DJ Euphonik Gives People Advice On Buying Property #PropertyTalkWithEuphonik. Some of you want to own homes one day.
Some of you want to own homes one day. But do you know any information that you need to know when you want to own a property? If you don’t, have no worries because you have someone who can give you advice on what you need to know when buying a house. Music producer Euphonik went on Twitter to give people advice on what to know before buying a house.
The first point he made was that a person should investigate the future plans of the place that they would like to buy a property in. “Always investigate the future growth of the area you want to buy in. How you can find that out is by checking with the municipality what the future plans of the area you want to purchase in are,” says Euphonik. He went on to say that other areas may be far from your property. “Everything is far from your house, not the other way around.” The music producer says that banks penalise people that try to pay off their bonds quickly or try to sell the property quickly.
“If you pay off your bond quickly or sell quickly, the banks will penalize you. Remember, the banks are in the business of making money, so they’re essentially “out of pocket” as they’ve lost out on the interest they would have “earned” from your bond.” He ended the property talk by saying that you should build a relationship with a banker or home loans manager. Euphonik says, “Develop a relationship with a banker/ home loans manager, regardless of what your bank tells you. It’s a human being who turns down your home loan or fights for you to get it. Play the banks against each other if you must, to get a better deal.”
by Alexandra Ramaite