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ADVICE - BUYING

ENSURE YOUR HOME MEETS YOUR FUTURE NEEDS

Making the decision to purchase a property is very exciting, but it is important to understand that it is a major financial commitment that should not be made without the proper consideration. Given the long-term nature of a property investment, ther... Read more

WHAT GOES AND WHAT STAYS?

It is not out of the ordinary for a homeowner to install an item that they intend taking with them if they sell the property. Even if the item would traditionally be regarded as a fixture, the seller is within their right to take the item, as long as... Read more

HOMEOWNER TAX DEDUCTIONS

When it comes to tax deductions, you as a taxpayer are entitled to your claim; however, the onus falls on you to prove that a particular amount is deductible, as well as justify the claim by showing the calculation of how you arrived at the deduction... Read more

HOW SERVITUDE IMPACTS PROPERTY VALUES

What is a servitude and how can it impact the value of a property? According to property legislation, a servitude is a registered right that someone has over the immovable property owned by another person. The servitude affords the holder the right t... Read more

THE INS AND OUTS OF A USUFRUCT

The definition of a usufruct is a legal right given by an owner to someone who is not the owner, to use the owner’s property for a certain period, usually for the remainder of that person’s life.  The person who holds the usufruct, a... Read more

IS BUYING REPOSSESSED PROPERTY WORTH IT?

While many may think that a sale of execution and a repossessed property are one in the same, they do differ. If a homeowner can no longer pay their bond and are in substantial arrears, the bank will take legal action by serving the owner with a s... Read more

IS IT WORTHWHILE BUYING A FIXER-UPPER?

Purchasing a fixer-upper can be an extremely beneficial financial endeavour provided you take the time to do your research and follow the right procedures to ensure you are making a sound investment decision. Irrespective of the kind of property y... Read more

LOCATION, LOCATION, LOCATION

Regardless of whether a property professional works with commercial or residential property, all will agree on one aspect, and that is that location is one of the most important aspects to consider when purchasing a property. Property experts emphasi... Read more

LOOK OUT FOR RESTRICTIONS ON YOUR PROPERTY

Owning a property does not mean that the owner is entitled to do whatever they want to the property.  Every property in South Africa that is privately owned is subject to certain control measures, which may restrict the owner from making the cha... Read more