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Thursday 11th of March 2010
    

Genrand Products

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Address:
59 Long Street
Second Floor
Langham House
Cape Town
South Africa
8001

Telephone: 0861 GENRAND
Fax: 021 424 9343
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Home Rescue:

Home Rescue is aimed at assisting those who:

 

·         are in arrears with their bond repayments

·         need to release equity from their homes to settle debts

·         are about to have their homes repossessed by the bank (received summons from the bank)

·         are under Administration or bankrupt

·         are about to have their homes auctioned

·         want to stop repossession

·         face foreclosure and need to stop foreclosure

·         want to avoid repossession or house being attached

·         need a quick home sale.

 We will prevent the home owner from being financially ruined, as a result of their homes being attached by the Sheriff, the home being auctioned off by the bank, being evicted from their homes, blacklisted, prevented from being granted credit for a very long time and left emotionally embarrassed.

 

How is this achieved? We have a group of investors that will buy your home for a fair price [but not less than your outstanding bond] and who will afford you the option to repurchase your home at the same / an agreed price, within 6-12 months. You will be allowed to remain in the home –  while you endeavour to put your affairs in order such as, settling debts and removing your name from the credit bureaus.

 

 All activities are regulated by contracts drawn up by attorneys involved with normal bond registrations and property transfers for banks. Everything is disclosed to the client and gets your prior approval.

 

With HOME RESCUE, YOU TAKE CONTROL of your situation.

 

NO BLACKLISTING – keep your credit record intact

·         Stay on in your home – no need to uproot your family

·         Settle debt from available equity released.

·         Have an option to repurchase your home within 12 months (by negotiation)

·         NO monthly rental payable (negotiable) – this improves your cash flow

·         Buys you time – to reorganise your life

·         Turns a bad situation into an opportunity

·         Option to continue to rent – no obligation to buy the home back after 12 months

·         Relief from a stressful situation – no  embarrassment

·         Upfront costs disclosed – no surprises

·         Keep your good name intact

·         Avoid home repossession and financial ruin

·         Sell and rent back

·         Please note that each Home Rescue transaction differs, and the terms thereof are negotiated between the parties.



Apply for Bridging Finance quickly and easily using our confidential and secure online application form.

>> Apply Online Now
 

Bridging Finance

Apply for Bridging Finance quickly and easily using our confidential and secure online application form.

>> Apply Online Now

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