Most Recent Buying Articles
AVOID NON-REGISTERED RENTAL AGENTS OVER PEAK SEASON
As the rush of the summer holiday season approaches, areas along the coastal region often experience an influx of non-registered agents offering deals that are too good to be true on managing clients’ holiday rental properties. The trouble is that these clients will have little to no legal recourse against these agents if they turn out to be con artists. “We have heard several repor
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RE/MAX OFFICES ACT AS DONATION DROP-OFF ZONES THIS DECEMBER
From December to January, members of the public are invited to drop off donations of toys, books, stationary supplies and children’s clothing at their local RE/MAX office as part of the annual RE/MAX National Toy & Book Collection. At the end of January 2021, the donations will be dropped off at various local charities and children’s organisations across the country. According t
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STABLE INTEREST RATES LEAD TO HOUSING MARKET BOOM
The Monetary Policy Committee (MPC) has again announced that interest rates will remain stable, keeping the repo rate at 3.5% and the prime lending rate at 7%. According to Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, interest rates are likely to remain low as we head into 2021. “There is the possibility that there will be a slight increase of around 0.5 points
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RE/MAX MONTH OF FESTIVE FEELS
COMPETITIONS TERMS & CONDITIONS (16 Nov – 11 Dec 2020) 1. The Promoter is RE/MAX of Southern Africa (“The Promoter”). 2. The competition is open to all Residents of South Africa, Namibia, Angola, Botswana, Swaziland and Mauritius only, above the age of 18 years except directors, members, partners, employees or consultants of or
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RE/MAX GIVES AWAY R1 MILLION WORTH OF PRIZES
Over the period of 16 November to 11 December 2020, RE/MAX of Southern Africa will be giving away Takealot vouchers to the value of R1,000 – R2,000 to 700 lucky winners as part of the brand’s Festive Feels campaign that aims to help South Africans get through this festive season. Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett explains that the national lockdo
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HOW TO DEAL WITH HOA’S WHEN BUYING INTO AN ESTATE
There are many benefits of buying into a sectional title complex, from the additional security to the shared maintenance costs and the greater sense of community. Yet, to enjoy these benefits, you’ll need to abide by the regulations set out by the complex’s body corporate or homeowners association (HOA). Below are a few tips to help you deal with the HOA when buying into an estate:
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HOW TO BUY A HOME WHEN YOU’RE BROKE
Buying your first home may seem like an impossible achievement when you’re broke. However, there are many opportunities of which you may not be aware that can help you afford your first home. Below are a few tips to help you buy a home when you’re broke: Government subsidies can help you buy You can make use of the variety of available National Housing Subsidy Programmes to help yo
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HOW TO BUY A FIXER-UPPER THAT’S WORTH THE INVESTMENT
One need only watch The Home Channel or scroll across an epic ‘before and after’ video on social media to get excited about the idea of buying a fixer-upper. But, deciding to commit to this kind of project for yourself can be intimidating. How do you know you’re buying a fixer-upper that is worth the investment? If you have your heart set on buying a home to renovate, below are a
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HOW TO AFFORD A HOME ON A SINGLE INCOME
Living on a single income is a challenge that some may decide to undertake to raise a young family. Others, either as a result of sudden unemployment or disease, have no other option but to make ends meet on a single income. No matter whether deliberate or not, there are ways to afford a home on a single income. Below are a few practical financial moves to help you stay afloat: Be realistic abo
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WHY 2020 DOES NOT COMPARE TO THE 2008 HOUSING MARKET CRASH
When the national lockdown was first announced at the end of March, the real estate industry braced themselves for another housing market crisis similar to that of the 2008 crash. Unprecedently, the market has bounced back and has shown very few similarities to that of the crash twelve years ago. According to Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, nobody could h
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MOVED BACK HOME DURING LOCKDOWN? YOU’RE NOT ALONE.
Many new trends have emerged within the real estate sector as a result of the national lockdown, one of which is the increase in multi-generational living. No longer able to afford the costs of living alone, many have combined households to share the living expenses. According to Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, this increase in multi-generational li
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CENTURION OFFERS A PRIME INVESTMENT MARKET
What used to be the sleepy area of Pretoria known as Centurion is today a bustling hub of activity with much working in its favour – specifically in terms of the abundance of sectional titles which is drawing new buyers and tenants to the area. According to Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, property markets like Centurion offer great investment opport
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