Comments on: You know you’re back in Africa when… http://langabi.name/blog/2008/08/12/you-know-youre-back-in-africa-when Paul Cook's blog Fri, 10 Feb 2012 20:45:55 +0000 http://wordpress.org/?v=2.6.2 By: Peter Knobloch http://langabi.name/blog/2008/08/12/you-know-youre-back-in-africa-when#comment-10084 Peter Knobloch Thu, 14 Aug 2008 11:25:04 +0000 http://langabi.name/blog/2008/08/12/you-know-youre-back-in-africa-when#comment-10084 The market is great for buying since property is so cheap, around the world. I heard of an agent in the US who offered a $400K for free if you bought a $1.6mil property. The problem is that it's really hard to get financing. My dad's in real estate and he says as much as 50% of his deals are falling through because banks are not approving loans... If finance is not a problem, I'd buy in the middle of Joburg... that way you're an equal distance from everything. Figure out how close to your family and your job you want to be. Don't forget that you could always get yourself a bigger place and have someone rent... that way they're helping you pay the bond! The market is great for buying since property is so cheap, around the world. I heard of an agent in the US who offered a $400K for free if you bought a $1.6mil property. The problem is that it’s really hard to get financing. My dad’s in real estate and he says as much as 50% of his deals are falling through because banks are not approving loans…

If finance is not a problem, I’d buy in the middle of Joburg… that way you’re an equal distance from everything. Figure out how close to your family and your job you want to be. Don’t forget that you could always get yourself a bigger place and have someone rent… that way they’re helping you pay the bond!

]]> By: elj http://langabi.name/blog/2008/08/12/you-know-youre-back-in-africa-when#comment-10080 elj Tue, 12 Aug 2008 23:10:50 +0000 http://langabi.name/blog/2008/08/12/you-know-youre-back-in-africa-when#comment-10080 Drive away quickly from the elephants - and <i>towards</i> the little baby lions! Don't run them over, though. Drive away quickly from the elephants - and towards the little baby lions!

Don’t run them over, though.

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