2020 Housing finance in Africa
PRESS RELEASE 2020 Housing Finance in Africa Yearbook just recently launched focused on centrality of housing to a post COVID-19 resilience and recovery strategy The COVID-19 pandemic and country lockdowns have brought the state of housing into sharp focus: many households in Africa do not have a home they can comfortably stay in. This is […]
Make sure your property flip does not flop
During Season 4 of Modern Family, viewers sat in stitches watching as Cam and Claire tried their luck in house flipping, where a property is bought with the sole purpose of improving it and reselling it at a profit. Needless to say, things went wrong. What else would you expect from a sitcom? And what […]
Stuck with a too high interest rate on your home loan? Here is how to save thousands if you renegotiate
Raising a home loan is often the one of the most stressful times in one’s life – but don’t forget, renegotiating a lower interest rate a few years later can save you thousands of rands. You have nothing to lose, so it’s worth a try. CAR PREMUIMS ARE REDUCED If you insurance a car, the […]
First time home buyers can enter the market from only R640 000 in an excellent location
Successful integrated housing project in Glenhaven launches the Glen First time home buyers can enter the market from only R640 000 in an excellent location Devmark Property Group’s integrated housing project in Glenhaven, Bellville South, is making excellent progress with the launch of The Glen. Located on an infill site measuring 7.2 ha on the […]
Buying property that fits your character
Contrary to popular belief, while price is a strong determining factor in whether you are able to afford a home, the property value has little impact on whether you’d be satisfied with your new home. How you experience your new home will depend heavily on a variety of other factors. Once you have a clearly […]
Real estate – The smart investment
Buying real estate is more than finding the right home or location for your business – owning property is an investment that holds more benefits than you might know. Income Predictability While interest rates may alter mortgage repayments at first, real estate offers a somewhat constant financial investment. Once home loans are repaid in full, […]
The economic impact of the pandemic
A business interruption insurance policy typically caters for a decrease in turnover or profit (depending on the type of cover); an increase in operating expenses and a move to a temporary location (if necessary). The question arises whether or not COVID-19 qualifies as an insured event which could lead to a valid and enforceable insurance […]
Calling it quits: Early lease cancellations
2020 has been an unpredictable year, to say the least. Each new week seems to hold its own uncertainties and concerns. In such times, it is important for tenants of residential property to know what their rights are in terms of premature cancellation of lease agreements that may be necessitated by COVID-19, the pursuant lockdown […]
Reign in the renovations
Preparing a home that will soon enter the market is one of the first steps of the selling process. But these preparations, intended to make a property more attractive for prospective buyers, should always be approached carefully and, above all, strategically. These are a few key elements that may affect a property’s ultimate attraction without […]
Socially distanced property viewings
The real estate industry has always been known for utilising the latest technologies available to bring buyers and sellers together. From announcements at Town Hall gatherings to the printing presses, the introduction of radios and television sets in households, and finally the World Wide Web, property practitioners have always been on the lookout for the […]