Homeownership and Affordability
How Pre-Approval Works in Namibia (And Why It Protects Buyers)
Pre-approval helps buyers understand their true financial limits before they start viewing homes. It prevents unrealistic expectations and protects buyers from committing to properties they cannot afford.
Read MoreYour First Home in Namibia: The 7 Costs Buyers Don’t See Coming, and Why Affordability Matters More Than You Think
Many Namibians are surprised to learn that affordability is not based only on the bond instalment. This article explains the seven hidden costs buyers overlook and why these costs lead to loan declines, delays and unrealistic expectations.
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