More Property Shocks

Realestateweb http://www.realestateweb.co.za/realestateweb/view/realestateweb/en/page228?oid=61718&sn=Detail   After Eskom takes its whack of the next electricity tariff hike, municipalities take yet another bite.   One of the more worrying aspects about our stratospheric domestic electricity costs is the compounding effect of municipal distribution. Those few urban communities still supplied directly by Eskom can thank their lucky stars that theyContinue Reading

An Overview of The Home Loan Process

Home Sweet Home! Everyone knows that and at the end of the day when you drag yourself back from the hefty schedule of daily life, the adobe is never less than a paradise on earth! But the weird part is that the process of buying a house can be a difficult task and especially whenContinue Reading

What Is Different About ABSA Home Loans?

ABSA home loans are made through one of the largest banks in South Africa. Thus, if you are buying a home in South Africa it behooves you to deal with ABSA for your home loan. There are a number of different loans available for your home. For instance there is the Absa Home Loan, theContinue Reading

Insure your Property Properly

It’s a good idea to review your insurance provisions from time to time and make sure you have the correct cover for your home and any other properties you own. “As a priority, you need a policy that protects you in the event of damage to your home by storms, fire, flooding or any otherContinue Reading

Rentals: Tips for Property Owners

It is that time of the year again when new leases are signed, and whether you are a property manager, homeowner or landlord, there are some common tips to help manage your property during 2010. Michelle Dickens, managing director of TPN, a registered credit bureau, shares her top tips when it comes to property management.Continue Reading

Factors to consider for First Time Buyers

Economic growth is picking up, interest rates are low and home prices are still reasonable, so many people have decided this is the best time for them to get into the property market by buying their first home. However, says Berry Everitt, CEO of the Chas Everitt International property group, after they select an areaContinue Reading

What is an Offer to Purchase?

For many home buyers, the intricacies of making an Offer to Purchase remain a mystery. Essentially, it is an agreement that contains the terms and conditions for the purchase and sale of a property. Both parties need to come to an agreement about all sorts of issues before the document is signed. Everything that isContinue Reading

All about Pricing your Property

Overpricing has been one of the biggest banes plaguing the property market over the last few months and virtually all experts have cautioned sellers against it. Here we will attempt to highlight the importance of correct pricing, the reasons for and expected consequences of overpricing, the steps for setting the price and the role ofContinue Reading

How to Follow the Money in the Property Market

Find the artists – they spot bargains just before prices move up. Let the ‘trendies’ show you the way, says Chas Everitt International CEO Berry Everitt. With interest rates low and economic prospects looking better, the number of first-time buyers is rising again. But most are still looking for “bargains” and in this respect theyContinue Reading

Large houses offers better value

Large houses have shown the greatest resilience in the face of South Africa’s first recession in over a decade, according to data released on Monday. According to Absa’s House Price Index the average large house (221m2 to 400m2) lost 3.7% of its price in December 2009, compared to the same period in 2008. Small- andContinue ReadingContinue Reading