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El blog de Maria

Your daily Spanish Law reporter. Have it with a cafe con leche. www.costaluzlawyers.es

Legal tip 595. Banks Bringing life
Monday, September 19, 2011 @ 1:24 PM

 That is what we aim for with our new venture in conjuction with several other great property proffessionals we have been in contact with for many years now.

Just to offer the best deals, fully guaranteed both in legal and technical terms and with a price you can be sure is the right one. The full market at your hands. Is this not what you are looking for?

Importantly, by curing part of the body the whole body will heal. That is why are also passionated about the mission.

By doing so, we help you and we help us as a company, but we also help the market to get into a bit more of life and balance.

Banks will be settling and  developers will probably increase their sales: this will bring its portion of health and dynamism to the Spanish property market.  Related Services revitalising. Work rates improving: life again.

We also help this way, those of you who already have a property in Spain as this dynamism will make your resorts and facilities improve and somehow resurrect from paralysis.

When doing so, we will be proactively asking the main defaulters and causers of the whole mess: Banks for settlements, offering to you the best priced, quality and legal properties.

This will also be a benefit  for those waiting for a refund as money circulating within the sector will ease the settlements and transactions

It is just about bringing life to what is almost dead.

Vejer desde la Botica

"Vejer desde la Botica", by denegro, at flickr.com



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1 Comments


Anne said:
Monday, September 19, 2011 @ 5:52 PM

Maria,

I know we have talked of this in the past but it may be worth re-stating.

This suggested method of dealing with the Banks, if not careful, could result in a two tier system where the Banks will continue to be obstructive to those unwilling to "deal" in this way. Can you honestly see the Banks redirecting monies from sales to those awaiting refunds, when they have been fighting this every step of the way?

What we need is a fast track process for refund by the Banks to alleviate this paralysis, and then let people decide what to do with their monies. Purchasers should not feel pressured to "deal " with Banks, in fear of them failing in their lawful obligations. (I'm not suggesting that you are pressuring, but this would be the outcome if a two tiered system was to prove a reality).

Banks should be pressured to respond, and respond quickly if they want to bring life back to Spain. It is for them to demonstrate this willingness, not innocent purchasers caught up in this catch 22 scenario.

The whole body will only heal, as you put it, when the Banks recognise and meet their lawful obligations. Only then will some faith be restored for those who wish to reinvest.





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