Most Recent Buying Articles
Q3 2017 HOUSING REPORT
Over the last three months, 36 740 bonds were registered at the Deeds Office, totalling an amount of R38 844 981. Data from all the major banking institutions reveal that the average bond amount granted during this period was around R1.11 million, slightly up from the R1.033 million seen in the second quarter of the year. During the third quarter of this year, approximately 52 335 bonds were cance...Read more
BACK TO BACK R2 BILLION IN HOME SALES
September 2014 was the first time that RE/MAX of Southern Africa achieved a new sales record of R2 billion in home sales in one month. However, this year, not only did they hit the R2 billion mark in September but have hit it again in October, making it two consecutive months that they have reached this remarkable result. Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, s...Read more
A BUYER’S GUIDE TO KEEPING TRACK OF PROPERTIES
While it may sound like a reasonably easy thing to do, finding the ideal home may take a little more time and effort than most expect, especially if they don’t follow any specific process. One of the biggest challenges that most people face when starting out on their property buying journey is knowing where to start when sifting through the vast volumes and ample variety of properti...Read more
ARE 30 YEAR BONDS WORTHWHILE?
To lower your monthly bond repayment, you might be considering financing a bond over a period of 30 years. However, before you do, carefully consider the financial impact of the additional interest charged over the longer term loan period. You will pay far less interest if you opt for the more traditional 20-year bond. A 30-year bond can look like an attractive option, especially with the lower...Read more
ARE YOU FINANCIALLY PREPARED TO OWN A HOME?
Buying your first home is terribly exciting. However, before you can qualify for a home loan, you need to make sure that your financial affairs are in order. Below are a few financial questions that you should answer before approaching your bank for finance: What is my credit score? A favourable credit score and clean credit record is a valuable asset when applying for a home loan. Each...Read more
AVOID FIRST-TIME BUYER MISTAKES
Purchasing a home for the first time can be a very emotionally driven experience. There are so many new and exciting things to consider, and sometimes complicated processes to negotiate. Often it can be easy to get caught up on the smaller details, losing sight of the bigger picture and possibly making mistakes that you will pay for in the future. Here are a few tips on what to avoid when purch...Read more
BATHROOM BUDGET RENOVATIONS
Giving a fresh new look to an outdated bathroom can modernise and add value to a home without costing too much. Renovations and contemporary remodelling of bathrooms are known to boost the marketability of a home and, also, bathrooms and kitchens are the two areas of a home where the cost of the renovation can be largely recouped on the sale of the property. According to statistics on averag...Read more
BE PREPARED FOR THE UNEXPECTED
Owning a home is a long-term commitment that can span a lifetime. While we all hope for the best, it is likely that at some stage during our lives, a home emergency of some kind will strike, so it is best to be prepared. While impossible to determine when it will happen, home repairs are a certainty homeowners will need to consider and prepare for. Putting aside money each month in a contingency f...Read more
DISPELLING THE MYTHS
These are comments we’ve heard over the last 20 years, and they’re simply not true. 1. “You can only join them as an independent contractor.” 2. “At that company, they eat their young. You’re left to fend for yourself.” 3. “More like Feemax than RE/MAX.” Let's set the record straight and give you the lowdown: 1. It is true th...Read more
WHAT DOES RE/MAX PROVIDE YOU?
At RE/MAX, we want our agents to have the edge over the competition and be successful in establishing themselves as the best in the industry. To help our agents on their path to achieving their hopes, dreams and desires, we put in place some training programmes and support structures to make the road a little easier. As an RE/MAX agent, here are some of the benefits: RE/MAX CRM The Custom...Read more
There are several reasons why some of the top agents in the industry decide to work with the RE/MAX brand, here are some of them: CREDIBILITY GOES FAR The influence of a brand cannot be bought or borrowed. – It is earned over time. At RE/MAX, you benefit from four decades of brand reputation built on leadership, innovation and integrity. Unite with it, and gain instant credibility in t...Read more
HAVE YOU GOT IT COVERED?
With the ever increasing cost of living, you may be reassessing your financial situation and looking at ways to save money and cut down on costs. One way that you can save money is by having a look at your current home insurance policies and possibly changing the cover. While insurance is a necessity for homeowners, it does not have to be a financially draining burden. Shop around and see what...Read more