WE BUY PROPERTIES IN ANY CONDITION
We buy houses in any physical condition. No matter what the situation is, whether you are behind on your bond payments, facing a foreclosure, or simply need to sell your property for what its worth, ibuyprops is here to help. Using creative financing we will buy your house in strategic ways that will help you move on to your next chapter.
012-346-8745
PERKS OF SELLING TO US
At ibuyprops, we recognize that deciding to sell your home is a significant decision. We also understand the stress and time-consuming nature of the traditional listing process, which can be unnecessarily complex, lengthy, and demanding.. The great news is that there's a better alternative, the ibuyprops way.
Our approach is simple, direct, and tailored to eliminate the hassles and stress linked to the time, money, and effort required for selling your home. Whether you're retiring, relocating, downsizing, upgrading, dealing with inherited properties, or facing financial hardship that could lead to losing your home — there's a better way.
Why use the traditional way, when you can save more, make more.
Save time
Save on closing cost
No commission
Fair valuation
No cleaning
No renovations
WHY SELL TO US..
SELL FOR A RIGHT PRICE
People are giving you a push around on your own property? or most importantly everyone wants to buy your property below the market value?
We will buy your house using our strategic ways and creative financing options, depending on your needs and requirements. Give us a call to get the ball rolling, We can buy your house and take full occupancy in 7 days. Simple as that!
FACING FORECLOSURE
You are about to lose your house, be it that you have equity on the property or you have just purchased your property using the conventional way, which is bank finance. Now you are not able to keep up and your property is about to be foreclosed and your credit score is about to be tainted.
We have creative ways that we can come in, take the wheel and take over all your stress. You will come out fine and happy by selling to us. You do not have to lose. Talk to us, we can buy your property today.
BEHIND ON BOND PAYMENT
Are you struggling to keep up with your bond repayments due to job loss or other financial difficulties? Are you concerned about keeping up or managing your property while leaving the country?
Sell to us today and let us alleviate your stress. Rest assured, you will come out a winner. Whatever your situation, we'll devise the best creative solution.
WHAT IS CREATIVE FINANCE
OR EXTENDED SALE
The Alienation of Land Act defines an Instalment Sale Agreement as a contract between a Seller and Purchaser, wherein they agree that the property's purchase price will be paid to the Seller in more than two instalments over a period exceeding one year.
Extended Sale or Creative Finance is a legal yet relatively undiscovered opportunity in South Africa. It enables property owners to sell their properties more swiftly and at their rightful value. This method benefits Sellers, Buyers, and Property agents alike. Buyers can expand their property portfolio without relying on bank loans, agents can facilitate multiple property sales, and Sellers can avoid foreclosure, and most importantly ensuring they receive the property's true market value.
For further clarification on how this process works, please contact us.
We can purchase your property within seven days.
FREQUENT QUESTIONS FROM SELLERS
Why sell through an extended sale?
There are a lot of reasons why sellers use an extended sale method to sell there properties, here are some of them; To sidestep foreclosure by lenders, enhance returns from the sale of your property over time, settle outstanding debts associated with the property, avoid shouldering renovation costs on your own, and alleviate stress from managing tenants and rental payments.
What are my benefits as the seller?
You will always receive fair market value with us. We handle insurance premiums and, in some cases, cover tax and rates. If your property is bonded, your bond repayment is guaranteed. Direct dealings mean no agent commissions. You will save on closing costs and capital gain tax. In extended sale agreements, the seller can reclaim the house if the purchaser fails to meet obligations. We can also assist if you are facing foreclosure or experiencing backlogs in loan repayment.
When does property transfer happens?
The sale contract will be registered at the Deed office to protect both the seller and the buyer, but the actual property transfer will only occur when the sale is final, and all payments are received by the seller.
What if ibuyprops stops paying?
The chances of this happening are 0.000 with us, but if it occurs, the seller takes back the property, and any payments and repairs made by the purchaser are forfeited.
How does ibuyprops make money?
Our primary objective is long-term, focusing on property payment completion. However, we need to fulfil our responsibilities to you. We generate income by renovating the property, placing tenants, or operating services like Airbnb, Guesthouse or Hotel from the property.
This is good, why are people not doing it?
Extended sale is slowly growing in South Africa, and people who are familiar with it (property owners, property investors, and real estate agents) are already embracing it. It is legal and constitutional.
Im ready, How do we start?
Pick up the phone and call us, or send us an email to arrange a viewing.
REAL ESTATE AGENTS
Real estate agents play a significant role in our business. While we promote the fact that sellers can save on agent commissions by coming directly to us, which is indeed true, real estate agents are invaluable in bringing both parties together and mediating between them for a smooth transition. They leverage their credibility and the trust they've built on both sides to negotiate fair deals that benefit everyone involved.
If you are a real estate agent considering venturing into extended sale deals with us, you've made an excellent career decision. We can provide guidance and support throughout the process as you learn and grow in your deals.
TESTIMONIES FROM OUR SELLERS
"I couldn't believe it was real until 18 months into the contract. I've been receiving monthly payments, and I even completed my bond payments six years earlier. I'm still receiving payments from ibuyprops!"
- Johan K.
"My property was on the verge of repossession by the bank. I was about to lose every cent I had paid towards the house, and my credit record was in disarray. They took over everything, and I emerged clean and happy."
- Lerato KD
"Everyone was lowballing me and offering ridiculous amounts for my house until I met ibuyprops. Since then, they have been keeping up with their obligations. I'm on my second home with them, they completely redid one of them."
- Edwin D
CONTACT US
Please fill out the form below, and one of our friendly representatives will get back to you to get the ball rolling.
We are located in Brooklyn, Pretoria, and currently buying properties in the Pretoria and Johannesburg areas.