July 12, 2023

Deciphering the dilemma: To sell or not to sell your property amid financial strain

Given the current economic climate, many homeowners in South Africa might find themselves facing the challenge of keeping up with their monthly bond repayments. In such instances, it may be tempting to consider selling the property to relieve financial pressure. However, before you make a hasty decision, it is crucial to understand all the factors involved and seek expert advice. Owning a home is a significant financial commitment and one that needs careful consideration, especially when financial circumstances become strained. A knee-jerk reaction to sell may seem like a straightforward solution, but it’s not always the wisest course of action. […]
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