Wednesday, March 25, 2009

FINANCIAL SERVICES GIANT PARTNERS WITH REAL ESTATE COMPANY

Financial services giant Sanlam and real estate investment holding company Jigsaw have joined forces to help consumers gain entry into an increasingly tough property market.

The newly formed business unit, Sanlam Home Solutions, will serve as a mortgage originator for amongst others Sanlam clients as well as clients of Jigsaw real estate networks.

Jigsaw CEO Neville McIntyre says Sanlam Home Solutions will offer comprehensive bond origination services to buyers, sellers or those wanting to rent that will ultimately pave the way to home ownership.

“As an approachable, responsible and resourceful company, Sanlam Home Solutions will significantly increase the consumer's confidence of entering the property market,” he says.

Anton Gildenhuys, CE: Sanlam Personal Finance Strategic Business Development, says against the backdrop of tighter lending criteria, the global credit crisis and non bank lenders exiting the home loan market, Sanlam saw an opportunity for a financial institution with a long-term view to form a partnership to assist consumers realising their dreams of home ownership.

“Clients will not only be serviced by a knowledgeable,professional Sanlam Home Solutions consultant, but Sanlam Home Solutions will also provide the client access to a professional financial planner who can conduct a comprehensive financial needs analysis and address the clients financial needs around home ownership at the time and into the future. This gives Sanlam the opportunity to assist clients making one of their most critical financial decisions” says Anton.

Sanlam Home Solutions bond origination services include:
- Providing pre-assessments for home loans for potential home buyers;
- Sourcing the best bonds from banks and financial institutions; and
- Offering long-term support for home buyers.

Buy property for sale in Cape Agulhas

Friday, March 13, 2009

RE/MAX Encourages “Lights Out”

The information in this article is courtesy of News24 (RE/MAX light out for Earth Day – 13 March 2009)

RE/MAX is joining the fight against climate change by encouraging 1 million South African households to switch off lights in their homes on March 28 at 20:30 in support of the World Wide Fund for Nature’s (WWF) global Earth Hour 2009 campaign.

According to Adrian Goslett, RE/Max assistant regional director, they will use their national database of home owners, buyers and sellers to encourage South African families to sign up at the Earch Hour section of the RE/Max corporate website, and to then show support by switching lights off in their homes during Earth Hour.

RE/MAX will also commit its marketing and communications infrastructures during March to raise awareness for Earth Hour 2009. The real-estate group has been part of this initiative for the last 2 years.

Earth Hour began in Sydney in 2007, when more than 2.2 million families and businesses turned off their lights. One year later, Earth Hour reached 370 cities and towns in more than 35 countries across 18 time zones.

Buy Property in Bredasdorp

Monday, March 2, 2009

AGULHAS OFFERS SEASIDE LIVING FOR 10% LESS THAN 2007

For those who dream of replacing city living with a coastal lifestyle, Cape Agulhas, the little town at the southern-most tip of Africa, has a range of homes on offer for up to 10 percent less than they would have cost a year ago.

According to Strepies van Wyk, principal of Realty 1 International Property Group in Cape Agulhas, there are currently a number of excellent seaside (and nearby) buys in the area, which comprises Struisbaai, L’Agulhas, Arniston, Bredasdorp and Napier. These range from an affordable R325 000 to R11 000 000.

“They would all have sold for more in 2007 than their current asking price and will experience a renewed capital growth surge when the market regains its momentum, which we’re anticipating happening from April 2009,” she says.

Good vacant land buys include an elevated plot in a popular, established area, for R385 000. Similar pieces of land have sold for up to R550 000, she tells. For the well-heeled, there’s a rare 16.8ha small holding with 450 metres of seafrontage that extends up to the high water mark for R11million.

In the apartment sector, best buys include a four bedroom, two bathroom flat for R1, 25 million and a furnished first floor unit for R2, 45 million, both of which boast ocean views.

Bargains at entry level in the housing sector include a 153 m² three bedroom home with separate outside guest suite. While it doesn’t look out over the waves, it is affordably priced at R855 000. Also competitively priced at R995 000 is a three bedroom house in the centre of the town yet close to the beach.

According to Van Wyk, excellent value for money and a fair amount of choice of homes with sea views is currently to be had in the R1 million to R2 million price range. With rental demand for both permanent and holiday accommodation rising steadily in the area, these are also potentially good investment properties, she adds.

For those with more spending power and want to get into the lucrative guest house sector, one of the area’s most successful B & B establishments, now celebrating its tenth year in business, is on the market. At R3, 5 million, the six bedroom, six bathroom American sugar plantation-style house is very well priced, she says, particularly since it overlooks the quaint Struisbaai harbour.

Upwards of R4 million will buy “one of the best positioned properties in Struisbaai. “What makes this home so attractive is that there is no road between it and the sea,” she says. In all, it consists of four bedrooms, three bathrooms and well-planned living area.

There’s also a “competitively” priced 120 hectare property with 2km of river frontage and its own private slipway. Comprising main house, guest cottage, labourer’s house, garages and an office building, permission has been granted for the building of a further three houses, which she says leaves the door wide open to numerous possibilities for the future owner.
Says Van Wyk: “Property in the Overberg area is without a doubt some of the most ideally situated in terms of beautiful natural surroundings, safety and healthy climate. The area lies on the southernmost tip of the African continent, surrounded by mountains, oceans, and endless stretches of fragrant fynbos, which makes it totally unique. This will ensure excellent long-term growth for its real estate as well as an idyllic lifestyle.”

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