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Payment Holiday  |  Financial relief measures offered by banks

4/8/2020

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State Of Disaster / Trouble Servicing Debt Payments

​The 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
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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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Lockdown / Rent payments / Tenants / Landlords 26 March 2020

3/25/2020

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Covid-19 Lockdown 
Ten rental related questions answered

In response to our President’s call for a nationwide lockdown, questions may arise about how the residential rental sector is affected. Unfortunately, a falsified document, said to have been issued by the Department of Health, is doing the rounds on social media saying that landlords are barred from collecting rent money from their tenants for the next 90 days. This is fake news which has been verified as such by the Department of Health spokesperson, Lwazi Manzi.
Covid-19 Lockdown  Rental related questions answered | INCOMPROP

Ten Questions on lockdown and rent: 


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REAL ESTATE SALES | INCOMPROP BUSINESS JOURNAL

1/24/2018

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WHY
INCOMPROP for Real Estate Sales ??

The Estate Agency Business in general, have been elevated by higher training, professional and compliance levels to grow into a specialized business.
Incomprop is compliant and duly registered with the Estate Agency Affairs Board.
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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.

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Rental Administration Services | INCOMPROP BUSINESS JOURNAL

1/15/2018

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WHY
​INCOMPROP for Real Estate Rentals??

Rental properties are very large capital investments for landlords.
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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. 

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Business Broker  | INCOMPROP BUSINESS JOURNAL

9/2/2017

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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?”
Business Broker | INCOMPROP BUSINESS JOURNAL
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?

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Real Estate, an Asset Class | INCOMPROP BUSINESS JOURNAL

8/29/2017

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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.
Real Estate, an Asset Class | INCOMPROP BUSINESS JOURNAL
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...

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The best price for your house | INCOMPROP BUSINESS JOURNAL

8/26/2017

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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,...
The best price for your house | INCOMPROP BUSINESS JOURNAL
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?

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The necessity of a Will | INCOMPROP BUSINESS JOURNAL

8/24/2017

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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 ……
The necessity of a Will | INCOMPROP BUSINESS JOURNAL
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.

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Real Estate & Your Estate | INCOMPROP

8/22/2017

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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.
Real Estate & Your Estate | INCOMPROP
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.

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CHOOSE THE RIGHT TENANT | INCOMPROP

8/21/2017

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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.
 CHOOSE THE RIGHT TENANT | INCOMPROP
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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    INCOMPROP BUSINESS JOURNAL
    INCOMPROP BUSINESS JOURNAL

    Author 1

    Erna Rossouw
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    Author 2
    Cobus vdM
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    Categories

    All
    Business
    Fixed Property
    Investment
    Legislation
    Rental Sector
    Risk Planning


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INCOMPROP, Western Cape, South Africa.                    Copyright 2015
See latest COVID-19 updates on government website www.sacoronavirus.co.za.
  • Home
  • PROPERTY FOR SALE
    • WE NEED YOUR PROPERTY
    • Evaluation: Sellers
  • TO LET
  • INCOMPROP BUSINESS JOURNAL
    • DISCLAIMER INCOMPROP BUSINESS JOUNAL
  • About INCOMPROP
    • About INCOMPROP PROPERTY SALES
    • About INCOMPROP RENTAL ADMINISTRATION
    • About INCOMPROP COMMERCIAL
    • About Cobus v d Merwe
    • About Erna Rossouw
  • Contact