Quagga : Residential Home

There is no hiding the fact that the residential property market has slowed from a rapid gallop to a very slow trot. This makes now the perfect time to buy, according to Len Pears from Quagga Property Brokers. But don’t wait too long as Len foresees that the market should turn around within the next 12 to 18 months.

ABSA bank has recently announced that it will resume offering 100% bonds – this is great news as the other banks should all follow suit shortly.

Some pointers from Len Pears at Quagga Property Brokers should you want to sell your property:

• Don’t sell unless you ABSOLUTELY have to.
• If you have decided that you need to sell, seek honest advice, it might not be what you want to hear, and ensure that this advice is backed up with statistical data.
• Insist on a list of recent sales within your area NOT prepared by an estate agency but rather from an independent source like RPPP.
• Drive past the addresses on the list, and compare it to other properties for yourself. Take part in formulating an objective value.
• Choose your agent and then work around deciding on the REAL value for your home and NOT a pie in the sky figure.