To find a list of Capitec Bank Repossessed Houses in South Africa you may actually need to look for the list of SA Home Loans repo Houses. That is because the home loans provided by Capitec Bank are in fact provided in association with SA Home Loans.
What Are Repossessed Houses?
In South Africa, a repossessed house refers to a property that has been taken back by a lender, such as a bank or financial institution, due to the homeowner's failure to meet their mortgage payments or fulfill their loan obligations. Repossession typically occurs when the homeowner defaults on their mortgage or falls behind on loan repayments.
The properties are sold by Capitec / SA Home loans or by agents working on behalf of Capitec, at prices well below their normal market value.
Featured Bank Repossessed Houses
Photo | Province | Area | Suburb | Price | Beds | Baths |
---|---|---|---|---|---|---|
Gauteng | Vanderbijlpark | Vanderbijlpark CW 5 | R 225,000.00 | 3 | 1 | |
Gauteng | Midrand | Vorna Valley | R 1,375,000.00 | 6 | 3 | |
Gauteng | Johannesburg East | Bellevue East | R 125,000.00 | 2 | 1 |
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