Latest South African Property News | Lew Geffen Sotheby's International Realty
 
Lew GeffenLew Geffen has been in the real estate industry since 1972, is recognised as one of the leading experts in property in South Africa and holds many directorships in associated real estate and allied industries.
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Plettenberg Bay Presents Brackenridge Estate
Author: Lew Geffen Sotheby’s International Realty | Published: February 23rd, 2012
More South Africans are looking at Plettenberg Bay as the ideal choice for their permanent home or holiday location. Situated on the frontier of the Western Cape’s border with the Eastern Cape; Plettenberg Bay is one of South Africa’s premier coastal retreats.

The Perfect Coastal Estate

 
Once in ...
Innovative Deposit Solutions to Secure Your Loan
Author: Lew Geffen Sotheby's International Realty | Published: January 19th, 2012
In the current South African property market, following on the heels of the global recession, it is extremely challenging to secure a housing loan. Most lending institutions require a deposit for properties over a certain price. Banks often require deposits as high as 30% of the property price, with 100% loans seldom granted for properties over R1 million. ...
Do You Have What it Takes to be a Landlord?
Author: Lew Geffen Sotheby's International Realty | Published: January 19th, 2012
If you are in a position to buy to rent in South Africa, there remains a large market for rentals due to the rising number of people who aren’t able to buy their own homes. An advantage to leasing a property lies in the fact that it can be a good income as well as a sensible way to pay off existing mortgages.
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The Pitfalls of an Open Mandate
Author: Lew Geffen Sotheby's International Realty | Published: December 13th, 2011
It’s only natural for those putting their homes on the market to want as swift a sale as possible. For that reason, they are often tempted to opt for an open mandate, assuming that the more agents working on selling their property, the greater the likelihood that it will sell quickly. Unfortunately this is not always the case. ...
Don’t Undervalue Your Home
Author: Lew Geffen Sotheby's International Realty | Published: December 5th, 2011
As the South African property market gradually crawls out of the slump following the global recession, it’s quite tempting for sellers to undervalue their homes in search of a quick sale. It’s even more tempting for unethical and opportunistic real estate agents to capitalise on market circumstance and convince sellers to undervalue their homes in search of an ...
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