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BUYING OR RENTING PROPERTY: WHO PAYS FOR WHAT?

Buyers are often shocked to find just how much they have to pay in transaction costs and just how involved the process of buying a property can be.

This is according to Dinis Martins, licensee for Seeff Somerset West, who says that now is a fantastic time to buy, and with the interest rate drop, property is more affordable than it has been in years. People will always buy houses, regardless of the economy.

“And don’t waste a good crisis, get into the market now. The banks are keen to lend but know what you are in for cost-wise,” says Martins.

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