Can’t pay your home loan? Here’s what to do
For thousands of South Africans a buying a house or apartment is one of, if not the biggest financial investment they’ll ever make. “Everyone needs somewhere to live and, in most cases, I would advise people to buy, rather than rent as they’re investing in their own futures as opposed to paying off someone else’s mortgage,” says Bruce Swain, CEO of Leapfrog Property Group, “That being said buying a house is an expensive undertaking and buyers need to be very sure they can make the monthly bond repayments.”