Edition 4 of 2005, Friday, 04 February 2005

Dear Reader,

A week full of news and happenings, that is what we had. From the motor industry where motor manufacturers projected better sales for the rest of the year should interest rates remain low to Government plans to ban the production of substandard paraffin stoves - a R25m in annual revenue for the manufacturers.

But that's not all, illegal shebeens have until the end of February 2005 to apply for permits and what about the sexually explicit jokes about our President Thabo Mbeki that got circulated?
This just shows me one thing, South Africa is just like any other country - welcome to the real world!

"While the boom in property sales and prices in Cape Town suburbs continues unabated, the market in poorer areas is experiencing a boom of a different kind - people "buying" and "selling" houses illegally and without transfers being registered at the Deeds Office" - Boom in City illegal house sales by Myolisi Gophe.

In answer to the above article Myolisi Gophe also tells us how thousands of people around South Africa may be living in houses they believe they have bought but have not right to - Many in SA don't own homes they paid for


"A small fishing village hugs a hillside on the southern tip of Africa in the Overberg, humble thatched cottages dot the shoreline and rare shells lie in the surf" - www.places.co.za takes us to Waenhuiskrans, Western Cape, South Africa in Focus on.

When purchasing new carpets, have you ever considered the following:

• who will be using this room?
  
• how often will it be used?
  
• what kind of "mood" do you want to create?

In Have fun this week look at the basic points to consider when purchasing carpets.

Enjoy!

CyberProp greetings!
The editor

Can you afford to buy?

Buying a house can be a nerve-wracking process as for most people it's the biggest investment they'll ever make. However, as Saul Geffen of MortgageSA says, there's no need to panic if you ask yourself these six simple questions first...

Question

Should I buy property in a Company or Close Corporation?

Answer

To decide whether to register a property in a Company or Close Corporation will be determined by the purchaser’s needs, although there are similar characteristics to a Company and Close Corporation they do differ dramatically in certain aspects...

While the boom in property sales and prices in Cape Town suburbs continues unabated, the market in poorer areas is experiencing a boom of a different kind - people "buying" and "selling" houses illegally and without transfers being registered at the Deeds Office.

Many of the properties changing hands are government-subsidised houses which may not be sold by law and, in most cases, the "buyers" have no rights to them...

Thousands of people around South Africa may be living in houses they believe they have bought but, in fact, have no right to, regardless of having paid large sums of money for them, because they did not follow the correct procedure.

Bob Bertrand, conveyancing attorney with Bowman Gilfillan Attorneys, explained the process that must be followed by law in transactions involving immovable property...

A small fishing village hugs a hillside on the southern tip of Africa in the Overberg. Humble thatched cottages dot the shoreline and rare shells lie in the surf - a perfect place to relax and reflect

View Properties in Western Cape | View Properties in Bredasdorp

Western Cape, Arniston Price: R2 800 000 Bed: 6 Bath: 6 Immaculate shater roof and lime stone walls. 6 Bedrooms (all en-suite). Interior quite unique from the usual.

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