Buyer Articles

# Things to know when purchasing a property – 18 May 2021

Buying a property, especially if it is your first home, is often an emotional and stressful experience. The top 10 tips in making the process smoother and easier…

3 Steps to Buying Your First House – 1 March 2022

“Happiness is… buying your first home” (Anon)
Few things in life can compare to the joy of finally crossing the threshold of your first home. If you are like most of us, you have been dreaming of this day for years and years – it has finally arrived!…

7 big homebuying blunders and how to avoid them – 8 February 2022

Starting the house-hunting process is incredibly exciting, leaving the most level-headed among us prone to a misstep or two…

7 Essential Checks To Do Before You Sign an OTP – 20 March 2020

It’s easy to get caught up in the moment and make mistakes when buying a home, which is no surprise as most new homeowners have a lot going on. So, before you sign on the dotted line, here’s what you should know…

A buyer’s guide to purchasing heritage properties – 21 October 2021

While many people believe a heritage building is one that was built at least a 100 years ago and has historical significance, this is not necessarily the case…

A BUYER’S GUIDE TO KEEPING TRACK OF PROPERTIES – 17 AUGUST 2017

One of the biggest challenges that most people face when starting out on their property buying journey is knowing where to start when sifting through the vast volumes and ample variety of properties available to them…

Advantages of Owning Your Own Home

Author : Homeloans SA Owning a Property is the largest single achievement anyone can aspire to. This article covers the ‘Investment’ Aspect relating to Property Ownership.

Buy to Let

Author : Homeloans SA Buy to Let – What are the Banks Requirements Investors who are looking for a good return on their investments still believe that property is the place to put your money. One way of doing so is to through a process called “Buy-to-Let.”

Buyers don’t just accept a tick list. Disclosing that there is mould ‘is not enough’ – 2 February 2022

No mandate may be accepted by an estate agent [Property Practitioner] without a comprehensive property defects disclosure form. If no disclosure form is signed and attached, the PPAct provides that the agreement must be interpreted as though no defects or deficiencies of the property were disclosed to the purchaser…

Buying a Repossessed House

Author : Homeloans SA How to Buy a Repossessed House One way of getting into the property market as an investment, or to buy your own home, is to buy a repossessed house. One way of getting into the property market as an investment, or to buy your own home, is to buy a repossessed house.

Buying and Selling Property: Nine Important Questions – 1 March 2021

When you buy or sell your “Home Sweet Home”, particularly for the first time, the process can seem complicated, the terminology confusing, and the risks of making a costly mistake intimidating. You are after all dealing with quite possibly your most important asset!…

Document checklist for property purchasers – March 2022

If you’ve decided to become a homeowner – In order to ensure that this process runs as smoothly as possible, there’s some paperwork that you’ll need to have in order…

Everything buyers need to look for in an agreement of sale – 23 June 2021

An agreement of sale, also sometimes called an offer to purchase (OTP) is a legally binding document that is signed by both the buyer and the seller of a property. ..

First-time buyers guide | Everything you need to know before house hunting – 17 October 2020

With more affordable property prices and bank approval rates at historical high levels, coupled with easing deposit requirements and lower interest rates, this may be the best ever opportunity for first-time buyers to buy a home…

Good Time to Buy Property

Author : Homeloans SA GOOD TIME to BUY PROPERTY The Best Time to Buy a Property is when Media Reports, refer to the Property Cycle, as a “Buyers Market”. The Principle of “Supply and Demand” directly influences the situation.

Here are the minimum requirements to purchase property in SA – 18 March 2022

Thanks to favourable interest rates and heightened competition amongst the major banks, the homebuying trend is continuing in SA, according to the ooba Group…

How to Buy a Property on Auction

Author : Homeloans SA How to Buy a Property on Auction When we hear that a property is being sold on auction the first thing that comes to mind is that it’s a sale in execution – where the owner could no longer afford the bond repayments. But times have changed and our assumptions may be rather incorrect

Property Ownership Options

Author : Homeloans SA When you want to buy property in South Africa, such as a free standing house, a unit in a complex or a flat, you have various options available to you with reference to the type of ownership. The most common form of ownership is freehold but we also have sectional title, share block and leasehold as forms of ownership available

Purchasing property: How to limit buyer’s remorse, avoid unpleasant ‘surprises’ – 12 October 2021

After navigating the lengthy, complex process of buying a home, the last thing you need is to experience buyer’s remorse…

Should One Purchase Property in: Own name, CC, Company or Trust?

A Company or Close Corporation has the following disadvantages in regard to the payment of tax when it sells a property: The Capital Gains Tax (CGT) is calculated on the capital gain; In addition, the shareholders or members shall pay Dividends Tax…

Should you Buy or Rent

Author : Homeloans SA Agents are often faced with this question and when attempting to guide a Prospective Purchaser or Lessee, this article will assist to: `state the facts` with `integrity`

The ‘crucial’ home feature to look out for when buying a house – ‘it pays to double-check’ – 14 March 2022

According to Home Owners Alliance, UK, the majority of prospective buyers spend just 20 minutes looking round a property, while missing out on key features that could end up costing them more in the long run…

The A-Z of buying your first home – April 2021

Buying a new home can be a challenging and complicated process without the correct guidance and expert advice. A step-by-step guide with all the requirements you should know…

The exciting – and scary – journey of stepping on to the property ladder – 17 May 2021

Starting the hunt for that first property is a thrilling journey that leads to so many benefits for owners, but there are also many worries and possible hurdles….

The pitfalls of buying in a new development and how to avoid them – 30 March 2022

There is a need for the property sector to inform the public about potential difficulties and possible pitfalls that most buyers of new homes face when they come to making their choices…

The Pros and Cons of Buying Repossessed Houses – 4 March 2022

With the potential for cheap purchase prices, the idea of buying repossessed houses is appealing to many people shopping the property market. Whether looking for a primary home, an investment property, or a property to sell on for a profit, a lower purchase price holds immense attraction for buyers…