“Home Sweet Home”! Home is where the heart lies and Yes! There are some Prestigious Properties For Sale in Gauteng that just astound by-passers, owners, and viewers with their magnificence. They are made as if to withstand time and to be of subject for art and poetry.
These luxury homes often have the most up-to-date amenities and state-of-the-art appliances. The lot areas are as big as football fields and they loom over everything else.
In 2004, Forbes listed The Ridges in South Africa as one of the most amazing places to live or buy in Gauteng. This holds true until today. The misconception of a lot of people that Gauteng is only about Gambling, quick weddings, and Show-girls couldn’t be further from the truth. Although they do bring in a big crowd of gamers and honeymooners, there is also a softer and subtle side to Johannesburg and it can be seen in places like the Morningside, Fourways, Parkhurst, Duxberry, and Waterfall.
Most homes here are owned by high net worth individuals who live with their families. The ridges are home to a good number of some of the richest and wealthiest people in the world. The people live like royalty and are pampered with everything that a fun-loving person would desire to sale or buy a house.
The Ridges is just next to Red Rock Canyon, which is one of Nevada’s geological wonders. The point in the Ridges has is known for its spectacular view that everyone remembers after their first visit. This is the place that is nestled right in the heart of all the beauty that Las Vegas has to offer.
Whether you are looking for a home for the reputed fun and games in Las Vegas, out-of-this-world scenery or just have the need to be pampered, then the Prestigious Properties For Sale Gauteng will be able to satisfy your cravings for a finer lifestyle than no other.
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Don't have the full 20% deposit, here's another option to help you get your foot in the door.
These days buying your first home is becoming so difficult particularly saving up the 20% deposit needed. There are other options for you to get into the property market without the 20% deposit and we have previously discussed Lenders Mortgage Insurance so now I will tell you about Property Share. Let's say you found your dream home for $400k then you are looking at a deposit of $80k, that's not much right? Wrong, for many of us that's more than their annual salary and if you're renting now how do you manage to pay rent and save?
· Less deposit needed
· Separate borrowings that don't affect each other
· Get you into the property market sooner
· Borrowing capacity increased
· Split Government costs
· For investment properties or Owner occupied
· Need to really trust the person you are property sharing with
· Need to find a property you both like
· Need to have a long term plan established at the start
As you can see Property share is a great option however you need to have a really good discussion about if it is suited to your circumstances.
Prestigious Properties For Sale in Gauteng
To partition or not to partition, that is the question. Partition is a legal action instituted for the purpose of dividing real estate owned by two or more people. If one or more of the co-owners of real estate is or are unwilling to sell the property and divide the proceeds of sale in accordance with all of the co-owners' ownership interests, it is the only way that a person who owns a share of real estate as a tenant in common or joint tenant can separate his or her interest from the other co-owners.
A joint tenancy is a form of ownership in which the co-owners own a property equally. If one dies, the other automatically inherits the entire property. By contrast, a tenancy in common is a type of joint tenancy of property without right of survivorship; each co-owner's portion is distributable under a will. Thus, in a tenancy in common each can leave his or her interest upon death to beneficiaries of his choosing instead of to the other owners, as is required with joint tenancy. The type of ownership is determined by reading the description in the deed. In New Jersey, two people, other than married couples, are presumed to own property as tenants in common unless they've agreed otherwise in writing in the deed. If two or more individuals inherit property then the last will and testament of the decedent will specify the type of joint ownership.
Partition of real estate can be in kind, meaning that the property is actually physically divided and split up among the owners. If that is not possible, and it most commonly is not possible, then a court ultimately will order a public or private sale of the real estate and the division of the sale proceeds among the parties according to their respective interests. Thus, it is common, and often in the parties' mutual best interest, to work out a deal in which one co-owner buys out the other(s).
Thus, what a person's interest in the property is for purposes of partition varies depending on the facts of each case. Even though there are general rules, because partition is an equitable matter, the decision in each case is up to the sound discretion of the judge.
It is very important to seek the advice of a qualified real estate attorney who has handled partition matters. Each partition matter is fact sensitive and you need a lawyer who will vigorously argue on your behalf. It is also important to retain any documents related to the purchase and care of the property. If the parties have made any type of agreement with regard to the eventual sale of the property, the agreement must be in writing.
If you have any questions about partitioning a property, please do not hesitate to call us.
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In the past couple of years the property sector has boomed and has become one of the most lucrative field and rapidly growing markets. A huge number of manufacturers, producers, consultancy companies, finance companies and international funds have got increasingly involved into the field of property, either through joint ventures or independently buying and developing different kinds of properties. There are a number of ways in which you can look for buying a property. These include via estate agents, looking in local newspapers with pages dedicated to the property sector, directly contacting house building companies and surfing on the internet.
A very important part of purchasing a house is documentation. An exhaustive and indicative checklist of documents needs to be verified before acquiring a house. These documents are also required by banks before they sanction a home loan. Another important point of concern is to find whether the property is under any disputed land, or in case of a house whether the property is into any kind of family dispute. If you are buying the property directly from a builder you need to look at the proven record and reputation of the developer.