On Monday FNB released their second quarter Residential Property Barometer and it showed that 85% of sellers are not getting their asking price.
There are some sellers whom are starting to sell their properties at a loss just to get out of the market. I think that if you really can not afford your property you [...]

In the current market it is not a surprise to find people being scarde of the property market.
But I wonder how many people know that real estate doubles in value every 10 years. Does not matter in what market you buy it, it doubles every 10 years.
If you buy property now, you are building your [...]

Now that the property market is falling, the banks don’t want to give 100% bonds anymore.
The current trend is as follows:

If you borrow less than R750K you could still get a 100% bond.
If you borrow between R750K and R2.5Mil you could get a 95%  bond.
If you borrow between R2.5Mil to R3,0Mil 90% bond.
If you borrow [...]