia is causing foreigners to fear for their lives, what is happening, and is this good for property?
Well, if you are a property investor or you are thinking of buying property, then you should realize [...]

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Interest rate could rise by 2% !!!!

By doublef • May 29th, 2008 • Category: In the news

Reserve Bank governor Tito Mboweni, in his speech at the Gordon Institute of Business, said: “200 basis points is possible”.
The reason he is thinking of raising the interest rate that much is to try and curb inflation. If he does this it will most certainly hurt a lot of property owners.
I don’t know if [...]

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Property bargians - TLC needed.

By doublef • May 26th, 2008 • Category: In the news

When looking to buy a “buy-to-rent” property you shouldn’t overlook that property that needs a little TLC (tender, loving, care). Properties like that usually sell under value and in the current market owners of such properties are very happy to sell.
Firstly you should do the math and work out how much it will cost to [...]

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