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Hi everybody
I am unhappy about the tone of some of the recent posts. I know we are all upset and are very nervous as we wait to hear from the courts, but there is no need to be rude to each other. Some people want their houses (and let's remember at one stage we all wanted them, as it is such a lovely area and the development promised so much) and others want their money back. What is wrong with that? My hope is that everybody gets what they want.
Taking a simplistic view, if San Jose get the money and court approval to go ahead, isn't that a better scenario for people who want their money back than if San Jose go under? I would have thought that both sets of people would prefer that option, so why all the bickering and nasty comments?
We are back in England at the moment in the pouring rain - can't wait to be back in Spain again!
Regards to all.
Sue & John
_______________________
Sue Walker
Author of "Retiring the Ole Way", now available on Amazon
See my blog about our life in Spain: www.spainuncovered.com
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I agree Suemac I am also upset at the tone of recent posts .People really must stop posting drivel which is not factual and giving false hope in a situation which is not looking good. JA
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You ask "isn't that a better scenario for people who want their money back than if San Jose go under".
It depends on if people have BGs and what conditions form part of the BG. Remember, not all BGs are the same.
Some banks may be taking the line that as the trading of the developer is suspended, awaiting decisions, then they do not currently have the opportunity to carry out construction works, therefore, some BGs could also be supended. Remember also that time limits do apply, but again, depends what get-out clauses are in contracts and guarantees.
It could be that some will have BGs that take into account if the contractor goes bankrupt and cannot complete, therefore, those with such would be hoping the developer goes under.
Simple and basic contract law.
This message was last edited by FriendinNeed on 9/7/2008.
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I agree with you wholeheartedly Sue. Everyone should be able to post their own thoughts and opinions without being shot down in flames and ridiculed by others. It really is not the nice friendly place it used to be. We are all stressed and nothing is gained by insulting each other. If you don't agree with the opinion in a post then state your own thoughts or ignore it but please stop aggressive and spiteful posting which is of no use to anyone.
Debbie
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But you must admit that it is very frustrating that people make statements on here, and when asked to back up with facts, they run a mile. If it were a newspaer make such statements, they would be heavily criticised.
It seems that it is just a case of spin, spin and more spin, from the supporters of the honourable and sincere companies of SJ and HdT.
If you are one of those happy to read spin as opposed to fact or constructive observation, good for you.
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Hi
Suemac i agree and i have been quiet and considered for a while, waiting for the outcome.
Its only a voluntary administration so there is lots more misery to come i think. The whole thing has shown (to me) that selling a property to someone in a wet climate by someone in a warm climate is not difficult.
Doing it properly and honourably, on time and with proper facilities, and truthfuly and honestly, dosnt seem to matter does it?Looks like they can be forgiven so easily by some purchasers it seems, or is there more to that than meets the eye?.
Then there is the fact that the guarantees are either not in place, which is illegal, or not recognised, which beggars belief.
Then there is the extra money to fork out by us for representation, which is designed only to keep the dis-honourable system from making the builder bankrupt, a protection while they weave their spells on you!.
When this protective system has finished we will have to fork out more money to go the next stage of the proceedings, which is winding them up and trying to get our money back, i believe but hope not.
Add all that concern i have to my concern of a rogue group of buyers, only representing one site and one development, who want their houses regardless of what happens to any other part of the scenario.
Then add that concern to this rogue group going to the local press and telling lies, misquoting, misrepresenting and generally trying to further the cause of the builder and themselves, possibly at the expense of others.
I am not happy with that kind of behaviour to be honest.
I mean i dont like bad attitudes on here either, but i really really dont like anyone trying to perpetuate the downright dis-honest practices in the Spanish building market...........and i think that is what sarc may achieve.
And many more soft touch wet weather climate people may fall into the web of deceipt.............for myself i firmly believe my own climate and country is more honest and beutifull than i had previously thought. I am happy to get my money back, even a percentage will do..............do you know what, i think i speak for some others as well.
Good luck
Brian
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Best wishes, Brian
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Hi All,
It is unfortunate that insults still abound even if occasionally given an air of respectabilty by the way that they are phrased. As for the remarks by Briando regarding SARC they are very sad and I expect better of him than that.
I will make it perfectly clear to the nasty little group of people that SARC is a responsible and active purchasers co operative working on behalf of its members. It appears that the nasty little group do not wish for SADM to go ahead,for what ever reasons they might have . However, running around slinging insults and refusing to believe any information that indicates that SADM is going to go ahead does not change the fact that it is very likely that it will and we will all know with the next few weeks.
I am tired of the nasty abuse given to any individual who posts info that is positive or who wishes to have their property . I only wonder what you will post if, as is very likely, the news is that SADM is going ahead? Will you appolagise to the forum for your comments and behavior?
As for SARC it will continue to work on behalf of its members and will do so with more vigour.
I want my House and I want a positive outcome for all
Tony R17 18
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Hi Guys,
you seem to think that it is alright to be abusive about people here briando55, FIN, JA and your cohorts you DONT BOTHER ME BUT I WILL say again this is a public forum and you should be more responcible. you are the ones that are a rogueish eleiment. because any time anyone puts on a positive posting you try and rubbish it even when the sources are independant and nothing to do with SARC. What you seem to forget SARC was formed for the purpose of continuing the build if possible and just becuase it may succedd you feel the need to be abusive others shame on you all. not a nice person amongst you all.
Brianmags
YES I WANT MY HOUSE
and i will be happy if you get you money back as I wont have to have you as neibourghs
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Hi
Being one of the nasty group of people i would like to point out that i stand by everything i say about the Spanish housing market and the way my own experience in this market has been handled.
I would also say that SARC represents one site and one ambition and one group of people.
I would also say that the comments published in the press dont make any sense to me by sarc members.
I dont subscribe to any perpetuation or assistance to a Spanish builder who may make more misery for people who decide to place their custom with them.
For these reasons, as they say in dragons den, im out.
Ask peter jones to give you his opinion, i bet he agrees with me.
Brian
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Best wishes, Brian
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HI Braindo,
SARC does not represent one site, it represents members purchasers, from varrious site and( from the UK, Eire, france and Spain) works on their behalf and is having a positive effect on the process. This will help not only those who want their house but alsowhat we believe, is a minority who wish to have their money back.
All the best
Tony R17 18
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Why you no listen
about sarc............It represents much diversity of people but it represents one site.................its very name is SARC which is santa anna residents commitee says it is one site.................otherwise it would be called...santa anna and others residents commitee
SAAORC
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Best wishes, Brian
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Did I miss something here
what site is this OH yes thats it now this Strand is called Santa Ana del Monte just where does Albetera come in on the map of the developement oh it doesn't thats right, that is another developement. So why all the hassle about SARC no one has stopped you talking about your developement and your problems but then why would they. and certainly you seem to think that we are the bad boys well at least we have and still are trying to get the best outcome for our members
brianmags
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Nice posting
This particular strand is called Costablanca news and has generic connections to everything the forum has discussed for months.
Its a good attempt to show how the SARC organisation, which formed from this forums concerns, would prefer everyone else to leave them to their own devices and promote any information that may be kicking around.
The administration however involves everyone, even though there are 2 administrations, we are all linked together in a cauldron of misery.
I will continue to protect my interests and will not get scared off or told off by anything SARC wants to achieve.
If San Jose are flogging properties its illegal, stop changing the subject and answer the question.............whats the problem, tell us who the agent is......simple
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Best wishes, Brian
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Hi Briando
I ask again where did I state this?
you claim that both Tony and I have said this where and when
It is not good to make statements that are untrue and you need to be careful in what you write as I have said in the past.
As for Costa Blanca News it is still on the Santa Ana del Monte area and my letter in CBN was about SADM
your answer on a postage stamp Please sorry will do
Brianmags
R4 556
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Hi Brian
Tony printed it below on this strand, in the name of SARC.
Have i caught you before its gone to the press? I was sure it was on here somewhere that this letter was from you. With Tony putting the info on the costablanca news thread, i must have been confused............or Tony was..........its very confusing, even talking about albaterra on this strand can be confusing eh.
You may have caught me out on that one Brian.
Now i will get on with the proper work of looking into Ward and Co. selling SJ properties SARC should have done this already.
Brian
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Best wishes, Brian
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Hi Briando
please feel free to point to which posting by Tony as they are all here from this strand
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02 Sep 2008 7:22 PM
TonyMal
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Hi,
For those with short memories.......the cost of materials has been fixed in a contract........and as for all of the stuff that JA is going on about......well that is why we have formed SARC.
As for all the nasty snipping, give it a rest. It must surely be time for growing up and allowing people to have different opinions and wishes without the need for us to behave badly.
All the best to you all.....we should all have some news soon....
And yes I most definately, most certainly, most politely Want My House!
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03 Sep 2008 3:56 PM
TonyMal
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Hi,
I suggest you read the report from July in which it clearly states that we have been informed of the fixing of the costs of materials for 3 years. As for the silly remarks, I think that I really do not need to comment nor do they warrant a reply.
I thought I would let every one know that more purchasers are joining SARC and our membership is going up.
Yes I and many more wany our properties so.....I want my house!
Tony R17 18
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05 Sep 2008 10:48 AM
TonyMal
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Hi JA & FIn
I have stated quite clearly that the cost of materials is covered in the July SARC report. it is a shame that you have to rehash topics that have been dealt with and at the same time throw silly remarks in. If you have problems finding the report, just click on the SARC link , go to newsletters and then click on the second July report. This report was written by Linda N who was invited to attend.
As for the other silly remarks, I am amazed that you are taking so much effort to try to prevent SADM going ahead to the extent that you now also feel that you can make baseless remarks against a purchasers organisation.
This behaviour is not of any help to the purchasers.
All the best to you all
I want my House
Tony R17 18
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08 Sep 2008 10:39 AM
TonyMal
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Hi All,
It is unfortunate that insults still abound even if occasionally given an air of respectabilty by the way that they are phrased. As for the remarks by Briando regarding SARC they are very sad and I expect better of him than that.
I will make it perfectly clear to the nasty little group of people that SARC is a responsible and active purchasers co operative working on behalf of its members. It appears that the nasty little group do not wish for SADM to go ahead,for what ever reasons they might have . However, running around slinging insults and refusing to believe any information that indicates that SADM is going to go ahead does not change the fact that it is very likely that it will and we will all know with the next few weeks.
I am tired of the nasty abuse given to any individual who posts info that is positive or who wishes to have their property . I only wonder what you will post if, as is very likely, the news is that SADM is going ahead? Will you appolagise to the forum for your comments and behavior?
As for SARC it will continue to work on behalf of its members and will do so with more vigour.
I want my House and I want a positive outcome for all
Tony R17 18
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08 Sep 2008 3:21 PM
TonyMal
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HI Braindo,
SARC does not represent one site, it represents members purchasers, from varrious site and( from the UK, Eire, france and Spain) works on their behalf and is having a positive effect on the process. This will help not only those who want their house but alsowhat we believe, is a minority who wish to have their money back.
All the best
Tony R17 18
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Feel free to read this posting again, and explain to me what value it represents. I found it easily enough
08 Sep 2008 11:42 AM
TonyMal
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Dear All,
SARC is still working towards a positive outcome and for those who want their houses to be able to have them. We are pleased to have recieved a copy of the letter posted below, that indicates that SADM will be going ahead. It also shows that the SARC request for compensation for purchasers has been taken on board by HdT .
All the best
I want my House and it is looking good!
Tony R17 18
........................................................................................................................................................................................................
During August I have been in discussions with both the directors of San Jose and the administrators appointed to the company.
Some of the developments that have occurred do not specifically affect investors at Santa Ana, however, I will outline all the progress San Jose have made as I believe it is encouraging to see that positive progress is being made throughout the group.
In total there are three developments affected by the administration along with large tranches of land.
El Pinet
The court has ruled in favour of San Jose and construction is commencing in October. Many of the properties are virtually complete and sold, this means that in a couple of months completions will start which will affect the company’s cash flow very positively.
Playa Golf
San Jose is continuing to market and sell properties on this popular development.
Santa Ana
Negotiations with a consortium of four major banks are continuing, the purpose of these negations is to secure a 30 million euro line of credit in order to continue the development of this resort.
30 million euros is the projected amount required to bring to completion all sold properties, complete the golf course and other retail and leisure areas.
A more recent development is that statements of interest have been received from three large construction companies and discussions are ongoing with San Jose looking at selling a percentage of the development. This will of course provide capital to continue with the project quickly and in due course recover some of the time lost.
I have been advised by the directors of San Jose that the administrators will be contacting all purchasers of properties at Santa Ana during October formally advising purchasers of their options.
I have been assured by the directors of San Jose that, before the administrators contact purchasers, a proposal will be in place; this proposal will include new completion dates and compensation for clients.
We are continuing to work with San Jose in order to help them resolve their problems and achieve a good solution for all; but mainly for our clients.
Please be assured that we will continue to keep you up to date with all developments at Santa Ana.
Yours faithfully
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Best wishes, Brian
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