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Second Bonds are now helping people to become debt free
Second Bonds are now helping people to become debt free
With many people finding themselves in debt due to poor financial management and the down turn in the economy, they are trying to find ways and means to repay their loans and strive to gain financial security for their future. One way of doing it is by taking a second mortgage on their home in order to pay off smaller debts so that they could at least be free of those burdens.
Worcester,
Mpumalanga,
South Africa
(pr4links.com)
12/08/2010
"With many people finding themselves in debt due to poor financial management and the down turn in the economy, they are trying to find ways and means to repay their loans and strive to gain financial security for their future."
With many people finding themselves in debt due to poor financial management and the down turn in the economy, they are trying to find ways and means to repay their loans and strive to gain financial security for their future. One way of doing it is by taking a second mortgage on their home in order to pay off smaller debts so that they could at least be free of those burdens.
The problem for most South Africans is the difficulty they have in obtaining first or a second home loans. Many people find that appealing to the banks for help is very frustrating mainly due to the lengthy procedure it takes to finalize matters, and also the time wasted having to visit the bank many times to get your loan approved. This is where “Secure Bonds” steps in order to help people to get their loans in a manner that is impossible for the ordinary person. By obtaining their services, they will ensure that they take your burden upon their shoulders to pressurize the bank to lend you the necessary money while all you have to do is relax and plan what to do with it.
What actually happens here is that the home owner uses his home as collateral to secure a second home loan to pay of his critical debts and to get them out of the way. If the home owner, however, defaults on the payment of the loan the house is sold by the lender to pay off; first the earlier bond and then the second bond. When it comes to a case of restructuring debts, it becomes imperative to refinance a second home loan. Even if the needs are different such as needing a loan to carry out repairs to your home or any other situation where money is required urgently, a second bond is definitely going to be needed to meet those expenses.
A spokesman for Secure Bonds stated quite categorically that they were prepared to offer these services to home owners and other who required a second bond in order to become debt free. Better still, they were willing to offer their services completely free of charge. According to him, all you have to do is get an application form which is easily done by visiting their web site http://SecureBonds.co.za, fill in the details and everything else will be taken care of.
He does not hide the fact that the second bonds are usually given on a higher rate of interest than the first, yet, he says “it’s possible to negotiate a good deal, especially if you can watch how the market behaves and pounce at a time when the interest rates are going down” that would be according to him, the best time to refinance your second bond. All in all, it’s easier to secure a second mortgage loan, the criteria of which are not as strict for a first home loan. The procedure is quicker with the high interest rate being the only slightly negative aspect to obtaining a second mortgage loan.
SecureBonds.co.za is in a position to offer a specialized service to any home loan applicant free of charge, mainly due to the fact that they have contacts in all the main South African banks that pay them to handle the loans. Those interested should contact them immediately to obtain a hassle free service where you can get a 50% discount on registration as well as get everything done very fast without even having to visit the bank.
Contact: David Bester
Email: pr@securebonds.co.za
P.O. Box 1234, Worcester, 6849, South Africa
Tel: 281 973-6659
Website: http://securebonds.co.za
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By taking advantage of the resources and tools offered by SecureBonds and the website at securebonds.co.za (http://securebonds.co.za), buyers can not only save time and headaches but with the current reduction in in-house attorney fees, they can save money as well. Buying a home is something that everyone dreams of and SecureBonds is there to help make that dream a reality. The new site is open to the public and waiting for those who are in need of help with their purchase of a new home in Sou
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