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What to avoid during the home buying process

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Cape Town - While the majority of buyers will require a deposit when applying for a home loan, this is not the only financial consideration that they will need to be taken into account, according to Adrian Goslett, regional director and CEO of RE/MAX of Southern Africa.

He points out that there are several other aspects that prospective buyers need to keep in mind when preparing to purchase a property.
 
“Being prepared and having money set aside for the costs associated with a property purchase is essential, however, there are also things that buyers should avoid doing during the home buying process, as they could impair the buyer’s chances of obtaining the finance they require,” says Goslett.

“Ideally, buyers should avoid these financial missteps to ensure they maximise their potential for bond approval.”

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