Bond A Property
All that is said is not true

Most of the facts in this is not true, first off I am not sequestrated. It is not true that the loan was for 4 x the value, if that was so a property worth R600 000 would have to be sold for R1, 6 million and that never happened All valuation was done by the bank independently. The property was never bought through a trust but through a (pty) ltd, I did not mismanaged the money, I have proof through my bank accounts that all bonds was paid from January up 2008 when we started up to February 2009 when the banks was not approving any bond at all here is a short descriptions what the banks did, everything in this report can be proved with paperwork in my possession
I I was a developer and also run my own bond center with 5 ladies doing the bond applications for my developments, during 2008 we started experiencing problems as ABSA one morning in July 2008, out of the blue, said they only do 90% bonds from then on, so I started to help buyers with deposits in order to keep sales going, up to this day I have R7 000 000 outstanding on deposits where I assisted persons to buy which I cannot collect. welcome to contact me to verify documents, my closure was due to economic downturn 2009

Company: Bond A Property
Country: South Africa
City: RUSTENBURG

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