What is affecting selling prices in the current buyer’s market?

05 Nov 2023 A buyer’s market simply means there are more homes for sale than there are buyers which gives buyers an advantage, as they have more choice and can negotiate lower prices. READ: Buying or selling? Why you should be on your estate agent’s hotlist According to the Seeff Property Group there are a number of factors which can impact the selling prices …

Buy or wait? Why you should buy property in a buyer’s market

03 Nov 2023 The economy is down, and the interest rate is up. Should you really be buying property right now? The answer is yes. Buying in a buyer’s market offers considerable benefits according to the Seeff Property Group. READ: Where first-time buyers can find affordable homes and 6 tips to consider when buying Buy low, sell high is always the ideal when …

FNB | Residential Property Barometer – September 2023

Dear Business Partner Please find attached the latest FNB Residential Property Barometer. Attached is also a special report, which investigates how the unprecedented load-shedding intensity has reshaped buyer preferences in the domestic market. FNB Residential Property Barometer: Summary The FNB House Price Index growth slowed to 0.8% y/y in August, down from 1.2% in July (revised from 1.1%). Our internally …

Do this before you put in an offer to purchase your dream home

It is vital to realise that an offer to purchase a property is a legally binding contract and that you cannot get out of it without incurring onerous financial penalties. You should therefore be ready to purchase the property before you put in your offer, says Samuel Seeff, chairman of the Seeff Property Group. A property is a long-term purchase, and you need …

Updated | Income Matrix

Dear Business Partner Please find attached the updated Income Matrix. Please be guided. Regards,The BondExcel Team

Updated | First Home Finance Subsidy Table

First Home Finance Subsidy Table Dear Business Partner Please find attached the updated First Home Finance Subsidy Table as per the NHFC Website https://www.nhfc.co.za/finance-solutions/first-home-finance/ Regards,The BondExcel Team

FNB | Residential Property Barometer – August 2023

FNB | Residential Property Barometer – August 2023 Dear Business Partner Please find attached the latest FNB Residential Property Barometer. In summary: The FNB House Price Index growth slowed to 1.1% y/y in July, down from 1.6% in June (revised from 1.7%). This is in line with the continued decline in buying activity, with mortgage volumes now tracking closer to …

Updated LTV Matrix

Dear Business Partner Please find attached the updated LTV Matrix Changes made:Nedbank – as per communication received Maximum Loan Term changed to 30 years; 100% LTV considered up to R7.5m; Maximum age at the end of the bond term changed to 75 years.Personalisation of Matrices:The options to personalise with partner’s own logo are no longer released on email. These are now …

FNB | Updated Collective Buying FAQ’s

Please find attached the updated FNB Collective Buying FAQ’s and note the following changes have been made: Regards,​​​​​​The BondExcel Team