Buying a house

[Jamal]

I currently live in a 2 bedroom flat with a flatmate in Centurion. I pay R2500 per month. I'm thinking of buying my own flat at the same complex I reside in at the moment and share it with someone, which means he/she will help me pay for my mortgage. I worry though about a few things, like what if in a few years from now roaches start roaming around? There aren't any that I've seen so it's all good, but I absolutely hate roaches. Don't you guys worry about something (beyond your control) that might creep up in a few years after buying a house?

I would worry about a political revolution and having your property expropriated by the state.

 

[ice_cubes]

or not being able 2 repay your bond or getting a tenant who refuses 2 pay rent & squats in your flat

 

[ice_cubes]

There are also ways that the father can defer the full settlement amount and write it off from his estate at death. There are options that need consideration and a competent legal opinion would be best.

+1

Where the father donates his Usufruct to his son NOW & donates the bare dominium when he dies.

 

[Cicero]

I currently live in a 2 bedroom flat with a flatmate in Centurion. I pay R2500 per month. I'm thinking of buying my own flat at the same complex I reside in at the moment and share it with someone, which means he/she will help me pay for my mortgage. I worry though about a few things, like what if in a few years from now roaches start roaming around? There aren't any that I've seen so it's all good, but I absolutely hate roaches. Don't you guys worry about something (beyond your control) that might creep up in a few years after buying a house?

Roaches?! Honestly....thats the worst thing you can think of?! Dude...

 

[phoneJunky]

Roaches?! Honestly....thats the worst thing you can think of?! Dude...

I think it is because he had problems with roaches at his previous place.

And Sly,

We looked at flats at the same time last year if I remember correctly, I bought a house instead and even though the first year was really difficult, I am paying about R3000 on my own bond as my cousin who was my flatmate still stays with me and pays the same amount as we did in the previous place. Around next year I expect to be paying less on my bond than the people that will rent a two bedroom flat and share the costs.