Purchasing a property is a significant financial investment and there are a number of processes to complete before the sale can go through; from getting pre-approval for a home loan to submitting an offer to the seller, to finally signing the sales agreement.
What can a buyer do when they’ve purchased their dream home, only to find their neighbour is planning to add a storey that will destroy their view or ruin their privacy?
“We welcome today’s decision by the Reserve Bank’s Monetary Policy Committee to maintain the repo rate at 7% as it provides some relief to consumers dealing with rising food inflation and taxes”, says Bruce Swain, CEO of Leapfrog Property Group.
A home is the biggest financial asset most South Africans will ever possess, but what happens to that home when the owner passes away?
The residential property market has had its ups and downs during 2016 as the economy stagnates, the Reserve Bank started hiking interest rates again and consumers struggle with household debt-to-income.
The ratings agencies have been circling for months with many fearing a downgrading to junk status, and South Africa’s economic growth rate has been narrowed from 0.8% in February to 0.5%.
House hunting can be a daunting task; buying a house is a significant investment and the last thing any new owner wants is to suffer from buyer’s remorse. So what should people look out for when viewing a property?

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