Sunday, March 3, 2013
Affordable Family Homes - Prices on the increase!
Affordable family homes in South of Bloemfontein - prices on the increase, buy now rather than later!
Although we don't see an increase in property prices in South Africa in the immediate future, we noted that less property in the lower prices are being listed for sale in the southern part of Bloemfontein.
This indicate an increase in property prices in Bloemfontein medium market from R 900 000 to R 1350 000 is on its way with a great speed. Thus if you are in the market for a family home, we recommend that you investigate this market as a matter of urgency as there are limited properties available at this price.
Everybody is aware that the financial institutions restricted lending conditions makes it almost impossible for the Average Joe to purchase a home, it is now the time to do just that - clamp down and buy your property today as changes are that in a couple of months you will find even less properties to choose from and the prices will also increase.
It is also true that the difference between listing and selling prices is high throughout South Africa, but we note that when a property is priced right, it sells almost overnight!
It is however very important to understand that the financial institutions are under severe pressure to obtain the right client, and therefore you need to ensure that not your not only your credit rating, but also your credit profile is clear. For more information on how to ensure that your credit rating is correct, you need not only to investigate your ITC profile, but more than that, ensure that your creditors have updated your payment profile correctly. We will continue to place certain articles that would explain the difference and how to repair your profile in the following articles.
For more information on Properties For Sale or Keep your ITC Clear, Update your Credit Profile in the following posts or contact Barry Spies.