When you think of a property auction, do you think of a desperate seller and a low price being fetched? That’s they way auction used to be – but not anymore. There is a new way of auctioning property that not only attracts a totally different buyer – but it can also help you achieve… Read More Is Auction For You?
With the growing demand for properties in gated estates, which are mostly sold as turnkey or plot-and-plan products, is there still a market for vacant plots in the residential suburbs? The short answer is “Yes”. After the global financial crisis when the banks lost much of their appetite for home loans, they weren’t that keen… Read More Is There Still a Market for Plot Sales?
After a solid but stable year in 2014, just what can we expect in the local property market in 2015? Without a crystal ball we’ll have to do our best with some educated assumptions based on current market information. Demand is still healthy in the price range up to R 2.5 million for freehold homes,… Read More The Property Market in 2015
Auction creates a transparent platform for buyers to compete for a property. Transparency builds trust, and this leads to a fair and equitable transaction being concluded by all parties. Benefits of auctions to buyers Buyers for auction property benefit in the following ways: A set auction date allows the buyer time to better plan and… Read More Auction – Bidders Guide
One of the biggest risks a property purchaser has is the risk of their home loan being declined. By far the majority of property purchasers need to make use of bank finance. The result is that they need to make their offer subject to their finance being approved within a certain time frame. Sadly this… Read More A First: Pre-Approved Bonds for Auction Bidders
In an every-changing market modern estate agencies continue to innovate and perfect ways of achieving a property seller the most the market will pay. In previous articles we’ve discussed the conventional way of marketing a home – with a price. It’s important the list price is correct so as to attract the right buyers. If… Read More Modern Selling Strategies Shake Up The Market
The only thing more frustrating than not being able to buy something you want, is buying it thinking you can afford it, only to find out later that you can’t. Shopping for a property can be stressful. First you make a list of the important “must-haves”, and then you start browsing the property websites and… Read More Buyers Should Pre-Qualify Before Buying
It doesn’t matter what you’re buying, buyers all want the same thing: value for your money. It’s never more true though when it comes to the purchase of a property, as a real estate purchase is usually one of the largest purchases of your life. For the past few years now developments have offered exceptional… Read More Developments Continue to Offer Outstanding Value
For most of us, we need finance in order to purchase property. It’s devastating to find the home of your dreams, close a sale, and then find out later the bank has declined your finance. So what can be done to avoid this situation and improve your chances of your finance being approved? When you… Read More Improve Your Home Finance Chances
It may have come as a surprise to many economists, but the recent interest rate increase a wise move – at least I think so. The market has enjoyed nearly 2 years of steady recovery, and sometimes it’s easy to lose touch with reality. The reality is that many world economies are still in a… Read More What Effect Will Interest Rates Have on the Property Market?