From Highest Paid To Biggest Loser: Ex Kaizer Chiefs Star Katsande Now Homeless
Former Kaizer Chiefs and Zimbabwe national team midfielder Willard Katsande may find himself homeless soon after his second home was repossessed and put on auction.
The formerly highest-paid footballer is currently in financial constraint as he clearly failed to service his credit on the house.
According to recent reports by Zimoja, the footballer and businessman’s second home was up for auction on Tuesday, 25 July.
The publication reports that the Sheriff in Krugersdorp, West Rand, put Katsande’s house at The Dunes Estates, at Homes Haven Extension, for auction. The auction reserve price was set at R1 667 418.15. However, the home failed to sell.
As a result, a new auction date will be set – this according to a woman who introduced herself only as Mrs Erasmus from Krugersdorp.
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FORMER KAIZER CHIEFS PLAYER ON FIRST HOME
Katsande responded to reports about his first home in February, after the Gauteng High Court granted SB Guarantee Company a default judgment to repossess the home. SB Guarantee Company is a subsidiary of Standard Bank.
Responding, Katsande explained that he pays for two houses. He added that he pays for the R2 million Joburg home with the extra money he gets from his business.
“The other payment goes out via a debit order and the other house pay via my bank app.
“There was a technical problem with the app that led me to paying one bond twice and not paying the other.”
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In addition, he said he had gotten in touch with the bank lawyers after receiving the summons.
“I made the first payment at the end of January and I also paid some money towards the arrears. I think everything is sorted,” Katsande said.
