Most Recent Renting Articles
STAY IN THE RENTAL MARKET OR BUY?
Whether a consumer continues to stay in the rental market or decides rather to purchase a home, there are advantages and disadvantages to both options. Renting offers the tenant a certain amount of flexibility before they make a long-term commitment while buying a home can provide the owner with an asset to their name that will certainly show good returns in time to come. Each consumer needs to ev...Read more
HOW TO ADJUST TO YOUR NEW NEIGHBOURHOOD
Have you ever pulled into your driveway at home and suddenly realised that you have no recollection of the journey from the office to your doorstep? That’s because your routines can become so familiar that you are able to do them in auto-pilot mode. The problem arises when you move to a new neighbourhood and you go to unlock your front door and your keys no longer fits the locks… ...Read more
HOW MUCH INFLUENCE CHILDREN HAVE ON YOUR HOME BUYING CHOICES
It is not difficult to understand why good parents factor the needs of their children into their purchasing decisions. But, exactly how much influence do children have on your purchasing decisions? And how much influence should you allow them? How Children Influence Our Choices Global studies have shown that millennial parents are placing increased value on their children when it comes to maki...Read more
FACTORS SELLERS OVERLOOK WHEN PREPARING FOR A MOVE
As exciting as it is to move into a new home, the process can be time consuming and stressful – especially if you have overlooked factors involved in preparing for a move. If it’s been a while since you have last experienced a move, here are a few reminders to help prepare yourself for what lies ahead… Packing takes longer than you think The worst mistake you can ma...Read more
RULES FOR LEASING TO DISABLED TENANTS
Legally, landlords may not reject tenants based on their disability and must grant them the same opportunity to apply for tenancy as all other applicants. If you receive such an applicant, it is advisable to speak to an experienced estate agent with knowledge on this topic, or an attorney who can provide specific advice on how best to accommodate a tenant with a disability. Below are just a few...Read more
CAN I GET OUT OF PAYING FINES ISSUED BY MY HOA?
Upon checking your mailbox, you’re surprised to find a white envelope with the signature of your Body Corporate and your name just below it. Contained therein is bold red typeface notifying you of a R500 fine for exceeding the 35 km/hour speed limit within the estate. After the wave of panic that follows getting caught red handed has abated, a new sense of unjustified indignation follows: Wh...Read more
SIGNS THAT YOUR TENANTS IS GETTING HIGH IN YOUR HOME
While most news stories paint a very scary reality about the prevalence of drug-abuse in South Africa, the truth is that there is actually very limited accurate data from which to draw these conclusions. However, according to a study conducted in 2012 by Anti Drug Alliance South Africa, 5.8% of their 57,809 national respondents reported using drugs on a daily basis, with ecstasy and cocaine being...Read more
WHEN SHOULD I EXPECT MY ADULT CHILD TO MOVE OUT?
Approximately one in two 18-34 year-olds live at home with parents. As a parent, that means you have a 50/50 chance that your teenager is going to end up living with you for much longer than you might have expected ... THE REASON BEHIND THE DELAY The discrepancy between entry-level salaries and the rising cost of living is one of the largest contributing factors for this delay in leaving the n...Read more
CREATIVE EXCUSES MADE BY DEFAULTING TENANTS
Penalties for late payments and monthly reminders seem to be a lost on some tenants. Though it’s unlikely that you’ll be able to see the originality of the excuse in the moment, some of them are truly unique in hindsight. Below are some of the most creative excuses the RE/MAX of Southern Africa network has heard over the years… Technical Difficulties “The electricity...Read more
HOW TO FOLLOW UP ON LATE PAYMENTS
You’ve screened the tenant thoroughly and their credit check returned a glowing review. You even built a clause into the rental agreement that stipulated that any late payments would accrue interest payable on the following month’s rent. And yet, your tenant is still late on his/her payments. What is a landlord to do about this? The reality is that every landlord will likely have to...Read more
KNOWING WHICH REAL ESTATE AGENTS TO AVOID
Choosing the wrong real estate professional is like wearing an incredibly expensive pair of uncomfortable shoes. Unless you swap them out for a better fit, you’re going to have blisters to deal with at the end of the day. If the shoe doesn’t fit, don’t force it. The easiest way to tell that you have the wrong agent is if they make you feel doubtful or uncomfortable in any way....Read more
Renting is often a race against time where the fastest applicant claims victory. To avoid the disappointment of losing out on your ideal property, you need to be fully prepared before you even start the process of looking for a place to rent. For those of you who have never rented before, below is a step-by-step guide for first-time renters: Step 1: Find out what you can afford The rule of thu...Read more