Most Recent Buying Articles
HOW MUCH HOMEOWNERS WILL SAVE FROM INTEREST RATE CUTS
At just 7.75%, interest rates are at the lowest level since 1973. This makes it easier for homeowners to afford the repayments on their home finance. To provide a simplified example of how much a homeowner stands to save, assuming interest rates change on the first of each month, a new homeowner who takes out a R1 million home loan on 1 Feb 2020 at an interest rate of 9.75% and a loan term of 2
Read moreHOW REAL ESTATE AGENTS ARE USING TECH TO CLOSE SALES
The lockdown has placed immense pressure on the real estate industry to innovate and find new ways to sell homes without meeting face-to-face. Real estate agents are still finding ways to line up deals for when transactions can be registered at the Deeds Office. “We have found that our agents are using all sorts of innovative ways to try and show homes virtually. There have been a f
Read moreBOND RELIEF PROGRAMES DURING COVID-19
Tough times are ahead as South Africans as the economy gradually re-opens and recovers after lockdown. Aware of the financial crisis their customers face, many of the financial institutions within South Africa have put together alternative repayment solutions to help consumers keep up with their debt repayments without tarnishing their credit score. “I strongly recommend that homeowners w
Read moreRE/MAX National Housing Report Q1 2020
The state of the South African Housing Market is under pressure now more so than ever before owing to the spread of COVID-19. Though the national lockdown only started near the end of March, Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, says that the Housing Report figures for the first quarter of 2020 already reflect the start of COVID-19’s effect on the property m
Read moreHOW TO PROTECT YOUR HOME FROM GERMS DURING THE COVID-19 PANDEMIC
Amid the Coronavirus pandemic, keeping our homes clean and germ-free is at the forefront of our minds. We’re all taking every precaution to reduce the spread of the virus. Beyond washing our hands as often as possible, we must get into the habit of regularly cleaning all surfaces we touch. Below are a few essential tips to protect your home and your family from germs during this time.
Read moreHOW INTEREST RATES AFFECT THE PROPERTY MARKET
You’ve just heard that the interest rates have been lowered and you’re most likely wondering how this affects you. Well, the fact is most of us will be loan-dependent and need financial assistance from lending institutions to buy a home. So, whether you’re a homeowner or a potential homeowner, the interest rate will affect you at some stage in your life. Below are a few things
Read moreHOW TO UPGRADE YOUR SECURITY IN A FREESTANDING PROPERTY
South Africans are incredibly security-conscious people. That’s why most of us choose to live in security complexes so we can sleep more soundly at night. If you’re in a freestanding property, there are a few things you could do to upgrade your home security so you can sleep as peacefully as your neighbours behind their patrolled walls. Think like an intruder Most intruder
Read more15 WAYS TO CUT BACK ON HOUSEHOLD EXPENSES DURING LOCKDOWN
If find yourself in a season where you are strapped for cash, like many of us do during this nationwide lockdown, there are some things you can live without for the short term until you find yourself in a more stable financial position. For homeowners, there are several household expenses that might take some effort to cut back on but will open up some much-needed breathing room so you can keep
Read moreHOW TO SELL YOUR HOME DURING THE LOCKDOWN
The current spread of coronavirus (COVID-19) and the efforts to contain it have impacted almost all aspects of daily life – and real estate transactions are no different. Yet, despite current circumstances, you might find yourself in a position where you still need to sell your home. People may be doing life differently, but the demand to buy, sell, and rent a home does still exist. Given
Read moreHOW TO HOST YOUR OWN VIRTUAL SHOW HOUSE
When open houses just won’t work, like in many areas of the world battling COVID-19 right now, it may come time to host a virtual open house instead. After all, the need to buy and sell homes still exists even during this unprecedented time. You will just have to make use of the digital world to make your buying and selling dreams come true. Open homes will soon take the form of Facebook
Read more7 WAYS TO RESPOND TO MOODY’S DOWNGRADE
South Africans woke up to Moody’s having downgraded South Africa to junk status this Saturday, making it the third rating agency to do so and putting us in a negative investment-grade situation. While this news comes at a time already fraught with turmoil, Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett, advises South Africans to remain calm and to consider a few re
Read moreRE/MAX HALF FRANCHISE FEES TO EASE BROKERS BURDENS
Our country is faced with an unprecedented situation following President Ramaphosa’s announcement of a mandatory nationwide lockdown for 21 days to curb the spread of the Covid-19 disease. It is going to be a difficult and long road ahead, with many having to face the additional burden of loss of income on top of fears surrounding this disease. “The implementation of a lockdown is a
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