buy a house with zero money
can you do it well let's go and talk
about it if you haven't watched this
channel before it's rob guilty it's all
about property it's all about cape town
a little bit of fun let's go check this
out
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yeah can you buy a house with zero money
there are so many videos out there
tell them buy a house with zero money
buy a house with a thousand
bucks buy a house with zero dollars zero
rounds whatever
okay so i want to discuss that with you
guys today
can you actually buy a house with zero
money
well okay you can buy a house
all right if you have employment
or income with zero money
well i wouldn't say zero what i would
say is you won't have to put a deposit
down
so you can get a 100 bond loan
home loan and you can purchase the home
if you've got a great credit record and
you've got an income
that you can prove right that's a way to
buy a house with zero money but when
they say
zero money you tend to forget about
things like
costs right
because lawyers want to be paid the home
loan originators want to be paid the
home loan
lawyers want to be paid and there's
registration
costs of the home loan and there's the
transfer duty which you cannot get away
with okay
unless it's under a million rand right
so if you're buying a property for under
a million rand
then you get away with very low costs
just for the attorneys
and the mortgage the loan you're going
to pay on that
now there are banks that will offer you
105 percent
which is crazy how it's coffee without
let's have some coffee
don't forget the coffee
always good anyway so most banks that
will
offer that 105 will only offer it to
a very specific number of clients
not everyone will get
this home loan okay this is unique
and very seldom that you can even get a
hundred percent loan
so don't go out there thinking i'm gonna
get this
if you're looking at this scenario do us
all a favor
and go and get pre-approved and go down
to my description below
in the box and you will find a link
there where i'll
contact you and i can get you approved
for a home loan or pre-approved or
whatever the case
at least know what you can and cannot
get before you go and start
looking and thinking i can buy a house
with no money
because some can some con okay
and if you've got no money and you don't
have the backing
you probably don't have the history that
will give you a hundred percent loan
because loans are given to those that
don't need them
nine times out of ten and uh that's
where the problem normally lies
okay so all these guys are boasting i
can get you a home with zero money
yeah you can but it's it's very
complicated and that's it's mainly for
people that actually don't even need
that kind of loan
so all i'm saying too is be very careful
of jumping into that and thinking oh
that's what i'm gonna get
so yeah so that's just it guys i'm just
saying yeah you can but uh
was not easy and you still need some
money to pay the lawyers to pay this one
and to pay that one
it doesn't fall out the sky guys
go down check out the millionaire real
estate agent if you're a real estate
agent it'll help you in your in your
career
and thanks for watching and uh if you
enjoyed this
like comment and subscribe
it's all next week guys it's real
teachers
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my
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