By Staff Writer
FNB launches FNB Property Leader, an online property tool that gives step-by-step advice and solutions to manage the entire property process from buying to selling.
FNB Property Leader was developed with the customer in mind as the ultimate electronic innovation helping them through the often emotional property process. The solution is not only comprehensive, but convenient as it lives online and can be accessed anytime, anywhere.
“For many people the process of buying and selling a property can be overwhelming. This tool is a way to hold the consumer’s hand throughout the entire process from before starting to look for a first house to when it is time to sell,” says Marius Marais, CEO of FNB Home Loans.
Potential home owners can receive preapproval within seconds.
“With our preapproval process, the customer literally becomes a “cash buyer” and it solves one of the biggest quandaries, “what is my affordability,” says Marais. “The system checks the customer’s credit score and, depending on customer’s risk profile and affordability, automatically creates a pre-approval letter which serves as a provisional guarantee giving the buyer the necessary negotiating power.”
Once a home loan is ready to be submitted the entire process can be completed quickly and easily through the site.
“We have created a platform that accepts all the documentation and information required for a home loan application with FNB. The process is quick to log and the customer can track their home loan application through the site,” says Marais.
The site also offers free area and property reports that are pulled from a number of sources including the Deeds Office to give a comprehensive overview of a suburb or particular house.
Area reports include details such as average house prices in the area, average increase or decrease in property prices, the types of homes and profile of the buyers.
A property report includes the last bought and sold price of the property as well as an estimated current value calculated through a model developed for the FNB Property Leader site.
Additional features such as check lists for each of the buying and selling processes, questions to ask the estate agent as well as current properties listed for sale provide users with in-depth information and advice on being a property owner.