The banks is selling your house now
If your bank is trying to sell your house that means you have limited time. But you can rest assured that you will be in safe hands. We have helped hundreds of people stay in there homes and will not let you fall victim to this injustice.
Please contact us at now@drdouglasjshaw.co.za
-Closest city (to Johannesburg)
-How close you are to being evicted
-Mobile
-Bank
-Whether you want an apointment
-Whether or not you want to be part of our class action
In 2017/8, the movement achieved a major victory. Banks were required to
provide a reserve price when they sell your house. We thought we had
achieved our objective, but although better, we are finding that banks are
still selling people’s houses for 50-70% of their value on many occasions
(and then coming after you for the balance on the bond!).
Further there are still many situations where banks are selling when it is
definitely NOT a last resort: where the person now has a new job and can
pay; when the person wants to rent the place out; when it can be subdivided,
and many others.
To help you we need some initial information, we need to know where you are
from (what city your are closest to), what stage you are at (how close you
are to being evicted), you cell number, what Bank, whether you want an
appointment to get advice, or whether your property has already been sold
and you want to be part of our class action.
You can fill them in on the form below.
Dr Douglas J Shaw has 15 years experience as an advocate and at least 12
against the banks. He has contributed hugely to changing the law to protect
people like you against the banks. He is recognised as one of the top people
in the country at helping you keep your home.
It is very useful to come for an appointment with one of the top experts in
the county.
This is best face to face at our offices in Fourways but can also be online
if you are far away.
The normal hourly rate for our advocate is R4000 per hour. You can talk to
us if you are having financial
problems(financialproblems@drdouglasjshaw.co.za) in paying for an
appointment.
To make an appointment now contact riane@drdouglasjshaw.co.za
Unfortunately, we can’t see people or draft documents entirely for free
(“pro bono”) as we have to pay salaries for our staff, office costs, school
fees and all the rest of the burdens of modern life. We don’t live
extravagant lives and we charge a lot less than most other lawyers
especially ones with our experience in this particular issue (very rare).
We also let you pay up gradually if that would be helpful.
We often see banks act in a manner we consider irresponsible. You cannot
trust them to do what most people would see “the right thing”.
Our banks are still incredibly under-regulated when it comes to their
willingness to sell a persons house when it is not a last resort.
We believe banks (especially certain ones) try and sell houses when it is
far from a last resort and that often the price is far less than it could
be. Even now after we have changed the law, we see reserve prices and
therefore sales at mostly 50 to 70 per cent of value. Being in the position
that the banks might sell your house half price is a big risk. Unfortunately,
if your house is worth, say, a million rand then that means that you could
lose R250,000 – R500,000 and lose a home you may be very attached to.
There are many things that we may be able to do for you including negotiate
a reasonable settlement with your bank; hold off till you can sell; draft
papers defending you and/or appear for you in court so that you can start
your bond again and keep your house. There are people who have at least been
able to continue to stay in their house for an extra year or even many years
as a result of the help of Adv Shaw.
Everyone’s situation is different and Dr Adv Shaw will have to assess if the
bank has been wrong in your case and how to fight them which means you
should come for an appointment as soon as possible.
If you don’t think you will be able to afford having us represent you but
you would still like some help, you can still get video courses that can
help you to help yourself.