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Tuesday Jan 26, 2021

Unchanged interest rates 'still good for property buyers'

South African property "still ripe for the picking following Thursday's Monetary Policy Committee announcement that interest rates will once again remain stable."

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What is the title deed and why is it so important?

"According to the Deeds Registries Act, 47 of 1937, anyone who purchases a home will need to have the title deed transferred into their name as proof that they own the property."

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How landlords can mitigate their risks

"A rental property investment is significant and the risks to the ability to earn sustained rental returns and keep costs contained, especially around maintenance and damage, is substantial."

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Monday Jan 25, 2021

Interest rate disappoints

The decision by the South African Reserve Bank (SARB) to retain the repo rate at 3.5% (home loan base rate at 7%) is disappointing for the economy and property market, says Samuel Seeff, chairman of the Seeff Property Group.

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6 Factors hanging in the balance for property in 2021

Having started the year in technical recession only to be hit by a pandemic, few would have predicted that 2020 would turn into a successful year for property.

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Wednesday Jan 20, 2021

Possible reasons why your property is not selling

"As a rule of thumb a property should be priced at an average of the top ten cheapest listing prices of similar properties for sale in the area."

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Tuesday Jan 19, 2021

Considering a career in real estate

"Though it is not an easy option, a career in real estate can potentially be one of the most lucrative professions a person can pursue."

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Instant EFT well suited for rental payments

PayProp reports continued rapid growth in instant EFT (electronic funds transfer) payments by residential rental tenants.

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How to negotiate annual levy increases

Property owners who feel that proposed levy escalations are unreasonable may raise objections at their next Annual General Meeting.

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