Property Seekers

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# Buy a repo [...]

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...

Which properties attract the best tenants?

Gino S — Thu, 04 Feb 2010 15:43:53 +0000

If you are considering buying a property for investment purposes, with the intention to rent it out, one of your first consideration would be to find a property that will attract lots of potential tenants, with good payment behaviours. The Rental Payment Monitor, a report by the TPN Credit Bureau suggests that the best tenants are found in the Eastern or Western Cape, for properties with monthly rentals between R3 000 and R7 000.

How to turn a Nedbank Repo into a great investment

Gino S — Wed, 28 Oct 2009 13:33:47 +0000

By far, the greatest attraction of repossessed properties is the potential of securing a valuable home at a relatively cheap price. Other advantages include not having to pay any transfer duties and the ability to secure a full 100% bond.

Why 2010 will be a good year for property

Gino S — Thu, 22 Oct 2009 09:31:55 +0000

Residential Property News and Trends: Speaking to the realestateweb, Luthando Vutula of ABSA Home Loans said he is expecting the residential property market to make a quick recovery going into 2010. Vutula’s outlook is motivated by the fact applications for home loans at ABSA increased by 20% in September.”This month will be an even better month,” [...]

ABSA trains 200 new black estate agents

Gino S — Tue, 20 Oct 2009 07:58:44 +0000

Property News: 200 new black estate agents, trained by ABSA, graduated on Monday 19, October. The timely introduction of these agents forms part of an initiative to tackle the service demand currently prevalent in townships and previously disadvantaged areas. The initiative is being spearheaded by ABSA in collaboration with the National Housing Finance Corporation, the [...]

Estate Agents earn less than R13k/pm

Gino S — Thu, 01 Oct 2009 13:03:05 +0000

A survey completed by the Institute of Estate Agents of South Africa (IEASA) has revealed a number of interesting facts about estate agents and the local property market, which has under gone a few changes recently. Over the past five years the number on registered black estate agents in South Africa has more than doubled. [...]

House prices and Mortgage approvals on the rise

Gino S — Thu, 03 Sep 2009 06:45:18 +0000

Property News and Trends: Property prices have reached the turning point Local News channels have been consistent in their reports on the current condition of the South African property market recently. And, while their figures may differ, the banks’ various house price indexes are showing that we have reached a turning point. Of all the house [...]

Featured Repossessed Property Available in the Western Cape

Gino S — Tue, 01 Sep 2009 13:45:14 +0000

Location: Bergvliet, Cape Town Asking Price: R2.1mil - R1.68mil Comprehensive family home with large lounge with porcelain tiles. Separate dinning room with fireplace. Pool plus lots of secure off street parking offers from R2 100 000 to R1 680 000 negotiated until sold.

Mixed signals surround the local property market

Gino S — Thu, 09 Jul 2009 12:23:54 +0000

The past few weeks has produced some very interesting news regarding the South African property market. Here’s a short round up of what been happening. Interest Rates: Let’s start with the most recent interest rate announcement. The South African Reserve Bank (SARB) surprised everyone when it announced that rates will remain unchanged. Clearly the SARB is [...]