I Want My Money Back

morning each, I am very grateful for your comments back on all issues.  It really helps to talk about the facts of the matter these days and lets us focus again.  My 'natural' response is to feel an enormous degree of sympathy for absolutely everyone in our positions and probably shouldnt have bothered reading Tony's report again before posting.  It made both Martin and myself very cross to still read words of support for this  Project/Company who have not the first notion of when or if it will go ahead.  They havent ruined our lives as such, but put our families into financial circumstances that, to a huge degree, are now beyond our control unless we throw more and more money at it to fight for our legal rights.  We just find it an insult that some are still promoting this Company for us to believe anything they have to say.  My Lawyer is a man of few words unless they can be backed up or given credence, but when he does ring he is sincere.  I have not paid out fortunes for his services and as I also have a contract with SJ on the exchange property (that they were unable to afford to pay off the existing morgage and sell me), communications are now advancing for 'another' property to be found for me as quickly as possible (if possible).  That is my next stage and can only hope that a suitable exchange can be found.. so here we go again.

Like JA, im not holding out for money back but I cant and wont give up.  My guy is not dismissing any angle to persue at all.  It maybe a silly notion  to consider ever purchasing another property  again given my history of two failed contracts with SJ and HdT, but I would if it suited my personal needs and all the boxes ticked.  At least my hopes wont be dashed and the expectation isnt very high to start with this time! 

On a slightly different ending, we made our six year old grandson apologise to an adult for cheek  yesterday as it is the better the man in the long run and no shame to do so.   My apology would be to anyone who thought I was too hard and vocal.  Im not, just bruised at the edges at the mo. and Ill check out some of the 'finer' details I was told.

Thanks each

Have a good one

Sal

Hi Sal/Martin

Best wishes and thanks for the sincere posting.

Its not over until the fat lady sings and she didnt have a seat on the administrators table, it should be time to get the company away from their protective coating of admin and the solicitors can ask the awkward questions now?.

Your idea of changing horses to the other company for a house will probably be more rewarding than waiting for SADM housing, thats for sure.  Hope it is fruitfull.   I cant see a sadm house comng from this company can you?

Brian

Hi B,  I cant see further than the end of my nose at the mo and even that needs a kleenex!  No I really dont believe in SADM  getting built in the short or medium term, or not in what's left of my youth at any rate.  Im genuinely more used to the disappointments with these guys nowadays but it's a little glimmer on the horizen and I do know of a fellow purchaser (no names as Ive promised) whose transfer will be going ahead shortly.  So that's at least two.  Im going to keep my head high and follow the system step by step until whatever the bitter end is.  Im glad they have been exposed. At the very least we can all start again now for 2009 with some knowedge now and begin helping each other to recover whatever is possible.  I think for those with BG's it must be even more painful. I cant even begin to think what it must be like knowing that you have all the necessary Legal back up and they still dont pay out.  No wonder there is such anger expressed.

But your right B, Im glad Mart and I went out in May and signed a different Contract with SJ (totally unaware of what loomed ahead).. Someone was looking down on me that day..hmm maybe it was me lovely dad??

Take it easy and any further news I'll post. 

Sal

 with that last sentence me thinks you may be the old twiglet in disguise!!! Only joking!!

Thanks sal for the info and good luckx

Sal I hope you can get a result with the transfer .Be a little cautious regards licence of first habitation etc .Those living on El Pinet were promised work on infrastructure to enable them to get their licence to legalise their properties would begin early in January.Yes youv'e guessed good old SJ have done nothing as yet .Some of El Pinet were also with out water for a week or so as a pump had broken down you have guessed  it yes ! SJ didn't want to know .How do they sleep at night anything they own or have is not theirs it is yours and mine and all others who they have let down .The amounts we have lost is nothing to them but to us it is in lots of cases everything we had .I don't know how they can live with themseleves .Sorry to rant I am having a very low day. Some people have no shame .Regards JA

Hi Sal,

i am sorry that there is no money there to pay people back. SARC was saying this back in July and have asked over and over again where the money is and some have claimed that it was there. SARC have urged caution upon spending money on legal action, asking where will the money come from to pay back the costs, when we beleived that there was no money there and some adviced and applauded those who sought to litigate.

I know none of this is at all pleasant but the only way to protect your money is to defend your develpoment and demand that the banks cough up and get it under way. The alternative is not really aceptable to most purchasers.

All the best to you

Tony

Tosh as usual Tony why don't you shut the  ****  up JA

Hi Tony, ive been thinking this through and going over the past 8/9 months since this nightmare began for all of us.  I remember when this Forum became the absolute life line link to information and opinions, help and debates as to what to do now.  I said it then and I still believe it now that without this Forum many of us would have had to pay far more dearly in the long run for Legal Advice and it would probably have been too late as Developer failed every single one of it's loyal, trusting purchasers absolutely nothing.  They admitted to you that they had made 'mistakes' in there lack of communication to us and said they were delighted to be able to use the Forum via SARC to put that right in the future.  Right at the very beginning, the vast majority of us read the postings for and against continuing should we get the opportunity to wait (due to the imminent refinancing as they informed you or the option of cancelling the Contract and waiting for our money back).  Back in May/June/July when you were visiting them to gain information, it was acknowledged by a good many on here that at least you were trying to do something.  Many will still stand by that.  However, since the July Reports not a single thing they 'hoped' for, told you was going to happen has ever amounted to anything remotely like it. Except that they have no money.  The wonderful thing about this Forum was that the words/interpretation of words you reported on was scruitinized, deciphered, questions were asked, answers were given.  There were many many gaps that just didnt add up from Facts gleemed from other individuals/there Lawyers/purchasers who were living nearby SJ offices etc etc.  We ALL then had an opportunity to decide for ourselves who and what to believe given the history, figures, illegal handling of our money, possible laundering and the list goes on.  They have never proven to us as individual purchasers or indeed through SARC, that they can offer us any trust in them whatsoever.  I really do not believe that if they went into full liquidation, exposed fully, assets seized and the other parts of the Company brought in, that you would turn down your money back.  And this is why the Majority of us want nothing to do with them and will fight for our money back.

  If we knew that SJ and other parts of this Company could be bought into the pot along with the Directors arrested and personal assets seized, would any of us care after the way we have been treated.  Absolutely NO.  If it meant, you, me, BG owners and anyone else in this legal trap could get out off it within 2 years.  I would wait rather than give them another penny.

Im not sure what the questions are to ask them Tony when you talk, but all we are getting is more smoke and no fire, hopes and no action.  We've had that for quite long enough thanks and want our money back, somehow, whenever and will keep fighting it.  It may have cost you a great deal more money Tony than those of us who have spent a little already.  Oh and Guess what, they want to talk exchange again - how ironic.

Sal

Dear Tony

Why do you keep on blaming the banks for our predicament, when i suspect even if they had stuck by sadm, we would still be waiting for these still to be built, how many times were we told building licenses are due next month etc, surely all the blame lies with san jose, after all where has all our deposits gone to, it certainly cant be on the site, a few show homes, piles of dirt and concrete foundations.

If they do get re finance how many millions of euros are we talking here, i might be wrong but if they have no money now, have they not got to pay for the building licenses, suppliers and those who want their money back, that's a big hit to take even before they start.

I truely hope that you do get your house, because it was going to be a great location, if everything was built.

Kind Regards

Mark

All these questions are answered in the admin report to the court .Anyone read it .

hi all, 

I have not posted for a while because I have no news.  I log on ever 2-3 days to get some, still no news only opinions.

I have paid my Spanish lawer to represent me in the hope I will at least get some of my money back, at this point I will settle for 50%.

Has anyone got a report from the lawers, builders, or administrators that has been translated.  the forum has been talking about it for a week, my lawyer has not sent me an e-mail or letter yet, although the agents did send me an email saying my lawyer will be in touch, but I might whant to INVEST in another property in another area that cost more KEY ready.

The market has fallen, the place and facilities that atracted me is not going to be built and if it is on a smaller scale it would not be what I signed up for.  200,0000euros on an undeveloped site was not what I was sold on. If it did complete as the original plan knowing it was all goind to be built as in the broucher I would only pay E130k for it now.

When the Euro was 1.47 to the £ it looked good.  Now mortgaes are harder to get and at 1 E  to 1£ things have become expensive.  For me to carry on with a purchace the price now has to be reduced by at least  a third for me to take a risk.

To those who still want their house on an undeveloped site good luck.  I want my money back and I would now only buy something already built with the proper licences.

I am an invester and I also thought on the facts and figures I was given that my malva would be a good buy.  It could be rented by the Managment compant to pay the bills and Mortgage and have a holiday home untill we sold up and made themove in 2-3 years time. Wow in 5-10 years it would be worth a fortune.

I am from a small Island in the West Indies and came to England as a small boy.  I married a woman who was born here but her parents came from the same Island and new my parents. We have holidayed there for the last 15 years, I thought when we got older (I dont lke the cold) we would buy a place ther and move away.  I tryed that 2 years ago and see said NO the kids are  hear and she doesnot want to leave them.  It takes about 16 hours from door to dor to the West Indies and it to far away.

Thern came Santa Anna we visited loked at everything and it was my second choice. We could get back to Britian or the Kids could get to us in 4 Hours.  So that was the dream and it has ended.

I could have built a 4 bed House with swimming Pool on half an acre or land for about £100.000 or less. Sun shines about 12 hours a day 365 days a year average temp about 90 degrees.  Cost of living cheap, What I pay a month for rates here could keep me for a month over there.

So there is no bitching that i keep logging on to.  No one has any info yet. so stop the bitching and wait for news.  Anyone has this translation please send it to me.

I slill have 6 acres of land in that sunny country  (9-6) hours away, flights about £500-£700 depending on the time of year.

there is a four bedroom house there and a 2 bed house withe a 2 bede basment all for £2MILL. 

iF ANYONE IS INTERESTED SEND ME AN E-MAIL.  If you would like to by my Malve at SADM drop me a line.

I want my money back, would still settle for 50%.

Sorry Recardo

Can't help you there.

The lawyer is your man for the translation, keep trying them, ring them up, e mail them. etc.

Im way too busy bitchin to buy your plot in Spain and im told its too volatile for white English to live in a lot of the WI.

Hullo me old yorky pud.

A little bit of yer predudice kreeping in ere me thinks!  Think afore yer speak is me advice ta yer.

HLFN

twigit

Eyup Twigitt    try thinkin before yer reply, is me answer

Im Just sticking to facts and honesty, its what i try to do.........read it again if you like

Try a bit of facts and honesty some time, its good................tell t'owd wing commander abart it when you finished yer churo's

Regards

Brian (his real name)

Hullo me ole yorky pud.

Truble is that them who ave predudice, mor ofen than not, down't know there doin it!,  think on ole lad!!

HLFN

twigit

Twigit /Tony/ Brianmags SARC  you are a disgrace !!!!!!!!!!!! People have been decieved enough in this mess .Come clean  . I know who you are .Come clean or I will expose who Twigit really is  !!!!!! Do You not think we have been lied to enough ,already . You guys are sick !!!! JA

Twigitt

I havnt an ounce of prejudice in my body.

So you think on this for a minute..........maybe people who dont know what prejudice is, might think they see it in places where it dosnt exist.  Thats through ignorance of what prejudice is Twigitt, if that includes you then thats ok, but dont bring me into that world please.

I think you found what you think is prejudice but it isnt so i dont know how i can help you with that one Twigitt.

Maybe some people who are ignorant might think calling someone a yorky pud is prejudice..........I dont though, do you twiggit?

To my mind Briando only a southerner would call some one a yorky pudding .Anyone from yorkshire unless they had lived in the south for many years would not consider it PC .

Anyone who had been a soldier all over the world ( disregard Prince Harry as he does not live in the same world as the rest of us and does not know what is PC  ) and who  had settled in Spain where peoples from all corners of the British Isles have settled would know that it was not PC.

I think ole Twig has had previous knowledge of  what annoys us and has used this to his advantage or disadvantage,which ever way you look at it .

I know who Twigit is therefore he does not annoy me anymore.

I would like him to come clean and say who he really is if he doesn't I will expose him and he will look like a complete idiot and so will the organisation he represents ! Guess who ? begins with S and ends in O

Not much to add, just wanted to keep this thread at the top as it is the most important!!!

And so it should be ,well said Jaqib Regards JA