16 May 2012 09:50:

Dear All,

as Maggie said "you cannot beat the market" whether you cheer or cry at what the market has done, it will make no difference.

it seems that the "bubble" persuaded ordinary people to become "investors" or "speculators" risking all to buy multiple properties, in Spain with the hope that it was as safe as the UK. Even taking out multiple mortgages.

the "happies" told us it was, the victims found that it was not - more a crooks paradise.

well it is now over - cheer or cry - no difference.

Regards

Norman

 

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13 May 2012 11:10:

Hi Poppyseed,

sounds good, if you want a qualified idiot expert to look it over you have only to ask, even without the housewarming.

All the best

Norman

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12 May 2012 19:31:

Hi Poppyseed,

sounds great, smaller even than La Popinere, ex-farmhouse by the sounds of things - give the forum a treat and post some pictures please.

Has it all been modernisde or have you some work to do?

When is the house-warming?

At my age I can always stretch a holiday.

We have some ex-pat drop-outs from Spain staying at the moment and they are finding it cold here.

Best Regards

Norman

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12 May 2012 15:18:

Perhaps sell whilst both alive.......

Buy to let in UK.....

get ever increasing rents and and value.........to pay reducing rent in Spain

no inheritance between joint owners....

let children worry about inheritance tax...

perhaps even buy in their names.....etc.

perhaps even this is due diligence????????

Regards

Norman

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12 May 2012 15:00:

Good stuff,

great, isn't there something about better to be born lucky than rich. what do they say about having both???

Regards

Norman

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