Advertorial
ADVERTORIAL - The Mountain View Development is thrilled to announce that 16 show units and one furnished show unit are now available for viewing by prospective first time buyers.
With an incredibly affordable starting price, this 278-unit development in Mossel Bay offers an exceptional opportunity for first-time buyers to make their homeownership dreams a reality.
Mountain View Development recognises the challenges that first-time buyers often face in the competitive housing market. To support these individuals in achieving their homeownership goals, the development is pleased to offer attractive First Home Finance, previously known as Finance Linked Individual Subsidy Programme (FLISP), subsidies.
A First Home Finance subsidy can be used as a deposit by a first-time buyer, significantly enhancing the chances of qualifying for a home loan as it reduces the home loan to be applied for, making it easier to qualify for it.
Key Details:
n Affordable Starting Price: Starting at just R429 000, these units provide exceptional value. All costs of transfer and bond registration fees are included in the purchase price.
n Home Finance Subsidies: Prospective buyers can take advantage of home finance subsidies to increase their chances of securing a home loan. This financial support is designed to make homeownership more accessible.
For example, a home buyer who earns an income of R15 000 per month can qualify for a subsidy of R86 000. If this subsidy is subtracted from the purchase price, then the balance of the purchase price to be financed is R343 000.
To qualify for a home loan of R343 000 a buyer needs to earn an income of R12 400 per month. The First Home Finance subsidy available on an income of R12 400 is R105 520, thus enabling the buyer to pay less for the property.
Pre-Qualification Assessment: Interested buyers are encouraged to complete a quick online pre-qualification assessment. Once pre-qualified, they will have the opportunity to schedule a viewing with the sales team.
Minimum Income Requirement: To be eligible for the Mountain View Development, buyers must have a minimum monthly gross income of R12 000.
- First Home Finance Subsidy: To qualify for this subsidy,
- The buyer must never have owned a property before
- Earn R12 000 to R22 000 (gross) per month
- Be a South African citizen
- Have a financial dependent and have approval of property finance.
To get started on the journey, a buyer can complete an online pre-qualification assessment by visiting the Mountain View website: https://www.mountainviewmosselbay.co.za/.
A video of the furnished show unit is available here: https://www.mountainviewmosselbay.co.za/virtualtour/.
Once a quick, online pre-qualification is completed, the MDW INC Home Loan and Subsidy team will assist buyers to complete the formal home loan and subsidy application process and arrange a viewing, once pre-qualified.
For more information, visit www.mountainviewmosselbay.co.za/.
More information can also be found here: www.attorneyrealtorhub.co.za/property-for-sale-in-de-almeida-s10466 or contact Meyer de Waal, head, sales and marketing, MDW INC Property Sales (meyer@mdwinc.co.za or 083 653 6975 or 021 461 0065).
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