Buying a home is most likely the biggest investment you will ever make, yet most people do more research about the features and specifications of the new mobile phone or car they want to buy, than buying a home. Yet, faced with a mortgage loan that may take 20 years to pay off, they also do little to prepare themselves for a home loan application and know how to negotiate the best interest rates possible.
My Ten Top Tips for Home Buyers are as follows:
Meyer de Waal is a property lawyer, (conveyancer) and public notary and practice in Cape Town and director of the law firms Oosthuizen and Co Meyer de Waal Inc and a member of the Wills Estates and Trust committee of the Western Cape Law Society. He regularly lectures on property structures, estate planning, affordable housing projects, access to government subsidies for first time home buyers, home loan education (appointed by a leading bank for their “borrowers education” product), and assist home buyers with innovative solutions to buy their own homes and most recent developed an unique online process to assist home buyers to pre-qualify themselves for a home loan.
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