Most Recent Buying Articles
TOP 20 QUESTIONS TO ASK YOUR REAL ESTATE AGENT
Some might say that selling your house can be just as exciting as buying it. Yet it’s understandable if you’re feeling a bit nervous about this new chapter in your life. It can also be a stressful and expensive process, often only being undertaken a handful of times. The good news is that RE/MAX agents deal with the process of selling properties, across Southern Africa, every day. We&r
Read more
HOW MARRIAGE CONTRACTS CAN AFFECT HOMEOWNERSHIP
Two of the most important commitments you’ll ever make in your life is marriage and buying a home. They are inevitably linked because not only does marriage become a driving force for buying property, but the marriage contract comes into play when applying for a home loan and can affect homeownership. To help you better understand how your marriage contract can affect homeownership, below
Read more
RE/MAX IS SANTA’S HELPER THIS DECEMBER
Those who are looking for ways to help their fellow man over the festive season can drop off toys, books, stationery supplies and children’s clothing at their local participating RE/MAX office as part of the annual RE/MAX National Toy & Book Collection. At the end of January 2022, the donations will be dropped off at various local charities and children’s organisations across the c
Read more
HOW TO STAY IN BUDGET WHEN BUYING YOUR FIRST HOME
Buying your first home doesn’t need to be a stressful experience. It can be incredibly exciting if you’re properly prepared for the journey, which is why it’s best to start off with a clear idea of what you can comfortably afford on your monthly bond payments before you start searching for your dream home. Apart from your bond, there are several other costs you need to budget for
Read more
INTEREST RATE HIKE MEANS HIGHER REPAYMENTS ON HOME LOANS
After months of enjoying record-low interest rates, South African debt holders now face slightly higher repayments as the Monetary Policy Committee (MPC) has just announced that the repo rate will increase by 25 basis points to 3.75%, leaving the prime lending rate at 7.25%. While remaining hopeful that this increase will not have too profound of an effect on the property market as a whole, Reg
Read more
WHY YOU NEED HOMEOWNER’S INSURANCE TO OWN PROPERTY
There’s no doubt that your home will be the largest financial asset you’ll ever own, which is why homeowner’s insurance is imperative. To help you better understand why you need homeowner’s insurance to purchase property, below are a few key aspects you should understand. What is homeowner’s insurance and why do you need it? Homeowner’s insurance is a poli
Read more
SECTIONAL TITLE OR FREEHOLD OWNERSHIP: WHICH SUITS YOU BEST?
Once you’ve decided to purchase a property, you will need to decide whether you are looking for sectional title or freehold ownership —both of which have their own sets of pros and cons. To decide which is best for you, you will need to fully understand what each of these entails... But, before we can look at what makes these two types of ownership different, it’s important to
Read more
HOUSE HUNTING? HERE’S WHERE TO START
While it may sound like a reasonably easy thing to do, house hunting may take a little more time and effort than most expect, especially if you don’t follow any specific process. One of the biggest challenges you’re likely to face when searching for homes is knowing where to start when sifting through the variety of properties available to you. The chances of you buying the very fir
Read more
HOW LIFE STAGES AFFECT HOMEOWNERSHIP
Each new stage of life presents its own set of unique challenges to homeownership. The good thing is that with the right preparation and planning, each new set of circumstances can be viewed as an exciting opportunity rather than a daunting season filled with obstacles. While renting has its upsides, owning your home is a great way of investing into your future wealth by paying off an appreciat
Read more
RE/MAX NATIONAL HOUSING REPORT Q3 2021
Housing Market Continues to Exceed Expectations Rather than subsiding to pre-COVID levels of activity, as was predicted in the RE/MAX National Housing Report for Q2 2021, the property market continues to exceed expectations in the third quarter of this year. Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett, says that the results of the RE/MAX National Housing Report fo
Read more
HOW MUCH IS MY HOME WORTH?
Knowing how much your home is worth can equip you with the knowledge to make well-informed plans for the future, regardless of whether you plan on selling. There are several resources available to those who wish to discover the value of their home, but the most reliable of which is to have a real estate professional provide a free evaluation of the property. Online resources can help determine
Read more
ENABLING YOUNG GIRLS SCHOOLING SUCCESS
On 27 September, Livingstone High School in the Claremont school district received a free sanitary pad dispensing machine, sponsored by The RE/MAX Foundation and supplied by the MENstruation Foundation & O Grace Land – NPO’s that strives to create free access to sanitary pads for young women during their menstrual cycle. Countless girls in South Africa regularly miss
Read more