In the news
Would you allow a tenant to run a business from your property?
There is often a certain amount of tension between a landlord and a tenant,whether it be due to a landlord’s poor maintenance of a property or a tenant paying their rent late.These are usually issues that can be resolved with both parties feeling happy with the outcome,but what if your tenant makes their living by [...]
Real estate market
Property values look good in Green Point.»
It seems Green Point residents are in for a surprise.According to a spokesperson for Anne Porter Knight Frank (APKF) property values in the area surrounding the new stadium have held up well and some have even seen an increase in value in the current market.
While most areas have seen a decline in value this area [...]
Interest rate
Interest rate remains where it is.»
The Reserve Bank Governor,Tito Mboweni, has announced that the repo rate will remain where it is for now at 12%.
This will come as a relief to many of us,however experts are predicting that we have not yet seen the worst of the current market.Prices and activity in the residential property market are expected to drop [...]
Real Estate Investing
Some People Are Scared, other People Get Rich.»
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 [...]
Real estate law
The implications of a “voetstoets” clause when buying a property.»
As all buyers are probably aware being absolutely sure of what you are buying is very important.This leads most people to enlist the services of a property inspector.This could save you alot of headaches in the future as most sale agreements these days include a “voetstoets” clause.This means that the property is sold as is [...]
Real estate finance
Home loans and the National Credit Act.»
Most prospective home buyers will be aware that their credit record will influence the interest rate lenders are prepared to give them on a home loan.The better your record the better deal you get,and most people will need to get a home loan to enter the real estate and property market.
The National Credit Act is [...]
