Bank Assisted Sales
Is the idea of a distressed property sale too nerve-wracking to contemplate? Let Pam Golding Properties put your mind at ease. Bank assisted sales, also known as distressed property sales, are house sales 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 clients market distressed properties for sale 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, Pam Golding Properties offers you the opportunity to view and purchase distressed properties for sale.