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Showing posts from August, 2010

Typical house construction plan

How to pay bond off faster

How to pay off your house quicker: - House price - R 500 000 - Bond - 20 Year - Interest rate - 12,5 % - Payment per month - R 5,680.70 - If you can pay 10% more on your home loan you can save up to R85000.00 Click here to read full article

MLA LAW - Property Conveyancers

PROPERTY LAW • Registration of transfers, including sectional title schemes, developments and townships • Drafting and perusal of purchase agreements, JV’s and development contracts • Registration of bonds, including sectional title bonds, commercial- and development bonds • Drafting and perusal of lease agreements and notarial contracts • Rezoning, consolidation and subdivision of land, including opening of township schemes, sectional title schemes and the like. Valuation of property, especially for deceased estate purposes • Valuation of property COMMERCIAL LAW • Drafting of purchase-, lease-, partnership-, share sale-, association agreements and other ancillary thereto • Registration of companies, close corporations and family- and business trusts • Liquidation and sequestration matters • Labour and employment matters Contact : Daantjie Malan Tel : +27 21 853-1535 Email: daantjie@mlalaw.co.za Website Link

Interpret property info the right way

Jacques du Toit, property strategist at Absa, says in order to understand information about price growth, a good grasp of the factors that drive it is necessary. “Many factors can influence price growth. These factors relate to the property market and the household sector, which may include demand and supply conditions, initially driven by economic growth, inflation, interest rates, employment, household income, debt, the affordability of housing, etc.” He says the average price of houses in certain segments is calculated by dividing the total value of properties sold in a specific period in a specific segment by the number of those properties. “The overall average of middle-segment housing as defined by Absa – small, medium and large – is calculated by using the samples of each segment. It is thus a weighted average that is calculated.” Read the whole article