Bank Assisted Sales

Is the idea of a distressed sale too nerve-wracking to contemplate? Let us put your mind at ease. Bank assisted sales, also known as distressed property sales, are properties sold by owners who have identified a need to address and avoid financial loss. In many cases, time delays created by credit turnarounds, valuation shortfalls and ineffective property handling can jeopardise sales. With the right support from our experienced team, bank assisted sales can give buyers an opportunity to purchase value for money homes at realistic prices.

Our Bank Assisted Sales Division has agreements with Absa, FNB and Standard Bank to help our clients market distressed properties as quickly as possible to avoid any further losses or stress. These banks will often look at 100% loans on these properties. This approach to bank assisted sales also means you’re able to sell your property at the best possible price to alleviate financial stress, expensive recovery costs or adverse credit references. In addition, we offer you the opportunity to view and purchase distressed properties for sale.

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FNB

FNB’s Quick Sell Programme is perfectly suited to customers who have appointed the bank to market properties on their behalf through approved agents. FNB offers up to 100% bonds on all Quick Sell private sale properties marketed via a sole mandate, offering a 50% discount on attorney and bond registration fees (provided both transfer and registration is handled by the FNB appointed attorney).

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ABSA

Having difficulty in keeping up with your mortgage loan repayment obligations? The Absa HelpUSell programme is designed to assist by offering up to 100% finance to Absa customers purchasing an Absa HelpUSell property. As a buyer, you get a 50% discount on bond costs when financing through Absa as well as the dedicated support of the Pam Golding Properties team throughout the process.

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Standard Bank

Take the stress out of selling private property and settling your home loan. Through the EasySell Programme, you’ll receive up to 10% off and get to pay off any shortfalls, interest free over 5 to 10 years. Our dedicated Pam Golding Assisted Sales team together with Standard Bank will help you get the maximum exposure for your property through newspaper and website advertisements.

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