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HFCK offer
the hawk
#1 Posted : Thursday, April 30, 2009 7:32:00 AM
Rank: Member


Joined: 9/13/2006
Posts: 17
The MAKAO plan by HFCK where you can get a 2 br house for about 1 m when you already havethe land. To all the gurus in the house is this a deal?

'The same sun that melts the wax,hardens the clay' - Niger
chemos
#2 Posted : Thursday, April 30, 2009 12:22:00 PM
Rank: Elder


Joined: 11/28/2006
Posts: 1,799
Question is
Has anyone signed up for this product and is already in possession of the house?
mtaalam
#3 Posted : Thursday, April 30, 2009 12:33:00 PM
Rank: Member


Joined: 11/2/2006
Posts: 519
Just go and have them calculate for you... It will come to over 1.5 after interest.

The best time to plant a tree is twenty years ago. The second best time is now.
KURUTU
#4 Posted : Saturday, May 02, 2009 11:32:00 AM
Rank: Member


Joined: 9/12/2006
Posts: 22
For all mortgage products,the ultimate amount that you pay in the end is higher than the amount borrowed for obvious reasons,the lender needs to make cash,your purchased asset increases in value at a rate higher than the interest you pay. I believe that the product is really a good one for one to consider where one's income is not sufficient to finance putting up a house and lacks the time and skills to build a house. What I believe they are selling is the opportunity that most of us have seen as being very illusive for lack of knowledge,cash or time. If you have the 1million shillings available and a good project supervisor you are likely to incur a similar cost to set up a two bed bungalow. Chaguo ni lako and all the best!!!
Mainat
#5 Posted : Saturday, May 02, 2009 1:27:00 PM
Rank: Veteran


Joined: 11/21/2006
Posts: 1,590
Has anybody actually used Makao? Plse give us your views..Tx

www.mjengakenya.blogspot.com
Sehemu ndio nyumba
Kamaa
#6 Posted : Monday, May 04, 2009 12:53:00 PM
Rank: Veteran


Joined: 10/6/2007
Posts: 1,177
Location: Nairobi - Kenya
this is a mortgage coined makao...
When you hear what I say, you will not understand. When you see what I do, you will not comprehend
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