Are you a home owner with an existing bond, but in financial distress and unable to make your bond repayments? Avoid the risk of having your property repossessed, ending up with a bad credit record and facing long and costly legal procedures.
How? Consider selling your home.
At Joubert Scholtz Inc. we understand how difficult financial distress can be. EasySell, a product offered by Standard Bank, might be the lifeline you need to protect your financial well-being.
What is EasySell?
EasySell is a private sale option offer by Standard Bank, that is designed to help you sell your property and settle your home loan debt in the most stress-free way possible.
How does EasySell work?
By partnering with approved estate agents and legal experts in your area, who specialise in marketing your property in the media and via MyRoof.co.za, and assist with all the legal procedures, Standard Bank ensures that you get the best possible price for your home. This selling price is used to settle all the relevant costs, fees, levies and your outstanding bond. Any shortfall can then be paid off through an interest free loan.
How do you benefit?
EasySell Structuring Example:
|Outstanding balance:||R500 000|
|Less up to 10% discount* on outstanding balance:||(R50 000)|
|Total Outstanding||R450 000|
|Less selling price (nett after agent’s commission)||(R350 000)|
|Overdue levies, rates and taxes||R20 000|
|Electrical compliance certificate||R5 000|
|Total shortfall||R125 000|
(*Discount only applicable if there is a shortfall)
Further benefits for you from EasySell:
Standard Bank’s dedicated EasySell team will use their knowledge of property marketing to help you get your property sold sooner rather than later. What’s more:
Don’t wait until it’s too late – talk to Joubert Scholtz Inc. about EasySell today!
Although it’s a tough decision, if selling your home can make a real difference to your financial health it has to be an option worth considering. And if you are already in debt, it makes sense to take action as soon as possible to rescue the situation before it gets any worse.
Click here to download the Standard Bank EasySell Brochure.
Contact Us so we can help set the process in motion – and set your mind at ease.
Joubert Scholtz Attorneys – Jaco Joubert
Call us – 011 966 7600
Email us – firstname.lastname@example.org
Information supplied by Standard Bank
Terms and conditions apply.
Standard Bank is an Authorised financial services and registered credit provider (NCRCP15)
The Standard Bank of South Africa Limited (Reg. No. 1962/000738/06). SBSA 251711-10/16