31 Mar 2015 11:21 AM:

Thanks again for your comments

It seems to me that Aroca want us off their back. They seem to be more concerned with protecting their interest than ours. I do take peoples point entirely that independent advice is needed as Aroca can hardly be "independent" when they're linked with Atlas and were part of the purchse process originally!

Notwithstanding that, they are doing all the for free & have being doing so for about that last 7 years (& by doing so, are they admitting they were in the wrong?).

I have loads of questions for Aroca that I'll ask tomorrow....before deciding what to do.

Does anybody know, however......Does the restriction/2nd charge (not sure what its called exactly) that Aroca have entered on the deeds re our interest (& the money paid)...stop the Bank from repossessing/auctioning without taking us to court.

Thread: Aroca Seiquer/Atlas International Problems

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26 Mar 2015 9:02 PM:

Oh! I spent an hour on the phone with CPC Worldwide (is that the same as CPC International?) this afternoon!... they talk a good game! I I was just about to ask peoples opinion of them....They've quoted me £3000, I'm not sure for what?!

They've offered to review the documents etc free of charge, so I can't see the harm....but I am cautious! :)

Thread: Aroca Seiquer/Atlas International Problems

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26 Mar 2015 9:04 AM:

Hi....

Many thanks for that. I will search the site under "Colinas del Lago"....I appreciate your comments.

The house is now possibly worth 80,000 Euro's. It's hard to know if Aroca are being straight with us, I can imagine that they want this matter bought to a close & that could be swaying their advice to us.

In a way I'm surprised that the Developer is offering to pay anything & I wonder why this is...Is it a threat of criminal proceedings?...& if he is offering to pay something (and therefore accepting liability?) then why isn't he paying the full amount outstanding to the Bank....and why does the new mortgage have to be in our names?

Anyway, these are questions for Aroca really, not for here :)

Thanks again

Nick

 

Thread: Aroca Seiquer/Atlas International Problems

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25 Mar 2015 6:58 PM:

Hi Guys, I'm new to the site. Just wondered if anybody had any advice

Aroca/Atlas are probably famous on here, but just wanted to share my story....

Bought a property near Torrevieja 10 years ago, through Atlas...paid cash (130,000 Euros) , The Developer (Jutoma) didn't use the cash to pay off part of the mortgage that he had on the site, so 10 years later the mortgage is still outstanding and the property is basically owned by the Bank (Bankia). Obviously I'm very upset with Atlas/Aroca, for various issues...most of which you'll already know as other people are in the same position.

Aroca are still my solictors and have been trying to sort this out for 10 years. The house has almost been repossesed once. If the matter goes to court, it may take another few years & they may well rule in favour of the Bank anyway, we will totally lose the property....But today (via Aroca) we have had a proposal from the Bank....

They've said that they will accept 53,000 Euros, by way of a mortgage that will be in our names. If we agree with it, the developer will pay 10,000 euros immediately off that 53K and then he will pay another 25,000 Euro's towards the mortgage in installments....therefore theoretically, leaving us with 18,000 to pay ourselves..

I've got loads of questions/concerns that I've yet to put to Aroca & obviously I'm unhappy that they're asking me to pay anything else but.....What do you think? Ever heard of anything like this

Ta!

 

 

 

 

 

Thread: Aroca Seiquer/Atlas International Problems

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