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Posts Tagged 'bond origination'

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Why Bond Insurance is Important in South Africa

Although bond insurance is not compulsory, it can be considered very necessary. We know that there are many costs that come with owning a home and “yet another insurance” is possibly the last thing you want to consider.

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How to Get the Most Out of Your Building Insurance

The unfortunate reality is that structural damage can happen to anyone. Such damage can be caused by fire, floods, hail, lightning, and burst geysers or pipes. Although building insurance can feel like a grudge purchase to some, having it prevents homeowners from digging into their life’s savings to pay for structural damage.

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Why You Need Property Insurance in South Africa

Building insurance is exists to cover the physical structure of your home, along with all permanent fittings and fixtures. In addition, it can also cover you for other liabilities such as personal injury on-site.

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Who Pays for What During the Transfer of Property?

When it comes to buying and selling property in South Africa, both the buyer and the seller have certain financial obligations. It is crucial to know what these obligations are before pursuing the transfer of property is crucial and will help you prepare for it before you sign a contract.

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South African Property Market – Rode’s Report

South Africa’s property sectors are feeling the negative effects of local and global economic growth. This coupled with higher inflation and interest rates than were expected in the first quarter, people are left wondering whether this is a good time to purchase property.

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Interest Rate Hikes – There is Hope in the World of Real Estate

Our independent bond originators in South Africa have been following the market closely and aim to put your mind at ease as we explain how home owners, landlords, and tenants can still benefit from staying in the property market.

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Foreigners Buying Land in South Africa

The good news is that buying land in South Africa as a foreigner is possible. However, there are a few things to be aware of if you are a foreigner wanting to invest in property in South Africa. In this article, we answer some of the questions you might have about buying land in South Africa as a foreigner.

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Be Aware of This Clause in Your Offer to Purchase

An offer to purchase (OTP), sometimes referred to as the sale agreement, is a legally binding contract between the buyer and seller of a property. This document governs the sale agreement entered into by both parties.

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Self-Employed? Preparing a successful Home Loan Application

Self-employed home loan applications are notoriously more difficult to get approved than other types of applicants – but they don’t have to be. In many instances, self-employed purchasers can afford the bond… it’s just about knowing what documents are needed. Understanding what the banks require and why is the best starting point for applicants.

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Interest Rates Are Rising, Should I Fix My Home Loan Rate?

With the Russia – Ukraine conflict in full swing, the economic growth prospects of a world reeling from the effects of the Covid-19 pandemic look bleak. A decline in the energy and food production sectors will certainly result in the disruption of global trade, while pushing inflation higher.

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