COMMERCIAL INVESTING
it ’ s essential that bondholders approach their lender directly , and as quickly as possible .
Lenders are typically very willing to offer compromises . However , he urges bondholders not to mistake this helpful attitude for general leniency .
It ’ s absolutely critical that bondholders honour the new agreements they make with their lenders . Not doing so risks adversely impacting your credit rating , and could see your new agreement revoked entirely .
credit record , empowering yourself with accurate information , and making better financial decisions as a result .
Use the BOND CALCULATOR to determine your monthly home loan repayments , how much you can afford to borrow , and what deposit amount is required .
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Of course , it ’ s far better to avoid getting into these kinds of circumstances in the first place . That ’ s not always easy as a newcomer to the world of home finance , but can be more achievable with the help of free services like prequalification .
Prequalification isn ’ t just about getting a piece of paper to strengthen your offer to purchase . It ’ s also about gaining insight into your finances , polishing your
Leondard Kondowe Finance Manager Rawson Property Group
126 NOV 2022 SA Real Estate Investor Magazine