Property owner can be held liable for arrears in rates and taxes incurred by previous owner going back 30 years
The latest ruling by the Supreme Court of Appeal relating to rates and taxes on a property is most concerning for property buyers and could have lasting implications regarding the risk of ownership.
Repo rate increase a dampener for the property market
Dr Andrew Golding CEO of Pam Golding Property Group and CEO of Jawitz Properties Herschel Jawitz comment on the impact of the 25 basis point interest hike on the property market.
Impact of interest rate increase on property
Property doyens comment on the impact the 50-basis repo rate increase will have on property.
Residential property market on the rise
Despite a weak economy and continued pressure on disposable income, the residential property market is showing a marked increase in activity and demand across all price levels, according to Jawitz Properties CEO Herschel Jawitz.
Measured growth for residential property in 2013
The low interest rate environment and slow growth in property prices make it a good time to buy from a value and affordability point of view.
Sunny side up for residential?
One is reminded of the late great David Frost’s remark: “With our backs to the wall we can only go forward”, when reading Seeff’s latest press release titled: “Best Property Buyers’ market in decades.”
Benefits from World Cup
SA is getting back to work, but for the residential property market, the World Cup payoff is still to come.
eProperty News is a leading online commercial property marketplace serving the Southern African Investment, Office, Retail and Industrial property and allied sectors.