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The Covid-19 crisis united South Africa’s real estate sector as never before in our history and the hard work has paid off – on Monday 1 June all property professionals may once again go outside to sell properties on condition of adhering to strict safety protocols to keep them and the buyers and sellers safe from infection with the novel coronavirus.
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Best home buying conditions in decades
In the current dire economic state the fourth rate cut this year brings welcome relief for financially stressed home-owners and with record-low interest rates sweetens the deal for first-time home buyers as well as property investors.
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Speakers Corner Cool heads need to prevail or the rental market will be in serious trouble due to the high increase in the number of tenants unable to pay rental partially or in full raises writes Ian Badenhorst, owner Dominicum Properties.
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Covid-19 and ubuntu in the rental market With the downgrade from Alert Level 4 to Alert Level 3 looming close, the issuing of summonses and eviction applications draws ever nearer. What can landlords expect once the lockdown we are currently under is eased?
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ST protection measures as new tenants or owners move in The revised Disaster Management Act directions on the movement of people from one home to another mean that tenants and home-buyers can now go ahead and move into their new sectional title (ST) and estate homes as long as they have a lease or proof that the property has been transferred into their name* – and there are likely to be even fewer restrictions on such relocations as the country moves to Level 3 of the Covid-19 lockdown.
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