Although it is the appearance of a home that buyers often fall in love with, there is sometimes more to a home than meets the eye. This is according to Adrian Goslett, CEO of RE/MAX of Southern Africa, who says that regardless of whether a buyer is purchasing their first property or they have an investment portfolio of several properties, the fundamentals of purchasing a property never change. “Purchasing a property is a large investment. In fact, for many it is the largest financial … [Read more...] about Top 5 five potential defects to look out for when buying a home
defects
Consumer Protection Act on Latent and Patent Property Defects
The Property Poser panel often receives queries relating to the discovery of defects during the course of a property sale or shortly thereafter. This week a buyer tells us that the transfer of his property is still in progress but substantial leaks in the roof have been discovered. When the reader reported it, the estate agent obtained quotations for the repairs and a claim was instituted with the relevant insurer. It has subsequently transpired that the insurer will not cover the claim … [Read more...] about Consumer Protection Act on Latent and Patent Property Defects
