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Finally a Win-Win for distressed Homeowners and Investors in South Africa

by | Sep 19, 2022

Stop Sale in Execution

Win-Win for Homeowners and Investors in the distressed Housing market South African

Real Estate Assist (www.realestateassist.co.za) in South Africa presents unique and new solutions to homeowners in distress and to the distressed housing market. They stop auctions and repossessions and provide debt consolidation services to ensure homeowners remain debt free.

Distressed homeowners helped

What is a Sale in Execution

A Sale in Execution is the forced sale of a property to repay a debt. In South Africa, this is often used as a last resort to recover money from debtors. The property is sold at auction and the proceeds are used to pay off the debt.

Repossession vs Sale in Execution

The main difference between repossessions and a sale in execution is that a repossession is when the creditor takes back the property that was used as collateral for the loan, while a sale in execution is when the property is sold to pay off the debt. A sale in execution is a public auction where the highest bidder wins the property.

Limit Order definition

A limit order is an order to buy or sell a security at a specific price or better. When the order is filled, it becomes a market order. A limit order that is not executed immediately will remain open until it either expires or is cancelled by the investor. An executed limit order means that the security was bought or sold at the specified price or better.

How are limit orders executed

A limit order is executed when the security reaches the price specified by the buyer. If the security sells for a price that is lower than the limit price, the order will not be filled.

When can an executor sell a house?

An executor can sell a house when the owner is in default of a debt. This can happen when the owner does not make payments on the loan or mortgage, or when the owner fails to pay property taxes or other municipal debts. The executor can also sell the house to pay off other debts of the estate. We have an Improve To Sell (Flip) solution for homeowners that need to sell, we can assist you in getting maximum returns from the sale.

Can anyone attend a Sale in Execution in SA?

Yes, anyone can attend an execution in South Africa. The auction is open to the public and the highest bidder wins the property. It is a sad situation if you are the homeowner in distress and that is why Real Estate Assist exists for these property owners that are taken advantage of by the distressed housing industry. We help the Homeowners recover financially and keep their homes while our Investors are getting great returns and making an impact.

We believe in a Win-Win for all parties!

Win-win conditions for both parties are our motto.

Debt Review Removal help In South Africa

If you are currently in the debt review process and would like to be removed Real Estate Assist might be able to help you get removed and to settle debts if you qualify for assistance. (See if You Qualify)

What Happens When I Sign Up?

Once you sign up with Real Estate Assist, one of our team members will contact you to discuss your situation and to find out how we can best help you. We will then provide you with a tailor-made solution based on your individual circumstances.

Get Help Now

If you are facing:

  • Auction
  • Repossession
  • Foreclosure
  • Sale in Execution
  • selling your home due to debt and arrears
  • Debt Consolidation
Property Solutions in South Africa

If you are struggling to keep up with mortgage repayments or other debts, it is important to act quickly to avoid sale in execution of your home. Real Estate Assist can help you to stop sale in execution and take control of your finances.

For more information on how to stop sale in execution in South Africa, visit the Real Estate Assist website.

Some of the disadvantages of a sale in execution are that the homeowner may not and will probably not get a fair price for the property, the property may be sold to a buyer who is not interested in it, and the sale may not raise enough money to pay off the debt. This leaves the homeowner or property owner in a very distressed state that can affect every area of their life and relationships.

Contact Real Estate Assist for your property solution

Contact us before your sale in execution to find your perfect property solution. We can stop the sale in execution and help restore you to full ownership and settle those irritating debts.

We help homeowners that are in arrears and debt in South Africa that are facing sale in execution, repossession and auction. We understand what you are going through and would like to assist you as a homeowner to find your best solution.

Disclaimer: The information provided in this blog is for general informational purposes only and should not be considered legal or property advice. We do not take responsibility for any actions taken based on the information provided in this blog. It is always recommended to seek professional advice for your specific legal or property needs. Contact us (Real Estate Assist) if you seek such advice and we will appoint a professional from our team to be of assistance.

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Please Note: We are unable to provide assistance if you do not own a property. Real Estate Assist specializes in helping property owners who are experiencing challenges with their mortgage payments. If you own a property and require support with debt consolidation without going through the debt review process, our team is here to help you explore options to unlock the equity in your home for necessary family matters.

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