Who Owns Your Home—the Bank, or You?
With the majority of homes in South Africa being financed by the country’s largest banks, a common online debate persists: who truly owns a mortgaged home? Some believe that the bank holds ownership, but the reality centers around two key factors: The authority you assume once the bond is registered in your name; and The […]
Factors to Consider Before Negotiating Your Home Loan’s Interest Rate
As interest rates continue to rise, many homeowners find themselves contemplating the idea of fixing their home loan interest rates. Initially, when the interest rate hike began after the historically low rates experienced in 2020, experts advised against fixing rates. However, the landscape has evolved since then, and the decision to fix your interest rate […]
Navigating the Real Estate Market: Tips for Buyers
Understanding the real estate market is crucial when buying or selling a property. The market’s current favour, whether for buyers or sellers, significantly impacts your decisions and strategies. Buyers’ market: When the real estate market leans towards buyers, it signifies that there’s an abundance of properties available for sale compared to the number of active buyers […]