Teko set to lose home after failing to pay up – report

Retired footballer Teko Modise could reportedly lose his multimillion-rand Johannesburg home for allegedly failing to keep up with bond repayments.


According to the Sunday World, the former Orlando Pirates, Mamelodi Sundowns star owes more than R529,000 in bond arrears.

He is also allegedly behind on levies and rates and taxes.

Modise, whose credit profile was negatively affected when he lost his houses and cars due to non-payment about five years ago, entered into an agreement with the guarantor in March 2015 to secure a home loan for him, reported the Sunday newspaper.

 

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