Bridging finance and smart financial solutions for Sectional Title Schemes

--:--
Pearl Scheltema interviews Michael Schaefer, founder and CEO of ZDFin, a specialist finance company providing smart solutions for Sectional Title Schemes. Many Sectional Title Schemes are still challenged in raising adequate reserves to fund large maintenance and capital projects, which may or may not form part of their 10-year maintenance plans and Pearl and Michael discuss how ZDFin’s solutions can help Schemes. They also discuss when Trustees should consider approaching companies that provides Scheme Finance, negative connotations with Scheme Financiers, and whether this is warranted or not. To find out more about Fitzanne Estates, please visit www.fitzanne.co.za
28 Oct 2020 English South Africa Business

Other recent episodes

Managing Holiday Stress in Community Living Spaces

In this episode of Fitzanne's Property Exchange, hosted by Pearl Scheltema, we explore the challenges of communal living during the holiday season. Our guests, Zerlinda van der Merwe, Co-Founder and Director at TVDM Consultants, and Willie Roos, CEO at Stratafin, provide expert insights into managing common disputes in community schemes…
22 Dec 2023 24 min

Everything you need to know about solar in Sectional Title Schemes

Installing solar energy in Sectional Title Schemes in South Africa can be challenging due to several factors. Despite these challenges, there is growing recognition of the benefits of solar energy in South Africa, including reducing dependence on fossil fuels, lowering electricity costs, and promoting environmental sustainability. Efforts are being made…
2 Jul 2023 21 min

Key Insurance Considerations for a Body Corporate Before Installing Solar Panels

As a result of the ongoing problems with load shedding, many sectional owners are looking into alternative and renewable energy options such as solar panels to reduce the impact of load shedding on their homes. A common question, therefore, being raised by sectional owners is whether they are permitted to…
12 Jun 2023 31 min

Unpacking Annual Auditing in Sectional Title Schemes and HOAs

Sectional title legislation requires schemes to have their annual financial statements audited and presented to the members for their consideration at a general meeting, and it must be done within four months of the scheme’s financial year-end. Additionally, the annual general meeting (AGM) is required to be held within four…
18 May 2023 18 min

Part 2: STS Building and Property Development Regulations Trustees Must Know About

As a homeowner in a Sectional Title Scheme, you may wish to make changes to your property to improve its functionality or aesthetic appeal. However, the process involved in making alterations can be complex and requires careful consideration to avoid potential disputes with your neighbors or the Body Corporate. In…
30 Apr 2023 20 min