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TIPS FOR LONG DISTANCE HOME SEARCHES

TIPS FOR LONG DISTANCE HOME SEARCHES

Moving down the road can be a daunting task, nevermind across the country. Whether for family reasons or an employment opportunity, it is not uncommon for people to find themselves in a situation where they may have to relocate to another city or town in another region. While challenging, technology has made the world a smaller place which makes moving across the country - or the world for that ma

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Q3 2017 HOUSING REPORT

Q3 2017 HOUSING REPORT

Over the last three months, 36 740 bonds were registered at the Deeds Office, totalling an amount of R38 844 981. Data from all the major banking institutions reveal that the average bond amount granted during this period was around R1.11 million, slightly up from the R1.033 million seen in the second quarter of the year. During the third quarter of this year, approximately 52 335 bonds were cance

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ARE 30 YEAR BONDS WORTHWHILE?

ARE 30 YEAR BONDS WORTHWHILE?

To lower your monthly bond repayment, you might be considering financing a bond over a period of 30 years. However, before you do, carefully consider the financial impact of the additional interest charged over the longer term loan period. You will pay far less interest if you opt for the more traditional 20-year bond. A 30-year bond can look like an attractive option, especially with the lower

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WHAT DOES RE/MAX PROVIDE YOU?

WHAT DOES RE/MAX PROVIDE YOU?

Apart from the unbeatable global brand recognition and international marketing efforts, RE/MAX also offers a wide range of bespoke tech and training for our agents and franchisees so that they can become successful entrepreneurs. In this article, we introduce you to just some of the tools and learning opportunities that RE/MAX provides you… The RE/MAX Hub Anything can be accomplished

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AVOID BUYER’S REMORSE

AVOID BUYER’S REMORSE

According to studies, nearly 80% of homebuyers have at least one significant regret regarding their property purchase decision. Many homebuyers get caught up in the emotional journey of purchasing a property and sometimes overlook certain important elements. It is once they have moved into their new home, and everything has settled that the reality of the situation sets in and they start to see th

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AVOID THESE REAL ESTATE INVESTMENT MISTAKES

AVOID THESE REAL ESTATE INVESTMENT MISTAKES

Investing in property is much like running any other business, in that it requires research, conscientiousness and an acute attention to detail. As with owning a business, a property investor needs to capitalise on opportunities in the market and more importantly minimise their potential for making costly mistakes. There are certain mistakes that property investors could make that would be more de

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THINKING OF BUYING A PROPERTY OFF PLAN?

THINKING OF BUYING A PROPERTY OFF PLAN?

The thought of buying a home that no-one else has lived in is a very appealing concept to many buyers, which is why off-plan property purchases have become so popular over the years. Especially in boom markets where the demand for homes outweighs what is available for purchase. It can be more cost effective Other than the fact that no-one else has owned the home before you, another reason th

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COULD VIRTUAL REALITY CHANGE THE REAL ESTATE SECTOR?

COULD VIRTUAL REALITY CHANGE THE REAL ESTATE SECTOR?

While virtual reality (VR) is not a new concept, there has been rapid advancement and augmented reality technology is at the stage where it could start to have an impact on consumers’ daily lives over the next few years. There is a wide array of applications that VR could have within the education sector, the office environment, medical facilities and of course the real estate sector. 

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AN OFFER YOU CAN’T REFUSE

AN OFFER YOU CAN’T REFUSE

Once you have narrowed down the search and found the ideal home, the next step is to put pen to paper and make an offer to purchase. While this may seem overwhelming at first, there are a few simple guidelines that will make it a far less daunting experience. An offer to purchase is essentially an agreement that lays out the terms and conditions of the property transaction between the buyer and

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ELEMENTS TO LOOK FOR IN ANY NEIGHBOURHOOD

ELEMENTS TO LOOK FOR IN ANY NEIGHBOURHOOD

Packing up and relocating to another city, or for that matter, another country, is a major undertaking, so it is imperative to do the necessary research and weigh up all the options before making the final decision. Whether it is as big a decision as immigrating or moving across the country, there are essential aspects that should be assessed in every prospective neighbourhood to ensure that you w

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ENSURE YOUR HOME MEETS YOUR FUTURE NEEDS

ENSURE YOUR HOME MEETS YOUR FUTURE NEEDS

Making the decision to purchase a property is very exciting, but it is important to understand that it is a major financial commitment that should not be made without the proper consideration. Given the long-term nature of a property investment, there are some essential elements that should be carefully measured beforehand, to ensure you are making the right decision and purchasing a property that

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HOW MILLENNIALS ARE CHANGING THE REAL ESTATE MARKET

HOW MILLENNIALS ARE CHANGING THE REAL ESTATE MARKET

Consumers under the age of 30 years old or Millennials, as they are more commonly called, are standing up and making their presence known in the real estate market. While it is the Generation X consumers, aged between 31 and 45 years old, who are still the driving force behind the property market, there are several areas around the country where Millennials represent the highest percentage of rece

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