The property market has really woken up over the last 2 months with most agencies announcing record sales. There will always be a debate of whether or not buying a house represents a good investment or not. However, with an interest rate that continues to drop - with some commentators expecting more to come - many past tenants have decided that now is the time to buy. In this month's newsletter we have a look at the news that has received the most interest. Hope you enjoy it, stay safe!
O-YES Properties presents world-class global auction app
To be the best, innovation is key. Revolutionising the way property is traded, O-YES Propertyhas once again topped the scoreboard, this time with the world-class global auction app – a free to download, specialised auction platform designed purely for auctions.
Property rebound jackknife? Here's why most people are selling right now
The current buyer's market is seeing a recovery in housing prices, according to the latest FNB report for July. An overall 5% property value drop is forecast for 2020, as SA's weak labour market and the uncertain economic outlook is still expected to impact the sector.
What happens to a tenant if a landlord sells property?
When a property is sold while it has a tenant in occupation, a few questions are usually raised. For example, what happens to the tenant if the landlord sells the property? The issue of what rights the tenant will have with regards to cancelling the lease or enforcing it also comes into question.
4 Steps to 'urgently address' the deeds office backlogs
The Minister of Agriculture, Land Reform and Rural Development (ALRRD) Ms Thoko Didiza, MP has met with the Chief Registrar of Deeds and all provincial registrars to put a concrete plan in place to address backlog challenges in all Deeds offices.
The ALRRD Minister’s meeting follows numerous complaints from various stakeholders regarding backlogs and constant closure of deeds offices. Western Cape Minister of Finance and Economic Opportunities David Maynier
Cannot fault them! 29 Jul 2020 | Erna
Laura from O-Yes dealt with our purchase. She was fantastic from the moment we started searching for Read More
Service Excellence 29 Jul 2020 | Wayne
OH YES PROPERTIES sold our house in Kyalami Estates From valuation to sold Read More