had we all started that young we'd be sooo far in life!so good job,keep doing that and you'll be proud of yourself in a couple of years when you see how you make financial decisions vs people that have no financial literacy.
I am 22 and looking forward to buying my own property in 2 years. Lol I write down every term I do not know that you're saying and do individual research on how it works, your videos are clearing the cloud away...thanks❤
Buying a house is not the only way to own/have a house. Owning a house is not the only way to have a house. Answer these questions for yourself and you will be buying a house(s) sooner than you think: Why do I want a house? How can I have a house without owning it? How can I own a house without buying it? Find more questions to answer and make decisions. Write these answers down on a piece of paper. The price is easy to pay if the promise is clear.
No lie there. I've done the exact same. It's really the thought of having your own Home, not house. I'm still studying, but also working, but I know its not now or next year, but in 4 years time.
Ms Mashile You are an inspiration. So smart, so wise, so beautiful. I hold a high position in certain company, and am busy completing my PhD, however I have learn't more from you than any other teacher/tutor. Keep doing what you are doing, you are absolutely born for this.
Doing the maths and knowing your current credit position is important because it will allow you to be realistic with the kind of a house you can really be comfortable paying back.
I have made peace with the fact that I won't be able to buy a house cash, but m definitely saving for a deposit, what a deposit represent to me is I borrow less money from the bank and i get some bargaining Power via Interest rates
So this is real truth right here. Try to keep the amount under the 900k and additionally try to save for all the additional hidden costs that pop up with the lawyers fees.
Recently started working and have been looking to get into property investment and i have been binging your videos. You are so helpful , thank you for these.
Very informative video, thank you. Question I have is, you’ve mentioned that one of the things that can help one have negotiating power is to apply to more than 1 bank, wouldn’t that affect your credit score negatively since you’ll be doing multiple credit enquiries all at once?
Hey Bunny, I wish you made this video 5 months ago before i bought my first property. I made mistakes but everything is sorted now and going into my second one will be a smooth ride. Thank you
Thanks a lot for sharing... I was even writing notes.. Literally you just answered every question I was asking myself and I didn't know which door to knock first.."Life and Credit Insurance" explanation, thanks for the clarity I thought it was more or less the same.mwah!
Thank you so much for the infor,I'm ready to purchase but I'm giving it about 12 months,I learnt a lot from your videos,ngizowahlalela wonke nje until I understand what I will be doing when purchasing a house
I checked out for faults on my first visit. 1st house, there were leaks. 2nd house, the roof was looking funny. It was a really lovely home. Big bedrooms and bathrooms. But it needed a lot of work. 3rd house. Wow. I looked for flaws and did not find any. Well, expect that there was no garden.
Very informative, I'm also in the process of buying myself a home. I'm very nervous about the whole process cause I already have a car loan that I'm paying. Credit score looks great , but hey let me try this 12 months trial and actually see if I can really be able to pay for both. Maybe I I'll do 6 though cause bro ! The value of proper is going up by day , I started looking two years ago and when look now the homes I've been eyeing have gone up by at least 150k . So the wait should not be that long or otherwise you'll start paying more than the person who decides to buy today. I hope that makes sense
Mashile your skin is looking radiant and really glowy you look soo good girl and your advice has really changed my way of thinking and I atleast have a savings plan now i never had any and am 26yrs old wooow thats when you got your first million right? 😢😢😢I just wanna be successful
Hi Nicolette. What are your thoughts about Nedbank/FNB Professional Banker accounts to decrease interest rate for Bond and Car Loans?.. Always great advise
Hi Financial buddy. How do you ensure that you got what you pay for in a new development because its not always possible to view properties before they are built.
Can you please assist with a video for building a credit record/ score. There’s nothing against my name and i’d love to know how this will affect me when applying for vehicle finance cause i’ve just failed to secure a contract phone because of that.
Hey Nicolette, let's say I'm keen on purchasing a home and I see the sale is being done through an agent. Is it by anyway possible to meet with the actual homeowners. I know the agent wouldn't be willing, because it's their commissions at the end of the day. I'd also like to know whether this would be by anyway illegal. The way I was aiming on doing this, is to speak to their neighbors and probably one of them knows them personally and probably get their contact details to get a meeting going on.
Hi Nicolette Bunny thank you for the great info, just one question got bit confused on your last statement about Credit life and Life insurance must you take both or just one. thank you
Zanele Ulana no so you can take one or the other depending on needs. So if you have existing life insurance you can cede part of it to the bank for the duration of the loan. If you die the life insurance will pay out and settle the home loan and your family and beneficiaries get to keep the house. If you finish the home loan you can take away the cession and resume the full life insurance. If you take credit life it accommodates disability and dread disease too. If any of the 3 D’s happen to you then they will pay out. But with credit life once you finish the loan the cover is over and you are no longer insured.
Thanks a lot for this.... so when buying a brand new house as in no one has lived in it a new development and they say no transfer fees, how does that work?
Patience Nhlabathi so its a deal they make you because the title deed will immediately be registered in your name and not the developer. So basically it’s the same if you were building your own place. You are the first owner
aaaaaa okay I see. Thank you sooo much your content is amazing and very important especially for us black people where sometimes we don't have any reference of such, when you the first one in your family to buy a car a house and basically dealing with and the topic itself of money is rarely discussed. So thanks a lot
Nicolette never disappoints.. I'm in the financial industry workwise.. everytime i listen to Nicole's Wisdom. She genuinely knows how to massage my mind. Anyways.. guys any other recommended share trading website beside "easy equity"?
@@FinancialBunny only a pleasure my sister.. oh wow I'm sure i still have a lot of information to look forward to and also soing my research on the other side. Please keep that knowledge.. some of us don't take it for granted
Is it a good idea to pay off your car before getting a bond? I'm literally filling in forms for Bond application. My credit score is excellent. I have paid off all my store cards. Fingers crossed. But I am concerned about my bank statement. For the past three months, I've been helping renovate my parents' home. So it seems like I spend a lot of money whereas I don't.
Amy Belle Aphane not necessarily, they look at how you manage credit and the usage ratio. Are you able to pay for both a car and a house? You must also do the numbers and be comfortable. Contractual debt is what will count against you mostly. Thing is you didn’t have a house to pay for up Until now so They can’t dictate how you use your money. You must have a surplus after all contractual Debt has been paid
It seems like yu are doing well for yourself and congrats on building /renovating your parents house. How far along are you with your car repayments???
you pay it into the registering lawyers trust account. they put it in an interest bearing account. it allows you to apply for a lower loan amount. the interest you get it back after the property you purchased is registered in your name...
@@FinancialBunny a year later I am back here again😁 and happy to say I am in the buying process, currently busy with the transfering attorneys. Thank you once again.
I'm not going to lie, I wish I find a woman who has the mentality and as independent as yourself. There those women, I thought I found one, but to find out they have nothing but selfish demands and immature needs. But I came to the realisation that I will onlybrhink of giving any idea of a relationship after I'm fully dependent myself.
Hi dear, we brought a house two years ago and we still not living in it, the previous owner of the house does not want to move out and we are paying for it every month. It was a repo house. The title deed is in our name and the court ruled in our favor but we still do not have access to the house. Please kindly advise.
On this one Zola you need to go to the police get eviction order,so the occupant is staying for mahhala?i had the same problem but i bought my house via agent,my lawyer contacted them they moved out swifly.
There are different components to the topic that you are covering. All I am asking for a time indication on when you start to cover that part of the topic - included in your video description. That way, we can get the information we need without watching the full video. Only the particular parts that are applicable to us. Hope that makes - love your videos
Hi Nicolette; I need to pick your brain on a purchase I made, if possible. Is there a way I can contact you, perhaps via email? Would really appreciate it. Thank you
I just finished grade 12 last year but i still watch these videos even though I won't be buying any house soon but i still look forward to watching
had we all started that young we'd be sooo far in life!so good job,keep doing that and you'll be proud of yourself in a couple of years when you see how you make financial decisions vs people that have no financial literacy.
maya lelo you are going to make a great adult who is financially fit
That’s awesome!
i am young too, im 19 and want to come back to south africa to do real estate. currently in australia
@@bridgettedube9270 am 19 too
I am 22 and looking forward to buying my own property in 2 years. Lol I write down every term I do not know that you're saying and do individual research on how it works, your videos are clearing the cloud away...thanks❤
You're a national treasure
Don't forget us when you get "registered and accredited"
I find myself on property24 whenever I need to pass time but I won't be buying a house anytime soon I'm still at res.
Asive is a big big dreamer. .
🤣🤣🤣🤣😭😭😭🤦🏽♀️🤦🏽♀️
asive jack I do the same 😂😂😂✊🏾 I always want to see what’s in the market
Buying a house is not the only way to own/have a house.
Owning a house is not the only way to have a house.
Answer these questions for yourself and you will be buying a house(s) sooner than you think:
Why do I want a house?
How can I have a house without owning it?
How can I own a house without buying it?
Find more questions to answer and make decisions.
Write these answers down on a piece of paper.
The price is easy to pay if the promise is clear.
No lie there. I've done the exact same. It's really the thought of having your own Home, not house. I'm still studying, but also working, but I know its not now or next year, but in 4 years time.
Ms Mashile You are an inspiration. So smart, so wise, so beautiful. I hold a high position in certain company, and am busy completing my PhD, however I have learn't more from you than any other teacher/tutor. Keep doing what you are doing, you are absolutely born for this.
You are a blessing 😇 thank you so much for sharing. So excited to start the process.
I love your energy, you kept it from start to finish, you're a superstar , trust you are helping so many people
before your first trip to viewing a house start by watching this video at 8:00. it will spare you some regrets
Doing the maths and knowing your current credit position is important because it will allow you to be realistic with the kind of a house you can really be comfortable paying back.
Mpho Collen Maaboyi very true
I have made peace with the fact that I won't be able to buy a house cash, but m definitely saving for a deposit, what a deposit represent to me is I borrow less money from the bank and i get some bargaining Power via Interest rates
Mikateko Mzimba I love this. Also a home loan isn’t always a bad thing
So this is real truth right here. Try to keep the amount under the 900k and additionally try to save for all the additional hidden costs that pop up with the lawyers fees.
You're the best.
Thank you.
When your financial bunny is this beautiful, and you not sure whether to focus on the beauty or content ? but either way both are [ APPROVED ]
Thanks a lot cc....we do not take the information you give us for granted..
Thank you so much for this. ❤️
Recently started working and have been looking to get into property investment and i have been binging your videos. You are so helpful , thank you for these.
WOW! Information overload... But so so SO helpful. Thanks you
I love your advise
Before u start looking, just get a pre approval certificate (I think that's what it's called) so u don't bother shopping outside of ur affordability.
Totally agreed
Very informative video, thank you. Question I have is, you’ve mentioned that one of the things that can help one have negotiating power is to apply to more than 1 bank, wouldn’t that affect your credit score negatively since you’ll be doing multiple credit enquiries all at once?
Was not aware of the changing of details at municipality...thank you
Hey Bunny, I wish you made this video 5 months ago before i bought my first property. I made mistakes but everything is sorted now and going into my second one will be a smooth ride. Thank you
Congrats !!
@@africanloveletter1988 Thank you
Enjoying the insight...
Wow thank you, very informative
You know your things Sis wam' 👏👏👏
Very informative. Thank you😍
Many thanks this assists a lot
Thank You for uploading this video. This is very informative....💓😍
Amazing videos...can you please does another one on buying sectional tiles
I'm a second year university student but I always find myself looking for property and w watching your channel 😂😂😂😂😂
Took 21 points from this vid, its my third time watching, felt like I was in a revision class before the big day.
Thank you Nick 😘😘😘😘😘
Thank you for this ❤️
You are amazing. You are what we need
Totally agree with you! She's awesome!
Thank you so much Sis❤ you're literally thee best😍
Sister you are always making sense ❤️ I love you
Thanks a lot for sharing... I was even writing notes.. Literally you just answered every question I was asking myself and I didn't know which door to knock first.."Life and Credit Insurance" explanation, thanks for the clarity I thought it was more or less the same.mwah!
Happiness
wow this is so informative for me thanks
Thank you 🌹
Property investment, my favorite topic 👌❤️
Can you please do a video on how to build your credit if it’s non existent and one on being a first time cash property buyer? 🙏🏾
Thank you so much for the infor,I'm ready to purchase but I'm giving it about 12 months,I learnt a lot from your videos,ngizowahlalela wonke nje until I understand what I will be doing when purchasing a house
Thanks for the video. Good info beauty!
aiy Ka leboha for such a burning lesson i have never known before!
This video has helped me more than you know
Happiness
Wow very informative. To think that am in a process of looking to buy my first property, I might wanna chill a Lil bit 😳
I checked out for faults on my first visit. 1st house, there were leaks. 2nd house, the roof was looking funny. It was a really lovely home. Big bedrooms and bathrooms. But it needed a lot of work. 3rd house. Wow. I looked for flaws and did not find any. Well, expect that there was no garden.
Thank you for the information. I am looking at buying a new development, off plan. Does the same instructions apply?
Very informative, I'm also in the process of buying myself a home. I'm very nervous about the whole process cause I already have a car loan that I'm paying. Credit score looks great , but hey let me try this 12 months trial and actually see if I can really be able to pay for both. Maybe I I'll do 6 though cause bro ! The value of proper is going up by day , I started looking two years ago and when look now the homes I've been eyeing have gone up by at least 150k . So the wait should not be that long or otherwise you'll start paying more than the person who decides to buy today. I hope that makes sense
Hey, how's the progress if you mind me asking ?*
Great content
You are God sent strue 🤞🏽
You're the best👌👌👌
you such an Angel
Mashile your skin is looking radiant and really glowy you look soo good girl and your advice has really changed my way of thinking and I atleast have a savings plan now i never had any and am 26yrs old wooow thats when you got your first million right? 😢😢😢I just wanna be successful
Crazy about your videos by the way😍
Which transferring attorneys and conveyancing attorneys did you use?
hi, how true that there is a difference between a family and a business flat levy ?
My Financial advisor 🙌🙌👌
Nkululeko Nkuxx if only hey
Hi Nicolette. What are your thoughts about Nedbank/FNB Professional Banker accounts to decrease interest rate for Bond and Car Loans?.. Always great advise
Hi Financial buddy. How do you ensure that you got what you pay for in a new development because its not always possible to view properties before they are built.
Very informative 🤗I will one day buy my house and will be sure to apply this.
What is a good credit score to apply for a home loan?
Can you please assist with a video for building a credit record/ score. There’s nothing against my name and i’d love to know how this will affect me when applying for vehicle finance cause i’ve just failed to secure a contract phone because of that.
"Do not sign the OTP on first viewing"!!!
What is an OTP
@@ramoshabaramoshaba9561 Offer to purchase
Why is that?
Hey Nicolette, let's say I'm keen on purchasing a home and I see the sale is being done through an agent. Is it by anyway possible to meet with the actual homeowners. I know the agent wouldn't be willing, because it's their commissions at the end of the day. I'd also like to know whether this would be by anyway illegal.
The way I was aiming on doing this, is to speak to their neighbors and probably one of them knows them personally and probably get their contact details to get a meeting going on.
Can I back out from the agreement to buy a home?
Do you possibly know of a popular property area/s for youthful home owners. For me in the next 4-5 years.
Hi Nicolette Bunny thank you for the great info, just one question got bit confused on your last statement about Credit life and Life insurance must you take both or just one. thank you
Zanele Ulana no so you can take one or the other depending on needs. So if you have existing life insurance you can cede part of it to the bank for the duration of the loan. If you die the life insurance will pay out and settle the home loan and your family and beneficiaries get to keep the house. If you finish the home loan you can take away the cession and resume the full life insurance. If you take credit life it accommodates disability and dread disease too. If any of the 3 D’s happen to you then they will pay out. But with credit life once you finish the loan the cover is over and you are no longer insured.
Love yu
Cpt homes are expensive in a decent area... 900 000 sounds so cheap
Thanks a lot for this.... so when buying a brand new house as in no one has lived in it a new development and they say no transfer fees, how does that work?
Patience Nhlabathi so its a deal they make you because the title deed will immediately be registered in your name and not the developer. So basically it’s the same if you were building your own place. You are the first owner
aaaaaa okay I see. Thank you sooo much your content is amazing and very important especially for us black people where sometimes we don't have any reference of such, when you the first one in your family to buy a car a house and basically dealing with and the topic itself of money is rarely discussed. So thanks a lot
My biggest financial mistake cost me real hard worked for money 😔😔...am learning and doing better now.
Great video but you forgot about insurance that covers structural damage. Or is that included in Credit Life?
How much does that insurance cost
Okay so for someone like myself who has no credit footprint how do I start one in order to keep score of it?
You could open a clothing account or cellphone contract, pay consistently and don’t miss a payment
Where can i buy your book
What’s the deal with people with a clean credit score
i wish i was close to buying my own house, no not cash , thats obviously impossible for me
Bars on bars of wisdom, mate how are you not on a 100k subscribers, I'm starting to believe there's a conspiracy ..
😂😂😂😂😂😂 They don’t like the truth
Nicolette never disappoints.. I'm in the financial industry workwise.. everytime i listen to Nicole's Wisdom. She genuinely knows how to massage my mind. Anyways.. guys any other recommended share trading website beside "easy equity"?
samuel mabaso thank you. I also trade on Standard bank securities
@@FinancialBunny only a pleasure my sister.. oh wow I'm sure i still have a lot of information to look forward to and also soing my research on the other side. Please keep that knowledge.. some of us don't take it for granted
Honey, love your videos! I'm searching for a financial advisor. Who do you recommend?
I also need help here.
Stephen Gebart at Momentum
Is it a good idea to pay off your car before getting a bond?
I'm literally filling in forms for Bond application. My credit score is excellent. I have paid off all my store cards. Fingers crossed. But I am concerned about my bank statement. For the past three months, I've been helping renovate my parents' home. So it seems like I spend a lot of money whereas I don't.
Amy Belle Aphane not necessarily, they look at how you manage credit and the usage ratio. Are you able to pay for both a car and a house? You must also do the numbers and be comfortable. Contractual debt is what will count against you mostly. Thing is you didn’t have a house to pay for up
Until now so
They can’t dictate how you use your money. You must have a surplus after all contractual
Debt has been paid
It seems like yu are doing well for yourself and congrats on building /renovating your parents house. How far along are you with your car repayments???
Sisi Mazwi It's not my car, but my partner's car. He wanted to pay it off before we buy our home
What happens to the deposit amount? Does it stay in the interest bearing account (forever)? For how long? Do you get it back as the buyer?
you pay it into the registering lawyers trust account. they put it in an interest bearing account. it allows you to apply for a lower loan amount. the interest you get it back after the property you purchased is registered in your name...
I didn't know about the insurance for rent 😭😭💆♀️🙆♀️🙆♀️🙆♀️, lemme Google
🙌🇿🇦
Transfer fee Lepulana????
I'm planning to buy a house through home loan and find client to rent it
That's exactly what I did, it's a wise move
Me watching this video once again to check how much progress I have made🙃
How much progress have you made? Please share with us
How did it go mama?
@@FinancialBunny a year later I am back here again😁 and happy to say I am in the buying process, currently busy with the transfering attorneys. Thank you once again.
@@kelebogilemotshoane5186 going ok, I am in the process now.
@@bathobilem9598 mine was registered in March 2021.
Now getting used to paying rates m levies
I'm not going to lie, I wish I find a woman who has the mentality and as independent as yourself.
There those women, I thought I found one, but to find out they have nothing but selfish demands and immature needs.
But I came to the realisation that I will onlybrhink of giving any idea of a relationship after I'm fully dependent myself.
where can I download my credit report
kudough
Try Clear Score
I have crush with your mind
Hi dear, we brought a house two years ago and we still not living in it, the previous owner of the house does not want to move out and we are paying for it every month. It was a repo house. The title deed is in our name and the court ruled in our favor but we still do not have access to the house. Please kindly advise.
On this one Zola you need to go to the police get eviction order,so the occupant is staying for mahhala?i had the same problem but i bought my house via agent,my lawyer contacted them they moved out swifly.
Did they move out Zola?
Hi how do i buy a repo house , i am looking pls assist.
Update please
let's get married already
GuySoFly 52 Hahahah plus you so fly
Timestamps on long videos please. :)
Kebeiloe Sello like😂 I have no idea what that is
There are different components to the topic that you are covering. All I am asking for a time indication on when you start to cover that part of the topic - included in your video description.
That way, we can get the information we need without watching the full video. Only the particular parts that are applicable to us.
Hope that makes - love your videos
This
Hey cc please talk to me via email.I need your help on something.
Hi Nicolette; I need to pick your brain on a purchase I made, if possible. Is there a way I can contact you, perhaps via email?
Would really appreciate it. Thank you
Me@nicolettem.com
@@FinancialBunny Thank you. Email sent🌸
its not long at all...