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Understanding power of attorney in property transactions
Legal
Understanding power of attorney in property transactions
14 Nov 2024
magine you're trying to sell a property in South Africa but are located overseas. Handling the transaction from afar is challenging, but with a power of attorney (POA), you can appoint a trusted representative to manage the process for you. In this article, we’ll cover what a POA is, how it works in property transactions, and what precautions you should take to protect yourself
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Buying a sectional title property? Here’s why assessing the body corporate is essential
Market & Opinion
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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What first-time sellers need to know
Market & Opinion
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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Should you buy a new home before selling your existing one?
Market & Opinion
Should you buy a new home before selling your existing one?
21 Oct 2024
When homeowners decide to sell their property, one important question arises: should you buy a new home before selling your current one, or sell first and then buy? This decision depends on various factors, such as whether you’re moving locally or to another province or country, whether you have children in school, and the need for a deposit.
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