Here’s how to start your property portfolio and own your own property with only R10 000
Is it possible to own your property if you only have R10 000 available secure it, with no home loan? “The answer is yes. There is a well-known concept used by seasoned investors called ‘OPM’, or ‘other people’s money’, and there is no need to think that you must amass a small fortune before you […]
Stuck with a too high interest rate on your home loan? Here is how to save thousands if you renegotiate
Raising a home loan is often the one of the most stressful times in one’s life – but don’t forget, renegotiating a lower interest rate a few years later can save you thousands of rands. You have nothing to lose, so it’s worth a try. CAR PREMUIMS ARE REDUCED If you insurance a car, the […]
FLISP SUBSIDY BUYERS CAN NOW QUALIFY FOR A HOME LOAN OF UP TO R 870 000.00 & FLISP HOME BUYER CAN SAVE CLOSE TO 50 % OF HIS HOME LOAN – READ MORE HOW IT IS ACHIEVED
Good news for property buyers, but even better news for property developers and sellers. The affordability ceiling of a first-time buyer who qualifies for a Government FLISP subsidy has been increased from the previous average home loan amount of R 680 000.00 to a value of up to R 870 000.00. This is a significant property price […]
You don’t need to be tied to your home loan interest rate
Raising a home loan is often the one of the most stressful times in one’s life. Renegotiating a lower interest rate a few years later (anything between 1-10 years later) can save you thousands of Rands. You have nothing to lose then, as your home loan is already approved. “If your own bank does not […]
Here’s how R35,000 buys you a R1M home
Can you invest in property if you only have R35,000 available? The answer is yes. There is a well-known concept used by seasoned investors called “OPM”, or “other people’s money”, and there is no need to think that you must amass a small fortune before you can start investing in property. Start as young and […]
Rent2buy – Get our name and details on the Rent2buy waiting list
With home buyers finding it increasingly difficult to secure a home loan to fit their needs, the Rent2buy concept is proving an even more popular way to secure your own home to purchase. Lending institutions are granting less 100 % home loans and deposits of between 10 – 15 % are required. How does Rent2buy […]
Pay extra into your bond and save thousands of rands
HOW TO PAY OFF A BOND FASTER http://www.property24.com/articles/how-to-pay-bond-off-faster/12194 Many consumers aren’t aware that even a small additional payment into their home loan account every month can make a big difference. Meyer de Waal – attorney & My Budget Fitness director says – make use of the unique Avid calculator: If you have extra money each […]
How to deal with illegal garnishee orders
My Budget Fitness and Rent2buy, in the quest to assist home buyers to clear their debt often encounter home buyers who have garnishee orders against their names. Many times these garnishee orders are illegal. These garnishee orders prevent them to obtain a home loan, or even enter into a rent2buy or similar transaction to secure […]