Property SeekersCould Interest Rates Drop Below 10% Soon?

Could Interest Rates Drop Below 10% Soon?

Gino S — Fri, 23 Jul 2010 07:12:26 +0000

Interest Rates were keep unchanged yesterday, leaving the prime interest rate at 10%. The announcement has increased speculation that we may experience another rate cut later this year. The inflation rate, overall economic growth, and levels of household debt are some of the factors that were considered by the South African Reserve Bank, before making [...]

A high proportion of property investors target repo properties

Gino S — Mon, 05 Jul 2010 14:44:30 +0000

Did You Know: Billionaire property investors love snapping up cheap repo properties While you most likely are not planning to become a billionaire property investor, it is still interesting to note that those billionaires often look for cheap repossessed properties to invest in. Here are some more traits that most billionaire investors have in common [...]

Why Property Is The Cornerstone Of Wealth Creation

Gino S — Mon, 28 Jun 2010 09:40:45 +0000

Don’t we all share the dream / desire to be wealth, to live comfortably, or to be able to retire while still receiving an income that increases each year? Well, property is one investment that can offer you a clear path to these goals. Property investments provide you with a passive income. That’s money you’ll earn without having to work. Who doesn’t like the sound of that?

Are You Really Ready To Own A Property – Take The Test

Gino S — Thu, 24 Jun 2010 19:45:14 +0000

Most would agree the getting into the property market early is best, but this is not always true and owning a property can become a huge burden if you rush into the decision. In fact, figures show that the average age of new homeowners is growing. In recent years the average age of first time home buyers in the U.S has risen from 27 to 33, while in the UK the average age has risen from 27 to 34. The trend is similar in South Africa, where the average age of new home-buyers has risen from 28 to 35.

Featured Property For Sale In Cape Town

Gino S — Tue, 01 Jun 2010 10:46:17 +0000

3 Bedroom Home in Tygerdal (Goodwood, Cape Town) Asking Price: R1 130 000 negotiable Property Description: This delightful 3 bedroom home in Tygerdal (Goodwood, Cape Town) comes complete with a large garage with fitted plumbing for laundry, wooden blinds, floor and roof tiles. The property also features a fully fitted kitchen with granite tops, glass [...]

How To Appeal Your Municipal Property Valuation Report

Gino S — Wed, 14 Apr 2010 12:59:40 +0000

The municipal valuation process is already well under way in South Africa, and many property owners would already have received notifications regarding the valuation assessment of their properties. Cape Town homeowners are currently able to view their valuations online at www.capetown.gov.za/propertyvaluations. The key to ensuring that your property is not over or under valued, resulting [...]

Interest Rates Cut by 0.5% in Mar 2010

Gino S — Mon, 29 Mar 2010 09:27:24 +0000

The decision by the South African Reserve Bank Governor, Gill Marcus, to cut interest rates by 0.5% was a surprise welcomed by most property experts. The prime interest rate will move from 10.5% to 10%. The last time the prime interest rate was at 10% was in 1981, and some economists are predicting another small [...]

Sell your property fast, at a profit & avoid paying commission

Gino S — Mon, 15 Mar 2010 09:53:47 +0000

If you’re looking to sell you property in a hurry, at a profit and want to avoid having to pay any agent fees then you should consider putting your property on auction. That’s according to Jackie Cameron, founding editor at Realestateweb, who’s recent frustration with dealing with lazy estate agents was eclipsed by the pleasure [...]

3 Ways to increase your property investment return

Gino S — Mon, 22 Feb 2010 10:47:21 +0000

Turning your property investment into a huge success does not require much risk taking, or even much capital. By following the basic principles of property investments you can easily avoid the common mistakes, and quickly build up your portfolio. Here are 3 ways to increase your property investment return 1# Renovate a rundown property 2# [...]

3 Property investment strategies that work

Gino S — Mon, 08 Feb 2010 07:09:22 +0000

The RealEstateWeb ran a very interesting article recently about the three types of property investors; namely the Speculator, the Refinance Man, and the Traditional investor. Take a closer look at the advantages of these investment styles...