Buying your first home is a major milestone, however, there are a few points to carefully consider from both a financial and personal perspective to ascertain if you are really ready. "Buying your first home is very exciting but is not always a straight forward decision as it requires you to be in a sound position with your own finances, have a good grasp of the increase in expenses as well as the additional responsibility that comes with owning a property," says Dr Simphiwe Madikizela, head … [Read more...] about Six indicators that you are ready to buy your first home
first time
Common first time home buyer mistakes
Purchasing your first home is an exciting time in your life; however it can be a complex process that requires a lot of research. Albertus Van Staden, Head of Credit at FNB Housing Finance explains some of the most common mistakes first time home buyers tend to make. Affordability Affordability will often throw a first time home buyer off because it is not a simple calculation. "Often first time buyers are overly optimistic about their affordability," says Van Staden. "Merely taking … [Read more...] about Common first time home buyer mistakes
