Is a Blacklist Preventing Home Ownership for You?
Is the bank declining your South African right of Home Ownership just because you defaulted or have a blacklisting in your past?
If you are blacklisted by history and intend to repair your adverse record then perhaps there may be an alternative solution for you!
If you are blacklisted by history and intend to repair your adverse record then perhaps there may be an alternative solution for you!
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As a last resort to owning a home the other home purchase alternative people are seeking is 'blacklisted finance'
Blacklisted finance may actually be more harmful than helpful in the end!
Loans for blacklisted people is not the best answer as this mostly requires that you already own existing property and that your blacklisted loan does not exceed the 30% equity ratio of your home. To find out more about this type of loan read this article "Are You Sure That You Want Blacklisted Finance To Purchase Your Home?"
Most people who have a serious blacklisting usually are aware of their problem however many are still surprised, so before you rush out and waste time searching for a new property to purchase perhaps it's wiser to ask "Am I blacklisted and if so then how bad is this blacklist?" Simply request your credit report from Experian or TransUnion. Once you are aware of the problem, you then can take action to repair it!
Loans for blacklisted people is not the best answer as this mostly requires that you already own existing property and that your blacklisted loan does not exceed the 30% equity ratio of your home. To find out more about this type of loan read this article "Are You Sure That You Want Blacklisted Finance To Purchase Your Home?"
Most people who have a serious blacklisting usually are aware of their problem however many are still surprised, so before you rush out and waste time searching for a new property to purchase perhaps it's wiser to ask "Am I blacklisted and if so then how bad is this blacklist?" Simply request your credit report from Experian or TransUnion. Once you are aware of the problem, you then can take action to repair it!
If you are Blacklisted but have a definite desire to repair your bad credit profile then I can show you now how possible it is for you to own the house you desire!
Bond Free Homes is not offering you blacklisted finance or a bond for blacklisted people. In fact, these methods of property purchase are the most expensive in the industry and definitely can cost you an absolute fortune over the full term of ownership. Bond-Free-Homes does not either offer to repair your blacklisting as we are not a credit repair company either!
Don't buy into the lie that you cannot own your own home if you are on the blacklist!
Beware Of the Snake Oil Salesman!
The term snake oil salesman became popular back in the old and wild west American days. The most common usage of the phrase 'snake-oil salesman' was a derogatory term used to describe dubious salesmen selling quack medicines with unverifiable benefits. - Ref. Wikipedia
If you search around you may find some credit repair companies claiming to be able use their specialised legal skills to quickly correct any blacklisting or judgement you have on your name. This off course being in return for a once-off fee!
In some valid cases, I would agree that your record can be cleared or improved, however for the majority of defaulters the simplest reason for your blacklisting is simply that you have not paid, late paid or underpaid on a owing debt, which ultimately reflects at the credit bureau's like Experian or TransUnion ITC.
There are many credit providers offering to assist you with home loan finance even when you are blacklisted and have a judgment against your name. Please understand that Bond-Free-Homes are not credit or financial services providers of any sorts!
The National Credit Act provides specific remedy and guidelines for financial services companies and home loan companies to follow, thus if you wish to purchase a home the "normal" way then you should be prepared for these credit and financial rules which may currently limit your home buying ability.
If you search around you may find some credit repair companies claiming to be able use their specialised legal skills to quickly correct any blacklisting or judgement you have on your name. This off course being in return for a once-off fee!
In some valid cases, I would agree that your record can be cleared or improved, however for the majority of defaulters the simplest reason for your blacklisting is simply that you have not paid, late paid or underpaid on a owing debt, which ultimately reflects at the credit bureau's like Experian or TransUnion ITC.
There are many credit providers offering to assist you with home loan finance even when you are blacklisted and have a judgment against your name. Please understand that Bond-Free-Homes are not credit or financial services providers of any sorts!
The National Credit Act provides specific remedy and guidelines for financial services companies and home loan companies to follow, thus if you wish to purchase a home the "normal" way then you should be prepared for these credit and financial rules which may currently limit your home buying ability.
Let Me Show You How Easy It Is To Buy Your Home Without Using the Bank!
My powerful secrets have finally been revealed and I will show you how to buy almost any house in any area in South Africa!
This is despite being blacklisted or having limited cash, or having ITC issues. Yes, this is a pretty bold statement! I have to back it up with something and I am going to show you how, but this means you will have to spend some time here. Therefore, if you really want to own a home using this powerful technique then you need to read further. Read more about the Lease Purchase Training Course |
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