When renting a property, tenants typically pay a deposit equal to one, two, or even three months’ rent. By law, landlords must place this deposit in an interest-bearing account for the duration of the lease.
Property investment offers lucrative opportunities, but the purpose behind your purchase can significantly impact your strategy. Whether you're buying to live in or buying to let, understanding the key differences is crucial to making an informed decision.
The South African residential property market has faced significant challenges over the last two years, but lower interest rates should boost it.The South African residential property market has faced significant challenges over the last two years, but lower interest rates should boost it.
While there's never a clear signal announcing the market's lowest point, current indicators suggest it’s a promising time to buy. The recent drop in inflation to 4.6%, the lowest since mid-2021, strengthens the case for potential rate cuts, fostering a positive outlook.
A property inspection is a comprehensive assessment of a property's condition and safety, identifying areas that need maintenance or do not meet building standards. This inspection is carried out by an independent property inspector.
Selling your home can be a daunting task, but with the right preparation, you can make the process smoother and more successful. At Jooma Properties, we’ve seen how a well-presented home can make all the difference in attracting buyers and securing a great deal.
What they didn't anticipate was how quickly Jooma Properties would grow, driven by their unwavering commitment to putting clients' interests above all else. As Sara Jooma reflects, "Putting our client's interest above everything else is the secret of our success.
