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5 THINGS TO AVOID DURING THE HOME BUYING PROCESS

5 THINGS TO AVOID DURING THE HOME BUYING PROCESS

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. However, taking these factors into consideration and monitoring your spending can increase the chances of your bond being approved. Below are 5 thing...

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FEATURES TO MAINTAIN DURING LOCKDOWN

FEATURES TO MAINTAIN DURING LOCKDOWN

Buying a house is an incredible milestone to achieve, especially if it's your first home. However, it comes with its own set of responsibilities, including regular maintenance to ensure that certain features don’t turn into a major problem or a financial burden down the line. By performing regular maintenance checks yourself, you’ll avoid having to pay for costly repairs that could...

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HOW TO PROTECT YOUR HOME BY THINKING LIKE A BURGLAR

HOW TO PROTECT YOUR HOME BY THINKING LIKE A BURGLAR

The chance of home burglary is something we all hope to avoid. That’s why it’s important to consider how a criminal might view your property to identify any weak spots that could make your home a target. Try to view your home through the eyes of a burglar to identify some of the potential threats to your home security. Below are a few tips on how to help you protect your home by thi...

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4 RULES TO FOLLOW IN YOUR NEIGHBOURHOOD SECURITY GROUP

4 RULES TO FOLLOW IN YOUR NEIGHBOURHOOD SECURITY GROUP

Social media has become the go-to platform for communication and connectivity. Most of us are dependent on platforms like WhatsApp and Facebook to stay informed. In certain neighbourhoods, complexes and estates, the community will form groups on social media for the sole purpose of exchanging important information around neighbourhood safety, such as a nearby break-in or a dangerous con-artist tha...

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HOW THE PROPERTY MARKET WILL PERFORM POST-LOCKDOWN

HOW THE PROPERTY MARKET WILL PERFORM POST-LOCKDOWN

There is a lot of uncertainty around how various sectors of the economy will perform once we gradually emerge from the various levels of national lockdown and return to business as somewhat unusual. One sector of the economy that stands to be greatly impacted by the COVID-19 pandemic is the housing market. While interest in the property market has been stimulated through interest rate cuts, afford...

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HOW MUCH HOMEOWNERS WILL SAVE FROM INTEREST RATE CUTS

HOW MUCH HOMEOWNERS WILL SAVE FROM INTEREST RATE CUTS

At just 7.75%, interest rates are at the lowest level since 1973. This makes it easier for homeowners to afford the repayments on their home finance. To provide a simplified example of how much a homeowner stands to save, assuming interest rates change on the first of each month, a new homeowner who takes out a R1 million home loan on 1 Feb 2020 at an interest rate of 9.75% and a loan term of 2...

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HOW REAL ESTATE AGENTS ARE USING TECH TO CLOSE SALES

HOW REAL ESTATE AGENTS ARE USING TECH TO CLOSE SALES

The lockdown has placed immense pressure on the real estate industry to innovate and find new ways to sell homes without meeting face-to-face. Real estate agents are still finding ways to line up deals for when transactions can be registered at the Deeds Office.  “We have found that our agents are using all sorts of innovative ways to try and show homes virtually. There have been a f...

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BOND RELIEF PROGRAMES DURING COVID-19

BOND RELIEF PROGRAMES DURING COVID-19

Tough times are ahead as South Africans as the economy gradually re-opens and recovers after lockdown. Aware of the financial crisis their customers face, many of the financial institutions within South Africa have put together alternative repayment solutions to help consumers keep up with their debt repayments without tarnishing their credit score. “I strongly recommend that homeowners w...

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RE/MAX National Housing Report Q1 2020

RE/MAX National Housing Report Q1 2020

The state of the South African Housing Market is under pressure now more so than ever before owing to the spread of COVID-19. Though the national lockdown only started near the end of March, Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, says that the Housing Report figures for the first quarter of 2020 already reflect the start of COVID-19’s effect on the property m...

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HOW TO PROTECT YOUR HOME FROM GERMS DURING THE COVID-19 PANDEMIC

HOW TO PROTECT YOUR HOME FROM GERMS DURING THE COVID-19 PANDEMIC

Amid the Coronavirus pandemic, keeping our homes clean and germ-free is at the forefront of our minds. We’re all taking every precaution to reduce the spread of the virus. Beyond washing our hands as often as possible, we must get into the habit of regularly cleaning all surfaces we touch. Below are a few essential tips to protect your home and your family from germs during this time....

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WHAT HAPPENS DURING THE TRANSFER & REGISTRATION PROCESS

WHAT HAPPENS DURING THE TRANSFER & REGISTRATION PROCESS

You've found your dream home but there’s one thing standing between you and the keys – the transfer of property ownership. This process can seem complicated, but it can be relatively straight forward if you have the help of a knowledgeable professional at your side to guide you through it. To help you understand the basics, below is an outline of what happens during this process...

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HOW INTEREST RATES AFFECT THE PROPERTY MARKET

HOW INTEREST RATES AFFECT THE PROPERTY MARKET

You’ve just heard that the interest rates have been lowered and you’re most likely wondering how this affects you. Well, the fact is most of us will be loan-dependent and need financial assistance from lending institutions to buy a home. So, whether you’re a homeowner or a potential homeowner, the interest rate will affect you at some stage in your life. Below are a few things...

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