Unpaid Bills Threaten Willard Katsande’s R2 Million Luxury Dream Home In Johannesburg
Unpaid Bills Threaten Willard Katsande’s R2 Million Luxury Dream Home in Johannesburg
South Africa-based Zimbabwean-born soccer star Willard Katsande is facing possible homelessness over unpaid housing instalments.
The former Kaizer Chiefs captain is said to have failed to pay his monthly instalments toward his R2 million luxury Johannesburg dream home.
His failure to pay the monthly instalments and settle the outstanding debt has resulted in the company which is a subsidiary of Standard Bank being granted a default judgement to repossess his house.https://googleads.g.doubleclick.net/pagead/ads?
According to court papers which were seen by the Daily Sun, Willard Katsande failed to make regular payments in terms of the loan agreement and the bond.
“This is an unopposed application for default judgment and an order declaring the immovable property of the respondent executable,” reads part of the court papers.
The publication states that the former soccer star missed about 8 instalments. Since the issuing of the summons, his arrears and outstanding debt have also reportedly gone up.
“Since the issuing of summons, the arrears as well as the outstanding debt, has escalated. One would realise that since the issuing of summons, the arrears as well as the outstanding debt, has not been paid,” SB Company said in court.
Speaking on the possibility of losing his R2 million luxury dream home Katsande revealed that a technical problem on his app is the one that caused him to default on his monthly instalments.
He said that he has two bonded houses that he is currently paying and due to a technical error, he found out all along he was making double payments to one house.
“There was a technical problem with the app that led me to pay one bond twice and not pay the other. What happened is that I was paying one bond double”
He claims that he has spoken to his lawyers and the issue is getting sorted out.