@F1 - I bought the plot for around 400k in 2015 and the plan is to build a holiday house - I gave 200k from my pocket and bonded the rest for the purchase.
Decided to start building about 6 months ago and already spend around 180k on the foundation from bank loans and my own money - Now Im...
At the moment my debt and loans on the foundation comes to about just over 14k pm - hoping to reduce that to the value of a million rand bond - So about 10/11 k a month
The problem with that is, the bank finances certain stages of the build and then bonds the completed house
I however want to use some of the cash to consolidate my current debt and then use the rest to build - So will need a lump some of money to do so
Hi All
Need some advice or guidance
I'm in the process of building a house and have spent much of my money on the foundation (unplanned for challenges)
I now need approximately 700 thousand to complete the build and these are a few ideas that I've had, since the bank doesn't finance 100% bond...
Hi All
Need some advice or guidance
I'm in the process of building a house and have spent much of my money on the foundation (unplanned for challenges)
I now need approximately 700 thousand to complete the build and these are a few ideas that I've had, since the bank doesn't finance 100% bond...