The True Cost of Owning a Home in South Africa: A must-know Guide! скачать в хорошем качестве

The True Cost of Owning a Home in South Africa: A must-know Guide!

Hey Boss babes! I’m Rudzie Mulovhedzi, a young and passionate real estate agent navigating the exciting world of property sales and helping people find their dream homes. 🌟 Here is tips on monthly cost of been a homeowner in South Africa. Home Loan Repayments: The largest monthly expense, depending on loan amount and interest rate. Homeowners Insurance: Covers the structure of your property against risks like fire or floods. Banks typically require this. Life Insurance (Bond Cover): Some banks require life insurance to cover the bond in case of death or disability. Rates and Taxes: Paid to the municipality for services like water, refuse removal, and sewage. The amount depends on the property value. Levies (For Sectional Title Properties): If buying a unit in an estate or complex, monthly levies cover shared expenses like maintenance and security. Utilities: Electricity, water, and refuse services not covered by rates. Home Maintenance: Regular upkeep and repairs, which homeowners should budget for. 3. Ongoing and Occasional Costs Security: Installation and monitoring of alarms, or community security fees. Garden and Pool Maintenance: If applicable, ongoing upkeep for outdoor areas. Renovations/Improvements: Optional upgrades to maintain or improve your home. Special Levies (Sectional Title): Unexpected costs for major repairs in a complex, like roofing or painting. ✨ What to expect: Day-in-the-life vlogs 🗓️ Stunning home tours 🏠 Tips for first-time buyers 💡 Real estate trends and market insights 📈 Fun moments and authentic real-life experiences 🎥 Hit that Subscribe button to join me on this journey—let’s explore homes, chase dreams, and create amazing memories together. Your dream home might just be one video away! 🗝️🔑 📍 Based in Midrand? | Let’s make real estate fun and relatable! 😊 Connect with me! Instagram:   / being_rudzie   Email: [email protected]