15 May 2008 8:42 AM:

Has anyone had success transferring their deposit to another San Jose property like Playa Golf?  Our Jumilla property was due for completion in June '07 and in Mar '08 we requested a list of other key-ready properties through PSI.  They said that they would send it to us.  We have been chasing this list since then and even spoke to PSI again last week.  They didn't give us any idea that the liquidation was possible but still sounded enthusiastic to help us transfer to another property.  Now we know they were just stringing us along.  We feel they are completely incompetent - couldn't even get our name write on the email telling us that the development was going into receivorship.

Also, has anyone looked into the possibility of taking a claim against PSI?  Afterall, they should have ensured that their clients (the purchasers) were protected with a bank guarantee.  Correct me if I'm wrong but isn't a lawyer supposed to ensure that the law is followed?  I certainly won't be giving them the 2,000+ euro that they have asked for to pursue our case. 

Thread: San Jose into liquidation.

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