For homeowners struggling to keep up with their bond payments, the Seeff Express Sales Programme offers a crucial lifeline. This Bank Assisted Sales Programme is designed to help clients facing financial difficulties by providing structured support and expert guidance. Through the programme, Seeff agents, who have undergone rigorous bank-approved training in "Bank Assisted Sales," assist clients in navigating their financial challenges effectively.
We understand that these are incredibly challenging times, and at Seeff, we are committed to standing by you every step of the way. Financial difficulties can be overwhelming, but you don't have to face them alone. The Seeff Express Sales Programme is not just a service; it is a partnership. We work closely with you to ensure that you have all the information and support you need to make the best decisions for your financial future.
Our dedicated team of agents are trained to handle the complexities of bank-assisted sales with compassion and professionalism. They understand the stress and anxiety that can come with the prospect of losing your home, and they are here to help alleviate some of that burden. By providing personalised assistance, our agents aim to create a supportive environment where you can explore all available options to manage your bond payments and avoid foreclosure.
The Seeff Express Sales Programme offers a range of solutions tailored to fit your unique situation. Whether it's renegotiating terms with your bank, finding a buyer quickly, or offering advice on financial planning, our goal is to help you find the best possible outcome. We believe in empowering our clients with knowledge and options, ensuring that you are never left in the dark about your choices.
We at Seeff care deeply about our client's well-being, especially in these difficult times. Our commitment goes beyond just business; it's about building lasting relationships based on trust and mutual respect. We want you to know that your financial health and peace of mind are our top priorities. By choosing the Seeff Express Sales Programme, you are not only getting expert assistance but also a team that genuinely cares about your future.
In addition to our bank-assisted sales expertise, Seeff provides a wealth of resources to help you stay informed and prepared. From financial advice and market insights to emotional support and practical guidance, we are here to support you through every phase of this journey. Our aim is to help you emerge from this challenging period stronger and more resilient.
At Seeff, we are more than just real estate agents; we are your allies in navigating financial adversity. Let us help you find a way forward, providing the support and solutions you need to reclaim control of your financial life. Together, we can turn a challenging situation into an opportunity for a fresh start. We are here for you, and we are dedicated to helping you through these difficult times with care, expertise, and unwavering support.
Bank Collaborations for Tailored Financial Assistance
The Seeff Express Sales Programme partners with four major banks in South Africa, each offering distinct relief options to help homeowners manage their financial burdens:
- Standard Bank (Easysell Programme)
- FNB (Quicksell Programme)
- Nedbank (NAS Programme)
- Absa (HelpUsell Programme)
Standard Bank Easysell Programme
The Standard Bank Easysell Programme offers several benefits to clients facing financial hardship:
- Up to 10% Discount on Outstanding Balance: This discount is available if there is a shortfall, providing significant financial relief.
- Arrear Rates and Taxes: These can be debited to the account to assist with cash flow management.
- Agent Commission: A competitive rate of 5% plus VAT.
- Mandate Period: The programme includes a 90-day mandate period, with a 60-day sole mandate and a 30-day open mandate.
- Exclusive Use of Easysell Attorneys: Ensures a streamlined process.
- Interest-Free Shortfall Repayment: Shortfalls can be repaid interest-free over 5 to 10 years, making repayments more manageable.
Absa HelpUsell Programme
Absa's HelpUsell Programme provides tiered discounts based on the duration of arrears:
- 50% Discount for Accounts 3 Months in Arrears: Offers immediate financial relief.
- 30% Discount for Accounts 3 to 6 Months in Arrears: Substantial relief for those with longer arrears.
- 10% Discount for Accounts Over 6 Months in Arrears: Assistance for clients with long-term financial difficulties.
Nedbank NAS Assisted Programme
The Nedbank NAS Assisted Programme offers comprehensive relief options:
- 50% Shortfall Forgiveness: After the property sale, 50% of the shortfall is forgiven.
- Interest-Free Acknowledgement of Debt (AOD): The remaining shortfall, after forgiveness, is repayable interest-free over five to ten years.
- No Adverse Credit Bureau Listing: Protects the client's credit score.
- No Legal Action: Ensures a hassle-free process.
FNB Quicksell Programme
FNB's Quicksell Programme provides various incentives to both sellers and buyers:
- 50% Discount on Transfer and Registration Fees: Buyers receive this discount if the process is handled by FNB-appointed attorneys (excluding transfer duty).
- Up to 50% Discount on Remaining Shortfall: After the property sale.
- Interest-Free Shortfall Repayment: Repayable over up to 10 years.
- Up to 100% Bonds for Buyers: FNB offers up to 100% bonds on Quicksell properties, making home purchases more accessible.
Conclusion
The Seeff Express Sales Programme, in collaboration with major banks, offers critical support for homeowners struggling with bond payments. By providing tailored financial assistance and expert guidance, the programme helps clients manage their financial difficulties and protect their homes. Whether through discounts on outstanding balances, interest-free repayment plans, or other forms of relief, Seeff and its banking partners offer a comprehensive solution for those in need.