Wednesday, February 27, 2008

Property, property, property woes

Our neighbours are selling - for the ridiculous price of R1.35m - for a house that isn't much and 7 acres. Prices have gone through the roof here - although it would be wonderful to buy the property next door and would be the answer to all our problems it just costs too much. While I won't be sorry to say goodbye to the present Plot 2 people at least they were quiet, unobtrusive even if weird. What happens if we get some townies with buzz bikes and noisy parties - help!

This has spurred me on to start browsing the property pages again - especially since sarah & Charlie have sold and need to move before June. We went to look at one place together - we both have the same goals, want a small farm with a reasonable house but neither of us have enough money- so I suggested we look at a place that had 2 houses and we buy it together and then sub-divide. So, we went to have a look at a place in Hartzenbergfontein - asking price R4.5 m but the neighbour reckoms we could get it for R3m. Its very nice even though it is on the main road but even though we would go into a business partnership legally it is still a scary prospect! The main road will eventually become a double carriageway but the development on either side will be limited to tourism and home industries - not light industry.

Anyway - stuff to think about! I was working out bond repayments etc but then realised our ages - we don't have 20 years to pay it off any longer! Horrors!

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