Get a free property valuation now because low-interest rates have stimulated interest property buyers. Potential buyers are more stimulated than ever with a low-interest rate of 7,25%. This is the lowest our interest rates have been in over 50 years.
For buyers, a drop in interest rate is really good news. Some buyers can buy “up”. This means that buyers can afford great properties in lovely suburbs that were previously out of their reach. As a buyer though, be sensible though if you are buying. As a buyer, if you plan to buy ‘up’ make sure you are able to fix your interest rate. Fixing your interest rate with the bank will mean that you will get a chance to get used to your monthly repayments. Fixing a rate can be done from 6 – 24 months. And remember that most buyers will finance a home for 20 years, so be sensible about the next 20 years.
It’s true; buyers are more stimulated than ever. Search terms on the major property portals all claim that the “buy a home” search term has increased significantly. If you are selling now is a great time to get your free property valuation. Consider listing your property as buyer interest lifts significantly.
What property market are we in at the moment?
We all know that we are living in unprecedented times. That’s not news. But one thing is for sure, we still find ourselves very much in a buyer’s market. This means that there are more homes on the market than there are buyers. But what’s interesting is that with the lowest interest rates in over 50 years at 7,25% the appetite for buying property is better than ever. Find out what your property is worth today with a free property valuation. Let us help you determine if now is indeed a good time to sell.
Monthly repayments are down by almost R2k pm
If you are selling your home, a property valuation will help you determine the value of your property if you sell. And, if you buy a property of R1,000,000, you are already saving around R1,747 on your monthly repayment with low low-interest rates. This is the 4th drop-in 2020:
- In Feb ‘20 the saving on a mortgage repayment of around R1,000,000 was R648,06.
- In March ‘20 the further saving of R627,62 was effected at an interest rate of 7,75%.
- And, in May ’20 with a further 0.5% interest rate reduction, you can save a further R305,73.
Sell a house in Randburg?
Now is a good time to sell if you live in the Randburg area. Now that we have reached a level 3 of lockdown, the real estate market has come alive again. And it’s gotten really busy, especially in the Randburg area. This goes for sales and rentals. There has been a backlog that the market needs to work through. And it all starts with a property valuation so book yours today.
Get a free property valuation
If you are considering the sale of your property but are still undecided as to the timing of your sale, let us know. We will gladly pop around to do a free property valuation which will help you to get started with the 1st step of selling a property. To book a free property valuation click here. We will call you back ASAP.
Top KW Select estate agents in Randburg?
We will connect you in no time at all to some of the best KW Select estate agents working within the Randburg area. Above all, remember that there are over 50 suburbs within the greater Randburg area. We will connect you for free to some of the best agents in the Randburg area. We offer a free service because like you when we were faced with selling our own homes, we wanted to work with estate agents at the top of their game. And, let’s face it not all estate agents are good. We will refer you to an agent in your area that is well known for their sales track record, and service ethic. The agents we work with the know-how to ensure your property remains at the top of the pile of listings for your suburb. The experience that comes with knowing you are working with the best gives you unprecedented peace of mind. We are here to help you sell your home fast and for the best price possible.
Estate Agents – want to know more about KW?
Keller Williams (USA) is a top real estate brand to work for. If you are an estate agent and want to know a little more drop me an e-mail. If you would like to leverage world-class technology to the benefit of all our stakeholders across the value chain and end up with a win-win every time, then let’s touch base. Also, read what makes Keller Williams the best!
Get in touch with a top estate agent in Randburg
So, if you need a valuation done on a property anywhere in Randburg or elsewhere in Jhb, we can help. Give us a call on telephone number (064) 549-3123. Alternatively, drop us an e-mail at kwselect@kwsa.co.za. We have a vast network of almost 1,500 top Keller Williams agents at our fingertips who are all just dying for the opportunity to partner with you to sell and conclude your property transaction in record time.
If you want to view all the Keller Williams properties across the country, click on our website to start the search for your dream home. Need help getting a pre-approved homeloan, it’s free and our strategic partners will find you the best rate over 20 years! And finally, if you are thinking of putting your property on the market and need a free property valuation, click here!
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