Property sales

question

Posted by: | 2014/11/03 11:48

What are the "things" that I should look for in buying property ?

Would like to know the fundamental guidelines that I should use in purchasing any building.

expert answer

Posted by: Carol Reynolds | 2014/11/03 12:49
Property is a great investment, so always try and buy the worst house in the best area. Ideally, you want to ensure that you have good capital growth, and hence area is critical. If you are buying in a complex, ensure that the body corporate is healthy and the financials are good. Things like parking bays are also critical - rather buy a one bedroom unit with a parking, than a two bedroom unit without a parking. Also consider whether the banks will finance a complex - some blocks of flats struggle to get bond finance and these should be avoided. 

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user comments

Posted by: Benjamin | 2019/01/02 07:43
Hi, If I may please ask; Is it possible to get two Home Loans at the same time? I have recently started working and would like to build a house for my dad but at the same time would like to purchase a house for myself. I was wondering if there is any possible way to kill these two with one stone as I believe that it will take long for me to qualify for the second loan if I only focus on one first. Please advise on the best possible approach for this. My income before deductions is R25 000, about R18 000 after deductions with roughly R9000 of monthly expenses. Looking forward to you favourable response.
Reply to Benjamin
Posted by: Carol Dundas | 2014/12/18 08:43
Please could you advise as to who I could contact with regards to government housing subsidies for first time home buyers?
Reply to Carol Dundas
Posted by: Anonymous | 2014/11/06 08:14
RONDOMLY APPLIED LOAN, FORMS NEEDS OFFER TO PUCHASE WHICH AGENTS ARE NOT WILLING TO GIVE ANY PERSON AS THE COMMISSION CLAIMING DOCUMENT. WHERE CAN I GET AS SIGNED TO APPLY HOME LOAN , I DON'T KNOW HOUSE OWNERS?
Reply to Anonymous

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