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Most Recent Buying Articles

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IT’S CURRENTLY CHEAPER TO BUY THAN TO RENT

IT’S CURRENTLY CHEAPER TO BUY THAN TO RENT

The record-low interest rates have already encouraged many first-time buyers to enter the market, and for good reason. At the current interest rate of just 7% (prime), and with room for another cut before the year is out, it is possible that the monthly repayments on a home loan will cost less than the rent on the same property, making it cheaper to buy than to rent. At the current interest rat...

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TAKE SOCIAL DISTANCING TO THE NEXT LEVEL: BUY YOUR OWN ISLAND

TAKE SOCIAL DISTANCING TO THE NEXT LEVEL: BUY YOUR OWN ISLAND

Ever dreamed of escaping to your own private island and leaving the worries of the world behind you? Well, if you have R19 990 000 to spare, this dream could become your reality. Currently listed with Sue Abernethy of RE/MAX Coastal, this state-of-the-art home is surrounded by water and the approach is over a private causeway. With not one, but two private jetties, plus its own private bea...

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A CHANCE TO LIVE IN YOUR VERY OWN CASTLE

A CHANCE TO LIVE IN YOUR VERY OWN CASTLE

For a cool R32 million, investors can purchase their very own sandstone castle, equipped with its own airstrip and private chapel. This sought-after property is also the seasonal home of Arctic explorer, Devlin Fogg. The property, built entirely of sandstone in a medieval style, is located only 12 kilometres from Fouriesburg. Access is either by road or by air, as the property boasts its own pr...

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Zero-Tolerance Stance on Gender-Based Violence

Zero-Tolerance Stance on Gender-Based Violence

*Updated 18/08/2020 It has recently been brought to our attention that a reported incident of gender-based violence has been alleged against one of our agents, Jarryd Philips, in his personal capacity. In view of this, RE/MAX of Southern Africa would like to clearly stipulate its zero-tolerance stance towards gender-based violence. “RE/MAX SA stands firmly against and does not tolerate...

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5 WAYS TO RESOLVE A BLACKLISTING AGAINST YOUR NAME

5 WAYS TO RESOLVE A BLACKLISTING AGAINST YOUR NAME

The national lockdown has put a strain on many South African households – many of whom may have already been struggling before the economy ground to a halt. So, it’s understandable that you might have slipped behind on debt repayments over this time and tarnished your credit score. Thankfully, there are ways to resolve blacklisting and your credit score can be restored.   ...

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LOVE CAN GUIDE YOU HOME

LOVE CAN GUIDE YOU HOME

If you’ve finally decided to buy property, you shouldn’t settle for a house you can’t call home. On average, it takes a minimum of approximately five years to see real returns on real estate investments. Given that you will likely stay in the home for quite some time, you really cannot afford to settle for a house you don’t love.  Below are a few ways you can use yo...

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5 PRACTICAL TIPS FOR BUYING A HOME ON A SINGLE INCOME

5 PRACTICAL TIPS FOR BUYING A HOME ON A SINGLE INCOME

Married couples no longer dominate the real estate market in South Africa, as single females now make up the largest portion of buyers. Although the process of buying a home on a single income may seem daunting at first, it can be an extremely good financial move if done correctly. For those who want to ensure that their property investment is a success, below are 5 nifty tips to help you buy a...

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EMPOWERING WOMEN TO STRIVE TOWARDS SUCCESS

EMPOWERING WOMEN TO STRIVE TOWARDS SUCCESS

Women’s month presents the perfect opportunity to provide hope to those who can no longer visualise a better future for themselves. This August, we celebrate all women and remind them that success is within their grasp.  “It is often said that empowered women empower women, as they provide hope to others through their own success. At RE/MAX, women are a force to be reckoned wit...

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PRESSURE ON ASKING PRICES & MORE BUYER INTEREST

PRESSURE ON ASKING PRICES & MORE BUYER INTEREST

The overall state of the South African housing market is best described as a buyer’s market with house price decline in real terms. Yet, the South African housing market is comprised of multiple micro-markets, each with its own trends in recent performance. “For buyers and sellers, it is always advisable to consult a local property expert to get an accurate picture of how a specific...

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SOLE MANDATE HELPS YOU SELL IN CURRENT BUYER’S MARKET

SOLE MANDATE HELPS YOU SELL IN CURRENT BUYER’S MARKET

In a buyer’s market, sellers will need to utilize any advantage they can find so that their home stands out among the crowd. One such advantage is signing a sole mandate to ensure that their property gets the maximum attention it deserves.  According to Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett, many sellers falsely believe that if they let multiple agenc...

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RE/MAX CLOSES RECORD-BREAKING SALES MONTH WITHIN LOCKDOWN

RE/MAX CLOSES RECORD-BREAKING SALES MONTH WITHIN LOCKDOWN

South Africa has just come off the back of one of the toughest periods from a real estate industry point of view. Real estate practitioners were without any cash, without any resources, and without any way of serving their clients under Alert Level 5 and 4. And, just over a month later, RE/MAX of Southern Africa has hit a record sales month in the history of the company. “Across Southern...

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Interest Rate Cut to Speed Up Recovery in Housing Market

Interest Rate Cut to Speed Up Recovery in Housing Market

The record-breaking streak of interest rates cuts in January through to May has already spiked interest in the first-time buyers’ market. The housing market received further good news when today, the Monetary Policy Committee (MPC) announced that the interest rate will drop by 25 basis points. The repo rate, therefore, lowers to 3.5%, leaving the prime lending rate at 7%. Adrian Goslett,...

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