The time for you to make a fresh start is here. When your home loan repayments become difficult to make, ask Nedbank-assisted Sales to help you sell your home.
Nedbank-assisted Sales currently achieves above 90% price to valuation, which is 30% better than SIE. If you do not take the right action now, your financial situation could get even worse.
How does Nedbank-assisted Sales work?
- We request you to sign a mandate with us;
- Allocate your property to a reputable estate agency to drive a better price to valuation;
- The property will be in the market for 90 days;
- Accept an offer to purchase (OTP) at any price above the stated reserve price.
How do you benefit?
- Property does not get a distressed valuation (physical valuation to be conducted by Nedbank);
- 50% shortfall forgiveness after sale*;
- Opportunity to have property sold in less than 90 days;
- Marketing is at full market valuation with no sign of distress;
- No adverse listing on the bureau;
- No legal action;
- Reputable estate agency and attorney to manage the marketing and conveyancing process;
- Relationship agent assigned by Nedbank to provide you with regular feedback throughout the marketing process;
- Sole mandate with a better focus and client experience (no multi-listing);
- Acknowledgement of debt payable within five to 10 years interest-free on shortfall (post 50% forgiveness)*.
How does the purchaser benefit?
- 50% discount on transfer fees;
- 100% bond to qualifying buyer(s).
