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Category Archives: Price

5 Tips for getting your Home ready to sell post Lockdo...

You wanted to sell your property, but then the apoclypse happened and the coronaviris meant you were locked-down and unable to sell your home… There are positives and negatives about this… so it’s up to you to think of the glass as half empty or half full. A positive is that although when lockdown “ends”, it won’t be business as usual, as they’ll end …

Give and Take in the midst of Covid 19

It has been a rolercoaster ride for the world in the last couple of months with the jolt of the epic Corona virus pandemic which emanated from China in 2019. For a change, South Africans are not talking about emmigrating!  Glass half full we say, because we live in such a beautiful country! With these extenuating circumstances we find ourselves in, Government, financial institutions …

4 Reasons why having a Deposit is Beneficial when buyi...

Costs:  When you buy a home (with a bond and not for cash), both transfer and bond costs are calculated on the purchase price and bond amount (according to a tariff).  While transfer costs won’t change, because the purchase price is fixed, the bond costs will differ depending on whether you have a deposit or not.  More specifically, if you have a deposit, your …

7 Ways in which the New VAT Increase will affect your ...

Sellers: Commission:  The amount of commission you will be liable for will increase, in the event that your estate agency is VAT registered (most are).  As an example, on the sale of a R1 500 000.00 property, and the average commission of other estate agencies, you will have to pay approximately R103 500.00 at the new VAT rate, instead of R102 600.00 at the …

Buying to Build? 6 Things to consider before buying V...

Buying to Build? 6 Things to consider before buying Vacant Land Seeing as we are one of only two agencies that are mandated to sell the newly launched Phase 7 in Cove Rock Country Estate, and having experience in the selling of vacant land in general, we thought we’d touch on a few points about the ins and outs of buying vacant land. Purchasing …

What upgrades would you do with R246m?

Imagine spending R246 million on home renovations… what could you do with that amount of money? The initial project, which involved security upgrades to the Nkandla property, was only supposed to cost R27 million.  That is still a lot of money when you consider what you could do with a budget like that, or how many homes could be built to house families in need. …

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For more information on COVID-19 in South Africa please visit the South African COVID-19 Portal