Often, when driving through derelict areas, one notices some beautiful, large, and well-maintained homes that are clearly loved by their proud owners. But it does lead one to question why they would stay when the suburb around them is falling apart.The answers, however, vary, says Romona Reddy, candidate property practitioner at Jawitz Properties Eshowe, KwaZulu-Natal.“Some of them see value in their...
For many first-time homebuyers, purchasing a fixer-upper is the only way they may actually be able to take their first steps on the property ladder, especially if they are looking at buying in a location that is out of their price range.And as the age-old adage goes: Rather buy the worst home in the best neighbourhood than the best home in the worst neighbourhood.Property renovations and flipping have...
As people spend more time entertaining in their homes or visiting friends and family this holiday season, they are bound to be inspired to make changes to their homes in 2024, especially DIY upgrades that allow them to get the job done quickly and save money at the same time.But experts warn that they need to be wary of the quality of their work, as well as spending money that will not be recouped on sale...
If your New Year’s resolution is to finally become a homeowner in 2024, then know this: buying a property, even if it is not your first, is an intimidating experience – and one that has the potential to be the best investment or the worst mistake of your life.It is, therefore, perfectly normal for those navigating the ins and outs of property for the first time to feel mildly panicky, especially after...
More tenants are defaulting on their rental payments, but landlords are not permitted to cut their water or electricity supplies – nor are they allowed to change the locks or intimidate them in other ways.If they do, it will count against them if the case goes to court.While it can be a lengthy process to evict tenants who fail to pay their rent, there are procedures in place to make sure that both...
Choosing an area in which to buy a home must be a carefully considered decision, as the wrong location could cause problems for you and your family.Your budget will obviously play a large role in narrowing down your options, but there are many other factors in play; these will play a huge part in whether your chosen area will offer you the lifestyle you want, or give you nightmares. The first criterion...
More people are uprooting their lives and moving across the country to areas they may only ever have visited, or perhaps not been to at all.And if you are buying a home in your new location, this poses some challenges.Moving house is stressful enough but moving to a new town or city and buying a home where you have never lived before is a major life transition that can be overwhelming; and if you have...
This year has been a difficult one for South Africans trying to make ends meet in the cost-of-living crisis, but for aspiring homeowners it has been even tougher – and, in many cases, disheartening.Rising interest rates have forced many buyers to abandon their dreams of homeownership in 2023 and the outlook for 2024 is only a little better with interest rates expected to stabilise and perhaps come down...
There are a number of benefits to buying a vacant home, including potential cost savings, but there are also some downsides.Similarly, selling a vacant home can be both a tricky affair and a good opportunity to find a buyer.While home staging has become a popular way to pique buyers’ interests and give them a great idea of how their new home could look once they have moved in, an empty property is like a...
Moving into a new property is a wonderful opportunity to re-create your home aesthetic and put your personal mark on the space you will spend most of your time – but if you are a tenant, you have fewer options.It can be challenging to make a rental property feel like home, especially if the landlord has strict rules about what you can and cannot change within the property; so, when trying to redecorate,...
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