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WAYS TO COPE WITH SELLING YOUR CHILDHOOD HOME

WAYS TO COPE WITH SELLING YOUR CHILDHOOD HOME

The paint flakes as you run your fingers over the markings on the wall that tracked your growth over the years. From where you’re standing, you can faintly make out the shadow of the beer stain on the living room carpet from the day you threw your first unsupervised house party. As you make your way deeper into the home, more and more memories come flooding back to you, overwhelming you with...

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HOW TO BREAK UP WITH A LAZY ESTATE AGENT

HOW TO BREAK UP WITH A LAZY ESTATE AGENT

After the initial months of being flattered with high prices and wooed over with glistening listing brochures, the honeymoon phase with your real estate agent soon comes to its inevitable end. Eventually, you can’t help but consider other options … FALLING FOR THE WRONG AGENT All too often sellers make the mistake of choosing an estate agent based purely upon price, asking quest...

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MPC ANNOUNCES INTEREST RATES WILL REMAIN UNCHANGED

MPC ANNOUNCES INTEREST RATES WILL REMAIN UNCHANGED

Some good news to start the year off as the Monetary Policy Committee (MPC) announced today that interest rates will remain unchanged. The prime lending rate therefore remains at 10.25% and the repo rate at 6.75%. “South Africans should celebrate this small victory by doing what they can to pay off their pre-existing debts as aggressively as possible while interest rates remain stable,&rd...

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RE/MAX NATIONAL HOUSING REPORT Q4 2018

RE/MAX NATIONAL HOUSING REPORT Q4 2018

A Stable & Steady Quarter Ending the year with roughly as many positive outlooks as there were negative, it is unsurprising that the fourth and final quarter of 2018 would yield slow but steady results. However, without any curve ball spikes in numbers, and with most figures revealing shoots of minor growth, the fourth quarter could easily be described as good news to the risk averse invest...

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ARE YOU CUT OUT FOR A CAREER IN REAL ESTATE?

ARE YOU CUT OUT FOR A CAREER IN REAL ESTATE?

A career in real estate can potentially be one of the most lucrative professions a person can pursue. But, not many real estate groups set up stalls at career days, nor is the profession advocated for by many teachers and parents. Most agents enter the profession purely by chance – and this ‘chance’ usually takes the form of an encounter with an old acquaintance who happens to be...

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WHEN SHOULD I EXPECT MY ADULT CHILD TO MOVE OUT?

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...

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PREDICTIONS FOR THE 2019 PROPERTY MARKET

PREDICTIONS FOR THE 2019 PROPERTY MARKET

Last year was a tumultuous one, from newly instated presidents to economic recessions, ever-rising fuel costs, interesting IT revelations from SARS and a few more Finance Ministers. As we enter the new year, the question for real estate investors as well as everyday citizens now becomes: What awaits us in 2019?   “Not surprisingly, a lot will hinge around the outcome of the 2019 elec...

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3 BUDGET-FRIENDLY WAYS TO ENTERTAIN FROM HOME

3 BUDGET-FRIENDLY WAYS TO ENTERTAIN FROM HOME

Out of the 261 working days this year, most of us are eagerly anticipating those few December leave days that we’ve worked so hard for. Unfortunately, many of us forget to think ahead and ensure that money has been set aside to allow us to make the most of the holiday season. If you happen to find yourself in this same hopelessly undersupplied boat sailing towards holiday bankruptcy, here ar...

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5 HOUSEHOLD EXPENSES THAT INCREASE OVER THE HOLIDAYS

5 HOUSEHOLD EXPENSES THAT INCREASE OVER THE HOLIDAYS

‘Tis the season of annual leave, Christmas gifting, and school holidays. For most of us, this means that a whole new budget needs to be drawn up to accommodate all the once-off expenses that come with these perks of the season. Rather than ruining your credit score on a month of lavish spending, it is advisable to set up a budget before December starts so that you do not have to resort to pu...

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STRESS-FREE GUIDE TO SELLING OVER SCHOOL HOLIDAYS

STRESS-FREE GUIDE TO SELLING OVER SCHOOL HOLIDAYS

Having it rain on your wedding day, catching a cold on the first day of an international vacation, and getting a flat tyre on the morning of your first day at a new job are all events which we hope will never coincide. Of course, one might just as easily add ‘selling a home during the school holidays’ to that list…  Selling over the school holidays can be stressful. Keep...

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SHOULD I TRAVEL NOW OR PUT DOWN ROOTS FIRST?

SHOULD I TRAVEL NOW OR PUT DOWN ROOTS FIRST?

Advances in travel technology have made it that much easier to quench human nature’s insatiable thirst to explore. And, South Africans are taking full advantage of this fact. According to Stats SA’s Tourism and Migration Report of November 2017, the total number of South African residents who left and returned to the country is on the increase. For South African residents, the volume o...

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INTEREST RATES RISE TO CUT INTO HOLIDAY SPENDING

INTEREST RATES RISE TO CUT INTO HOLIDAY SPENDING

An unpopular yet unsurprising decision was made earlier today by the Monetary Policy Committee (MPC), as Reserve Bank Governor, Lesetja Kganyago, announced that the interest rates would increase by 25 basis points. This will bring the prime lending rate up to 10.25% and the repo rate to 6.75%. While most financial analysts predicted that we would end the year at a repo rate of 6.75%, the timing...

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