Tuesday, 21 April 2009

Nedbank Properties in Possession! Special Offering!

NEDBANK OWNED PROPERTIES

CREDIT OFFERING
April 2009

Nedbank Home Loans recently introduced an additional value proposition to the market whereby the Bank will assist and enable the successful conclusion of PIP (Properties in Possession) sales through a centralised call centre.
In addition to the communication dated the 2nd of April 2009 it is hereby confirmed that Nedbank Home Loans will be offering a 95% loan offering to qualified buyers as of the 20th of April 2009.

PROCESS GUIDELINES & TERMS OF BUSINESS:

Please note that the offering does not supersede existing credit rules and process guidelines and will only be applicable to qualified buyers of Nedbank Owned Properties which can be obtained at www.nedbank.co.za.

Vacant land is included as part of the offering for qualifying buyers.

If this is something that interests you, please feel free to contact Wizzard home loans today!

13 comments:

Colin Brazendale said...

Nice deal! I hope the other banks follow. That is one way to get rid of stock.

WizardMan said...

yeah very clever move by Nedbank.
They obviously realise that they're still going to be repossessing a whole lot of properties...

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Friend of All said...

Nice deal I hope the other banks follow. That is one way to get rid of stock.
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prashant said...

Good deal....... Boise real estate

condo manila said...

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Charles A

kwikquid said...

People who have the need fo this they have a good option for them

pharmacy said...

Indeed it was a very clever move by Nedbank.

Payday Loans said...

Properties are one of the biggset thing now a days , its not east to purchase a property everywhere, I think that this blog will definitely help to get a suitable property.

no credit check loans said...

Unbelievable, I cannot believe that there are so much less PIP than in 1999.

I wonder if it is because there are more property investors buying up these PIP’s or there are more investors finding the people in distress before the bank does a repossession? Like myself.

Gurgaon Escorts said...

This solution is really not a permanent solution.The situation demands something else.Thanks for such post.

Happy house owner said...

Hi,

First of all, thanks for your informative blog.

For the first time property buyers out there - buying repossessed property is definitely the way to go. I bought a repo property on auction and saved thousands!

Be on the lookout for this type of deal since you will have some money left in your budget to buy furniture as well :)