10 common mistakes sellers make – and how to avoid them Property transactions are lengthy and convoluted processes with many potential pitfalls and, in a strong sellers’ market, one or two small mistakes are unlikely to be an issue, however, more serious omissions or errors can put a spanner in the works and, in a tougher market even small errors can prove costly. This is according to Cobus...
by Crisna van der Bank Making an offer to purchase on a property – what the law says Staff Writer13 March 2022 Top of Form Subscribe Bottom of Form When you find a home you want to buy, the next step is usually to make a written Offer to Purchase (OTP) which the agent will then present to the seller to accept, reject or make a counter-offer. “And it is very important to understand that when an...
Representing REMAX AMANZIMTOTI Crisna Van Der Bank was awarded the Diamond Award which is awarded to the top 3Percent of Realtors in their respective marketplace grossing over R14 938 000,00 In commission....
Africa: banks are lending again The key driver of the housing market over the last 18-months has been the historically low interest rate which has come down by 30% since the start of 2020, notes Samuel Seeff, chairman of the Seeff Property Group. “Should there be a rate hike at the next Reserve Bank MPC meeting, as anticipated by the market, we expect it to be benign, possibly around 25...
As we draw a close to the third quarter of 2021, the effects of the third wave of COVID-19 infections combined with the looting and protest actions following Zuma’s arrest are sure to be felt across most sectors of the South African economy. The question is whether this will have an impact on the local housing market.Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, says that he...
by Crisna van der Bank 
Navigating the property industry as a first-time home buyer can be nerve-wracking and overwhelming, and the thought of making a mistake with such a large investment can be enormously stressful. In this article, we unpack the most common mistakes made by first-time property buyers and provide advice on how to avoid them. 1. Not understanding your affordability Before house-hunting, it is important to ensure...
by Crisna van der Bank What’s the most tax-efficient way to build wealth through property? I want to create a financial wealth portfolio that I can enjoy in my retirement age, and that will enable me to leave something behind for my children. I would like to invest in one or two properties as wealth creation, but I’m unsure of the South African tax laws. Kindly advise of best legal ways of paying the...
Over the past three years, the KwaZulu Natal property market has enjoyed unparalleled growth, outperforming other provinces as an investment destination. And yet, it is still considered one of the best-kept secrets in the country. SEE | SARB holds rate steady, as 'KZN leads property market recovery' According to the Pam Golding Residential Property Index, South Africa’s house price inflation...
South Africa’s prime lending rate is currently at 7%, the lowest it has been in five decades. As the Monetary Council of the South African Reserve Bank (SARB) is set to meet at the end of March, a unanimous vote by 25 economists on Finder’s repo rate forecast report thinks the bank will continue to hold the rate. Web Design | Marketing | PhotographyRead More ...
by Crisna van der Bank 
South Africa’s Land Expropriation Bill is currently open for public until 10 February 2021. While the issue of land expropriation without compensation remains a hot topic in the country, legal firm Cliffe Dekker Hofmeyr said that this comment period is particularly important as it has found a number of potential issues in the draft bill. “The bill attempts to protect individuals’ Constitutional...
by Crisna van der Bank 