Everything Counts | Episode 8: What to consider when buying property
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Description
In this episode of Everything Counts, we dive into the essential considerations when buying property in South Africa. Join Motheo Khoaripe as he hosts Keshni July, Lending Product Owner at Investec, and Tsholofelo Mokoma, Property Practitioner at Re/max Horizon. Together, they unpack the step-by-step process, from getting pre-approved to closing the deal on your dream home. Whether you're a first-time home buyer, upgrading from your current home, or downscaling, this episode provides valuable insights to help you make informed decisions. Don't miss out on expert guidance that will make your property-buying journey smoother and more successful! Key Moments: 00:00 Introduction to the Episode: What to consider when buying property 00:55 Why pre-approval is Important for homebuyers 02:45 Choosing the right property practitioner 03:35 Additional costs to budget for when buying property 05:20 Understanding affordability and setting realistic expectations 07:00 The impact of interest rates on property purchases 09:00 Preparing for property investment at different life stages 13:00 Step-by-step guide to making an offer and closing the deal 16:00. The importance of home inspections 18:00 Final steps: transfer, bond registration and moving In Everything Counts is a bi-weekly podcast series that focuses on money and financial wellness. Hosted by 702's Motheo Khoaripe, each episode tackles various aspects of personal finance, including saving, spending, investing, pitfalls to avoid and tricks to succeed. The podcast aims to provide valuable information and expert guidance to help you improve your financial well-being. YOU MAY ALSO BE INTERESTED IN: Investec Private Home Loan No two individuals are the same. That’s why Investec will structure your home loan according to your needs and you'll benefit from market-leading interest rates. From application to approval and registration, your Private Banker will help you every step of the way. To find out more about the Investec Private Home Loan, visit our website and if you’re an Investec client, get in touch with your Private Banker. Investec Bank Limited is a licensed FSP. Terms and conditions apply.
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