The Insider has started a blog for its book- How to Buy a House for Half the price to promote the book and to write about the latest housing trends in South Africa.
The last report The Insider had was that about 450 000 people could lose their homes because they were failing to pay their bonds.
Our book can help thousands save their homes from repossession.
If you have a 20 year-bond for R300 000, for example, and you lose your house after 10 years, that is half way to paying it off, you would be throwing R320 000 down the drain as this is the amount you would have already paid.
Yet if you only increase your fixed bond payment by R100 a month on the standard R300 000 bond, you will reduce your repayment period by nearly two years, or 22 months to be exact.
The book is available from Kalahari books.
(40 VIEWS)
0 Comments