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DISTRESSED PROPERTIES related events , and reputational damage . Investors and developers who prioritize ESG factors improve their reputation and establish themselves as responsible industry leaders .
Furthermore , rising interest rates directly affect existing homeowners with adjustable-rate mortgages or variable interest rates . As interest rates climb , their monthly mortgage repayments also rise , placing many homeowners in financial strain . For those already experiencing financial distress , these additional costs can lead to a higher rate of default , further contributing to the number of distressed properties on the market .
Real Estate Assist offers a unique approach to help distressed homeowners in South Africa . Our focus is on enabling homeowners to keep their properties while recovering from financial difficulties .
We aid in unlocking equity for immediate financial needs and maximizing proceeds from property sales . Our commitment extends beyond short-term fixes , aiming to create lasting results and protection for both homeowners and real estate owners including both residential and commercial properties .
Additionally , we specialize in helping non-qualifying prospective homebuyers overcome obstacles to homeownership . Whether it ' s due to factors such as not meeting mortgage criteria , insufficient deposit , adverse credit history , being a first-time buyer , or wanting to test the waters before committing , our tailored solutions bridge the gap between aspiring homeowners and their desired properties .
Our structured real estate solutions , which are not commonly available , prioritize transparency and empower distressed homeowners to make informed decisions about their assets . By embracing our approach , distressed homeowners can find solace and assistance , while aspiring homeowners can seize opportunities to fulfill their dreams of owning a home . Visit our website and get in touch with us today . www . realestateassist . co . za .
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SA Real Estate Investor Magazine JULY / AUG 2023 46