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4 Upgrades Homeowners Want Right Now

Designers and remodelers say clients have been wanting to improve these areas of their homes in recent months It’s been nearly a year since many people started working from home due to the pandemic. This period has given homeowners ample opportunity to see their houses in a whole new light and to reevaluate what works and what needs to improve. We talked to established professionals about their...

Semigration

What’s behind the semigration trend in South Africa?

South Africans are increasingly looking to greener pastures within our country’s borders in search of a better quality of life away from the stresses of big cities, notes Andrea Tucker, director at MortgageMe. Semigration, or moving from one part of the country to another, is firmly in the spotlight as Covid-19 makes working remotely de rigueur. Data from FNB shows a continued trend towards...

Semigration

SEMIGRATION : What exactly is it all about ?

What is semigration and what’s driving it? Semigration or semi-emigration is the act of moving to another location within your home country. While this definition may prompt one to ask: “Isn’t that just known as moving?”, semigration is distinguished by the motivating factors behind the relocation. Just like those who emigrate, they hope that a change of location will be the key to a better...

The art of negotiation when buying your first house

The Art of Negotiation When Buying Your First House .   Most of us are uncomfortable about negotiating a deal, especially on a property. Mastering a few tricks will give you the power to go out and get yourself the best deal. Ask any salesperson and they will tell you there's an art to negotiating the best deal possible in any transaction. Buyers don't generally offer the full purchase price...

What Does Purchasing a House With an Encroachment Mean?

Many purchasers of residential real estate do not engage a surveyor to survey the property before purchasing it. This can be a mistake in compact older residential areas where side yards are small or with any property that is bounded by a neighbor's fence. Surveys can identify encroachments on the property that are a threat to your ownership and use of it. Encroachment Defined An encroachment exists...

Guide to Contracts and Force Majeure During a Pandemic

Understand the force majeure clause and how it applies to contracts you can’t fulfill due to the COVID-19 crisis If the coronavirus pandemic has affected your ability to complete your work, you may be wondering about your legal obligations to your clients. In this article, we’ll cover force majeure — a common contract provision that can potentially excuse parties from performing the obligations of...

How to Focus Your Family Room on Family

How to Focus Your Family Room on Family Reclaim your room from screens and headphones with these ideas for fostering family togetherness Family rooms are supposed to promote family togetherness, but most of the time, a television dominates the space, and family members often lie unspeaking, splayed across furniture — or find themselves in another room working on a task alone. It doesn't have to be this...

Tips For Moving House

There are many reasons why we move house. Most often it’s because of our work, changing jobs, upgrading to a better location, finding the right schools for our children, marriage and divorce, inheritance, and so on. They say moving your home is one of the most stressful events in life – and there are always so many things to consider. However, depending on your reasons for moving, there are various...

Interest Rate Cut – What does it mean?

WHAT THE INTEREST RATE CUT MEANS FOR THE SA PROPERTY MARKET The MPC announced on Thursday a lowering of the repo rate by 25 basis points. The repo rate drops to 6.25% and the prime lending rate changes to 9.75%. The repo rate is the benchmark interest rate at which the Reserve Bank lends money to other banks. Before Thursday, the last time the bank changed the rate was in July 2019, when it was cut...

5 great reasons for buying a house in an estate

Marcel Hoogebeen, Leon Buter "The Property Specialists" We help with all aspects of developing property and purchasing property.   There are many South Africans buying houses or making property investments in security estates and complexes. Here are some great reasons why they are investing in these lifestyle villages: Security Estates provide a lot of safety and security for...

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