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BUY A STARTER HOME OR WAIT FOR YOUR FOREVER HOME?

BUY A STARTER HOME OR WAIT FOR YOUR FOREVER HOME?

A starter home is a property that will suit your needs for approximately the next five years or until your circumstances change, whereas a forever home is a property that you can see yourself living in indefinitely – or at least for the next 20 to 30 years. The question is, do you hold back until you can afford your forever home, or do you take the plunge with a starter home? Reasons for...

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WHERE TO BUY A HOLIDAY HOME IN SA

WHERE TO BUY A HOLIDAY HOME IN SA

Purchasing a holiday home is not an inexpensive exercise. To get the most out of your investment, you’re going to want to visit the home frequently. The key to purchasing a holiday home is to find an area that suits your entertainment tastes. You should consider the long-term enjoyment of the home to make sure there is plenty nearby to keep yourself eagerly anticipating your next visit to th...

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WHY PROPERTY TRANSFERS TAKE LONGER OVER DECEMBER

WHY PROPERTY TRANSFERS TAKE LONGER OVER DECEMBER

If you have purchased property near the end of the year, you might have a slightly longer wait ahead before the property will be transferred into your name. As with most other businesses, the various Deed’s Offices across the country close over December, most of which close around the 21st and re-open around the 2nd of January. This means that the standard eight to ten working day waiting...

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‘TIS THE SEASON OF GENEROUSITY

‘TIS THE SEASON OF GENEROUSITY

It is estimated that over 13,000 children live in residential care facilities and well over 10,000 more live on the streets of South Africa. When thinking in these terms, it can feel overwhelming to consider making any kind of meaningful difference to the situation. However, according to Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, if we each just contribute in our ow...

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WHY ITS IMPORTANT TO CHECK YOUR AGENT’S CREDENTIALS

WHY ITS IMPORTANT TO CHECK YOUR AGENT’S CREDENTIALS

Similarly to how one might expect a doctor to display his / her degree on the wall of their office, professional real estate agents should be more than willing to provide evidence of their credentials when doing business with you. If not, you might be dealing with a non-registered estate agent. “Did you know that if your agent doesn’t have a valid Fidelity Fund Certificate (FFC), yo...

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LIVE IN ONE OF THE TRENDIEST NEIGHBOURHOODS IN THE WORLD

LIVE IN ONE OF THE TRENDIEST NEIGHBOURHOODS IN THE WORLD

In terms of tourist destinations, South Africa is a treasure trove of hidden gems. One such jewel is the quaint suburb of Kalk Bay, named one of the “coolest neighbourhoods around the world” in an article published by Forbes last year. The many boutique stores, iconic Olympia Café and Dalebrook rock pool, along with many other fantastic restaurants, incredible surf opportunities...

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UNPACKING THE RENTING TREND ACROSS THE GLOBE

UNPACKING THE RENTING TREND ACROSS THE GLOBE

Twenty years ago, purchasing property was an unquestioned right of passage towards which every household strived. Today, households across the globe are choosing to remain in the rental market rather than own their own property. “There are several reasons why households choose to rent, affordability being one of the key determining factors for reaching this decision. Within the South Afri...

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MPC ANNOUNCES STABLE INTEREST RATES

MPC ANNOUNCES STABLE INTEREST RATES

The Monetary Policy Committee (MPC) announced today that the prime lending rate will remain at 10% and the repo rate at 6.5%. This follows from a period of wins and losses for the South African economy. CPI slowed to 4,1% in September from 4,3% in August. However, Moody’s also gave South Africa a negative outlook for its investment grading and lowered its economic growth outlook for the coun...

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ANOTHER AGENT ADDED TO THE CIRCLE OF LEGENDS

ANOTHER AGENT ADDED TO THE CIRCLE OF LEGENDS

Roma Naudé, Broker/Owner of RE/MAX Property Merchants, qualified for the prestigious Circle of Legends Award, the second highest achievement within RE/MAX, in April 2019. She is the sixth person to receive this award within the Southern Africa Region. Providing a little background to her journey towards achieving this milestone, Naudé explains that, equipped with an Honours degree...

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RAISING AWARENESS AROUND MEN’S HEALTH THIS NOVEMBER

RAISING AWARENESS AROUND MEN’S HEALTH THIS NOVEMBER

South Africa’s largest real estate brand is about to get a lot hairier this November. In an effort to raise funds and awareness around various men’s health issues, including testicular and prostate cancer, RE/MAX of Southern Africa has challenged its network to grow their moustaches (ladies are encouraged to grow their leg hair) over the course of November in support of this cause.&nbs...

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HOW REPEAT BUYERS CAN FINANCE THEIR NEW HOME

HOW REPEAT BUYERS CAN FINANCE THEIR NEW HOME

Most repeat buyers rely on the equity from the sale of their first home to finance their new home. However, the process of cancelling one home loan to take out another is not always simple. It is therefore advisable to arrange a consultation with a bond originator to help you better understand how to go about the process. While experienced real estate professionals will be able to outline the g...

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WHAT CAN I CHANGE WHEN PURCHASING OFF-PLAN

WHAT CAN I CHANGE WHEN PURCHASING OFF-PLAN

Much like the virtual world of Sims, the real world also presents the option between unleashing your creativity on a spot of vacant land or popping a pre-designed house onto a plot and making it your own. One of the many enticing factors of purchasing a property off-plan is that you get a say in how the final product will look. The question is, how much can you change when purchasing a property of...

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