Applying for a home loan? Here’s how a bond originator can help
Every few years, someone raises the issue of how bond originators like BetterBond get paid - usually to ask whether the commissions that banks pay originators are not being passed on to consumers in the form of higher interest rates on the home loans obtained through originators.
And the answer? No, they are not. On the contrary, consumers who apply for home loans through an originator almost always end up paying a lower rate than they could have negotiated on their own.
“It’s important to understand that the commissions paid to originators have nothing to do with the interest rates that consumers are charged,” says Rudi Botha, CEO of BetterBond, national originator.
Buyers and sellers, tips to avoid costly property transfer delays
In complex, protracted transactions like property sales, delays are not only frustrating, they can also be extremely costly - and may even torpedo the deal completely. However, while some delays cannot be foreseen, it’s possible to exponentially reduce the risk by doing your homework and having all your ducks in a row from the onset according to Jill Lloyd, veteran agent and Area Specialist in Rondebosch and Claremont for Lew Geffen Sotheby’s International Realty.
“Essentially there are two primary types of delay - the first relating to the confirmation of the sale and those that occur once the sale has been confirmed and hold up the transfer,” she says.
“Property transactions are known to be lengthy processes with multiple steps and reams of documentation, and once the potential minefield of suspensive conditions and contractual obligations has been successfully navigated and the deal is finally done, many people breathe a sigh of relief. But the expected downhill cruise to transfer can still become an uphill battle if one isn’t careful.
A beginner’s guide to finding the right rental property
While the pursuit of a rental property can be seen as less of a complex decision than the decision to buy, it is still a decision that should be carefully considered and made only after deliberation and consultation with a qualified real estate agent.
“Renting is the prime option when you are looking to secure a place or residence but are not necessarily in the position to make the move permanent at the time. This beginner’s guide to choosing a rental property allows the lessee to consider all aspects before venturing into the rental market for the first time,” says Glenda Taylor, Principal of Greeff Rentals.
According to Taylor, you can use the following points as a guide when you are in the market for a rental property: