Real Estate

An Amanzimtoti Property reader financially affected by the coronavirus outbreak has been charged a penalty every month for late rental payments. He wants to know if he is legally obligated to pay it. He writes: "My wife and I have been affected financially by the Covid-19 pandemic, just like everybody else. We have been making partial payments for our rent, but always clear the balance by the time...

The further easing of monetary policy by the South African Reserve Bank (SARB) has presented a golden opportunity for consumers looking to snap their dream house on the cheap and those looking to lower their debt servicing costs. The central bank today cut its lending rate by 50 basis points to a new record low of 3.75%. Andrew Golding, CEO of the Pam Golding Property, said the repo rate reduction...

Life is changing incredibly fast during the coronavirus pandemic and many industries are following suit, including real estate. While some sellers have decide to pull their homes off the market and try to sell at a later stage, this may not be an option for everyone. With that in mind, if you are trying to sell your home in this market, there are some things that you can do to help keep everyone involved...

Here's why you should plan to buy property now   If there is any way you can afford it, you should start planning to get into the property market as soon as possible. One of the most frequent questions being asked in the real estate sector at the moment is whether this is a good time to buy a home or an investment property. “And the answer is yes, if there is any way you can afford it, you should...

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