This is not just one large unwanted expense that owners are oblige to pay and unique to sectional title units and also not part of your home loan.
Full title owners and share block owners have the same obligations - that's right.
These are the kind of costs included in levies:
Water and electricity, refuse removal, gardening service, homeowner insurance, security systems, plumbing roof, painting, swimming pool, gym, cleaning materials and a management fee cost and all of this information is available from your body corporate.
Staying ahead of your finance, forex and real estate in South Africa.
Showing posts with label homeowners insurance. Show all posts
Showing posts with label homeowners insurance. Show all posts
Monday, 16 April 2012
Thursday, 4 March 2010
Saving money on home insurance
Home Insurance to cover your bond is one of those things in life, that you pay for ever month, and sometimes you think that it is a waste of time, effort and money.
Since the inception of the National Credit Act on June 1st 2007, individuals have been permitted to shop around for better quotes on their bond insurance, and not been forced to take out insurance with the bank’s insurers.
The problem with bank insurance is that it's expensive, but people get pressurised into using it and land up not going with a reliable home insurance broker.
Should the owner of the home become ill or incapacitated for any reason, the insurance will kick in, and the bond will be covered until the owner recovers. Leaving behind a family when you die is really hard on your loved ones left behind to deal with all the red tape that is so often the case when there is an estate to wind up.
STOP GIVING THE BANKS MONEY THEY ALREADY HAVE :)
The clever thing to do, is to ensure that you shop around for the best possible deal that is available for your house or home bond insurance , saving you thousands.
Save time, save money and get 9 FREE independent insurance quotes today.
Since the inception of the National Credit Act on June 1st 2007, individuals have been permitted to shop around for better quotes on their bond insurance, and not been forced to take out insurance with the bank’s insurers.
The problem with bank insurance is that it's expensive, but people get pressurised into using it and land up not going with a reliable home insurance broker.
Should the owner of the home become ill or incapacitated for any reason, the insurance will kick in, and the bond will be covered until the owner recovers. Leaving behind a family when you die is really hard on your loved ones left behind to deal with all the red tape that is so often the case when there is an estate to wind up.
STOP GIVING THE BANKS MONEY THEY ALREADY HAVE :)
The clever thing to do, is to ensure that you shop around for the best possible deal that is available for your house or home bond insurance , saving you thousands.
Save time, save money and get 9 FREE independent insurance quotes today.
Thursday, 26 November 2009
Homeowners Insurance
We know that home insurance is a grudge purchase, so we have partnered with the leading Insurers to save you some money and make that monthly payment an easier pill to swallow.As South Africans, we need to protect ourselves against theft and property damage, which means that partnering with the right company is key! Our partners are a mix of Direct and Traditional Broker insurers ensuring that you are provided with a choice between two different ways of doing business.
Homeowners insurance, is in fact the correct term for this product, which falls under the category of life cover. Homeowners insurance is also referred to a bond cover, bond insurance, property insurance, house cover and bond protector plans.
To give you a brief understanding of what this is, it's life cover for your bond. This cover incorporates various different insurance policies, some protecting you from personal cover such as ill health and loss of employment, other plans cover you incase of damages incurred due to lighting or floods.
No one likes to think that they might loose their home if they lost their employment or good health. The harsh reality is exactly that.
We offer over 7 independent quotes from different insurance brokers.
We also have contracts directly with ooba for the cheapest insurance on ooba buildings protector plan and ooba bond protector plan. For more information on these products please contact us directly on +27 12 341 2223.
OR GET A HOMEOWNERS QUOTE NOW:
We also have contracts directly with ooba for the cheapest insurance on ooba buildings protector plan and ooba bond protector plan. For more information on these products please contact us directly on +27 12 341 2223.
OR GET A HOMEOWNERS QUOTE NOW:
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