26 Apr 2018
When you buy your first home the usual motivation is to acquire your own property, rather than paying someone else’s bond and of course you then have your independence. Most youngsters seek freedom from living at home and having to abide by family household rules. “The very idea of buying their own home is exciting and they often do not realise what a wonderful investment they are making. This is the start of their financial independence,” Craig Hutchison, CEO of Engel & Völkers Southern Africa stated. According to the FNB House Price Index, the average house price for April 2015 rose 5.0% year-on-year. Despite the nominal house price inflation slowdown, however, recent months’ house prices continue to grow positively in real terms, when adjusted for CPI inflation. Due to the slower house price growth, this creates opportunities for the lower income buyers as the prices stay achievable. Property still stays an excellent investment channel. Therefore now is a good time to buy, especially after the recent decision by the South African Reserve Bank (SARB) to raise the transfer duty thresholds on property transactions – costs on transactions below R2,25 million have actually been reduced. Particularly the millennials (age group under 30) find that this is normally the time that their financial awareness starts, and an investment into property is what they should consider. A wise investment at this age could set them up for life.
26 Apr 2018
As a first-time home buyer, you fall in love with a property! Being quite nervous, even anxious to lose out, you ignore all the helpful advice and decide to put in an offer to purchase at a level above where you can afford! Does any of this sound familiar? Unfortunately, this is one of the common mistakes first-time home buyers make when plunging into one of life’s most exciting, exhilarating and exhausting times: buying your first property. At this point, there’s a lot that comes into play that you need to be aware of as you’re going through the different stages of buying your first property. Buying a home is quite different to what you’ve ever purchased before, which is why it’s very important to plan ahead! Ask any real estate agent about the home buying experiences of their first-time home buyer clients and you’ll hear that the majority of these first-time home buyers have indicated that they would do things quite differently if they had to do it all over again! So, if that’s truly the case, why can’t you learn from their experiences today?! Here are the 10 common mistakes first-time home buyers make:
10 Dec 2017
All property owners within the geographical district of the City of Johannesburg municipality's jurisdiction, should take note that the City of Johannesburg's 2018 General Valuation Roll will commence on 1 July 2018.This is very important for every property owner if your property appears on the valuation roll ,as your rates account payment's will be determined by the value ascribed to your property on the valuation roll.' THIS IS GRAVELY IMPORTANT FOR ALL PROPERTY OWNER'S WITHIN THE JURISDICTION OF THE CITY OF JOHANNESBURG MUNICIPALITY".
30 Nov 2017
Traditionally owners and potential buyers and the general public do not realize that a real estate professional can and do offer many other property related services other than selling property. This is a huge opportunity afforded the public, to help them avoid unnecessary headaches , difficult situations and understanding the mechanisms and workings of many property matters. Further avoiding being defrauded by scammers con artist and fraudsters.It is pivotal and a essential imperative, to receive and get the correct information regarding a variety of property matters. This is where we can be of help. We offer a vast range of service to help you ensure you have peace of mind 'REMEMBER KNOWLEDGE IS POWER POWER POWER TO THE PEOPLE'
22 Nov 2017
When winding up a deceased estate of a loved one who has passed ,the administrators of the estate [ as well as in a divorce matter} will often require a evaluation or valuation of the immovable property in the estate.
24 Oct 2017
Buying a property will probably be one of the single biggest investments the average person will ever be called upon to make . Many buyers are most often not aware of the considerable cost involved and that they are sure to incur when purchasing a property.
19 Nov 2015
Buying your first home can be a very exciting time! But if you are not prepared, you could find yourself overwhelmed by all the red tape and paperwork involved. That’s when you need the help of a Professional Real Estate Agent – who do all the hard work, on your behalf, at no cost to you. Here are Popular Real Estates three top tips for first-time home buyers.