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Edition 23 of 2007, Friday, 15 June 2007
Dear Reader
Applying for a home loan under the new credit act is not
all that bad. We all assumed that applying for a bond will take
longer even if you have a well paying job and a spotless credit
record. I applied for a bond this week and have already received
my answer. The only "funny" thing was the new Final Grant
of Quotation that the financial institutions now have to issue.
United States - the updated U.S. housing valuation analysis shows
a widely dispersed drop in single-family home prices, resulting
in a continued decline in the incidence of overvaluation in the
nation's housing market. Is this going to happen in South African?
Real Estate News - USA - House prices drops
Looking for a place to buy as a first time buyer? Experts say that
some of the new buying hot spots are in areas you would not really
have thought of buying in before, but you might be surprised and
even find a real gem, Reinventing suburbia
"Planning is key to successful homeownership and the first
thing to plan is how to afford your first property".
So says Dr Willie Marais, president of the Institute of Estate Agents(Ieasa)
Plan ahead for home ownership
The
numbers of black buyers in South Africa buying property at auctions
is increasing. This in not just the case in buying property to live
in but also for investment purposes. More blacks at property
auctions
We received a request on what the prime interest rate history was
from mid 2006. I found this very interesting. To read more visit
our CyberProp.com
Blog.
Enjoy!
The editor

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