State Of Disaster / Trouble Servicing Debt PaymentsThe reality of the 3 months state of disaster announced by the President on March 15, 2020 and the following 21 days lockdown period announced on March 26, 2020 is that many lenders may have trouble in servicing their debts. In a positive response, all banks are now offering conditional relief measures to their clients. See Disclaimer in the end We received the information below from Lucid
(Please note: This is mainly an extract from communication received from Lucid. via the desk of our preferred bond originators, Bond Excel. Though this publication contains typical promotional content for Lucid, it still is very valuable information.) 1. The bank’s offer and the effect thereof on your credit score. 2. Possibility of a claim against your credit life policy 3. Present service disruptions experienced by credit providers & banks 4. Home loan repayments or any other related debt relief contact details.
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Covid-19 Lockdown |
At Incomprop we have kept up with the times and it is important to us that we offer the whole range of real estate services, with respect to selling and rental transactions of all types of property, from residential, to commercial and industrial property. These services also include our professional evaluations. |
WHY
INCOMPROP for Real Estate Rentals??
Rental properties are very large capital investments for landlords.
Though the long-term benefits and returns of rental units are favourable, some of the biggest day to day risks are the following: 1. Placing the wrong tenants in a rental unit, with the resulting consequences that comes with it; 2. Making use of the services of a real estate business that is not a specialist in the field of proper rental administration. 3. A D.I.Y. approach by landlords, who may eventually end up with tenants that could not successfully pass the screening procedures relevant to the market, mostly for good reason. |
Do you have to make use of a Business Broker? - Yes, No ...or WHY?
Once you decide to sell your business, the first question that will come up, is:
“How do you go about it?”
“How do you go about it?”
THREE QUICK QUESTIONS:
- What and how will you tell your employees?
…they will have to know about your plans sooner or later.
- How will you protect the intellectual capital of your business?
…even your opposition might get hold of your business information if not careful.
- How will you assess the purchasing ability of prospective buyers?
…do you have time to waste with time wasters?
…they will have to know about your plans sooner or later.
- How will you protect the intellectual capital of your business?
…even your opposition might get hold of your business information if not careful.
- How will you assess the purchasing ability of prospective buyers?
…do you have time to waste with time wasters?
Real Estate an Asset Class in my Investment Portfolio ... ??
Have you ever thought of your property as part of your investment portfolio? The good news is that it is one of the best asset classes to include in your estate as part of your assets.
When compared to the inflation rate, property growth has over time outperformed inflation, leading to positive real return figures. This makes property a necessary and an attractive asset class when making investments and building an estate.
Property has the advantage...
Property has the advantage...
How do you make sure you get the best price for your house?
Fact is that there are certain indicators and drivers that is determining the realistic value of fixed properties. There is however a few basic principles that can be followed to assist in selling quicker, or even help to increase the price that a property fetch in the market. It may be viewed as a small margin when compared to the gross price of a property,...
BUT
....even if it is only R50 000, will you say no if someone wants to hand you R50 000 in return of a little of your own time and an expense from your side of say R 5000?
....even if it is only R50 000, will you say no if someone wants to hand you R50 000 in return of a little of your own time and an expense from your side of say R 5000?
Ever wondered: What happens to my Assets after Death?
Shapiro said that everyone dies with a will, you either make your own will, or the law makes it for you under the rules of intestate succession ……
Do you really understand the importance of having a valid will and what the consequences are if you do not have a valid will? We are trying to give an overview, by means of answering the most commonly asked questions.
Real Estate and Building up an Estate – why is it important?
The purchase of a house, is one of the biggest decisions, if not the biggest that people can make early in their careers to acquire assets and build up an estate.
It is therefore of utmost importance that one then also deals with proper estate and financial planning on how to deal with your assets during your lifetime, as well as in the event of your death.
It is therefore of utmost importance that one then also deals with proper estate and financial planning on how to deal with your assets during your lifetime, as well as in the event of your death.
It is important that a person realizes at a young age, that the moment when you receive your first payment or salary, that this is in the most instances the date where you can potentially start building up your own assets in your estate. Remember, not all of us are lucky enough to inherit a lot of assets, either making it easier for some, or cultivating an easy come, easy go strategy with others.
HOW DOES A LANDLORD KNOW how to choose the right tenant?
In most instances, a landlord will decide on a tenant after looking at the tenant’s credit profile, payment history and then go with a gut feel that all will be well. One may get away with it most of the time, but what happens if something goes wrong?
In general, tenants are good people with no hidden agendas to do a landlord harm. I can say this from experience as I am involved in rentals since 1992.
In general, tenants are good people with no hidden agendas to do a landlord harm. I can say this from experience as I am involved in rentals since 1992.
The rental industry has changed completely during the last decade and both tenants and landlords have to stay within acceptable parameters to remain active in the market.
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Erna Rossouw
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