How to spot a Financial scammer!
Although we love the internet and social media there are unfortunately a lot of scammers out there offering all types of dodgy loans and trying to sell fake financial products. Which makes it very hard for legitimate Bond Originators and Financial Institutions to sell...
When is the best time to buy your first home?
Our clients often ask " When is the best time to buy your first home?" Although most first-time home buyers start in their early 30's there are a number of long-term financial benefits for those who buy earlier. • Despite our economic climate, South Africa is still in...
Is downsizing your home in your best interest?
Interest rates are increasing and times are tough, but downsizing your home might not be in your best interest! As household expenditure increases, more and more people are considering downsizing and selling their homes. However, before you do that, take on a simple...
The benefits of using Select a Bond to secure your home loan!
The benefits of using Select a Bond to secure your home loan! We secure a choice of approvals: 1) We have a high approval rate as we submit to multiple lenders (ABSA, FNB, Standard Bank, Nedbank, Investec, RMB & Sentinel Homes) A system that works for you 2)...
Would you rather pay 11.25% interest or 100% interest?
These are your options, pay 11.25% interest on a home loan or 100% interest to your landlord? Although the interest rate may have gone up by 0.50%, it does not change the fact that the interest rate on renting a property remains at 100%. Your monthly rent payment is...
South Africa is the ideal location for international property investments!
South Africa's exchange rate and luxury housing in breath-taking locations is an ideal situation for foreigners who are interested in property investments! They can invest in the South African property market individually or jointly, or by acquiring shares in a...
One of the first things that the bank will do when determining the value of your home loan is to look at your CREDIT SCORE!
One of the first things that the bank will do when determining the value of your home loan is to look at your CREDIT SCORE! You can take these actions to improve your credit score... 1) Always double-check your credit report and ensure that you contest any...
Why rent a property when you could own it?
It makes good financial sense to pay off your home loan instead of your landlord's. And the good news is that you now no longer need to deal with a landlord! That’s right a landlord cannot threaten to evict you and because it is your home you can live by your rules....
Not all experience is created equal!
At Select a Bond we have a combined experience of over 46 Years within the property and finance industry. This means that we have grown and built relationships with all of the current decision-makers and we know all of the tricks of the trade. This includes how to...
Do you qualify for FLISP?
If you are a first-time home buyer that has never benefited from a Government Housing Subsidy Scheme or received a home loan from a bank - but you would like to buy your first property, then you need to ask yourself the following questions: 1) Are you a South African...