For many home buyers, the consideration ‘s the property’s be the a property and not far focus try reduced towards financing element beyond the facts you to definitely a house can be a very good enough time-label money, although not, information their equity helps make a significant difference when you look at the managing finances, and work out home improvements and building money throughout the years.
This is according to Cobus Odendaal, Chief executive officer off Lew Geffen Sotheby’s Internationally Realty during the Johannesburg and you can Randburg, exactly who shows you: Home security is the monetary risk you may have of your property, and if you’re like any anybody, it is a giant part of the overall net really worth. (more…)