What you should know about the new Property Practitioners Act
The long-awaited Property Practitioners Act finally came into effect this year and brings with it significant changes to the real estate industry. The Act takes a more consumer-focused approach and is premised on the need for transformation in the property sector. Property practitioners The Act has widened its scope of application by consolidating all role […]
Take your homeowner relationship to the next level
Despite the recent interest rate increase, South Africa is still currently in what is deemed a “buyer’s market”, where first-time homebuyers are enjoying the opportunity of entering the property market at a much earlier stage than their financial situations would have allowed in previous years. But it’s precisely the fact that so many homebuyers are […]
How to know when it’s time to move
Knowing when to move is not always as straight forward as one might think. At times, the need for a change is apparent and unavoidable, but other times, it grows over time and may even go unnoticed. Let’s have a look at a few of the biggest indications that it might be time to move house. Growing pains A […]
FLISP partnership answers property dreams
First time home buyers in South Africa now have added support to get their foot on the first rung of the property ladder, thanks to a new partnership between legal technology company, LexisNexis South Africa, and conveyancing firm, MDW Inc. The two industry players have joined forces to grow awareness among aspirant home owners of […]
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, […]
More than ever, home buyers are checking online what home loan amount they can qualify for.
“Despite all doom and gloom that is surrounding the residential property market, June 2020 was a record month for property buyers who went online to check what home loan amount they could qualify for,” says Meyer de Waal, who was instrumental in the development of such an online process. A property buyer can subscribe online and perform their own credit score check, calculate affordability on two different platforms and receive a very accurate indication of a home loan they can qualify for. Added to such a service is […]
Why an ‘assisted/quick sale’ must be the last resort for a distressed property owner
Just as vultures begin to circle a wounded animal in its final death throes, estate agencies are pedalling ‘assisted sales’ or ‘quick sales’ as the solution to the COVID-19 related problems of many a property owner. “An assisted sale or quick sale has been the main source of revenue for many estate agents in troubled […]
Real Estate Investor Magazine / Rode Property Conference
As you know Meyer de Waal will be a special guest at the upcoming Real Estate Investor Magazine / Rode Property Conference to be held in Johannesburg in 19 August and Cape Town on 26 August 2015. We have secured “5 specials” deals and if you book 3 tickets, you can get 2 for free. […]
BUYING YOUR PROPERTY IN A TRUST: IS IT REALLY WORTH IT?
A trust is a legal entity with its own distinct identity. It has the contractual capacity to acquire, hold and dispose of property and other such assets for the benefit of its nominated beneficiaries. All trusts are governed and administered in terms of the Trust Property Control Act, and formed and governed in terms of a […]
BOUNDARY (PARTY) WALLS: THE NEIGHBOURLY THING TO DO
The easiest way to determine the boundaries between properties is to consult the official town planning diagrams kept by the local authority in control of the area (Rondebosch). In the event of a dispute over the dividing line between two properties, the first point of reference would be the official property plans (diagrams). One can […]
