bank.repo.home

bank repo homes offer excellent opportunity of creating wealth for the investor. south african banks have thousands of repossessed homes on their books to look at. the global financial situation makes this a buyers market. there are many benefits in following this route to buy a repossessed home, such as not having to pay transfer fees, leaving the buyer with a considerable saving. fees that still have to be paid : registration of the bond and attorney’s fees. a bank repo home is a valuable asset - if you get it at a good price you can rent it out immediately to cover the mortgage bond installments, while you still have the property that increase in value. or you can renovate it and sell it for a profit immediately.