Most Recent Buying Articles
CHANGING LIVES, ONE SPORTS BURSARY AT A TIME
RE/MAX has always been committed to positively impacting the lives of those living within the communities we serve. In 2022, The RE/MAX Foundation sponsored two students with a full bursary and two students with bursary support packages through the non-profit organization, Sporting Chance Foundation. Below, each of the students share their feedback on how this opportunity has positively
Read moreRE/MAX SA PARTNERS WITH SUNSHINE LADIES TOUR
The much-anticipated Sunshine Ladies Tour tees off in February 2022 and this year it boasts not only a massive prize money hike, but also a few new sponsors – including RE/MAX of Southern Africa. “The Sunshine Ladies Tour is healthy, strong and growing thanks to the continued commitment of our stakeholders, including Investec, the municipalities of Joburg and Cape Town, Jabra, Super
Read moreRE/MAX EXPANDS ITS GLOBAL FOOTPRINT
As globalization increases, the need for truly global real estate brands increases alongside it. Adding to its vast global presence in over 110 countries and territories, RE/MAX continues to move into new geographic areas as the desire to affiliate with the real estate brand remains high. International real estate remains big business despite declines in foreign investment due to the COVID-19 p
Read moreHOW WILL THE PROPERTY MARKET PERFORM IN 2022?
Remarkably, within a pandemic year, the property market has experienced somewhat of a boom. Record-low interest rates and the change in lifestyle resulted in an increase in buyer activity that kept the real estate market alive and thriving. With this year at its end and with the new year in sight, Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett, says that it is difficult to
Read moreHOW MARRIAGE CONTRACTS CAN AFFECT HOMEOWNERSHIP
Two of the most important commitments you’ll ever make in your life is marriage and buying a home. They are inevitably linked because not only does marriage become a driving force for buying property, but the marriage contract comes into play when applying for a home loan and can affect homeownership. To help you better understand how your marriage contract can affect homeownership, below
Read moreRE/MAX IS SANTA’S HELPER THIS DECEMBER
Those who are looking for ways to help their fellow man over the festive season can drop off toys, books, stationery supplies and children’s clothing at their local participating RE/MAX office as part of the annual RE/MAX National Toy & Book Collection. At the end of January 2022, the donations will be dropped off at various local charities and children’s organisations across the c
Read moreHOW TO STAY IN BUDGET WHEN BUYING YOUR FIRST HOME
Buying your first home doesn’t need to be a stressful experience. It can be incredibly exciting if you’re properly prepared for the journey, which is why it’s best to start off with a clear idea of what you can comfortably afford on your monthly bond payments before you start searching for your dream home. Apart from your bond, there are several other costs you need to budget for
Read moreINTEREST RATE HIKE MEANS HIGHER REPAYMENTS ON HOME LOANS
After months of enjoying record-low interest rates, South African debt holders now face slightly higher repayments as the Monetary Policy Committee (MPC) has just announced that the repo rate will increase by 25 basis points to 3.75%, leaving the prime lending rate at 7.25%. While remaining hopeful that this increase will not have too profound of an effect on the property market as a whole, Reg
Read moreWHY YOU NEED HOMEOWNER’S INSURANCE TO OWN PROPERTY
There’s no doubt that your home will be the largest financial asset you’ll ever own, which is why homeowner’s insurance is imperative. To help you better understand why you need homeowner’s insurance to purchase property, below are a few key aspects you should understand. What is homeowner’s insurance and why do you need it? Homeowner’s insurance is a poli
Read moreSECTIONAL TITLE OR FREEHOLD OWNERSHIP: WHICH SUITS YOU BEST?
Once you’ve decided to purchase a property, you will need to decide whether you are looking for sectional title or freehold ownership —both of which have their own sets of pros and cons. To decide which is best for you, you will need to fully understand what each of these entails... But, before we can look at what makes these two types of ownership different, it’s important to
Read moreHOUSE HUNTING? HERE’S WHERE TO START
While it may sound like a reasonably easy thing to do, house hunting may take a little more time and effort than most expect, especially if you don’t follow any specific process. One of the biggest challenges you’re likely to face when searching for homes is knowing where to start when sifting through the variety of properties available to you. The chances of you buying the very fir
Read moreHOW LIFE STAGES AFFECT HOMEOWNERSHIP
Each new stage of life presents its own set of unique challenges to homeownership. The good thing is that with the right preparation and planning, each new set of circumstances can be viewed as an exciting opportunity rather than a daunting season filled with obstacles. While renting has its upsides, owning your home is a great way of investing into your future wealth by paying off an appreciat
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