Recent content by cedar.first

My go/no-go calculation would be: start with ZAR 382,200, subtract every confirmed closing shortfall, the first mortgage payment, moving costs, immediate service charges, essential setup and any inspection work you may genuinely have to fund. Then ring-fence the emergency amount based on monthly...

I agree the geography needs explaining, but I wouldn’t discard the observations automatically. “Coastal homes” might describe properties elsewhere being marketed to Johannesburg buyers rather than homes physically in Johannesburg. If so, the sample could still answer a useful question—but it...

Have you received the exact monthly building or service charge and its first due date? I would also ask for the mortgage debit date and the applicable insurance excess. Timing matters: several legitimate bills landing together immediately after transfer can make a healthy overall buffer feel...

Parking deserves its own line in the comparison rather than being buried in the floor-area rate. Confirm whether each property has the same number and type of spaces and whether those rights are included with the unit. Do the same for balconies, terraces and storage. A superficially similar 110...

On its own, 108 days sounds inconclusive. I’d compare the asking properties with recent completed sales, then look at when any price cuts occurred. A home sitting unchanged for 108 days tells a different story from one that was reduced late and has effectively just entered a more realistic price...

Price-cut timing could help. A reduction after a short initial test signals something different from repeated reductions after relisting. Keep the original ask as well as the current one; otherwise a discounted stale unit can appear newly competitive.

Seller motivation is the remaining variable I’d add. Two similar properties can have very different strategies: one seller may price to secure an offer promptly, while another is willing to wait or withdraw rather than negotiate. For a practical next pass, keep the $508,000–$762,000 band but...

The asking figure looks difficult to support from the evidence I have, and possible flood exposure is the concern I do not want the price discussion to obscure. This is a roughly 70 m², three-bedroom new-build flat in Johannesburg at ZAR 10,650,000. The light and location appeal to me, although...

A practical route through the forum would be: local board first, then market data, investment modelling, mortgage comparisons, and legal checklists. Leave renovation and property management until you have a sample property to test, otherwise those discussions become abstract. For each candidate...

Also ask what happens to any arrangement fee if the purchase does not complete, and get the early-repayment schedule rather than a yes/no answer. Portability needs detail too: whether it depends on a fresh affordability assessment, the next property’s loan-to-value, or lender approval at that...