Hf Home Ownership Education Mod2

9 Questions  I  By Fnbhf
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Hf Home Ownership Education Mod2
Please complete the Home Ownership Education Questionnaire - Module 2.

  
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Questions and Answers

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1.  Where must builders/developers register to build houses?
A.
B.
C.
2.  If there are snags (defects) in your newly built property, who will have to fix them?
A.
B.
C.
3.  What is the total amount of money (cost of finance) called which you have borrowed from the bank?
A.
B.
C.
4.  Does the bank provide finance to purchase your home or build your home?
A.
B.
C.
5.  When buying a house you must view and inspect to see if any repairs or maintenance is needed.
A.
B.
6.  On a building loan - progress payments are made on your behalf to the builder/developer as work progress.
A.
B.
C.
D.
E.
7.  If you share common areas such as the swimming pool, braai areas, playgrounds, what type of property did you buy?
A.
B.
8.  Any repairs/defects must be noted on sale agreement and who is fixing it (buyer or seller).
A.
B.
9.  Life insurance is compulsory, but ...
A.
B.
C.
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