Buyer Property News
How AI is being used to scam property buyers and sellers
20 Nov 2024
The integration of artificial intelligence (AI) in real estate has revolutionised property transactions, offering tools for better property analysis and customer engagement. However, criminals are exploiting these advancements to perpetrate sophisticated scams that can be used to target property buyers and sellers in South Africa.
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South Africa’s property market: A balancing act between recovery and affordability
18 Nov 2024
The South African property market is entering a new chapter, characterized by cautious optimism and subtle shifts in activity. Despite encouraging signs of renewed interest, house prices remain relatively stagnant, leaving buyers, sellers, and industry professionals wondering: What’s next for the property market?
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Understanding hidden home ownership costs before buying your first home
11 Nov 2024
Before buying your first home, it’s essential to budget for hidden costs beyond the bond repayment. Common expenses include utility fees, municipal rates and taxes, homeowner’s insurance, and ongoing maintenance. Planning for these costs can help first-time buyers in South Africa manage their finances more effectively and avoid unexpected expenses.
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Buying a sectional title property? Here’s why assessing the body corporate is essential
08 Nov 2024
When purchasing a sectional title property for the first time, prospective buyers often focus primarily on the property itself. While thoroughly inspecting the property is essential, it’s equally important to evaluate the governing body responsible for managing the sectional title scheme: the body corporate.
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