ASSIST GROUP
OPTIONS & OPPORTUNITIES
“ At last count , South Africa ’ s residential property mortgage sector was valued at R1,027 billion , while the financially distressed property market ( bond in arrears of + 90 days ) was around R46.4 billion . These are worrying times and an increase in distressed sales seems inevitable , with many households feeling mounting financial pressure as their debt repayments and everyday expenses continue to climb .”
Assist Group provides new options for the distressed property owner and opportunities for the investor . “ The sooner a distressed property owner approaches us , the more we can help by either finding a solution to stop legal action or auction , consolidate debt , unlock equity in their property to address pressing matters and improve their home to sell .
For the investor , they have the opportunity to use their investment to make a positive difference , while we ensure that they receive vetted real estate as security and realise predetermined contractual returns which creates a compounding effect .”
" We give the financially distressed owners options and opportunities instead of them automatically going with the Sale in Execution auction route and being forced to accept a price way below market value .”
FUTURE IS NOW
“ Momentum is building and the positive message is spreading . We are in the final process of securing R200 million of facilities from an Alternative Investment Fund and one of the investment banks .
SA Real Estate Investor Magazine OCT 2022 29