General Property News
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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Understanding home equity - what it is and why it matters
05 Nov 2024
For many home buyers, the main focus is on creating a home, often overlooking the investment potential beyond knowing that real estate generally appreciates over time. However, understanding and leveraging your property’s equity can be transformative, helping you manage finances, invest in home improvements, and build wealth.
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What first-time sellers need to know
04 Nov 2024
Selling your first home can be both exciting and overwhelming. For many first-time sellers, the experience is marked by complex processes, unfamiliar terms, and unexpected emotional challenges. If you're stepping into the market as a novice seller, understanding a few key truths can help you manage expectations, alleviate stress, and approach the sale with confidence.
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