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Rudco Under Investigation! 2007-08-31 09:22:00 FURTHER MORE TO THIS ARTICLE NCR HAVE LAID DOWN SOME RULES AS TO RUDCO'S BUSINESS PRACTICES SEE http://www.ncr.org.za/press_release/Rudco.pdfRudco, Rudco, Rudco, oh what are you people doing! Firstly, never screw with peoples money it will always bite you in the ass! Secondly, trusting a company with what is most likely going to be your single biggest investment in life into a company that has no SOLID financial backing, SILLY!As you may or may not have heard, RUDCO are now under investigation. Much like their predecessors FINBOND who themselves were given a good scolding years back when they decided to charge people for bond origination services, when this clearly went against all credit regulators and laws...According to Moneyweb "On Thursday the NCR announced that it had found Rudco had contravened a number of provisions of the National Credit Act (NCA), and its predecessor, the Usury Act. One of the major contraventions of the law was Rudco's policy to accept payments for loans b
THE DEBT DOCTOR ! Relieving the pain of debt 2007-08-29 20:55:00 IS THIS WHAT YOU SEE AT THE END OF THE MONTH!!!!! The horror of spiralling debt........Let the DEBT DOCTOR help you!!Cut your credit card facility by 50% immediately, then by another 50% and then when paid off chuck your credit card away. This is a killerPay your accounts early - this will look after your interest payments and your credit rating on the whole.Do not pay debt with debt - unless you really know what you are doing.Save cash to buy those funny things - retail accounts are great, until you have to pay them.ALWAYS ask for discounts - from attorneys, doctors, clothes shops, Spar, Checkers EVERYWHEREDraw cash from your own banks ATM and don't do it often!!!!!Plant your own veggies!!! - Its mentally good for you and is cheaper to manage and healthier..and just great fun - A windowsill can produce a lot of fresh goodies!Check out your credit record - regularly If your on, Get off!!!Speak to your bank always. Standard, Absa, Nedbank, FNB all of them - they are very human folks. Read more:Relieving
HEAVEN IS ON OUR DOORSTEP!!!! 2007-08-23 04:03:00 INVESTMENT OF THE MONTH AUG 2007I recently went to Dullstroom and visited Walkersons who are selling awesome freehold stands for development. Firstly, it was amazing - must be the best fly fishing address around.Secondly, Trish Kennedy from Zest Properties was just a 10/10 person. Thanks for not only carting us around but sticking us to a delicious lunch at Walkersons was great.Pricey??? You could say so, BUT you have awesome positions, magnificent views and without doubt some of very best fishing rivers and dams available.Not much left to choose from as this deal is almost sold out. DEFINITELY WORTH A LOOK MR INVESTOR!!!
Manage Your Debt Responsibly 2007-08-22 17:36:00 Hello all... So good to see that people are still reading the SA Property BLOG, and we're proud to say that it's now the number 1 portal and information station for all South African property and finance related information.Seen as the only ongoing and exciting news in the world of property right now is the national credit act I though we'd put together a little list on how to manage your debt responsibly. We get endless phone calls and email from people asking us about credit issues that they have, and personal loan debts and it's quite sad to see that so many people are in the financial dilemma's that they're in... So once again in an effort to help South Africa become and debt free society here's the TOP 10 yes TOP 10 debt management tips and hints that help people Manage
Their Debt Responsibly.Avoid Making Impulse Purchases - If you don't have the extra cash to blow, avoiding blowing it. Instant gratification is all fine and well but it ain't that great when that bill arri
Sectional Title - Online Property Course - Chapter 3 2007-08-20 09:43:00 Feedback has been awesome. Thank you all for the input and advice so far.If you looking for the previous chapters see:Sectional Title
- Online Property Course - Chapter
1Sectional Title - Online Property Course - Chapter 2Lets get cracking...Sectional Title RegisterThis topic covers the definition of a register, the application for opening of the register, its legal effect on the real property and real rights involved.1 Description of the sectional title registerWhen the scheme is registered and the land register closed, a sectional title register is opened. In this register a copy of the sectional plan is kept and all the documentation lodged for the opening of the register.All rules, scheme notices and other body corporate documents are kept in the register for the scheme. There are two files in each sectional title register, one has all the sectional plans and the other has all the documentation.2 Applications for opening of sectional title registers – section 11(1)In terms of sec
INTEREST RATE OK NOW WHERE!!!!! 2007-08-16 08:25:00 Interest rate hikes?? WE NEED A BIT OF MAGIC TITO!!!!13.5% it is - up 0.5%Im listening to online feed as we speak on SABC news newsfeedSo Food increases is a BIG BIG problem, affecting us allNCA - an impact thats defintely changed to 21,5% in June to private sector loans.The JSE has tanked over 4% as global markets roiled amid a credit scare, with one UK economist calling it "pure panic". I agree totally.Interestingly, the bank's Monetary Policy Committee meeting is taking place against the backdrop of worrying jitters on international financial markets prompted by worldwide credit concerns. Emerging markets, including South Africa, were not spared by this volatility, with the Johannesburg Securities Exchange closing in the red and the rand weakening to a four-month low. This bodes well for South Africa in the medium term, but it could be a rough ride in the short term.0.5% Thats it Rate today is 13.5%
Sectional Title - Online Property Course - Chapter 2 2007-08-13 06:33:00 Welcome to SA Property Blogs second part of our Free Online Property Course. Still dealing with the massively popular area of Sectional Title
here's part 2...Sectional Title Part 1Sectional PlanThis topic looks at the definition and purposes of a sectional plan:2 Description of a sectional planThe main aim of a sectional plan is to show the division of the land and the buildings comprised in a sectional title scheme into sections, common property and exclusive use areas.The sectional plan will be the legal source for discovering the exact boundaries of sections, the common property and exclusive use areas.3 Features of a sectional planSection 5(3) of the Act requires that a draft sectional plan must:show the boundaries of the land (the sheet showing these boundaries is known as the 'block plan'and is normally sheet No. 2);give the name of the scheme;include a scale plan of each storey in the buildings;define the boundaries of each section and give each one a number;show the floor ar Read more:Chapter
BUYERS OF LAND BEWARE - TAX TRAP AHEAD! 2007-08-13 06:19:00 THE TAX COP IS WATCHING YOU!!!!!From 1 October 2007, buyers of immovable property are required to withhold "advance taxes" (for CGT - Capital Gains Tax) where the seller is a non-resident.ALL buyers where the purchase price is R2m or more should now establish whether the seller is a resident or non-resident - not doing so could land you with a hefty liability to SARS.If you fail to withhold the tax, you become personally liable for it.Having to double pay between 5% and 10% of the purchase price will be extremely painful.The scale varies according to whether the seller is a natural person, company or trust.The percentages are as follows:- 5% for a party who is a natural person;- 7.5% for a party which is a company; and- 10% for a party which is a trust.It can also be hard to determine whether or not a seller is a "resident" for tax purposes, so you would be well advised to have the sale agreement professionally checked to ensure that it contains clauses to safeguard your position, inc
Sectional Title - Online Property Course - Chapter 1 2007-08-10 05:22:00 As promised here comes the first of our new Free Online Property Courses. An initiative by Wizard Midrand home loans.SchemeThis topic looks at the concept of a 'development scheme'. It covers the underlying definitions, the approvalprocedure, building compliance and residential tenant protection.1 Sectional Title
SchemeA sectional titles scheme comes into being when conventional land and buildings are 'developed' under the Act as a 'scheme', or 'development scheme'. This happens when a developer decides to divide the land and the building(s) on the land into sections and common property by opening a sectional title register for the land and the building(s).At this stage the entry in the land register for conventional land is endorsed to the effect that the land is included in a development scheme under the Act and no further entries are made in the land register.2 Approval procedureSection 4 of the Act covers this aspect. A developer who wants to develop a sectional title schem Read more:Chapter
SA Property - Free Property Courses Online! 2007-08-06 17:07:00 Happy Tuesday morning to you all... Why am I so happy you may ask yourselves, well firstly my website is finally averaging over 100 hits a day. I know it doesn't sound like alot but I'm ecstatic.Secondly I found out that Thursday is a public holiday in South Africa, which means SA Property gets to play golf of Thursday morning. Wooohoooo....Thirdly, after much debate and chatting with the powers at be, SA Property will be putting together the first FREE ONLINE PROPERTY COURSES. This will include manuals and course material for South African property buyers, South African property sellers, South African mortgage originators, South African property attorneys and anybody else interested in property laws, regulations and the like.It's an initiative that I hope will make SA Property Blog the number one Property BLOG in South Africa for good informative material and real estate related news. If there's anything you'd like me to add or would like us to discuss please feel free to comment
Property Site tells users where to find Property! 2007-08-01 06:00:00 Your Property woes are gone. Finally, an initiative, maybe even a world first from the owners of Gravity.co.za, South Africa's first property search engine.An article from the owners of Gravity.co.za..."For quite a while we've wanted to provide our users
with an area-type search feature where they could see, at a glance, all the houses in a particular area/within a given radius.Most real estate property sites overseas would probably implement it as a map, but since South African agents don't provide street addresses for their listings and reliable street/area information biased towards real estate (e.g. that include estates, brand new road and suburbs that are continually appearing) is not really available, map searches are not an option.There just seemed no way we could get something useful out until we suddenly realised that we had hundreds of thousands of users who had been telling us exactly what suburbs they thought were relevant to them. South African users are patient Read more:tells
The GUERILLA HANDBOOK for MORTGAGE ORIGINATORS 2007-07-30 08:53:00 BY NOW YOU MUST BE AS CONFUSED AS THE MAN NEXT DOOR. MAYBE YOU HAVE BEEN DRINKING THIS TEA."This Morning when we drove down the road, we saw 7 garages open on to the street each with a new Mortgage Originator or better known as a Bond Originator offering a new service,where do they come from?"...a confused Lena LeftyWhen I received this mail I knew we needed to do some explaining.Firstly, there are 100's of new bond originators on the market and everyday a new one seems to pop up and offer some FABULOUS new deal , but there is a reality out there. There are the guys who founded this industry with years of seriously great experience and there are the OTHERS who feed off the rest. Then there are the estate agents who have also set up their own deals with banks and of course there are the BANKS themselves who also want a slice of the action - CONFUSED??? I'm not surprised.So who are the real guys and whose next in line etc?Well the original guys on the block with most experience all sta
Home Loan Referrals! 0.35% Commission! 2007-07-26 04:46:00 Wizard Midrand are starting a new online HOME LOAN REFERRAL campaign. With a selection of banners to choose from Wizard Midrand are offering home loan sites and South African property sites the chance to start generating income for themselves.Wizard Midrand will offer 0.35% commission for any successful bond applications done through their site. If you're an estate agent or run a property site Wizard Midrand offer extremely good commission structures too...If you think it's sounds pathetic let me give you an example:You bring in 5 bonds of R 500 000.00.That's going to make you R8750.00 extra PER MONTH!Bring in 10 of those averaging R 1 000 000.00 a bond which by South African standards seems to be your average bond will make you R35 000 per month. It's a no brainer people...If you're interested contact Steven on steveng @ gmail.comBANNERS ARE AVAILABLE IN THE FOLLOWING SIZES:120 x 240120 x 60120 x 600125 x 125250 x 250350 x 60 Read more:Commission
Foreign Investors - Buying Property In South Africa 2007-07-26 02:49:00 NEWS NEWS NEWSI LOVE NEWSCall me weird but I just love picking up the paper and finding a property related article, specifically a property related article that's worth blogging about.Today's lucky winner is the Pretoria News.Property in SouthAfrica
still open to foreign buyersThere's been alot of talk about adding restrictions on the foreign ownership of property in South Africa
. According to the Pretoria News the reason there's been such escalations in the price of property is because of the foreign investmentors that have been pouring into S.A. over the last 5 years.Is that true, partially, they bring money in, they're willing to pay more so property prices jump up! However, lets think a little about this, NCA being released, new credit laws, interest rate hikes, they're all BIG BIG BIG contributors to the property price escalations. Personally i think it's someone who's blaming foreigners for the average price of a house on the Pam Golding website sitting around the R1 500 Read more:Foreign
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COME TO LUNCH I WANNA BUY YOU!! 2007-07-20 07:41:00 I have to laugh, the phone calls from the kiddos on the block to entice us pure mortals (bond originators) who work our butts off to make this industry great as it should be...is getting fast and furious! Be careful guys! WHOSE PLAYING YOUR TUNE!!The folks who want a bigger marketshare, without having to work for it are after your slice of the business in the bond origination market...with offers to die for. I already feel like Victor Matfield except my offers are a bit more local but I still feel like a hooker in the scrum(You know what I mean)Rumour Mongers are trying to JIVE US ALL SO WATCH OUT!!! If the rumours were true I would be standing on the street corner with a new sign:No Money, No wife, No Bond Origination Work, No NCA assistance. Grass is Greener on the Other Side No Alliance or Mortgage Works available HELP!!Well Stuff the Bull! July figures are on target, business is great and Mr and Mrs offers of greatness - Go Get A Job - I've got mine!!!!!
Splitters and drop a bombs and parking salaries for BONDEES 2007-07-19 18:02:00 Recently I was asked by question from Alex on an earlier article so I thought I would share this as you need to step up your creative juices. It is your money after all. Change your own spots.....be the bankerYes splitters and bomb drops and parking your salary all end up towards a similar end result. Either easing your home loan payment load or playing bank yourself and using your home loan account as a kind of savings account. The banks in general prefer to MANAGE your money for you, but of course at a service cost.The key to all of this is DO YOU HAVE ACCESS TO ANY ADDITIONAL MONEY PAID INTO YOUR BOND ACCOUNT.SO instead of splitters etc try to stay away from stop orders etc. Instead turn your bond account into your current account.Make sure you have Internet access to both your bond account and your current account. If you can link them together even better so.Then make sure your salaries or income is paid into your bond account on a monthly basis. AT month end transfer the total su
INVESTMENT CLUB, SYNDICATION, FRACTIONAL OWNER, SHARE BLOCK UHMMMM!! Time to fly!!!!! 2007-07-19 02:33:00 SO where to now! I love this property business and I know there has to be a new way of doing old things. The NCA has me slowing my pace down, but I KNOW I WANT MORE, but I'm being limited. My risk is up there somewhere, I have the bucks and am earning well and will continue to do so, so how do i buy more property. Where do I buy and what is going to give me a decent return on my investment. TIME TO PUT ON YOUR THINKING CAP!Traditionally, we bought, we fixed and we built - and we were the proud owners of our own little nest!BUT, we carried the costs, the expense, the risk ALL OF IT!!!Time has come for us to share the load and their are some very cool ways of doing it;Investment ClubsFractional OwnershipSyndicationShare Block (Uhmmm heard of this many times)Hell man! there are many ways to go ahead and once again start having property fun. All we need to do is forget the doom and gloom keep our eyes on the pennys and.....be different and step out of your comfort zoneSO what is it: Lets
South African Property - June/July Market Summary 2007-07-13 03:42:00 BOOMIt's been chaotic and exciting to say the least...The last month in South
Africa has been a shock to the home loans and property barons and I think it's definitely worth a nice little summary. For those of you who missed all the excitement, well, here's your chance to catchup!To summarise it all, I'd say the 3 major impacts and stories have been the following:The National Credit ActRudco Financial ServicesBank ChargesThe National Credit ActFirst was the property boom, prices rising, interest rates dropping then, WAM BAM, thank you MAM, here comes the National Credit Act. All of sudden, investors who were purchasing homes by the dozen every month, found out that they could no longer afford (REALLY AFFORD) anymore property. Banks started declining bonds left right and centre because people were hiding money from them and claiming they were earning R60 000 a month when there statements were only showing R20 000 worth of income.To top it off, the interest rates went up! WHAT THE HE Read more:African
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Rudco - Home Loans @ 6% - WATCH OUT! 2007-07-09 21:15:00 Happy Friday to all you readers out there. It's been a long a busy week for home loan and mortgage originators with all the HOOHAA of the National Credit Act. It does however look like the banks are slowly starting to get things under control again. Just to let you all know. Bank Submissions are now taking 10 - 14 days. It's no longer the 5 day turn around time we've all become accustomed to.Anyway back to the topic of the day. RUDCO Finance Company.Let me tell you these RUDCO boys are causing quite a stir at the moment. Take a look at the article on MoneyWeb's site: Home Loans
Fixed @ 6%.Apparently you can get your home loan now @ 6% interest. Be careful people, when a company (Rudco) claims to have financing from a external source and they're not backed by the banks or registered as a registered financial institution, those blinkers should start flapping.Firstly: Who does Rudco get their financing from, and why are they not disclosing it.Secondly: Rudco claim to be using the Wor
Wizard Home Loans sponsor White Lions! 2007-07-09 05:43:00 Wizard home loans - WhiteLions
SponsorsI'm pleased to say that Wizard Home Loans
are now PROUD PROUD SPONSORS of the White Lions Re-introduction program. Currently there a handful of White Lions living in the Timbavati Game Park. This is the only White Lion wildlife reserve on the planet and is where the first White Lion was born in the wild...Wizard Midrand having actively been involved with helping re-introduce the White Lions back into the wild, have now taken a new turn in the sponsorship of this amazing achievement in the world of African Wildlife programs.Every month 10 people whose home loans have been registered through Wizard Home Loans will automatically become proud members of the White Lions Africa Project. This is of no extra cost to the clients but Wizard will take a percentage of the profits made from those 10 bonds and donate this to the White Lions of Timbavati.Those 10 lucky people will also receive the following:1. An opportunity to visit the White Lions and par Read more:Wizard
Are banks charging you more than they need to with bank charges? 2007-07-03 04:15:00 DID YOU KNOW?Bank charges make up 40 % or more of the banks
revenues!Where else in the world does an entry level employee pay more in bank charges than he does in tax?An average person earning R2800.00 per month will pay 4 % of his income in bank charges per month. Can banks even explain what we are paying for. No explanation? Nobody I've have spoken to knows exactly what they're paying for in bank transactions because of the way banks reflect their charges and the way they structure their packages. Over and above this, are there hidden costs that we are not aware of?In the US, it is so easy to open a bank account, and even better there are no charges involved. You receive FREE atm withdrawals, limited number of cheques, electronic funds-transfer payments, and Internet banking. Amazing!In South Africa the average individual pays +/- R1800 on charges per annum on a normal current account. Take penalty fees for example, why are these so high? If you have an unpaid on your account due t
Buy To Let - Rentals Going Up! 2007-06-29 17:12:00 Well it's a sad state of affairs when I finally realised this morning that the first thing I wanted to do was look at my BLOG. Gone are the days where I used to drink till 4:00am, party all night and sleep all day! I have become an online nerd! AND I LOVE IT!So good morning to you all!After writing my article this week about Buy To Let Mortgages I realised that I'd left out the part about:"Now that Buy To Let has become the BIG THING for property investors in South Africa, Rentals
, well unfortunately, they're going up!"So this article is for those of you that are renting.South African tenants face major increases in rentals over the next couple of years. According to the Record newspaper, the massive movement of people from outskirts of South Africa to the city centres are forcing rental prices up. Along with this the demand for apartments and flats to be built cannot keep up with the demand for rentals themselves.With property prices booming in SA, more and more people are starting Read more:Going
Buy To Let Mortgages - Top 10 Tips 2007-06-27 06:27:00 Top Ten Tips for Buy To Let!1. Choose the Right PropertyLocation, location, location...2. Choose the Right MortgageCheck the amount you can afford. Remember that with the National Credit Act of South Africa it's no longer 30% of your income that's taken into account on your qualification but what you can afford after your expenses have been deducted at the end of the month.3. Work out Costs and IncomeWork out how much your monthly mortgage repayments will be and whether your rental income will exceed this.Remeber to look and see whether you can afford your mortgage repayments if the interest rate increases again (most likely to go up another 0.5% in the next 6 months). Another thing to consider is that should your tenant dissapear, can you afford to pay the mortgage costs for the next 3 months?4. Buy To Let 'Hidden Costs'Don't forget your bond costs. There's registration costs, transfer fees, attorney fees, Stamp Duty and posts and petties. Check out the Bond Costs tab at the top
I WANNA BE A PROPERTY BARON!!!!!! 2007-06-21 18:10:00 I WANT TO GET INTO THE PROPERTY BUSINESS ON A PERSONAL LEVEL - I'M JUST NOT SURE WHERE TO START!!!!!!Thanks for the frank and open emails I have received lately and just to touch base here are some of the real deal answers. Yes, it gets quite daunting as everyone seems to worry more about themselves first and only then consider any form of straight and open answers to where to go and how to get involved. There are no 100% fixed rules except for death and taxes, but these are the guidelines we use and have done so successfully.I, and my whole family, Wife, son, sisters in law, brothers in law etc are in the property business and not only do we do financing (Mortgages) but we do a lot of what you want to do. We buy, invest, build, sell etc as this is a great business to be in and the risk lies with you 100%.Firstly let me answer some simple questions examples are R 20,000 income (Gross) and R 500,000 purchase price.1. You can buy as many properties as you want. The key is can you afford
CALM BEFORE THE STORM???? 2007-06-20 02:22:00 Interesting times and interesting actions in the property market.Has everyone been sucked up in the PANIC by the National Credit Act (NCA)!Is the NCA a KILLER TORNADO....TA DA!!!!!!!Actually guys and girls this is a great thing for us and if we don not panic we will start seeing great results....AND HOPEFULLY THIS LEADS TO A RATE REDUCTION (DO YOU HEAR UNCLE TITO!!!)What was 5 days to getting a home loan granted, is now a bit longer, about 7 to 10 working days...Whats great about it all is that we see for the first time...1. Folks looking carefully and what they spend their money2. Folks saying..maybe I should manage my money better (Do some consolidation) - If you want help here call me.3. The banks getting to actually offer you something substantial that will NOT put you at risk when interest rates jump.4. Folks buying for themselves versus buying for investment - it looks like we will see a lot more fractional ownership deals happening - If you want info email me. Remember financing
Top 4 Legal Pointers when Buying Property 2007-09-19 04:07:00 Before you buy, ask a conveyancer to check zoning regulations and title deed conditions so you know what your new neighbours are allowed to do. If you lose your view or find a business loading zone right next door, you have only yourself to blame. If you are a first time buyer and wondering whether to buy in your own name or set up a cc, company or trust, remember that under the SARS regulations for capital gains tax, you now face 50 per cent tax liability on the nett capital gain when selling a property registered in a trust, cc or company, as opposed to 25 per cent as an individual.If you buy into a sectional title and want to extend your unit, you will need the approval of the members of the body corporate before you go ahead.If your neighbour at the end of the street paints his double-storey facade a lurid pink, there is nothing you can do. Grin and bear it!
Read more:Pointers
, Buying
101 Posts! Wooohooo 2007-09-19 03:50:00 Ladies and Gentleman, oldsters and youngsters we've hit 100 posts.Actually 101 posts so I'm a little upset that we missed the 100 post celebration but what the hell. Who am I to complain.Anyway, just wanted to say thank you for the ongoing support.And keep on reading.WizardMan Out!
Buying Property from a Developer! 2007-09-18 07:34:00 People love this. Don't you want to buy from the developer. It'll save you thousands and thousands of rands, and often it does. but "Buying
Property from a Developer
" is it all that grand?What the developers love to do, and it's a quick and sure way for them to sell their properties off plan is that they build one or two units. This way they have a sure way to show them off or as estate agents like to say put them "on show". You then see this great opportunity to buy "off plan". What falls into your lap now should you go for it is the following; 1. The responsibility to ensure that the time scale is realistic2. He is a reputable developer3. Checks are made on his credentials4. Whether or not the developer is using a builder5. Ensure you establish exactly what the development includesA marketing tool that the developers use is the fact that "transfer duties are not payable". What the purchaser does not realise is that the developer is registered for VAT. and the VAT amount is include Read more:Buying Property
Rudco First NCR Now Scorpions! 2007-09-14 01:34:00 Rudco Finance in the dwang again! First
ly, they were under investigation by the NCR, now they've been handed over to the Scorpions!This makes me happy, a happy happy prson. What this means is South Africa is no longer taking CRAP from anyone. It also looks like we now have a governing body that's helping us fight corruption amongst the business ranks. Well done people. And congratulations to all who helped fight this fight.To follow our news check out previous Rudco articles:Rudco Home Loans 6%Rudco under investigationAlso please check out the new article about Mortgage Fraud and Silvertale InvestmentsAs soon as I get the Pretoria News this morning I'll publish the article for you all.WizardMan Out!
Mortgage Fraud and Scandals! Watch Out People. 2007-09-13 02:47:00 MORTGAGE FRAUDSTERS You know when you wake up in the morning on the right side of the bed, with a bright big smile on your face and ready to take the world on without even blinking. You open up your mailbox and you've got a couple of leads and you decide to call one of them, and within 5 mins of listening to this guys story you want to cry...Well it happened to me yesterday. It actually upsets me so that people get caught in these traps and schemes and loose thousands if not millions of rands. Well, I'm sick of hearing about them and I've decided to write about the story of Justin Peens and Silver Tale Investments CC. I hope to GOD that this story reaches the people it should reach and that it makes such a RA RA around South Africa that these people get caught and sent to jail!Here's his story:In February 2007 I went to a place called Silvertale Investments to apply for a mortgage and to consolidate all my existing debts. The lady I spoke to whose name was Suzanne, said she was ver Read more:Mortgage
, Mortgage Fraud
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