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Quick Sell properties

On Quick Sell private sale properties you get 50% discount on transfer-of-bond attorney fees & 50% off bond registration fees. No transfer duties payable on Quick Sell repossessed properties. Start house hunting today.

 

Quick Sell Private Sale Properties

Quick Sell private sale properties refers to properties where customers have appointed the bank to market their properties on their behalf through approved estate agents. These properties can be viewed on www.quicksell.co.za.

  • FNB offers buyers up to 100% bonds on all Quick Sell Properties.
  • Buyers receive a 50% discount on attorney fees pertaining to the transfer of the bond and 50% off bond registration fees. (provided both transfer and registration is handled by the FNB appointed attorney).
  • Property rates and taxes (including all arrear amounts in this regard) will be paid by the seller.
  • All properties are sold 'as is'.
  • Only conveyancers on FNB's panel of conveyancers will be used.
  • Where the property is guarded, an appointment must be made with the specific security company prior to viewing the property through the nominated estate agent.
  • All Quick Sell Properties are marketed via a sole mandate through an estate agent as appointed by FNB.
  • Normal credit lending criteria will apply on Repossessed Properties and Quick Sell Properties.

All properties are marketed as Quick Sell Properties. Please ask the agent marketing the property whether it is a Quick Sell Private Sale Property, Quick Sell Repossessed Property or a Quick Sell Insolvent Estate Property.

 

Quick Sell Repossessed Properties

A property becomes a Property in Possession (PIP) or Bank Repossessed Property, once a customer has defaulted and the bank's reserve price was not achieved at auction. These properties can be viewed on www.quicksell.co.za.

General information about Bank Repossessed properties:

  • FNB offers buyers up to 100% bonds on all Quick Sell Repossessed Properties, even with a bond for first time buyers.
  • No transfer duty is payable by the purchaser.
  • There is no discount on attorney fees as per Quick Sell Private Sale Properties.
  • Property rates and taxes (including all arrear amounts in this regards) will be paid by FNB until the date of registration.
  • Transfer is often much quicker.
  • All properties are sold 'as is' with no suspensive conditions allowed.
  • Only the conveyancers on FNB's panel of conveyancers will be used.
  • The purchaser is responsible to obtain an electrical compliance certificate
  • FNB does not warrant that the purchaser will be able to obtain vacant occupation of the property.
  • Where the property is guarded, an appointment must be made with the specific security company prior to viewing the property.

All properties are marketed as Quick Sell Properties. Please ask the agent marketing the property whether it is a Quick Sell Private Sale Property, Quick Sell Repossessed Property or a Quick Sell Insolvent Estate Property.

 

Quick Sell Insolvent Estate Property

A property becomes an Insolvent Estate Property where a customer has been sequestrated and the Master of the Supreme Court appoints a liquidator/trustee to manage the estate. These properties can be viewed on www.quicksell.co.za.

General information about Insolvent Estate properties:

  • A 10% deposit is required to be paid into the trust account of the trustee when the purchase price is between R 1 to R 750 000
  • A 5% deposit is required to be paid into the trust account of the trustee when the purchase price is higher than R 750 000
  • There is no discount on attorney fees as per Quick Sell Private Sale Properties
  • The property is sold 'as is' with no suspense conditions allowed
  • Risk, possession and occupation of the property passes to the purchaser on date of confirmation of the sales agreement by the liquidator/trustee
  • Occupational rental is payable to the estate at a rate of 1% per month on the purchase price
  • The purchaser is responsible to obtain an electrical compliance certificate
  • The sales agreement is subject to approval by the Master of the Supreme Court
  • Guarantees are to be delivered within 30 days of confirmation of the sales agreement by the liquidator/trustee
  • Only the conveyancers on FNB's panel of conveyancers will be used.

All properties are marketed as Quick Sell Properties. Please ask the agent marketing the property whether it is a Quick Sell Private Sale Property, Quick Sell Repossessed Property or a Quick Sell Insolvent Estate Property.

 

Contact Details

Call 087 730 11 77 to find out more

 

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