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FINBOND (FPF) - BUY, NOTWITHSTANDING ECONOMIC CLIMATE!!
Sunday, June 22, 2008 (91 reads)


One assumes that Finbond Property Finance Ltd (FPF) must be operating in a fairly difficult market at the moment, especially with the number of new mortages slowing down as interest rates increase. This might be very true, but we get the feeling that the market has misunderstood how FPF generates most its profits.

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Ask your Mortgage Originator
Wednesday, June 11, 2008 (74 reads)


Mortgage originators give you independant advice on choosing a home loan that suits your needs. We answer the most common questions. My Mortgage Publication May/June 2008.

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ABSA HomeLoan - Mortgage advances growth slowing down further
Tuesday, June 10, 2008 (86 reads)


In February 2008, year-on-year growth of 23,1% was recorded in mortgage advances by monetary institutions (24,5% in January), according to data released by the South African Reserve Bank. This brought the total amount of mortgage advances to R871,5 billion in February. On a month-on-month basis, mortgage advances growth was lower at 0,8% in February from 1,2% in January.

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Sectional title know-how
Tuesday, June 03, 2008 (51 reads)


 

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Residential property gauge - Outlook for South African residential property remains bleak
Tuesday, June 03, 2008 (138 reads)


Standard Bank’s median house price fell to R520,000 in May from R530,000 in April. In May of 2007 the median house price had been recorded at R599,000. As a result the yearonyear growth in the median house price for May saw a significant decline of 13.2%. The five month moving average growth rate in the median house price was 5.5%.

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JUNE 2008 NEWS - SA HOUSING FOUNDATION
Tuesday, June 03, 2008 (71 reads)


Be aware of exactly what insurance cover is held by your Body Corporate in a Sectional Title Scheme so you do not end up liable for damages.

It is also important to know the value of the insurance cover to ensure it is sufficient to protect you from loss or damage to common property or personal injury that may arise, advises Brett Nicholson of Shepstone & Wylie Attorneys. Nicholson explains that the Sectional Title Act makes it clear that it is the responsibility of the Body Corporate to insure the building and all improvements to the common property within the scheme to their full replacement value, against any such risks and damages as may be prescribed.


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