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The Standard Group Plc is a
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print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
I intend to buy a house and currently shopping around for a mortgage firm with a friendly repayment plan. However, I have a feeling that most banks have employed smart marketers who only portray the positive side of their products and don’t talk about some underlying issues. For instance, none of them is ready to talk about foreclosure, which my online reading reveals can see my investment go up in smoke in case of default. Could you tell me more about foreclosure and how it is applied in the local market?
Frank, Nairobi.
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