New Hope for Homeowners in South Africa

by | Sep 20, 2022

Distressed homeowners helped

New Hope for Homeowners in South Africa-Real Estate Assist

If you’re a homeowner in South Africa who is struggling to keep up with your mortgage payments, you’re not alone. In recent years, the country has seen a sharp increase in home repossessions and foreclosures. However, there is hope. Real Estate Assist is a company that provides innovative solutions to homeowners in distress. They stop auctions and repossessions, provide debt consolidation services, and more. In other words, they can help you keep your home and get out of debt. Let’s take a closer look at how they can help you.

keep your house in South Africa

Real Estate Assist Services include:

Debt Consolidation Services
One of the main ways Real Estate Assist helps homeowners is by consolidating their debt into one manageable monthly payment. This can be a lifesaver for someone who is struggling to make multiple high-interest payments each month. Not only does debt consolidation reduce the amount of money you have to pay each month, but it can also save you money on interest over time.

Auction and Repossession Prevention
Another way Real Estate Assist helps homeowners is by preventing their homes from being auctioned off or repossessed. If you’re falling behind on your mortgage payments, the last thing you want is to lose your home. Fortunately, Real Estate Assist can help you avoid this outcome. They will work with your lender to come up with a payment plan that makes sense for both parties and helps you keep your home.

Property Flips (Improve To Sell)

When it comes to real estate, there are a lot of different strategies that people use in order to make a profit. Two of the most popular methods are flipping and improving. Flipping involves purchasing a property, making some basic improvements, and then selling it for a higher price. The improve to sell technique is similar, but instead of trying to sell the property quickly, the goal is to add value through more significant renovations before putting it on the market.

Improve To Sell Benefits

One of the biggest benefits of using the Improve To Sell method is that it allows you to build equity in the property. With flipping, you only make money if you sell the property for more than you paid for it, plus the cost of any repairs or upgrades that you made. With improve to sell, you can finance the renovations with a home equity loan or line of credit. This means that you will own a portion of the property even after you complete the improvements. If you decide to sell, you will be able to keep any equity that you have built up, plus whatever profit you make from the sale.

Another advantage of improve to sell is that it gives you more control over the sale process. When you flip a property, you are at the mercy of the market. You may end up selling for less than you hoped if there is a downturn in the market or if there are few buyers interested in your type of property. With improve to sell, on the other hand, you can take your time making improvements and then list the property when conditions are right for maximum profits.

Get out of Debt and keep your property

If you’re a homeowner who is struggling to make ends meet, Real Estate Assist can help you get out of debt and keep your home. They offer debt consolidation services, auction and repossession prevention, and more. So don’t wait – if you’re in over your head, give them a call today and see how they can help you get back on track!

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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