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CFC Stanbic's 100% Mortgage Financing
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kivairu
#1 Posted : Friday, April 08, 2011 6:56:29 PM
Rank: Member


Joined: 3/5/2008
Posts: 532
Location: Nairobi
Any insights into this , seemingly attractive offer?

Strive not to be a success, but rather to be of value. –Albert Einstein.
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msupious financially
#2 Posted : Monday, April 11, 2011 9:19:56 AM
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Joined: 1/17/2011
Posts: 70
kivairu wrote:
Any insights into this , seemingly attractive offer?



This deal looks too sweet to be true!!!!
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Gordon Gekko
#3 Posted : Monday, April 11, 2011 1:03:39 PM
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Joined: 5/27/2008
Posts: 3,760
100% of THEIR valuation of the property. This will not necessarily (probably never) be equal to or more than the sale price.
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mycool
#4 Posted : Monday, April 11, 2011 1:19:05 PM
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Joined: 4/30/2007
Posts: 92
Their KYC is superb...think they can manage...
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Cde Monomotapa
#5 Posted : Monday, April 11, 2011 3:45:27 PM
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Joined: 1/13/2011
Posts: 5,964
Gordon Gekko wrote:
100% of THEIR valuation of the property. This will not necessarily (probably never) be equal to or more than the sale price.

PRECISELY.
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kivairu
#6 Posted : Monday, April 11, 2011 3:58:50 PM
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Joined: 3/5/2008
Posts: 532
Location: Nairobi
Gordon Gekko wrote:
100% of THEIR valuation of the property. This will not necessarily (probably never) be equal to or more than the sale price.


Thanks so much @Gordon Gecko.What does that then mean for the prospective purchaser.To raise the balance?
If a house i'm interested in has a sale price of 8.9M...will CFC Stanbic's valuation always fall below this?

Strive not to be a success, but rather to be of value. –Albert Einstein.
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Ms Mkenya
#7 Posted : Friday, April 15, 2011 9:15:49 PM
Rank: Veteran


Joined: 5/13/2010
Posts: 869
Location: Nairobi
Anyone with info about this? Can't seem to get info from CFC. Rather what's the catch?
....above all, to stand.
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TUPAC
#8 Posted : Friday, April 15, 2011 11:12:37 PM
Rank: Member


Joined: 12/8/2009
Posts: 274
Location: Ltktk
Ms Mkenya wrote:
Anyone with info about this? Can't seem to get info from CFC. Rather what's the catch?

@ms kenya the catch is you should earn a minimum of 100k per month. it was in the papers juzi.
...things fall apart...the centre cannot hold..mere anarchy is loosed upon the world...w b yeats
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