This is a question asked by so many South Africans and there is simply no correct answer! For some, it makes more sense to buy a home, for other renting seems to be the better option. We have compiled a list of pros and cons of buying and renting property. Hopefully after reading this article you will have a better overview of the difference between buying or renting a property.
Property Tips
Renting vs. BuyingThis is a question asked by so many South Africans and there is simply no correct answer! For some, it makes more sense to buy a home, for other renting seems to be the better option. We have compiled a list of pros and cons of buying and renting property. Hopefully after reading this article you will have a better overview of the difference between buying or renting a property.Tips for a New Home Buyer
Start saving for a deposit and registration & transfer costs. You may qualify for a 100% home loan, or a 108% (which will then cover the registration & transfer costs), but you must also keep in mind, that your financial situation may require you to put down a deposit in order to qualify for a certain home loan amount. Read more... |
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