# 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…
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…
“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!…
Starting the house-hunting process is incredibly exciting, leaving the most level-headed among us prone to a misstep or two…
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…
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…
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…
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.
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.”
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…
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.
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!…
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…
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. ..
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…
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.
Thanks to favourable interest rates and heightened competition amongst the major banks, the homebuying trend is continuing in SA, according to the ooba Group…
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
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
After navigating the lengthy, complex process of buying a home, the last thing you need is to experience buyer’s remorse…
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…
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`
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…
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…
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….
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…
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…
Buying-off-plan has made owning a brand-new home more affordable and accessible.
The repo rate is sitting at an unprecedented low and buyers and investors are caught between buying-off-plan versus buying an existing property…
The popularity of gated communities – and especially estates – has grown steadily in South Africa, thanks to the added security that they offer homeowners…
While some first-time buyers are under the impression that being granted a 100% home loan and not having to put down a deposit means that they are exempt from upfront costs, they are mistaken…
Well, the time to buy an investment property on a golf course is now, according to real estate experts…
When you’re selling your home with a view to buying a new one, it can be tough to know where to start. Do you sell your current home first, or focus first on finding the new home of your dreams?…
Thanks to the Reserve Bank, interest rates are still the lowest they’ve been in 50 years, bond repayments are less than rent in many areas – but how can you be sure that homeownership is the right move for you?…