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Property News - 09 June 2016

FROM THE EDITOR

What your home means to you, and what you imagine it to be, is not necessarily compliant with what is currently happening in the real estate market within your area. Using the South African Property Transfer Guide (SAPTG) you could do a bit of research yourself, looking at what properties sell for in your area and also viewing market statistics. Read more in Overpriced real estate leads to failure

According to Berry Everitt, CEO of the Chas Everitt International property group, that as a results of rising interest rates and the difficulty of obtaining a new home loan, many owners decide that they would rather make alterations or additions to their existing home than sell and try to buy a new one. In Don’t be too hasty to alter your home, he cautions us to not to make extensive changes without first checking to see that you will not be over-capitalising your property.

When tying the knot, the contractual side may not be particularly romantic, but it can have far-reaching effects on your future, and should definitely be a part of your discussions before you say “I do” according to Tony Clarke, Managing Director of the Rawson Property Group. He says that there is no, one, right way to handle property ownership when you marry. Read more in I’m getting married – what are my property rights after I tie the knot?

Enjoy!
The editor

Property of the Week

4 Bedroom house for Sale in Northcliff
4 Bedroom House for Sale in Northcliff

SAPTG Reports

In the News this week


Overpriced real estate leads to failure

Overpriced real estate leads to failure
The process of selling a house can be an emotional roller coaster, one that many people are not prepared for...
Overpriced real estate leads to failure

Donít be too hasty to alter your home

Donít be too hasty to alter your home
As interest rates rise and it becomes more difficult to qualify for new home loans, it is natural for an increasing number of owners to decide that they would rather make alterations or additions to their existing home than sell and try to buy a new one...
Donít be too hasty to alter your home

How to plan a cost-effective cottage

How to plan a cost-effective cottage
With many millennials deciding not to leave home after completing their studies, larger family properties with a “granny-flat” or garden cottage have regained much of their popularity in recent times...
How to plan a cost-effective cottage

Developments - proven to be a lucrative investment: What do you need to know?

Developments - proven to be a lucrative investment: What do you need to know?
Real estate development, or property developments, have manifested into popular business opportunities, with renovation and re-lease of existing buildings to the purchase of raw land to be developed...
Developments - proven to be a lucrative investment: What do you need to know?

High-end security tips for high-end tenants

High-end security tips for high-end tenants
All over the world, glamorous high-rise living in urban centres is in vogue again among high-end renters, mostly for reasons of convenience but also for greater security...
High-end security tips for high-end tenants

Iím getting married Ė what are my property rights after I tie the knot?

Iím getting married Ė what are my property rights after I tie the knot?
Marriage is an undeniably life-changing event, and not just in the emotional sense – it alters the way we manage things like finances and property ownership too...
Iím getting married Ė what are my property rights after I tie the knot?

Enclosure of patios in sectional title schemes

Enclosure of patios in sectional title schemes
There is often discussion and debate on the issue of the enclosure of patios or balconies in sectional title schemes and whether they become part of the section of the owner (in which case his participation quota will be higher) or whether it remains part of the common property but for his exclusive use, says Michael Bauer, general manager of the property management company, IHFM...
Enclosure of patios in sectional title schemes
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Focus on Northcliff, Johannesburg
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Tyger Hills Offers Families Good Value for Property

Tyger Hills Offers Families Good Value for Property
Situated between the Tyger Waterfront and Plattekloof, the area affectionately referred to as Tyger Hills is the ideal location for young families with access to work, excellent healthcare and good schools...
Tyger Hills Offers Families Good Value for Property

Rondebosch's architectural heritage attracts top end investors

Rondebosch's architectural heritage attracts top end investors
The leafy Cape Town suburb of Rondebosch is not only sought-after for its convenient location and proximity to numerous amenities; it is also renowned for its beautiful examples of Victorian, Edwardian and mock Tudor homes which now fetch record prices when sympathetically restored...
Rondebosch's architectural heritage attracts top end investors
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"This is not advice. Clients should not act solely on the basis of the material contained in this newsletter. Items herein are general comments only and do not convey advice per se. Also changes in legislation may occur quickly. We therefore recommend that formal advice be sought before acting in any of these areas."

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