Do You Have Limited Cash for a Deposit and Transfer Fees?
The economic climate is an ever changing landscape and its hard to say whether you will ever be able to apply for a 110% of the bond value plus costs again for a while.
The fact still remains that you will need to pay for some costs when buying your next home.
"It depends" is my favourite answer in such a case.
How much are you looking for and what is the lending criteria of the banks today?
You see, it changes as the economy passes through various cycles of supply and demand and you have to be prepared for that. The banks lend according to their own lending strategies and risk appetite at the time and you have to be prepared for this.
The fact still remains that you will need to pay for some costs when buying your next home.
"It depends" is my favourite answer in such a case.
How much are you looking for and what is the lending criteria of the banks today?
You see, it changes as the economy passes through various cycles of supply and demand and you have to be prepared for that. The banks lend according to their own lending strategies and risk appetite at the time and you have to be prepared for this.
"I personally don't like my destiny to be controlled by others so I look for alternative ways to do things. I prefer to be able to purchase property when it suits me and that's that!" - Frank Steyn
Let Me Show You How Easy It Is To Buy Your Home Without Using the Bank!
My powerful secrets have finally been revealed and I will show you how to buy almost any house in any area in South Africa!
This is despite being blacklisted or having limited cash, or having ITC issues. Yes, this is a pretty bold statement! I have to back it up with something and I am going to show you how, but this means you will have to spend some time here. Therefore, if you really want to own a home using this powerful technique then you need to read further. Read more about the Lease Purchase Training Course |