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8 Tips on How to Recognise a Property Investment Scam

We all know that money doesn’t grow on trees; and the last thing we need is to be conned out of our hard earned cash. With the growing number of scams out there, you need to be wary and vigilant to avoid becoming a victim. Strangely enough, those who are often most at risk of such scams are people who are financially savvy, as this target group is more likely to be open to the idea of investing in the first place. Property investment can be a great way to gain long-term financial success. However, not every opportunity is profitable, or even legitimate. Unfortunately there are a number of people who make a living from clever property investment scams that serve to con the public out of their cash. The first step in avoiding becoming a victim of a scam is learning how to recognise one...   Tip #1: Common… Read More

5 Unusual Property Investments

Investing in property involves the purchasing, ownership, and management, rental or resale of real estate with the goal of making a profit on the initial investment. Compared to other asset investments, real estate has limited liquidity and is also capital intensive. If these factors are well managed understood by the potential investor, real estate investment can be a highly profitable and exciting way to grow assets and capital. When it comes to property investment, most people consider buying “safe” properties such as vacation homes, property in high-traffic business areas, houses in popular suburbs, apartments in the city core, and other similar investment options. However, these are not the only property types that will help you increase your assets over time. If you are considering investing in property, how about buying something more unusual? In many cases, these “unusual” options are no less risky than any other run-of-the-mill option. Listed below… Read More

Houses in Strange Locations

If you are looking to buy or rent a property, you may well be flummoxed by some of the houses in strange locations that are on offer. Some of these properties may seem ideal except for the fact of their weird whereabouts and it is a good idea to keep the following tips and advice in mind when you are considering buying or renting one of these properties.   What is a ‘strange’ location? There are many different areas or types of location that could be referred to as ‘strange’. It is important to remember that the concept of strangeness is a subjective one, meaning that what one person considers odd and unliveable would be a dream come true for another individual. If you think a property is in an odd location, get a second or even a third opinion from friends, family and other professionals involved in the real… Read More

Checklist for Buying Timeshare

Owning the right timeshare can be a great asset. It means that you will have a guaranteed holiday destination every year (or more often than a year). You will not have to worry about making specific plans for your yearly holiday or missing out on affordable accommodation or on the best destination. In some cases, you can leave some of your belongings at your timeshare so that you do not have to worry about moving them back and forth with you every time you go on holiday.   HOWEVER, KEEP THIS IN MIND: Many people end up regretting the time share that they have bought and are now trying desperately to get out of it. It is incredibly important that you purchase a timeshare that is right for you and that you can afford.   Checklist for buying timeshare The following checklist will help you to make sure that you… Read More

Can You Stop Your Home Being Repossessed?

If you are in trouble with debt and in danger of losing your possessions, can you stop your home being repossessed? The answer to this question is yes. You do have a very good chance of saving your home from being repossessed if you act quickly and if you seek advice from the right people. You have several options of courses of action to take to stop your home being repossessed if you have been issued an eviction notice. The following tips and advice will help you to go about this difficult process the right way to ensure that you have the best chance of keeping your home.   Tips on stopping your home from being repossessed   Seek professional advice From the first time that you miss a payment on your home loan or bond, you will probably receive a warning from your financial service provider. As soon as… Read More

Property Valuation Reports

If you have a house that you are thinking of selling, you should definitely look into getting accurate property valuation reports. In order to work out what your home is worth and to get advice about what the market is like at the moment, you should get an evaluation of what your property is worth from an expert. Most real estate companies offer valuation reports of potential customer’s properties, and with their experience in the industry, you should get an accurate idea of what your property will bring in.   What is a property valuation report? A property valuation report is a quote on how much your property is worth. Most property valuation reports are done by agents from real estate companies who have many years of experience in the business and who know very well what people are willing to pay for different properties. A property agent will take… Read More

Advice on Purchasing a Late Estate Property

There are many tips and tricks that should be taken into consideration when you have your eye on a property where the owners are recently deceased. The most important advice for buying any property, whether it is repossessed or whether the owners are alive or deceased, is to carefully consider the details and fine print of the sale and never to pay too much for a place that is not worth it.   What is a late estate property? A late estate property is a home or piece of real estate that is owned by an individual (or individuals) that has recently passed away. It may have been left to someone else or there may be no relatives to inherit the property or the deceased owners may have left no stipulations whatsoever about the place.   The perceptions of a late estate property There are several misconceptions and ideas about… Read More

Buying Property and Houses Pre-Auction

Buying property and houses pre-auction is a great way to purchase a home at an affordable price without the tension and stress of going through an auction process. Owning a home is one of the most satisfying achievements and often it means financial security for most people. Almost all people looking to buy a property are looking for something at a low price. Because houses and properties are so expensive, many people look into buying repossessed homes and properties because they are so much more affordable. At a certain point in almost every individual’s life, they will look into buying a property. Owning your own home or owning a property as an investment is a great achievement. Many people save for most of their lives or spend the majority of their lives paying off loans for a property. This is because properties and houses are incredibly expensive. The majority of… Read More

Having a Bond VS Paying Cash for Property

If you are looking at purchasing a house, you should weigh up the pros and cons of having a bond versus paying in cash for property. It is necessary to understand what each option involves, what the risks and benefits are and then to consider which option suits your needs for now and for the future. Remember, when you purchase property you are not making a small decision. The way you choose to finance it, and the property that you choose, will affect your financial and personal future for many years to come.   What is a bond? A bond is a debt instrument that companies, governments or organisation use to raise money. This type of security is, in effect, a contract between the creditor and the debtor that states that the bond will be paid back after a certain amount of time. There is also interest, at fixed intervals,… Read More

Standard Bank Repossessed Houses in Pretoria

Standard Bank repossessed houses in Pretoria are a good place to start looking if you're in the market to buy a new home. Buying a house as an investment is something that most people start thinking about at some point in their lives. Finding the perfect house with the right amount of rooms and bathrooms in the Pretoria area and with good security is not too difficult. Pretoria repossessed houses can be found in: Faerie Glen Menlo Park Garsfontein Rietfontein Equestria Constantia Park Doornport Montana Park Lynwood Ridge Waterkloof However, houses are expensive. Most people need to take out mortgages or loans to afford them and even the monthly payments can be incredibly expensive. It is necessary to choose a home that fits certain requirements. And meets certain standards rather than settling for something cheaper that is not what you are looking for. This might also be of interest to… Read More