The property market is slowing down so home owners are negotiating, and banks are definitely eager to make loans, but that doesn’t mean you should throw caution to the wind. So, here a few rules we think you should follow when looking into buying (in any market condition). 1. DO YOUR HOMEWORK Do not make […]
Month: Oct 2018
Reasons you should consider living in an apartment
The South African property market tends to lean more towards the preference of living in a house instead of an apartment. While there are reasons for this, we would like to shed some light on choosing an apartment over a house. Intimacy Most apartments are smaller than the average house in an area, and for […]
Repo rate good news!
With the recent news breaking that the Reserve Bank will retain the repo rate at the current 6.50% (base home loan rate of 10%) this is about the best new South Africa has had in a long time. Anyway, the relief of our struggling economy and property market is the most welcome feeling. However, […]
Some common mistakes that beginner property investors make
Investopedia simply defines Investment Property as ‘real estate property that has been purchased with the intention of earning a return on the investment, either through rental income, the future resale of the property or both.’ There is no doubt that property can reap you some significant rewards with the passing of time. It is one […]