Most Recent Selling Articles
IS THERE A DIFFERENCE BETWEEN OFFERS?
It is not uncommon for sellers to receive more than one Offer to Purchase (OTP) on their property at a time, especially if the home is situated in a sought-after area. While it might be tempting to accept the highest offer, this isn’t always the best offer, and it is important to look at all offers in their own merits, paying particular attention to the clauses of each contract. A real es
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LETTING OUT YOUR HOME - THE PROS AND CONS
Although it may not have been your original intention to become a landlord and let out your property, there are certain situations in life where the need may arise. Be it needing to relocate for work or dealing with financial difficulty that needs to be addressed, if the end goal is to hold onto the property, letting it out could be a feasible option. However, it does have both advantages and disa
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LOOK OUT FOR RESTRICTIONS ON YOUR PROPERTY
Owning a property does not mean that the owner is entitled to do whatever they want to the property. Every property in South Africa that is privately owned is subject to certain control measures, which may restrict the owner from making the changes they desire. Before purchasing a home it is in the buyer’s best interest to check the title deed to see whether there are any restrictiv
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MAKING THE MOST OF YOUR PROPERTY PURCHASE
While all property purchases have their merits, they are not all equal. For a buyer to make the most out of their property purchase, they need to make the right buying decisions from the start to ensure they give themselves the best possible opportunity at a good return on their investment. Although recognising and purchasing a home at a fair market value is a good start, it is not the only thi
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MOVING HOMES – PAY ATTENTION TO THE DETAILS
Although packing and unpacking boxes is a major element to moving homes, it is certainly not the only factor that needs to be considered when changing your address. When it comes to moving homes, there are also a few legal matters that will require attention. Each situation will be different, and as such there will be unique aspects that should be taken into account. For example, if you were re
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NEGATIVE ASPECTS THAT INFLUENCE PROPERTY VALUES
Research reveals that it only takes a prospective buyer a few minutes to decide whether they like a home or not, which is why it is essential that the home makes an excellent first impression. While there are certain things you can do to ensure that your home is in its best possible condition before it is listed on the market, unfortunately, there are elements which are beyond your control that
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PROPERTY – ASSET OR EXPENSE?
Is property an asset or expense? At first glance, the question seems to be simple to answer, of course, property is an asset. However, there is more to it than initially meets the eye. When looking at a primary residence, whether the home is an asset will be determined by whether the value of the property is appreciating or depreciating. There are several factors that will have an influence on
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PROPERTY PRICING CRUCIAL
A detrimental mistake that many sellers make when listing their property on the market is inflating the asking price. Sellers often ask for a higher amount to give themselves a cushion during the negotiation process. A seller may have a certain amount that they would like to get out of the sale of the property. Anticipating that prospective buyers will put in lower offers than the initial askin
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PROPERTY VALUE AFFECTS RATES AND TAXES
Each month homeowners receive a bill for the rates and taxes applicable to their property, but what are these municipal rates used for and how is the amount worked out? Municipal property rates are financial liabilities that owners of immovable property are required to pay monthly for basic services that their local municipality provide. Some of these services include maintenance of roads, stre
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QUESTIONS TO ASK BEFORE LISTING YOUR HOME
Just as buyers need to do their research before taking on homeownership, those who are considering placing their home on the market also need to spend some time contemplating certain aspects before they list their property. In fact, there are three questions that every homeowner should ask themselves before placing their home on the market. Question one – Is it the right time to sell?
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SCHOOLS IMPACT HOME VALUES
Purchasing a property is a large financial commitment, and as such, there are several vital aspects that need to be considered before taking the final step towards homeownership. While price, the type of home and cost, are a few of the factors that require attention - the most crucial aspect to consider is location. Most buyers in today’s market know that location is important, but not ev
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SELECT THE RIGHT ATTORNEY FOR TRANSFER
Having the right attorney by your side during a property sales transaction can help to shorten and smooth an often complex process. During the property transfer and registration process, you'll typically work with three different conveyancers: a bond attorney, a bond cancellation attorney, and the transfer attorney. This article provides some guidelines for selecting the right transfer attorne
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