Thanks in advance to everyone who has helped me thus far. The Affordable Homes program in SA looks like a good way to buy. For those who have more knowledge on the topic, if I buy a house through the AH program, will the bank ever value the place higher than the price I pay? I was just thinking maybe I'd have a larger deposit /lower LVR than expected. For example, if I agree on a price of 250k for place worth 282k, with a 25k deposit (originally 10%), then is the LVR 225/282 = 80% and suddenly I don't have to pay LMI? Is this plausible? Thanks!