Blog | Page 66 | Louw Lochner Properties

4 Things You Should Know About Selling Your Port-Elizabeth House In An HOA

April 2, 2020

Today, more homes than ever are part of homeowners associations (HOAs) – primarily because people like the extra security and improved neighborhood personality it affords. What’s not so great about having a house in an HOA is that selling it is more involved and more difficult. Besides having to make full disclosure of everything regarding … Continued

Tax Advantages For Selling Your Port-Elizabeth House Before Year End

April 1, 2020

By marthinus

Selling your home is a big (sometimes life-changing) event and financial transaction, so why not profit from it as much as you can? When you get that big chunk of money in your hand from selling your house, you can bet the IRS won’t be far behind. There are, however, several tax deductions you can … Continued

Can You Still Sell Your House During The Coronavirus Pandemic in Port-Elizabeth?

April 1, 2020

By marthinus

We are dealing with unprecedented times! Just last month we were going on with our lives as normal, then COVID-19 came in and threw the world on its head. As we all adapt to these changing ways of life, people are wondering if everything has just stopped? The answer is no. Whether we are working … Continued

What The Volatile Stock Market Means For Those Buying or Selling Real Estate in Port-Elizabeth

April 1, 2020

By marthinus

The pandemic fallout has wrought havoc with the stock market, causing it to plummet at record rates and to record lows. But before that, the market was rising to giddy heights. Ultimately, we just don’t know how this will all turn out. What we do know and have had reaffirmed is that the stock market … Continued

What Do Those Commissions Really Buy You When Selling Your House In Port-Elizabeth?

April 1, 2020

By marthinus

Are agents really worth that commission? After all, many home sellers complain about having to pay a commission that can take a big bite out of the sale price. But are those complaints justified? In most cases . . . no. A good agent is actually usually worth much more than she charges in commissions. … Continued

7 Selling Secrets For Condos In Port-Elizabeth

April 1, 2020

By marthinus

Selling a condo is in many ways different from selling a traditional, single-family home. For one thing, the condo market is pretty strong in many cities, and this means you will likely be up against some stiff competition. To sell your condo, then, especially in one of these competitive markets, you will have to find … Continued

What Will Happen to Interest Rates in 2020 for Port-Elizabeth Home Buyers?

April 1, 2020

By marthinus

This is certainly a time of uncertainty as both personal and economic life have suffered major upheavals. But a couple of things remain pretty certain throughout all this. The stock market is as volatile as ever with its recent dramatic fall. And interest rates look to remain low, which is good news for home buyers, … Continued

5 Tips To Help You Sell Your House In Port-Elizabeth As-Is

April 1, 2020

By marthinus

Ready to sell your house in Port-Elizabeth? Before you spend money making repairs, taking the time to clean it, or signing a listing agreement binding you to an agent for an extended period of time, you may want to learn more about your other options. Find out how selling your house directly, as-is to a … Continued

JUST IN: Steep cut in interest rates announced

March 19, 2020

By marthinus

The SA Reserve Bank’s monetary policy committee cut the repo rate by 100 basis points, or one percentage point, from 6.25% to 5.25% on Thursday. Most economists were expecting a cut of 50 basis points. The Reserve Bank is under pressure to help arrest the economy’s downward spiral. South Africa is already in recession, and … Continued

What Port-Elizabeth Buyers And Sellers Should Know About The Real Estate Market In 2020

March 4, 2020

By marthinus

With a new year just beginning, a lot of people are anxiously waiting to see what the real estate market, housing in particular, holds in store. There are some faint signs that the market is “softening,” so both buyers and sellers are panting to know whether 2020 will be a buyer’s or a seller’s market. … Continued