Rental properties are a source of income for landlords, which is taxable. Aside from income and expenses and tax, owning rental properties comes with legal considerations as well as day to day management requirements. Sound like a business? Well that’s because it essentially is. Chris Renecle, MD of Renprop, says…
While renting a property doesn’t require as much commitment financially and for as long term as buying a home does, tenants should remember that a lease is a legally binding document which means they should be sure they understand all the points they are agreeing to upon signature thereof. This…
The residential property market is a competitive one at the moment as the economic and political conditions have made buyers extra cautious in their purchasing endeavours. Although well-priced homes are selling within a reasonable time frame and the market is active, according to Debbie Justus-Ferns, divisional manager of Renprop Residential…
While estate agents are employed as experts to assist homeowners in the sale of their property, the sellers also play a very important part in the marketing aspect. This is according to Debbie Justus-Ferns, divisional manager of Renprop Residential Sales. She points out that while estate agents can help the…
Selling a residential property is always an emotional time for property owners. It is also a time of big expectations – how much money will they get for their home and how long will it take to sell? While pricing a property correctly is essential to attracting serious buyers, the…
While an estate agent typically represents a seller in any residential property transaction, they also act as a liaison between the buyer and seller and work closely with buyers to find them a suitable property and navigate the finance process among other services. Debbie Justus-Ferns, divisional manager of Renprop Residential…
While current technology means that consumers can access a wealth of information with one click of their mouse, when it comes to buying and selling residential property, the assistance of a professional real estate agent can be invaluable. This is according to Debbie Justus-Ferns, divisional manager of Renprop Residential Sales.…
Sectional title complexes offer numerous advantages to its residents, especially tenants, which is one of the reasons why the numerous sectional title schemes within the northern suburbs of Johannesburg have seen continued strong rental demand. “While factors such as location and amenities are always important when looking for a place…
The current residential property market presents a good opportunity for property buyers, but how do you know if you are ready to own a property? Debbie Justus-Ferns, divisional manager of Renprop Residential Sales, says that before committing to an offer to purchase, potential buyers need to make absolutely certain they…