This varies depending on the price of the property you want to purchase, and while a deposit is not always required, try to put down 20% or more if you can, as the bank is more likely to offer you a better rate as the risk of the loan is reduced
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Avoiding Common Pitfalls: Why Sales Fall Through After Signing an Offer to Purchase
24 Apr 2024
When sellers sign an Offer to Purchase (OTP), they often believe that the sale is secure. However, the reality is that numerous factors can cause a sale to fall through even after the OTP has been signed. Understanding these pitfalls can help sellers navigate the process more effectively and ensure a successful transaction.
There is an increased interest in SA’s luxury residential property market
22 Apr 2024
Amid global uncertainty, South Africa’s luxury, high-end residential property market is experiencing elevated interest among both international and local high net worth buyers - most notably in sought-after locations around the country, says Dr Andrew Golding, chief executive of the Pam Golding Property group.
Savvy home buyers can capitalise on the current interest rate cycle
18 Apr 2024
Buying the right kind of residential property in the right location and at the right time in an interest rate cycle, are key ingredients for extremely sound investment potential.
From the steadfast performance of Bryanston to the emerging appeal of Sibaya Coastal Precinct, the current top five suburbs in South Africa highlight the diverse property landscape and its buyers.
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