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HOW SERVITUDES CAN AFFECT PROPERTY VALUES

HOW SERVITUDES CAN AFFECT PROPERTY VALUES

When searching to purchase a property, most buyers are on high alert for any excuse to hackle down on price. Discovering that a property comes with a servitude often gives buyers exactly such an excuse. Before you decide to invest in a property with a registered servitude, it might be best to know exactly how these can affect property values. What is a servitude Simply put, a servitude allows...

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COMMERCIAL PROPERTY PERFORMANCE IN EAST LONDON

COMMERCIAL PROPERTY PERFORMANCE IN EAST LONDON

Commercial real estate has suffered from high vacancy rates and low levels of demand ever since the pandemic hit our shores. According to Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett, this trend is likely to continue for some time.   “Most companies have realised that it is possible to remain productive while operating remotely. Many have also innovated to o...

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CHARITABLE WAYS TO HELP YOUR COMMUNITY THIS WINTER

CHARITABLE WAYS TO HELP YOUR COMMUNITY THIS WINTER

Winter is by far the hardest season for a large portion of the South African population who are living outside the formal housing sector. Though one might not have the means to help in a dramatic way, there are still many small ways to help those in need this Winter. According to the 2016 Community Survey by StatsSA, 2,193,968 South Africans live in informal dwellings (defined as a dwelling or...

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HOW TO SPOT PROPERTY INVESTMENT OPPORTUNITIES EARLY

HOW TO SPOT PROPERTY INVESTMENT OPPORTUNITIES EARLY

Lifestyle changes brought about by the pandemic combined with record-low interest rates are likely to lead towards a host of new investment opportunities developing within the local real estate market. Those hoping to capitalise on such an opportunity ought to heed the advice of real estate experts to make sure they spot opportunities as they arise.  When it comes to maximizing returns on...

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INTEREST RATE HIKES HELD OFF FOR ANOTHER QUARTER

INTEREST RATE HIKES HELD OFF FOR ANOTHER QUARTER

After announcing at their previous meeting that the interest rates may increase by 25 basis points in the second quarter, the Monetary Policy Committee (MPC) cut the country a break today when it 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, th...

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RE/MAX SA WINS GLOBAL LUXURY LIFESTYLE AWARD

RE/MAX SA WINS GLOBAL LUXURY LIFESTYLE AWARD

It has recently been announced in the 13th annual Luxury Lifestyle Awards that RE/MAX of Southern Africa has claimed the coveted title of Best Real Estate Brokerage in South Africa. The brand is the first to win this award within the region as in previous years, this award category-focused mainly on America and Europe. The objective of these awards is to recognize excellence across the whole range...

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4 STEPS TO GO FROM GRADUATE TO HOMEOWNER

4 STEPS TO GO FROM GRADUATE TO HOMEOWNER

After completing their studies, most graduates will enter the job market, begin their career path, and embark on their next stage in life. If you’re a new graduate, what you may fail to realise is that the financial decisions you make early on will largely dictate your financial well-being in the future. To ensure that you put your right foot forward to embark upon the path towards financial...

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FIND YOUR OWN “BRIDGERTON” MANSION

FIND YOUR OWN “BRIDGERTON” MANSION

Those who are enthralled by period dramas such as “Downton Abbey” or Netflix’s latest “Bridgerton” series might find themselves daydreaming about the possibilities of finding a 19th Century mansion of their own. Those with the means to do so might just be able to turn their dreams into a reality with these few homes currently listed by RE/MAX agents in the UK. &nbs...

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INSTEAD OF A CAR LOAN, CHOOSE A HOME LOAN

INSTEAD OF A CAR LOAN, CHOOSE A HOME LOAN

With public transport being as unreliable as it is, many South Africans choose to purchase their own vehicle. Rather than opting for an affordable option, many choose to take on vehicle finance to afford the purchase. As one of the most expensive forms of debt a person could have, this can inevitably delay one’s ability to afford to take out a home loan. “The mindsets of many South...

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IS YOUR AGENT MAKING USE OF A DIGITAL STRATEGY?

IS YOUR AGENT MAKING USE OF A DIGITAL STRATEGY?

The way we live and work has been dramatically altered by the pandemic. It follows then that the way people buy and sell houses will have also been affected. Real estate agents who have not yet adopted a digital approach to their marketing may be far less effective than those who have. Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett, explains that more and more buyers are...

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HOUSING MARKET BOOMS FOLLOWING LOCKDOWN

HOUSING MARKET BOOMS FOLLOWING LOCKDOWN

RE/MAX National Housing Report Q1 2021 The local property market is seeing unprecedented levels of activity ever since the country emerged from hard lockdown in June 2020. Pent up demand, record-low interest rates, and a change in lifestyle requirements seem to be driving this demand, with seemingly no end in sight. According to Lightstone Property data, a total of 54,955 bond registrations...

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TIPS FOR FIRST-TIME BUYERS: USE A BOND ORIGINATOR

TIPS FOR FIRST-TIME BUYERS: USE A BOND ORIGINATOR

The process of applying for a home loan can be overwhelming, especially for first-time homebuyers. Luckily, there is a free service that can help you find the best deal on your home loan – only trouble is that not many first-time buyers know about it. For those who are venturing on their first big property investment, here’s how using a bond originator can help you… Services...

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