Monday, September 28

A Look At Phillip Chiyangwa & Ginimbi Mansions

This is the way socialite and businessman, Genius ‘‘Ginimbi’’ Kadungure describes the vision behind his ‘‘mansion in the village’’.

Built on four acres of land in rural Domboshava which is 39 kilometers from Harare, the two-storey house is where Ginimbi lives in when he is in the country, splitting his time between Zimbabwe and South Africa where he also has business interests.

The eye-catching mansion has six bedrooms, a fully equipped gym and a 14-seater state-of-the-art cinema. From the moment you walk into this mansion in the village, the first thing that takes your breath away is the swivelling glass door emblazoned with a logo of a famous fashion line instantly giving you a glimpse into Kadungure’s fabled life. The logo on the door immediately tells you that the million-dollar Rolls Royce parked right in front of the front door is a statement giving testament to the wealth and style of one of the country’s most written about young and rich 30-something-year-old. “When I engaged an architect to design my house, I made sure that he understood the way I live my life. I instructed him to study me from my choice of cars to dress sense to social interests and come up with something that depicts all of these things. And the result was two-storey buildings of pure class,” Kadungure revealed to Sunday Life.

The mansion has an open plan type of design with doorless entrances connecting the rooms with each single room built with a balcony or verandah giving access to the lush gardens. The ground floor has a large kitchen, a lounge, a small ‘‘reception’’, gym, cinema, guest bedrooms and an entire guest wing which is separated from the main house by a series of garages for Kadungure’s top-of-the-range cars which include the Rolls Royce Wraith, Bentley Bentyaga SUV and a Range Rover.

And none of them come cheap! A few metres off the front door into the house is a flight of stairs leading to more bedrooms including the master bedroom and Kadungure’s private office. One also has access to a fully-stocked entertainment area which could easily compete with the best bars in town with its elegant furnishings. “I generally live alone here but when I entertain I try and ensure that all my guests are comfortable whether it’s when they go to sleep or when we are just having a few drinks in the bar,” says Kadungure.

Each of the six bedrooms has en suite bathrooms and king size beds to go with the lush carpeting and striking décor. Each bedroom also includes big screen LED TVs and Wi-Fi access.

But it is the master bedroom that leaves one’s mouth dry with envy. A king-size bed sits smack in the middle of the room which is laid down with the smoothest of carpets. On one wall is a large TV while the ceiling has blue and red-coloured lights that give the room a calming effect.

“This is my sanctuary. This is my own little kingdom and I tried to make it as comfortable as possible,” explains Ginimbi as he shows Sunday Life through to the walk-in wardrobe large enough to be a bedroom in ordinary homes.

The gardens are also a view to behold and include all-weather basketball and tennis courts. A fish pond sits in the middle of the manicured lawns and well-kept flowerbeds. Ginimbi spared no expense to build a house that reflects both his wealth and his style but preferred to be mum on the cost.

“I share a lot of my life with the public, but that one detail I’m not willing to make public,” he says coyly.

But why build such a house in the rural areas, we asked Ginimbi.

“Domboshava is my rural home. I decided to build my mansion in my own village. You have no idea how peaceful it is out here. Imagine if I lived in Borrowdale Brooke or somewhere like that, I would never be able to rest. This for me is where I am most comfortable in my own skin. In fact, you are the first journalist I have brought here. I like to keep this part of my life to myself,” he said.

Ginimbi built a 3,6-kilometre tarred road that leads straight to this mansion in the village. And at the end of this tarred road one is met by a huge security wall and the first taste of the life and style of Genius ‘‘Ginimbi’’ Kadungure 

Phillip Chiyangwa House

Flamboyant businessman and politician Phillip Chiyangwa has said that he is working on building the biggest hospitality group in the country. As part of his plans, the self-proclaimed “billionaire” has converted his 34 bedroomed house, nicknamed the White House, into a hotel

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Real Estate Closing Costs: What Buyers and Sellers Should Expect

Real estate closing costs can surprise both buyers and sellers. The sale price gets most of the attention, but the final amount due at closing depends on lender fees, title charges, taxes, insurance, commissions, prepaid items, credits, and local customs. Understanding these costs early can prevent last-minute stress.

Buyer closing costs often begin with lender fees. These may include origination charges, underwriting fees, processing fees, credit report fees, appraisal fees, points, and flood certification. Some fees are charged by the lender, while others are paid to third parties. Buyers should review the loan estimate and closing disclosure carefully.

Title and escrow fees are also common. A title company or closing attorney may search property records, issue title insurance, prepare closing documents, handle funds, and record the deed or mortgage. Lender's title insurance is often required by the mortgage company. Owner's title insurance may protect the buyer's ownership interest, depending on the policy and local practice.

Prepaid costs can include homeowners insurance, property taxes, mortgage interest, and escrow deposits. These are not always fees in the traditional sense; they are amounts collected in advance to set up the loan and escrow account. Buyers should ask the lender to explain what is prepaid and what is a lender or third-party charge.

Private mortgage insurance may apply when the buyer has a smaller down payment. Depending on the loan type, mortgage insurance may be monthly, upfront, or both. Government-backed loans can have their own funding fees or insurance premiums.

Seller closing costs may include real estate commissions, title fees, transfer taxes, prorated property taxes, attorney fees, payoff charges, home warranty credits, repair credits, and concessions negotiated in the contract. If the seller agreed to pay part of the buyer's costs, that amount appears at closing.

Property taxes are often prorated between buyer and seller. The exact calculation depends on the local tax calendar and contract terms. In some areas, taxes are paid in arrears, which can be confusing. Ask the closing company or real estate agent to explain the proration.

Homeowners association fees can also affect closing. There may be transfer fees, resale certificate fees, working capital contributions, special assessments, or prorated dues. Buyers should review HOA documents before closing to understand ongoing obligations.

Negotiation can shift costs. A buyer may ask the seller for closing cost assistance. A seller may agree to credits instead of repairs. A lender may offer a credit in exchange for a higher interest rate. Each option affects the bottom line differently. Buyers should ask whether credits are allowed under the loan program because limits may apply.

The closing disclosure is the key document for buyers using a mortgage. It shows loan terms, projected payments, closing costs, cash to close, and transaction details. Review it as soon as it is available and compare it to the earlier loan estimate. Ask questions immediately if a fee is higher than expected.

Sellers should request a net sheet before accepting an offer. A seller net sheet estimates mortgage payoff, commissions, taxes, fees, credits, and expected proceeds. It can help compare offers that have different prices and concessions.

Because closing costs vary by state, county, lender, loan type, property type, and contract terms, online averages may not match your transaction. The best approach is to ask for written estimates from the lender, agent, title company, or closing attorney.

Real estate closing costs are not just fine print. They can affect affordability, negotiation strategy, and cash needed to complete the deal. Buyers and sellers who understand the numbers can make better decisions before closing day arrives.

 

 

Consumer Fraud Class Action: Holding Companies Accountable

A consumer fraud class action may arise when a company misleads customers through false advertising, hidden fees, unfair billing, fake discounts, or deceptive business practices.

These cases can involve banks, phone companies, subscription services, car dealers, insurance companies, online retailers, and financial products.

A consumer may lose a small amount, but when thousands of people are affected, the total harm can be large.

Class actions help consumers combine claims and challenge companies that may otherwise avoid accountability.

Possible results may include refunds, account credits, debt cancellation, fee changes, or policy updates.

Consumers should keep contracts, receipts, screenshots, emails, bills, and customer service records.

If many people experienced the same issue, a class action lawyer may investigate whether the company violated consumer protection laws.