The FNB House Price Index is at 6.4 % August 2013 for the greater Gauteng. 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. The current repo rate is at 5% and prime rate at 8.5%. This is a good time to invest in property in Pretoria East. One of the reasons for this is the development taking place in the East of Pretoria.
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There are both positive and negative aspects to selling your property privately and using an estate agent. Here are some guidelines which could help you decide on which route you would like choose in selling your property.
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Your lifestyle and pocket are indeed determining factors when you are wanting to invest in property. Here are 10 Tips to consider in finding the correct property to match YOU.
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When selling your property it is important to assess how you want to sell your property. There are various ways in doing this and selling your property online is just one of those methods or tools at your disposal.
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Buying property to rent is not an investment prospect that should be entered into blindly. There are many risks and pitfalls. Here are 10 facts to consider before you entertain this idea as an investment opportunity.
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When you are in the process of buying property it is advisable to know exactly what you need in the property.
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Banks in South Africa ensure that the interest rates on home loans are as competitive as possible – while there is a limit to how low they can ‘discount’ interest rate offerings. For home buyers ‘shopping’ around for the best available home loan product it does pay to remember this when considering where to apply for financing for your home.
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Eskom has recently applied to administer a tariff increase of 16% annually for the next five years, an increase that will overtake most South Africans’ wage increases. The increased electricity cost will also send the prices of food and other living expenses soaring – making it increasingly important for those buying orrenting property to reprioritize the features they require in a home.
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