Edition 9 of 2004, Friday 12 March 2004
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|>> Real Estate in South Africa|
Arrears ruling to be tested
Thirty landlords, under the umbrella of the Transfer Rights Action Campaign, will take on the City of Johannesburg and the Ekurhuleni Metro Municipality in the Constitutional Court, which is set to hear arguments today and tomorrow.
The campaign objects to landlords carrying the burden of their delinquent tenant s' unpaid municipal water and electricity accounts.
Should they succeed, owners forced to pay tenants' arrears may claim back millions from local government. Success will simplify property transfers, a headache for some owners trying to sell their properties.
In September last year, Port Elizabeth High Court judges Frank Kroon and Eric Leach ruled in two cases heard together that section 118 of the Local Government Municipal Systems Act was constitutionally invalid.
Mar 10 2004 07:52:30:000AM Nick Wilson Business Day 1st Edition_
|>> View from the Bridge|
Insights from Bridgeway Limited
The current environment has seen the lowering of interest rates combined with significant increases in the value of residential property in most areas. This has lead to a strong trend in the home-loan market where home-owners are:
Kevin Cimring of Bridgeway says that in certain circumstances this may
present an effective financial planning opportunity...
|>> Selling your home - how to get an edge|
Selling a home is always nerve-wracking, even when demand exceeds supply and buyers seem desperate to snap up just about any home that comes on to the market.
Many times, all the sellers hopes for the future are riding on the proceeds of their sale, so it is natural to be beset by doubts. Will the market support the asking price? Will the property be noticed among the hundreds advertised for sale every weekend? Will potential buyers appreciate just how well the property has been maintained?
|>> Property of the week|
|>> Hollard Thrives in Short-Term Market|
UNLISTED Hollard's short-term insurance arm, SA's third-largest short-term insurer, expects to increase its gross premium income by between 14% and 15% to about R3,4bn for the year to June.
Hollard CE Paolo Cavallieri said the short-term insurance division, which includes a range of partnerships such as LegalWise and Petsure, had earned R1,7bn in gross premiums over the six months to December. It expects a 20% rise in profit after tax to R130m-R140m for the full year.
|>> Focus on Sutherland|
Here, in the heart of the Roggeveld mountains, any visitor can kick off
his shoes and forget about the stresses of city-life. The crisp, clear
skies has made Sutherland the choice for Southern Africa's biggest Observatory.
Whether you are an amateur astronomer or just want to relax beneath the
milky-way and enjoy the peace and quiet of the Karoo, Sutherland is the
place for you!
|>> Have fun!!|
Throw a Housewarming Party
Show off your new home with pride by hosting a welcoming housewarming
party for friends and relatives. It will not only be a memorable event,
but you'll have a deadline for decorating and organizing projects.
Moving into a new home ranks among the more exciting events in life. It's definitely time to break out the bubbly and celebrate. It can also be stressful if you're moving away from friends and family. In either case, holding a housewarming party is a good way to welcome new and old friends to your home.
|>> New edition to the family..|
For all our readers who would be looking to apply for a bond you can now contact Aliza Swanepoel, 082 718 1192 or at firstname.lastname@example.org
A warm welcome to you Aliza!
CyberBonds now offer this service, which can save you a lot of time and effort when looking for the best deal. Consumers can get loan approval in a couple of hours for no increased costs or obligation. In addition consultants will shop around for the best rates and packages that suit your particular needs.
For more information about CyberBonds click
here to enter your details and one of our consultants will contact
|>> Be in the frontline|
If you would like to know more about the above features and benefits
that we offer, visit the following link: www.cyberagent.co.za
or contact Collin at 0832674935
|>> We have a winner!!!!!|
YOU, yes YOU can be a winner!
Refer your friends, family and colleagues to www.CyberProp.com and stand a chance to win this exciting prize!
The next competition has already started and the Winner will be announced at the end of every month.
Congratulations to Tony Bosch from Kwazulu-Natal who is the winner
for February 2004!!
The prize is the fantastic Visor Neo worth more than
South Africa's best property web site updated daily by Professional Real Estate Agencies