How a recovery works, step by step

A lender-initiated sale in Kenya is not instant. The Land Act 2012 requires a minimum notice period before a lender can sell, and the auctioneer's own notice runs on top of that. In practice, this creates a window measured in weeks — at least 40 days — during which the owner still holds rights they can actively use.

Here is what 68 AN does inside that window, and what happens at each stage.

Step 1 — Identify

We confirm the property is still in the pre-sale window and that a private sale or redemption remains legally possible. This is the first filter: if the window has genuinely closed, we say so plainly rather than stringing out a review that cannot lead anywhere.

Step 2 — Verify

Title search, independent professional valuation, and the lender's actual redemption figure — established in writing before anything is offered to anyone. You cannot negotiate against a number nobody has confirmed.

This step matters more than it sounds. A significant share of value lost in distressed property comes from acting on assumptions about what is owed, rather than verified figures.

Step 3 — Negotiate with the lender

We negotiate with the lender to agree that the property will be sold by private treaty instead of at auction, and confirm in writing the redemption figure the sale must clear. This is the step most owners have never attempted on their own — and the one where the most value is protected.

Step 4 — Sell at value

Private treaty sale at open-market price to a vetted buyer. Under Section 98 of the Land Act, this route must achieve full market value — unlike the auction's 75% reserve floor. The proceeds fund the settlement agreed in step three.

Step 5 — Commission, loan repayment, balance to you

Once the sale completes, our commission is paid from the proceeds, the loan is repaid in full, and all the remaining money is paid to the owner. If no sale completes, you owe nothing.

What to have ready

You do not need everything to start — but these speed up the assessment considerably:

• Loan or charge agreement
• Every notice from the lender or auctioneer
• Copy of the title, or a recent official search
• National ID and KRA PIN
• Latest loan statement
• Any past valuation report

How you will be kept informed

You receive a written update at every stage, and at least weekly while a sale is in progress — so you are never left guessing what happens next.

The honest "no" version

Some enquiries end at step one. If the window has genuinely closed, or the numbers do not support a recovery, we say so clearly and quickly. A fast, honest no is more useful than a slow, encouraging maybe that quietly consumes more of someone's remaining time. Read the full walkthrough, including the no outcome.