REAL ESTATE AGENCY
LA GRANDE
Whats New:
This is La Grande's New Web Site.
February 2011
Please feel free to give your comments on La Grande's new website, by clicking on Contact Us in the Main Menu.
Current News
Interest rate Cut
November 2010
On 18 November 2010 The Reserve Bank has anounced that the repo rate is reduced by 50 basis points. This means that the banks will reduce their prime lending rate down to 9%.
Recent Events
No Transfer Duty or Capital Gain Tax?
February 2011
For those of you who have their primary residence registered in a CC., Trust or Company, now have the opportunity to transfer the property into your own name, with out paying transfer duty or capital gain tax. Before you take any action, consult with your finacial advisor to establish whether this will be to your advantage. Then consult with your transferring attorney to establish whether you will qualify not to pay transfer duty and capital gain tax. Then establish with your bank wheteher you will qualify for the outstanding bond amount. You have to take action before the end of 2011.
SNIPPETS
INTEREST RATES:
Current prime rate is 9.0%
Home Loan Rate should be in the region of 8.0%, pending your financial risk profile.
SELLERS BEWARE:
You have to inform your bank that you are going to sell your house and that the outstanding bond is going to be cancelled. You have to inform your bank in writing and it has to be done, 90 days prior the bank has to cancel the bond. If this is not done, the bank will charge you a penalty fee equivalent to 90 days rent on the outstanding bond amount.
GOOD AND BAD NEWS FOR SELLERS:
There is definately more interest from buyers seeking homes to buy. However, buyers still consider the present situation as a buyers market and are therefore reluctant to pay a fair market related price for your property. This situation will hopefully change during 2011.
TENANTS BE CAUTIOUS:
Due to the present poor economic climate, some landlords do find themselves in financial difficulties and you may experience that your landlord is unable to refund your rental deposit. However, if you do rent through a registered real estate agency, your rental deposit is secured in the agency's trust account.
WELCOME TO LA GRANDE'S WEBSITE
On this website you will not only find the home you will want to live in, but will also find information to empower you to make an informed decision before you undertake your next property transaction, irrespective of whether you are a Seller, Buyer, Tenant, Landlord or Investor.
SELLERS~ We will find you a Willing and Capable Buyer
We understand that selling your home is a very emotional experience and we therefore have committed ourselves to make the transaction a stress-free experience.
BUYERS~We will find you a Home that Suits Your Requirements
We will listen very carefully to what you want and make every effort to only contact you about homes that fit your requirements.
TENANTS~We will find you an Affordable Home to Rent
We will find you an affordable home to rent that will suit you and your family’s requirements.
LANDLORDS~We will be your Partner in Letting
We have the necessary knowledge, skill, confidence, commitment, dedication, experience and know how to Let and Manage your Property Investment. Let us help you with the burden of letting properties so that you can have more time for yourself and your family.
ABOUT US
La Grande is a Real Estate Agency ~specialising in the Sales, and Rental and Management of Residential properties in the Northern Suburbs of Cape Town. Our major activities take place in Pinehurst, Durbanville. However, due to special requests we are also active in areas such as Kleinbosch~Parow, Sonstraal Heights, The Paddocks, and Stellenberg.
Petré la Grange (B. Sc., B.Ing., Hons.-B.(B. & A.)., M.B.A., CEA, MIEA.)
