
High Court warning to banks over rushed home auction valuations
The judgment strengthens constitutional protections for homeowners by rejecting speculative ‘drive-by’ property valuations used in foreclosure proceedings.

The judgment strengthens constitutional protections for homeowners by rejecting speculative ‘drive-by’ property valuations used in foreclosure proceedings.

The Gauteng High Court has taken attorneys to task for cutting corners when approaching the courts when the reserve price is not achieved at a foreclosure sale, and it set out the procedure […]