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Articles matching "bank"

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Bank sales for property in possession
This is how you can buy a property in possession on auction.
Kissing letters: how to secure property finance when the bank declines an application
Kustingsbrief or kissing letter is a mortgage bond arrangement in property finance. This is what you need to know about Kustingsbrief.
Bank values vs bond amounts
Not much is quite as frustrating as finding the home of your dreams at a price you can afford, only to discover that the bank is unwilling to grant a bond because they don't agree with the ...
Don't Bank on it
The National Credit Act has completely changed the way that banks do business. In a nutshell, if they are caught lending irresponsibly, they have to face the music and are liable for a hefty fine. This, coupled with the banks’ ...
You Can Bank On It
It would be safe to say that the rising cost of living is impacting the daily lives of more and more South Africans. Everything is becoming more expensive, from the food we eat to the petrol we put in our cars and the ...
Don't Bank on It
Those serious about buying their first home need to get their ducks in a row long before they start to scour property sites. The National Credit Act, which was introduced in 2007, has forced credit providers to rethink their ...
Bank on a home inspection
The home inspection industry is presently unregulated in South Africa and as with anything that isn’t regulated, is open to abuse. While there are many reputable companies out there who employ the right people, there are ...
Don’t Bank on It
You have seen the house that you want to buy; you have saved for the inevitable deposit, now are you ‘A’ for away or is it time to go to plan B? Regardless of how well you think you understand the buying process, times have ...
Approach Your Bank Early In Tough Times
The average home loan period spans twenty years, a relatively long period during which there are likely to be several financial ups and downs. Chances are that homeowners will face tough times at some stage during this time ...
Buying property from bank sales
Simon Bray tells you how to go about buying property from a bank sale.