A home loan, also known as a mortgage, is a type of loan used to finance the purchase of a home. The borrower takes out a loan and agrees to pay back the lender, with interest, over a set period of time, typically 15 or 30 years. There are several components to a home loan, […]
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What Is Home staging? Home staging is the process of preparing a home for sale by making it look as attractive as possible to potential buyers. This can involve decluttering and organizing the space, repairing any damages or issues, and adding furniture and decor to make the home look more inviting and visually appealing.
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What is Conveyancer? A conveyancer is a professional who helps to transfer property ownership from one person to another. They are responsible for ensuring that all legal requirements are met and that the transfer is completed smoothly. NB: Conveyancing fees are diffrent from Transfer Duty Conveyancer fees can vary depending on each transaction. However, as a general guide,
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Rent To Buy: Property Terms Rent to buy is a type of housing agreement where the tenant pays rent for a set period of time, after which they have the option to purchase the property. This can be a great option for those who are not ready to buy a home outright, but who want
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Property Management: Property Terms Property management is the process of overseeing and maintaining a property, such as an apartment complex, office building, or retail centre. A property manager is responsible for the day-to-day operations of the property, including ensuring that the property is well-maintained, addressing tenant concerns, and enforcing the terms of the lease agreement.
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Property Terms What Is Rent Deposit Rent deposit is a sum of money that a tenant pays to their landlord when they move into a new property. This deposit is usually equal to one month’s rent, and it is used to cover any damages that the tenant may cause during their tenancy.
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Renting property Renting property can be a great way to get started in the real estate market. You can find good deals on rental properties and then use the money you save to invest in other properties. There are a few things to keep in mind when you’re looking for a rental property, though. Make
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Crunch numbers twice before you buy a property When it comes to buying a house, there are a lot of things to consider: location, size, amenities—the list goes on. But one thing you shouldn’t overlook is the cost of the property. Property Tip 1 It’s easy to get caught up in all the other
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Municipal Property Rates COGTA defines property rates as the cent amount in the rand levied on the market value of the property (Land & Buildings). Property rates are calculated based on the value of land and improvements or buildings. This value is based on the market value of the property. That is the price that is realistically acquired for
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Factors To Consider Before You Buy a Property Buying a property is one of the most important and complex purchases anyone can make and for first time home buyers, it’s like navigating a minefield. This article will help with 10 tips to consider before you even start an online search. Choose The Right Location In
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