Most Recent Buying Articles
RE/MAX NATIONAL HOUSING REPORT Q3 2021
Housing Market Continues to Exceed Expectations Rather than subsiding to pre-COVID levels of activity, as was predicted in the RE/MAX National Housing Report for Q2 2021, the property market continues to exceed expectations in the third quarter of this year. Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett, says that the results of the RE/MAX National Housing Report fo
Read moreENABLING YOUNG GIRLS SCHOOLING SUCCESS
On 27 September, Livingstone High School in the Claremont school district received a free sanitary pad dispensing machine, sponsored by The RE/MAX Foundation and supplied by the MENstruation Foundation & O Grace Land – NPO’s that strives to create free access to sanitary pads for young women during their menstrual cycle. Countless girls in South Africa regularly miss
Read morePROPERTY GIANT TURNS PINK TO RAISE AWARENESS
As prevalent as breast cancer is among South African women, most still fail to go for regular mammograms and perform self-examinations to check for lumps or irregularities hiding beneath the breast tissue. Breast cancer is almost always curable if detected early, which is why the National Breast Cancer Awareness month exists to spread awareness around early detection and cure. “Many of ou
Read more5 TIPS FOR FIRST-GENERATION HOMEOWNERS
Homeownership has always been a dream that many aspire to achieve, especially among those who will be the first in their family to own a home despite their parents being unable to provide financial support through intergenerational wealth. Though first-generation homeowners tend to face a far more challenging journey into homeownership, there are a few tips that can help them achieve their homeown
Read moreSTABLE INTEREST RATES GIVE HOMEOWNERS ANOTHER BREAK
Interest rates will yet again remain stable at 3.5% (repo rate), with the prime lending rate remaining at 7% following the September announcement by the Monetary Policy Committee (MPC). While grateful for this decision, Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, remains cautious for when interest rates will begin their inevitable upward climb. As predicted in his re
Read moreHOW TO AVOID PROPERTY SCAMS
While the Internet is an extremely useful tool, it has also made it easier for criminals to prey on prospective buyers and tenants. Over the last month, RE/MAX of Southern Africa has received several reports of various real estate agent scams taking place within the Western Cape in particular. Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, warns South Africans to be car
Read moreHOW A DEPOSIT AFFECTS YOUR HOME LOAN
When buying a home, not only will you need to save for roughly a 10% deposit on the asking price, but you will also need to budget for the various ad hoc expenses that come with purchasing property, including registration fees and transfer duties. With the costs of purchasing a home being as expensive as it is, it is understandable to want to forgo the deposit. Before you do, take a moment to cons
Read moreDEALING WITH DEFECTS WHEN BUYING A HOME
No matter how thoroughly you may have inspected your dream home, unexpected defects can and often do appear after the offer to purchase has been signed. To help you know how to go about dealing with defects when buying a home, below are a few tips to help you better understand your rights… Understanding the Voetstoots clause Sadly, buyers are not protected by the Consumer Protection A
Read moreGLOBAL R.E.A.L GROUP’S CAREER ADVICE TO WOMEN
The global R.E.A.L. group, with the support of RE/MAX HQ, is helping women shatter any barriers they may encounter along their career path, regardless of where they are in the world. The group is bringing the brilliant business minds of female RE/MAX affiliates together to exchange ideas, best practices, and – most importantly – personal stories, in an authentic and judgment-free fo
Read more5 THINGS TO AVOID WHEN APPLYING FOR HOME FINANCE
You’ve been browsing for property online, and finally found a house you can call home. Although being prepared and having your deposit ready is essential, other factors come into play that could prolong the process of buying your dream home. By considering these factors and monitoring your spending, you can increase the chances of your bond being approved. Below are 5 things to avoid when ap
Read moreNEED-TO-KNOWS BEFORE BUILDING YOUR OWN HOME
Buying a plot of land and building your own home from the ground up can be more affordable than purchasing an existing home, but only if you plan every aspect of the build carefully and keep a tight watch over the budget. The key to building your own home is being well prepared before starting the project. Need-to-know #1: Builder selection is crucial One of the first aspects that need to be
Read morePROS & CONS OF BUYING PROPERTY THROUGH A TRUST
If you’re thinking of buying property through a family trust it may prove helpful to know what this entails. A trust offers you an alternative to purchasing a property in your own name. While purchasing through a trust may offer more security than purchasing through a bank, other tax implications could cause this to be a less desirable option. Before making your decision, consider the pros a
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