Rawson Auctions Jeffreys Bay

28/01/2024

Know the difference between MARKET VALUE and MUNICIPAL VALUE ✅️

MARKET VALUE is the value placed on your property by mainly financial institutions such as banks. It is common practise that a bank will only lend you the amount of money to buy a property based on what the property is worth.

Example: You want to buy a building for R1million but the market value is hovering around R800k in that specific area... The bank will finance only the R800k and ask you to add the rest... or they will decline your application based on the fact that they cannot find value for the R1million in the building.

MUNICIPAL VALUE is only used to determine the amount of rates & taxes an owner will pay on their property. It has little barring on the market and can at times cost you a little more per month if you do not understand the difference between the two.

Example: You get your municipal valuation certificate saying your property is worth R1million but your neighbours similar property gets a municipal valuation of R400k... in this event you might think your property is worth more than your neighbour, but in reality it means that you are paying more than double the amount on rates & taxes then your neighbour.

Tip: When you get your municipal valuation certificate and its more than your market value, you must object in writing to the municipality in order for them to rectify your valuation so that you can pay a fair amount on rates & taxes.

Blessings ✅️✅️✅️✅️more research on the topic above.

14/11/2023

3 Bedroom house for auction in Kwadwesi, Port Elizabeth

Going on Auction: Wednesday 29 November 2023
Reserve Price: R750 000.00 (All offers will be reviewed)

13/11/2023

Your Going Once Going Twice With Rawson Auction

08/11/2023

RAWSON AUCTIONS NATIONAL - JEPPESTOWN - COMMERCIAL
Brilliant opportunity to add to your commercial portfolio. New owner can tenant at R50 000.00 PM.

Opening bidding - Expected at R1.9M
Fantastic return on investment .

Auction date- 29th November at 12h00

For information contact [email protected] or [email protected]

04/11/2023

RAWSON AUCTIONS NATIONAL - OCEAN VIEW - BLUFF-KZN.
Three-bedroom house with a two-bedroom flatlet with stunning sea views.
Going on Auction: Wednesday 29 November 2023
Reserve Price: R4 250 000.00 (All offers will be reviewed)
Expected opening bid: R4 200 000.00

https://rawson.co.za/property/for-auction/rawson-auctions-western-cape/1227035

30/10/2023

"What lies behind us and what lies before us are tiny matters as to what lives within us" - Oliver Wendell

Congratulations South Africa you are World Champions ...Well done to to the team and all the supporters...Go Bokke ...Brilliant play!!!

As Siya said " This has given our country such hope. If we work together anything is possible." Let's do it !!!

25/10/2023

TWO BEDROOM STARTER HOME WITH LOTS OF POTENTIAL

Going on Auction: Wednesday 29 November 2023

Reserve Price: R200 000.00 (All offers will be reviewed)

23/10/2023

RAWSON AUCTIONS NATIONAL

Our main online auction takes place on the
- 25th October at 10hoo and 12h00

If you are buying or selling and would like to be invited contact [email protected] or [email protected]

21/10/2023

The greatest people in history are remembered for their heroic spirit.

We are behind our nation in full force.🎊🎉🍾🍾🍾🍾

We ready for thw English breakfast at night 🤣😂🤣😂🤣😂

19/10/2023

Fun fact:

Rawsons Auctions is your next best way to sell your property at zero cost to the seller.

19/10/2023

19/10/2023

Going on Auction: Wednesday 25 October 2023 Reserve Price: R3 500 000.00. (All offers will be reviewed) Expected Opening Bid: R3 200 000.00 Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer) Three-bedroom house in....