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Showing posts with the label Repossession

Stop Repossession in Cape Town

Stop Repossession in Cape Town: How Real Estate Assist Can Help For many, owning a home in the beautiful city of Cape Town is a dream come true. However, unexpected life events can disrupt even the most careful financial planning, leading to challenges in maintaining mortgage payments. In South Africa, the law allows banks to initiate home repossession when borrowers default on their payments. This usually starts after three months of missed payments, with a formal demand for payment issued when a bond is more than 20 days in arrears. If you're facing the threat of home repossession in Cape Town , know that there are resources available to help. Real Estate Assist , a South African company, offers alternative solutions to homeowners, including strategies to stop legal action or auction , consolidate debt, and unlock property equity. Let's explore how Real Estate Assist can assist you to stop repossession in Cape Town and protect your home . Keeping Your Cape Town Home with Real

Avoiding Repossession with Real Estate Assist

Avoiding Repossession and Securing Financial Freedom with Real Estate Assist Are you stressed about debt and the potential repossession of your property? Are you feeling overwhelmed by the thought of losing your home? In South Africa, the harsh reality is that many homeowners find themselves trapped in debt, feeling cornered and helpless as they face the threat of losing their cherished property. Yet, there is a silver lining. A viable solution exists that can alleviate the burden of debt and stave off the threat of repossession: Real Estate Assist .  Understanding Repossession  Repossession, in its simplest terms, is when a financial institution takes back an object, typically a house or a vehicle, due to failure in fulfilling the contractual obligations of a loan, such as not keeping up with mortgage payments. The process can be incredibly distressing, taking an emotional and financial toll on those involved. This doesn’t have to be the way for South African homeowners. Are you a Sou