Standard Bank
Standard bank's money making

Standard bank of South Africa uses Myroof only as a marketing platform to advertise repossessed properties to be sold on auction: "
Myroof merely acts as the marketing platform for the banks, enabling them to list the properties on our website.
Ticket Reference: TR80376
...what a joke!
Seems like when the facts are on the table everybody passes the bucket...
The quote below comes directly from your website under FAQ's :
o Does Standard Bank sell properties to make a profit?
o No. Standard Bank's main objective is to minimize the default indebtedness of the property's previous owner. Standard Bank does attempt to cover the costs incurred through the purchase of the property and sale in execution process.
o MR Reference Number: MR084299
This property was bought for R550 000.00 in 2003 ref. T37319/2003...
Property purchased for R100 000.00 by Standard bank of South Africa Limited in 2013 ref. T8937/2013
My offer for R865 000.00 was much more than indebtedness of previous owner or costs incurred by Std bank.
This quote on your website under FAQ's I find misleading and is seen as false advertising of the true conditions under which you place properties on auction.

Company: Standard Bank
Country: South Africa
City: Homeloans

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