Property Matters | Get your finances in order | 09 March 2020

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The ability to buy a house starts years before you sign on the dotted line. On this week’s PropertyMatters, euphonik speaks to an expert that weighs in on the financial preparation that goes into buying a home. BetterBondSA

Trump has been heavily rebuked for repeatedly contradicting the advice of his administration's experts in his public pronouncements about the coronavirus.

 

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euphonik BetterBondSA The other costs that need to be highlighted are bond origination costs, transfer fees and transfer duties. These are in the 10's of thousands of Rands and need to be saved up.

euphonik BetterBondSA Do I have a chance while earning less above 8 000 grand to buy a home

euphonik BetterBondSA Don't get me wrong. I have nothing against people that can afford it and have worked hard for it. My frustration is What is the reasons behind housing being so expensive? Why do we have to pay for others failure deliver Corruption noidea notforthepeople

euphonik BetterBondSA Nobody is prepared to get financially raped to buy a house. The fact that you paying back more than double the value of the house you signed for is the reason why people can't afford to buy house in the first place. The lowest income bracket can't even afford to feed a family

euphonik BetterBondSA Tip: Do not use the words 'safe haven' on a loan application. You will find that banks will not approve your application. Rather use the words 'Long term investment' in your reasons. It's more effective.

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