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May 15 13

Occupation vs Possession of a Property

by Richard

STBB Thought of the Week…

Many homebuyers are unaware of the legal difference between the terms ‘occupation’ and ‘possession’ of a property as used in sale agreements.

Occupation is the date on which the purchaser physically moves into the property. If the purchaser takes occupation before transfer, he is usually required to pay occupational interest (similar to ‘rental’) to the seller.

Possession, on the other hand, is associated with the legal risk of loss or destruction of the property and the legal right to enjoy the benefits associated with the property (such as rental income generated from the lease of the property to a tenant). The norm is to agree that risk will pass on date of registration of transfer, and the purchaser will usually have insurance in place from this day onwards. Should the agreement stipulate that possession passes on any other date, it is important that a purchaser is reminded that it is necessary to insure the property from this date.

Contact Smith Tabata Buchanan Boyes at info@stbb.co.za for any queries in this regard.

Dec 6 12

Blouberg Large House for Sale

by Richard

R4,950,000

VIEWS, VIEW, VIEWS!!!blouberg 6 bed house

This property has 6 beds and 6 baths and it is located at the best address in Blouberg,  Remax sold a house last year for 10 million in the same road.
This house is worth the R5 million asking price, but the seller has told me this morning that R4,2mil will probably work right now, as they want to leave SA.

This asking price INCLUDES VAT of about R500 k, which you can claim back if the entity buying it is vat registered. so then you are paying 3.6 million for a house which is worth 5 mill.
The price includes a lot of furniture too , as they can’t take it with them

Call Richard to arrange viewing – 082 533 5949

May 23 12

10 Mistakes Buyers Make When Purchasing a Home – 2/10

by Richard

No 2 : Not Having a Home Inspection

Trying to save money today can end up costing you tomorrow.  A qualified home inspector will detect issues that many buyers can overlook.

For more information on home inspection, click here

Previous Weeks:
No 1 : Making an offer on a home without being prequalified

 

Yours in Property,

Richard

May 18 12

10 Mistakes Buyers Make When Purchasing a Home – 1/10

by Richard

No 1 : Making an offer on a home without being prequalified

Prequalification will make your life easier – so take the time to speak to a lender.  Their specific questions in regards to income debt, etcwill help you determine the price range you can afford.  It is an important step on the path to home ownership!

To be Prequalified, simply click here to fill out the form and we will get the ball rolling for you!

 

absa  

 

Yours in Property,

Richard

May 13 12

Happy Mothers Day!

by Richard

Mothers DayHappy Mother’s Day! For all the moms out there today, I wish you a very warm and thoughtful day full of the love and appreciation!

 

May 3 12

Parklands Investment Property

by Richard

Property investment opportunities in Parklands, Cape Town.

click image below to enlarge
Investment Property

If you would like more info or would like to view any of the above properties, please contact Richard 082 533 5949

Apr 16 12

Parklands Home Owners AGM – 8 May 2012

by Richard

Parklands Home Owners

 

Brought to you by:

 

Apr 4 12

Geyser Management System

by Richard

Electricity prices are going up again!

Reduce your carbon foot print and start saving electricity and money!

Research has proved that hot water cylinders (Geysers) contribute to between 40 and 60 percent of your electricity bill when in good sound condition.geyserwise

Reduce your electricity bill by 30% by installing a Geyserwise Management System

Supply & Installation – R1250 ( in the greater Blaauwberg area)

Call Raymond on 083 457 5646

Mar 16 12

Pricing Your Home To Sell

by Richard

It is easy to put a price on your home without doing the necessary market estimates, but if this price is too high and the prospective purchaser does not find the value compared to the prices of other houses in the area, the house will not sell!  Eventually this will result in a reduced sale price.house price

YOUR HOME SHOULD NEVER BECOME “STALE”

It is difficult to correctly price a home without first determining its value.  As a RE/MAX agent, we will recommend a marketing price which is established by doing a Comparative Market Analysis of similar homes sold recently in your area.  Remember, the purchaser in the market place will ultimately determine the value!  Only he/she knows what he/she is prepared to pay.

Every property has more than 1 price:

  1. What you as the seller thinks its worth
  2. What the agent values it at
  3. What the buyer is prepared to offer
  4. The final settlement price

The question is:  HOW SALEABLE DO YOU WANT TO MAKE YOUR HOME?  – The Choice is Yours!

For a FREE property valuation in the greater Blaauwberg area, Table View, Parklands or Sunningdale, please click here

 

Feb 21 12

Buying Property in Bloubergstrand

by Richard

Bloubergstrand is well known for its spec­tac­u­lar views of Table Mountain, its long white sandy beaches and vibrant out­door activ­it­ies such as surfing and Kite Boarding which has become a popular site for international riders. One is spoilt for choice with a wide selection of restaurants and bars along Beach Boulevard and Eden on The Bay located in Big Bay.Table Mountain from Bloubergstrand

You get a lot of ‘bang for your buck’ when purchasing property on this side of the peninsula, for around R5million you can get a 4 bedroom house with stunning ocean views and in walking distance to the famous Blue Peter Hotel, Eden on the Bay and the vibrant night life.

To contact us for the largest selection of property for sale in the area – click here