Owner: Property South Africa URL:http://sa-property.blogspot.com Join Date: Mon, 03 Sep 2007 01:54:55 -0500 Rating:0 Site Description: Real Estate in South Africa and news for all investors wanting to get into the South African property market. Site statistics:Click here
2007 season coming to a close! 2007-11-19 21:30:00 It's time for me to do a bit of an early round up for the year. It's been a year of excitement and passion and LOADS of fun. It's been a year that's taken Wizard Home Loans into new and exciting grounds and I'm glad that I was a part of this. Wizard Midrand's website is officially in the top 10 home loans sites on the South African web right now and along with our very own South African Property BLOG we're now a major force to be reckoned with. With the help of the Wizard Staff this BLOG has swiftly become one of the leading property and finance portals on the South African BLOGOSPHERE.There are a couple of sites and people I'd like to mention here. Amatomu, thank you! You guys have really helped generate alot of traffic and alot of responses to my posts. In fact at one stage the 5 hits a day I was getting from Amatomu was the most traffic I was getting from any site other than Blogspot ;-)... Viva South African blogs.I did thank a couple of people earlier on in the year by sen
U.S Property Bubble Burst - Mortgage Lenders Take Strain 2007-11-27 05:03:17 For the sake of those who don’t understand the American property market "bubble burst", I thought of summarizing it as I understand it;
A few years ago the interest rate in America was 1% per annum, therefore, money was cheap and people could easily pay two bonds. But, instead of buying two properties, they took out second bonds equal to more than the 150% of the value of the property, making
Read more:Bubble
, Burst
, Mortgage
, Lenders
, Strain
THE TURNING OF THE SCREW - A TITO PRODUCTION 2007-12-07 02:51:25 So in this movie old Tito Mboweni played by Basil Fawlty announces - a 0.5% increase in the repo rate pushing up benchmark prime and mortgage rates to 14.5% - and the whole cast and audience whoops with delight!!!! YES, YES, YES. So Basil took the spirit out of Christmas shopping for many borrowers ...laughed the News24 audience. Polly the analyst asked our knucklehead Manuel if the majority of
The process of buying and selling your home 2008-03-12 02:41:05 For those who are in the property market one way or another!Your House As Seen By:
Yourself...
Your Buyer...
Your Bank...
Your Assesor...
South African Revenue Services...
Read more:selling
Rising Debt slows new vehicle sales - WAKE UP SA 2008-03-06 00:51:32 You know what really gets on my TITS and pardon the French people but it does, are these articles you read in the papers these days. NEGATIVE NEGATIVE NEGATIVE CRAP! Whatever happened to the South African newspapers leading by example...
If I must read one more newspapers article about how South Africans are in so much debt and car sales are dropping and house prices are increasing and interest
Read more:Rising
MY INVESTMENT PORTFOLIO - 2008 and ahead 2008-03-04 10:27:01 So - NOW ARE YOU READY TO PLAY THE INVESTMENT GAME
Whats Hot
Whats Hot
Whats Hot
Whats Hot
WHATS HOT
Properties in Possession - PIP - It sounds callous, but you can pick up great deals now...
Overseas investments - Buy a fractional share on an island- sounds crazy but for R 200K get a month in Mautitius!!!!!!!
Be a Bull or a Bear!!! Stocks has to be part of your portfolio
Buy to Rent
Read more:ahead
Ooba - MortgageSA rebrands!! 2008-03-04 03:05:01 Ooba Ooba Ooba - No, it's not a South American chant it's the new re branding of the old MortgageSA group...
Has it finally hit South Africa, does the short catchy Google type name branding that's hit America by storm finally caught onto the South African market?
Well, we'll see, but I say, FLY AWAY MORTGAGE SA, welcome OOBA!
What I do like about the new site (apart from the fact that the image
Mortgage Southern African Convention - 12 & 13 March 2008 2008-03-03 04:54:33 To my readers, I apologise for this article and the atrocious content for I, MOVED HOUSE THIS WEEKEND. Now let me tell you something, anyone who says it's fun, try it again, maybe you were one of the lucky few!
My head is thumping, my legs are aching and my eyes are burning from the dust that's still settling in the house! My bed is currently on the floor in my lounge and I have no furniture.
Read more:Mortgage
, Southern
, African
, Convention
, March
Budget Speech: Trevor Manuel: 2008 - 2009 2008-02-26 06:01:26 Howdy Folks: This is just a quick post to show everyone the updated and latest budget speech. Most people finding our website are hitting last years 2007/2008 budget speech and hence thinking that there's no change occurring in South Africa ;-)
So before any protests start here's a copy of the latest 2008/2009 budget speech by TrevorManuel
. It is really big, and if you'd like to download a
Read more:Speech
Buying a home as a foreign national in South Africa 2008-02-18 09:27:48 It's a question that I get asked over and over again and for some reason have failed to post anything on it. It's also a topic that is not easy to find anything on?
I'm also pretty tired of estate agents informing clients incorrectly (I won't mention any names but you know who you are) and then leaving it up to us poor bond originators to sort out your dirty work!
SO HERE IT IS!
Scenario 1:
Read more:Buying
, South
, Africa
, South Africa
2008 - LETS GET IT ON!!! Dont be chicken!!!!!! 2008-02-06 02:46:14 Boy has 2008 kicked into gear.
At the end of last year things were looking really good!
Now - Panic, Panic, Panic - what a lot of crock.
What has scared everyone and stuck that negative nonsense into their souls!!!
Having to buy candles and parrafin lamps (Like ouma grootjie did!)
Having to check out Canada, Aussie or anywhere safe. Maybe IRAQ
High interest rates, markets crashing like
Job Prospects Good for Property Market 2008-02-06 00:59:07 A positive employment outlook is always a nice booster for both the South African property market and job prospects in S.A. Although an increase in employment does not necessarily mean a rise in property prices, it generally means an increase in the number of sales.
According to the Manpower employment outlook survey South African is amongst the country with the strongest first quarter hiring
Read more:Market
, Property Market
The A-Z on property jargon! 2008-02-05 00:48:22 The South African Property Dictionary...Have you ever stared at a piece of paper, which you know contains vital information, in complete disillusionment?
Have you have looked wide-eyed at a word that you have no idea what it means, and had that sinking feeling in your stomach that you are in for a joy ride that is going to be extremely confusing?
Well, I know how you feel, so here is some of
Read more:property
GOOD GRIEF DID THAT ACTUALLY HAPPEN!!!!!! 2008-02-01 05:44:47 Excellent News - Interest Rates stay the same at 14.5% - well done Uncle Tito - I think you just saved the bacon of Thabo and the current ATeam with their current series of woes. Quote "the Monetary Policy Committee has decided that it is appropriate at this time to leave the repo rate unchanged at 11 per cent per annum" Unquote Ok so now is the time to take charge folks. Lets start clearing
No Worries Mate - Home Loans Markets in S.A. 2008-01-29 04:15:19 Ahhh... Yes, we know you've been waiting....
Another power cut, another South African soccer team loss, another rain storm, another traffic jam, what NEXT?????
Another South African home loan rate increase? Can South Africa afford to pay 15% on a home loan account???? The answer is NO!
I do believe that the government in S.A(that's you Mr Mbeki in case you've forgotten or too scared to admit
Read more:Loans
, Markets
What you need to know to buy your first home 2008-01-25 06:23:20 We all face this issue at one time or another in our lives, whether it is when you decide to move out of your parents house or when you decide to take that giant leap into marriage. It can also be one of the most unnerving experiences, especially when you don’t have a clue. So, I have decided to embark on a journey of discovery into the property market.
I found some very interesting suggestions
PROPERTY PRICE GROWTH - IN YOUR DREAMS BUDDDY!!!! 2008-01-21 05:02:36 So did you hear .... Residential property price growth as measured by the Standard Bank median house price index was recorded at 0.0% year on year in December 2007. This must really make those sellers who want to make millions in selling houses very itchy indeed.
Lower volumes than past year-end experiences and an increase in the proportion of lower-priced homes in the book must have pulled the
Pretoria Real Estate - Property in Pretoria Sucks! 2008-01-18 02:32:42 Apartment living. It's all over! It's been around for years and that's where real estate and property world is going and has been for the last 300 years! Over the last 2 years I've travelled from New York to Toronto, from Hamburg to London and from the South of France to Rome and condos and apartments are the way of living.
Pretoria on the other hand, the capital of South Africa and the most
Read more:Estate
The Bond Originator from Hell - Part 1 2008-01-14 10:32:57 7.59AM - the phone rings and the THE VOICE screams....Are you a moron!!!! I said I wanted -2% below prime, are you ...$#5#7&&* deaf. If I had dialed 911 in new York I would have got better service from you, you, you,.... useless bond originator from hell!!!!
.....and here I was just finished a delish best in the west cappuccino from TriBeca at Brooklyn Square aligning myself with this new
The Transfer Process (You the Buyer) 2008-01-08 09:04:28 Welcome to 2008. I'm pleased to announce that I've managed to get off my lazy butt and now I'm ready to entertain. I wasn't too sure what kind of article to start 2008 off on and I thought I'd start it with the question we were asked most this December.
What is the process behind a transfer of deed sale. I.E. When I buy your property, what's the process behind the scenes that changes the
Read more:Process
, Buyer
South African Property Market 2008 2007-12-30 12:04:06 So with tonight being the last night of 2008 it's time for the SA Property Market
2008 prediction :)... Sounds like fun, lets see how accurate we are. For those of you sitting at home waiting for some new BLOG posts, lets hope this keeps you somewhat, entertained.
Roundup of 2007
There's been some major changes and impacts in the SouthAfrican
Property market over the last 12 months. We've seen
Read more:Property Market
Gloomy Times Ahead - Or Light at the end of the Property Tunnel 2008-03-18 06:51:35 I'm not one for copying content and placing it on my site, but after reading this article from FNB's home loan and property expert John Loos I think it should be shared with everyone. Is the South African property market taking a turn for the worse? Read on and see what the pro's have to say...
Copied from FNB's property market newsletter.
Although in these relatively gloomy times it is
Read more:Times
Formula 1 & Real Estate in South Africa 2008-03-25 04:26:23 With Raikkonens 16th win of his career and after watching Ferrari kick some serious rear in Malaysia this weekend I was hit by a sudden brain wave... The more people that support formula 1 and Ferrari specifically, the lower our cost of housing will become in the SouthAfrica
n Property market...
This is how it works!
If more people start watching Formula
1 racing it's inevitable that more
Read more:Estate
, Real Estate
, South Africa
Absa Home Loans: International Mortgages 2008-03-27 03:04:26 Finally... Ladies and gentlemen. ABSA home loans have come to the party.
There is hope for people who struggle to invest in the South African Property Market.
Together, Barclays and Absa have designed a proposition making it possible for South African’s wishing to buy property abroad as well as non-South African residents looking to invest in South Africa. Whether non-residents purchase
Read more:Loans
, International
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