FIRZT Property Group - Midrand

New Freestanding listed on https://www.firzt.co.za/results/residential/for-sale/midrand/summerset/freestanding/3286444/

R1,190,000 | 3 Bedroom Freestanding For Sale in Summerset Contact Sipho Mkhwanazi on 063 472 3969 for listing reference RL22150

New Apartment listed on https://www.firzt.co.za/results/residential/to-let/midrand/carlswald/apartment/3290554/

R13,500 pm | 2 Bedroom Apartment To Let in Carlswald Contact Jay Modikoane on 067 264 5738 for listing reference RL22161

New Townhouse listed on https://www.firzt.co.za/results/residential/for-sale/midrand/noordwyk/townhouse/3286422/

R999,995 | 2 Bedroom Townhouse For Sale in Noordwyk Contact Sipho Mkhwanazi on 063 472 3969 for listing reference RL22149

New Freestanding listed on https://www.firzt.co.za/results/residential/for-sale/centurion/rooihuiskraal/freestanding/3279370/

R2,299,000 | 4 Bedroom Freestanding For Sale in Rooihuiskraal Contact Jay Modikoane on 067 264 5738 for listing reference RL22145

𝗚𝗲𝘁 𝗵𝗲𝗹𝗽 𝘁𝗼 𝗱𝗲𝗳𝗲𝗻𝗱 𝘆𝗼𝘂𝗿 𝗽𝗿𝗼𝗽𝗲𝗿𝘁𝘆 𝗴𝗼𝗮𝗹𝘀

The Reserve Bank’s decision this week to increase the repo rate by 25 basis points and effectively push the prime lending rate up to 10,50% will clearly place additional pressure on household budgets – but should not cause prospective buyers to abandon their home ownership plans.

That’s the word from Stephen Whitcombe, MD of the FIRZT Property Group, who says that the increase underlines the need for home buyers to approach the market strategically, particularly if economists are correct in saying that rates may not start declining again until next year.

“The reality is that if rates continue to edge upwards, or even if they stay the same now, it becomes even more important than before to secure the most competitive home loan, and for prospective buyers to engage with a reputable mortgage originator such as BetterBond before signing an offer to purchase.

“A good originator will negotiate aggressively with multiple banks on a buyer’s behalf and can often secure a more favourable lending rate than a buyer may obtain independently. And even a modest rate concession can result in meaningful savings over the life of a home loan.”

He says the latest increase also provides an opportunity for existing homeowners to reassess their financing arrangements. “If you have been servicing your home loan consistently for several years and have built up a strong payment history, now may be a good time to speak to your bank about renegotiating your interest rate. They may well be willing to offer improved terms to retain a good client.”

For homeowners with a 20-year bond of R1m, the 0,25% increase translates into an approximate monthly repayment increase of around R165 to R175, while a R2m bond could see repayments rise by roughly R330 to R350 per month.

Click the link to read more https://www.firzt.co.za/news/get-help-to-defend-your-property-goals/

New Freestanding listed on https://www.firzt.co.za/results/residential/for-sale/johannesburg/ormonde-view/freestanding/3190305/

R1,199,473 | 3 Bedroom Freestanding For Sale in Ormonde View Contact Bonginkosi Mqalanga on 081 813 3171 for listing reference RL22127

𝗣𝗿𝗼𝗽𝗲𝗿𝘁𝘆 𝗼𝘄𝗻𝗲𝗿𝘀 𝘂𝗿𝗴𝗲𝗱 𝘁𝗼 𝗴𝘂𝗮𝗿𝗱 𝗮𝗴𝗮𝗶𝗻𝘀𝘁 𝘁𝗶𝘁𝗹𝗲 𝗱𝗲𝗲𝗱 𝗳𝗿𝗮𝘂𝗱

Title deed fraud is an emerging threat in South Africa’s property market, and homeowners may soon need to consider additional safeguards, including title deed insurance, to protect what is often their most valuable asset.

So says Stephen Whitcombe, MD of the FIRZT Property Group, who notes that there have been several reported cases recently in which criminals have fraudulently taken “ownership” of certain properties and sold them after falsifying the title deeds to make it appear as if they are the legitimate owners.

“This is unfortunately not a new phenomenon in SA and most commonly, the properties that such scammers have sold to unsuspecting buyers over the years have been empty stands (including many that were actually owned by municipalities or provinces). They have often even succeeded in transferring ownership of these properties – and of course disappearing with the sale proceeds - before the deception is uncovered.”

However, he says, holiday homes and rental units are also at risk, because criminals know that if they can sell a property like this for cash, they can bypass any bank that might hold a mortgage over the property and the real title deed. The rightful owners will probably only discover the fraud when the buyers arrive to take occupation, and will then have to initiate a complex and expensive High Court action in order to cancel the sale and reclaim their property.

“In addition, title deed fraudsters are targeting senior citizens with fully-paid off homes. Earlier this year, for example, several elderly Khayelitsha residents complained to the Department of Human Settlements that their homes had been transferred to new “owners” without their knowledge or consent...

Click the link to read more https://www.firzt.co.za/news/property-owners-urged-to-guard-against-title-deed-fraud/

𝗖𝗵𝗮𝗻𝗴𝗲 𝗼𝗳 𝗻𝗮𝗺𝗲 𝗿𝗲𝗳𝗹𝗲𝗰𝘁𝘀 𝗴𝗿𝗼𝘄𝘁𝗵 𝗮𝘁 𝗙𝗜𝗥𝗭𝗧 𝗣𝗿𝗼𝗽𝗲𝗿𝘁𝘆 𝗚𝗿𝗼𝘂𝗽

FIRZT Realty, a stalwart of the Johannesburg residential property sales market for more than 20 years, has changed its name to FIRZT Property Group, which more accurately reflects its recent expansion into different property sectors as well as a growing geographic footprint.

The change was announced at a glamorous black-white-and-gold themed event held earlier this month, where CEO Denese Zaslansky told attendees: “The future starts now. We have entered a powerful new phase at FIRZT, and we’re really excited to be taking all our agents and clients along with us as we adapt and grow.”

This growth includes the opening of new branches in Centurion and on the West Rand, enlarging the group’s presence in Sandton, strengthening its commercial property and rental teams, and the establishment of a comprehensive property management service for landlords and investors.

And further expansion is on the cards, says Stephen Whitcombe, who joined the group as MD in 2024, “but we are currently also working hard to embrace AI and integrate its capabilities into our business and management processes in a way that frees up our incredible sales and rental agents to do more of what we believe is most important – which is spending quality time with clients.”

Personalised service has been at the heart of the FIRZT group since its establishment in 2003, notes Zaslansky, “and by combining an informed, professional approach with a deep understanding of our customers’ needs, we have become a go-to real estate partner for people who trust us to help them buy or sell properties in line with their specific aspirations and life plans, and not to treat them like a number. Now AI gives our agents the opportunity to further strengthen these bonds with clients, while simultaneously providing them with an even higher level of service”.

Click the link to read more https://www.firzt.co.za/news/change-of-name-reflects-growth-at-firzt-property-group/

New Apartment listed on https://www.firzt.co.za/results/residential/for-sale/midrand/halfway-gardens/apartment/3173885/

R1,399,000 | 4 Bedroom Apartment For Sale in Halfway Gardens Contact Matthew Smit on 082 685 4286 for listing reference RL22068