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RE/MAX National Housing Report Q4 2019 A Slower Quarter than Usual

RE/MAX National Housing Report Q4 2019 A Slower Quarter than Usual

The property market of 2019 is most accurately described as being a trying one at best, characterised by slow national house price growth and a supply that far outweighed the demand in most areas across the country. Despite this, the RE/MAX National Housing Report for Q4 2019 reveals that the fourth quarter of 2019 managed to reflect growth on the previous year’s figures, proving that smart...

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4 REASONS TO USE AN AGENT WHEN SELLING YOUR HOUSE

4 REASONS TO USE AN AGENT WHEN SELLING YOUR HOUSE

In an attempt to cut down on costs, some sellers might be contemplating listing their homes without the services of a real estate professional. Although it may seem like a great way to reduce costs and avoid paying an agent’s commission, it also means that the seller will have to do all the work themselves. At first glance, selling a property privately may appear to be an easy process of...

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TIPS TO CREATE A PEACEFUL HOME

TIPS TO CREATE A PEACEFUL HOME

While trivial issues of whether the toilet seat stays up or down will always exist, there are several other more important ways your home could be creating unnecessary tension in your relationships. If you’re looking to purchase a new home, you have the chance to avoid this by being careful about your purchasing decisions. Below are a few tips to help you create a peaceful home. Location,...

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LOAD SHEDDING LIFE HACKS

LOAD SHEDDING LIFE HACKS

The risk of national power interruptions continues to exist. Homeowners should keep a watchful eye on Eskom’s load shedding schedule and follow the power utility’s social media feeds for any announcements so that plans can be made if a blackout has been scheduled for your area. If you happen to spot the announcement in time, here are a few ways to help you prepare for the blackout:...

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HOW TO BUILD A GOOD CREDIT HISTORY

HOW TO BUILD A GOOD CREDIT HISTORY

Those who aspire to buy a property will require a favourable credit record to improve their chances of bond approval. Just as important as a positive credit score, is an established credit history that shows that you can favourably conduct your credit responsibilities. Your credit record will have a bearing on whether your bond is approved, as well as the interest rate at which the bank will finan...

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TIPS TO HAVE YOUR BOND AND TRAVEL TOO

TIPS TO HAVE YOUR BOND AND TRAVEL TOO

If you’re an aspiring homeowner with wanderlust, you may fear to commit to a bond because you plan to see what the rest of the world has to offer. However, having a home loan doesn’t necessarily mean that you must live in the home year-round. Below are several options that are available if you’d like to have your bond and travel too... Make Extra Moola Short-term lett...

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FUN IDEAS FOR AT-HOME DATE NIGHT ON A BUDGET

FUN IDEAS FOR AT-HOME DATE NIGHT ON A BUDGET

While sticking to your household routines may be convenient and simple, it might be slowly killing the spark between you and your partner. But, with the cost of living being as high as it is, it can be difficult to find new experiences to share that will fit your budget. Luckily, just because your budget doesn’t allow for leaving the house, it doesn’t necessarily mean you can’t s...

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FOREIGN INVESTORS GUIDE TO THE SOUTH AFRICAN PROPERTY MARKET

FOREIGN INVESTORS GUIDE TO THE SOUTH AFRICAN PROPERTY MARKET

Real estate investment for foreigners is relatively uncomplicated in South Africa. Provided you are in the country legally, there are no restrictions for buying and selling property as a non-resident. If non-residents are planning on staying in the country for longer periods of time, they will need to apply for a residence permit and comply with the requirements as set out in the SA Immigration Ac...

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WHAT IS A USUFRUCT AND HOW CAN IT HELP?

WHAT IS A USUFRUCT AND HOW CAN IT HELP?

The definition of a usufruct is a legal right given by an owner to someone who is not the owner, to use the owner’s property for a certain period, usually for the remainder of that person’s life. The person who holds the usufruct, also known as the usufructuary, has the right to make use of the property and enjoy its profits and benefits provided the property is not damaged or alt...

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ADVICE FOR SHARING A MULTI-GENERATIONAL HOME

ADVICE FOR SHARING A MULTI-GENERATIONAL HOME

Multi-generational house-sharing is the norm within most South African households. It is said that approximately one in two 18-34-year-olds live at home with parents. Most seniors also do not have enough saved in their pension to afford living on their own. As cost-effective as it may be, sharing a space with various generations can disrupt the feng shui in your home. But, house-sharing isn&rsq...

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CONSIDER YOUR NEIGHBOURS WHEN RENOVATING YOUR HOME

CONSIDER YOUR NEIGHBOURS WHEN RENOVATING YOUR HOME

We all want to live in peace, which is why it’s in your best interests as a homeowner to acknowledge your neighbours and contribute towards a happy and peaceful suburb that encourages current and potential homeowners to set roots in the area. While purchasing a property gives you the rights to do what you like to the place (within the limits of HOA or Body Corporate and municipal regulati...

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DEVELOPMENTS LEAD TO A BOOM IN THE STELLENBOSCH HOUSING MARKET

DEVELOPMENTS LEAD TO A BOOM IN THE STELLENBOSCH HOUSING MARKET

The RE/MAX National Housing Report for Q4 2019 revealed that the Western Cape remains the province with the highest national median asking price according to Private Property data. However, this amount reflects a 3% drop on the figure for Q4 2018, which could suggest that not all suburbs will perform as well as others. Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett, therefo...

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