Tips for first-time buyers on choosing the right propertyPurchasing your first home is an exciting adventure, but it can also be an extremely stressful one. There are so many aspects to consider when making such an important life choice. Budget - how much can you afford to pay? Which bank or financial institution - who should you approach for a home loan? Who will give you the best rates? Deposit - how much will you need upfront? Term of the loan - what can you afford monthly to limit the length of your bond and reduce the interest you pay but without compromising your current lifestyle standards? Location - where will be the best place for you to buy? With so much to contemplate, Greg Brown, Director of LexisNexis Data Services, providers of the online Lexis® PropIQ search engine, offers first-time buyers a few tips to make life a little easier. “Buying your first home should be thrilling, not terrifying,” Brown says. “Yes, there are lots of important considerations to take into account but choosing your home should be the fun part!”
“Conducting your research in the comfort of your own home or at your desk saves time – and as we all know, time is money,” Brown concludes. “A reputable search engine will give you comparative prices for similar properties sold in the area, helping you to make a decision of what to offer the seller. By knowing the property’s amenities, you will also be able to determine the future saleability of a property you are considering, and how that location will meet your stage-of-life requirements.” For more information, visit: https://www.lexisnexis.co.za/lexispropiq About Greg BrownGreg Brown is a director at LexisNexis South Africa (LNSA), heading up the Data Services division. In addition to his senior leadership role Greg has a special interest in evolving technologies, innovation and new business development. Greg holds a BCom Honours from the University of KwaZulu-Natal and an MBA from the University of Cape Town and was appointed to the board in February 2012. About LexisNexis Legal & ProfessionalLexisNexis Legal & Professional is a leading global provider of legal, regulatory and business information and analytics that help customers increase productivity, improve decision-making and outcomes, and advance the rule of law around the world. As a digital pioneer, the company was the first to bring legal and business information online with its Lexis® and Nexis® services. LexisNexis Legal & Professional, which serves customers in more than 130 countries with 10,000 employees worldwide, is part of RELX Group, a global provider of information and analytics for professional and business customers across industries. About LexisNexis Data ServicesA division of LexisNexis South Africa, LexisNexis Data Services assists corporate and government entities to uncover the information they require to get a complete picture of individuals, businesses and assets. Industry-leading solutions such as Lexis ProcureCheck, Lexis Diligence, Lexis RefCheck and LexisWinDeed make it easier for organisations to carry out background screening, access public records and other key data sources to conduct the necessary due diligence required to protect their business and comply with local and global legislation. With the most comprehensive collection of data sources in South Africa, LexisNexis Data Services quickly and efficiently delivers specific, in-depth information to address any industry-specific need. For more on LexisNexis Data Services visit www.lexisnexis.co.za/data-services.
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