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Tonymal I do not think my comment is stupid .The one single question you should ask at the meeting if you ask nothing else at all should be Where has the purchasers money gone ? If they can not answer then they are crooks plain and simple crooks .Do you want to do business with crooks Tony .I don't !
"Those of you with BGs have an out it may take time and it may be problematic "
Do you know nothing Tony problematic get real problematic doesn't even cover it you have no idea !
I will sell you my BG for a fiver I will even pay the lawyers to have it transferred to your name and property ,then you can see for yourself how problematic and bloody useless they are . Why do you insist on talking complete nonsense .You have said for months now those with BGs will be OK you are talking rubbish and really should get your facts right . The BGs SJ/HdT gave to purchasers are useless and fraudulent Tony not PROBLEMATIC . (excuse the shouting but I really have had enough of your stupid comments )
How can you defend fraud Tony is it so that you can get your house at any cost or consequence . Do you for one minute think that if by some major miracle that SADM did go a head that this fraudulent company will ever pay any one back their money .I think not .Lets look at there past record Tony . Not looking likely is it ?
What would you be getting from such a bunch of crooks ,what problems could you expect in the future .
There is another question you could ask at your silly little meeting , Why did they issue useless fraudulent BGs ? Can they answer this question .No because they don't care .
If you really want to do business with this lot you are as mad as a brush .This is planet Earth Tony what planet are you on ?
Regards JA
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but I am willing to accept that sometimes (although not very often ) I can be wrong !
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Hi
The bank guarantees (in the main as far as I am aware) are not fraudulent. the banks have seen them and agreed (off the record) that they should pay. I am far more optimistic that we will eventually get our money back. I dont know anything about fraudulent bank guarantees. Where did you get that information from?
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I can tell you the reason my husband has not shared his knowledge with all we paid for our solicitors up front there are people whom we know personally with the same solicitor who are SARC members who did not pay as they like Tony are convinced SADM will go ahead and one of the couples concerned has been bitten twice they originally bought at Trampolin Hills and we all know what is happening there exactly the same as SADM half built for more tha 5 years now.
Tony, will you ask if they have sold the La Zenia Offices and apartments, we have seen People looking around on numerous occasions AND they are the same folks.
Also why 2 couples SARC memebers who currently are awaiting eviction from the bank who have repossessed 2 Azucenas at Playa Golf, this is due to second mortgages not being paid on these properties I would be interested to know the answers to these questions
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Great Auntie Linda
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Tony
For your information yes I have seen the full translated 83 page report (much of which bears no relevance to me or my situation) however my solicitor, quite rightly, concentrated on the relevant parts to me. Tell me why should I share the information that I have paid to get on an open forum? I have already had emails from people who haven't been bothered to get a lawyer/solicitor even asking me to send them copies of everything I've received. the people on this forum that know me or my wife know that I will never post unless I see utter rubbish being spouted or downright lies. I don't know you, for all I know you may be a San Jose employee, so why would I want to part information to you? Oh yes I forgot because you post that SARC report for everyone to read. Yes and what utter nonsense that is!! Sarcasm is not what my original post stated only utter amazement that it had taken so long for a simple translation for a so called professional group. Prehaps you should have used some of the revenue from the sale of your baseball hats, mugs ect to pay a translator. NOW THAT'S SARCASM YOU IDIOT!
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had a hard day at work today but it was worth it to get a chuckle coming home to this, You must be really stupid to get Dave to post..he tends to leave it to Linda! lol
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17 Mar 2009 6:25 AM
joanie666
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I've made 172 posts
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Hi
The bank guarantees (in the main as far as I am aware) are not fraudulent. the banks have seen them and agreed (off the record) that they should pay. I am far more optimistic that we will eventually get our money back. I don't know anything about fraudulent bank guarantees. Where did you get that information from?
Hi Joanie I think you answered your own question " the banks have seen them and agreed (off the record) that they should pay." Why haven't they ?
I believe that the BGs are fraudulent for many reasons . They should not have been dated ,they were issued by companies /insurance or financial institutions who were not legitimately regulated to do so.
If we think on the BGs as a bit like an insurance policy we all know that any insurance is null and void if the premiums are not paid SJ did not pay the premiums .
If we think on BGs as a deposit account , which can be drawn on by SJ for expenses related to the build , but only if they protect and pay premiums to insure the amount they are withdrawing on and using .They must make sure it is covered and safe for purchasers .SJ did not do this .Is that the bank /insurance companies fault ?
If we look at the inform none of this happened no premiums were paid no protection put in place . Does that mean the banks are to blame are they accountable for a reckless company who did not pay there insurance premiums ?
Did SJ know that the BGs would be unenforceable . I think they did and this is fraud .
This is my opinion based on what I have read been told and the experiences of others as related to me .
Of course SARC refuse to consider any of these points as once again it indicates the short comings and disgraceful behaviour of SJ.
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Sorry guys the previous post is a bit hard to read now.I think it is because I cut and pasted Joanies previous post which I was replying to .I cant fix it with editing perhaps Justin can let us know how to do it with out spacing out the thread . cheers MM
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I all most forgot to say ,
Laird Dave of Lochaber
What a rare treat to read your comments on the forum it is not often you partake in such banter . I am only sad it took a dose of unabashed stupidity to force you to give us your informed and valued opinion .
Your eruditeness caused me much pleasure and indeed there is no other more able to put SARC in their rightful place .
Your words of wisdom are always welcome and much appreciated .
With the greatest regards MM /JA
This message was last edited by MAGICMEG on 3/17/2009.
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Nothing surprises me anymore
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Hi All,
Two things:
1) SARC are still recieving membership applications & our membership is growing.
2) We stated some time ago that some purchasers had a document that was not a BG but a notification of the existence of a line of credit for BG's. BG's are not issued by the developer but by the Banks, hence it is a bank gaurantee.
I WANT MY HOUSE AND A POSITIVE OUTCOME FOR ALL
Tony R17 18
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Tony what are you drivelling on about .Your last post makes no sense at all .Please explain .Are you now an expert on the Spanish insurance/banking industry .
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Nothing surprises me anymore
but I am willing to accept that sometimes (although not very often ) I can be wrong !
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Hi Magicmeg,
it seems to read ok to me do you wish a translation
what Tony said in part 2 is factual.
That some people have a piece of paper from their agents showing a line of credit for Bank Gaurentees and they thought that these were actual BG's this is a known fact. you do not have to be a finacial wizard to understand and has previously been mentioned on this very site so once again it is the agents in question that have acted not in their clients best intrest.
Brianmags R4 556
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"BG's are not issued by the developer but by the Banks"
Absolutely earth shattering.
Didn't realise anyone thought any different?
This message was last edited by FriendinNeed on 3/30/2009.
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Brianmags ,once again you are trying to let SJ/HdT off the hook . I received my BG obviously written and signed by the bank from SJ .I picked it up from the offices of SJ .They are legally responsible for getting them from the Bank after each staged payment and giving them to purchasers via agents or lawyers or directly .
Lawyers or agents may be responsible in that they should advise clients that they need to get a BG but the blame for not obtaining and issuing them to purchasers lies absolutely 100% with SJ /HdT no one else . Why do you defend them when they have done wrong ? Why do you still trust them when they have persistently and blatantly broken Spanish Law ? What makes you think that now after years of wrong doing they will now do the right thing by their customers ? What makes you think they give a flying fig about anyone except themselves ? Be sure to take some SARC merchandise with you I am sure that will give them an even bigger laugh ,they have been laughing at you,Tonymal and SARC for years now !!!!! How many more years are you going to be the butt of their jokes .You know nothing!!!!!!! Your stupidity astounds me .MM
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This message was last edited by MAGICMEG on 3/30/2009.
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"Why do you defend them when they have done wrong ?" - STUPIDITY
"Why do you still trust them when they have persistently and blatantly broken Spanish Law ? " - STUPIDITY
"What makes you think that now after years of wrong doing they will now do the right thing by their customers ?" - STUPIDITY
"What makes you think they give a flying fig about anyone except themselves ?" - STUPIDITY
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Hi Fin,
Many thanks for agreeing with us that BGs are issued by banks and removing the confusion that could of been caused by Magicmegs /Joanie 666 posting.
More importanlty is that despite your's and a few negative posters SARC membership continues to grow & purchasers questions etc will be put forward at the meeting in April. I am sorry if this does not fit in with your scheme of things but the purcashers deserve better than having to read insults & no substance.
I WANT MY HOUS & A POSITIVE OUTCOME FOR ALL
Tony R17 18
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"SARC membership continues to grow " But as the head of such a formidable "Organisation", don't you realise that such should happen. People will grasp at any straws in desperation, when they realise that they have left things too late.
"purchasers questions etc will be put forward at the meeting in April." And you will get replies which you will want to hear. That is what "Spin" is.
Sorry, but you do seem to be getting more foolish and unrealistic as time goes on
Don't you learn by experience?
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FIN,
Normally, as you know, I would ignore your eloquent but daft remarks, however, you can say what you like it does not alter the fact that SARC exists, is growing, is a recognised organisation and is working for a positive outcome.
All the best to you and thank you for your input
I WANT MY HOUSE & A POSTIVE OUTCOME FOR ALL
Tony R17 18
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