Most South African banks offer home loans of no less then R100, 000-00. If you and your partner are both working and earning a salary, it is wise to jointly apply and in doing so you can secure a larger loan. After they have accumulated the required information and made known their decision, your next step will be to get in contact with the friendly people in the Real Estate fraternity. Estate Agents are fully trained and it is advisable to make use of the well known and respected Real Estate names in the business. They will be able to advice you on how to go about selecting the right option when buying your home.

If you as the first time home buyer do not want to buy a house by making use of the Real Estate Agents, there are quite a few other options as well. There are home owners that feel they can save some money if they should sell their properties themselves. If you are interested and would like to shop around, you can log onto various websites who will bring you into contact with private property sales. The financing of the property will still have to be done by the financial institutions, so it is not an easy way of buying a home; it is just one of the many options that the law on housing sales has made available for the use of the public.

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