Your offer has been accepted in principle, filled out by you and is on its way to the bank. Before your bond can be granted one important step has to be concluded – the valuation of the property.
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Western Cape, playground for the rich, has seen much attention from international and local investors alike.
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If Phelindaba was mothballed, why would the government then be considering a “from scratch” nuclear power plant project in a remote location like Humansdorp?
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Here are some advantages and disadvantages of enlisting the services of an estate agent.
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For South Africa to attract international property investors, we need to align ourselves with international standards of measure.
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This affects property owners’ value in the long run as this burden impinges on their disposable income, and some residents and businesses could be forced to sell up and find alternative places to live and conduct their business.
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The House Price Index has reflected a growth of 10-15% y/y for July 2013 in Pretoria East, depending on the type of property.
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The gap between building and buying was 19.4% for the first quarter 2013. The gap is narrowing but this is a gradual as the growth in property currently.
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The coast is calling, that holiday property you were considering looks more attractive now.
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You have my empathy, this is an emotional journey, selling all your fond memories, the garden you designed from scratch, the children at their first day of school. All is not lost.
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