SARCO

Hi all, I (Mart was working away) had a wonderful trip thanks and would have loved to pm all those who have become cyber friends.  Lots to tell and yes it looks as if we are sorted at last.  We are justing waiting on the final draft of a contract - NOT with San Jose or anything to do with them this time, but a deal elsewhere on a beautiful new Finca style property. Legals checked, everyone very happy, and can have all rights to claim from those non-descript con merchants San Jose.  Just need final figures (today), and we have a house in Spain!  Myra, Auntie Lindy, Arlene, Bri and Meg , Sue and lots more well wishers too many to mention , we will battle on with you and arrange a get together in Fortuna in May as.. its going to be our honeymoon as well.. I like projects!!!  We're getting married on 1st of May and then coming out to our new home to do the garden!  Poor Mart. We will still have the long battle ahead with SJ but some happier times ahead now which we ALL deserve.  Things can happen but, like Brian, you have to make them happen to the best of your Lawyer's ability!  If he/she is not doing what they can.. change them for a recommended good one with your interests at heart.

One more hurdle to go today and we are all set for keys in March.

Sal and Martin

CONGRATULATIONS! Sal and Martin!

Can I finally uncross my fingers??

At last some good news on this forum!!  I hope it will give others some hope!!

The wedding congratulations are heartfelt too!   I hope you have a wonderful future together.......Have you chosen a dress yet??

Love and best wishes

Myra

Sal will cetainly get a good deal on her dress eh Sal? she has enough contacts in the business I'll keep May free

You are all so kind.  Picked dress, ordered, daughters sorted, rings, registry, restaurant booked and rung with an invites, cake and flowers, mens all sorted too. Ahh now I can relax and concentrate of a 100 other brides weddings coming up for me!  

Sal

Hi Sal/Martin

Great news and really happy for you.  The year is starting positive and thats exactly how it should be.........life is for living.

Not waiting and hoping and being ripped off.................or clinging to some false dawn with crooks and con merchants.

An inspiration to us all...............bloody well done girl.

Best wishes...Brian

Hi All,

I have been & I still am extremely busy at work at the moment. I am pleased that Sal has got a positive outcome and I wish her well.

As for the rest of us we would like a positive out come too, be it those with BGs or the 90% of us who do not have them.

I know that the whole situation is very annoying for us and that we would all like it sorted out ASAP but we all know that Spain seems to work to a different clock to that of the UK. At the moment I am not in the blame game but still seeking away out of this mess for purcahsers that  leads to a positive outcome. It is now so obvious to everyone that there is a credit crunch and loads of developers are having problems in Spain. Also the banks are being catatonic  and not enabling commerce to take place by sitting on the money supply.  So even though there are assets on paper, realising them would be problamatic and probably very lengthy. It would still seem that getting SADM refinanced and our properties buit is the best option for the majority of purchasers and by us supporting our development we help ourselves.

There have been some rather silly remarks made about SARC and what is so sad is that SARC is a purchaser group working purely to try to get information out to purchasers and to enable us all to have a positive outcome.

 I want my house and I know there are others who feel the same plus some who want their money back. We can get a result that helps both if SADM recommences and the income generated should enable HdT to refund those who no longer wish to be at SADM.

I wish you all well

 I WANT MY HOUSE

Tony R17 18

Never mind there will no doubt be a Delores thread next year !!  I'm gonna make sure none of my friends or family will be on it thats for sure

Chrissie

Ummmm, Tiger, I think it was you who was the last to realise there was a "credit crunch", although that has nothing to do with the problems, as the problems were there 18 months or more ago, pre credit crunch.

Hopefully the banks will have learned from their mistakes and not lend further funds to what is a lost cause, the development of SADM.

It has been mentioned and proved before, that you do not have a clue about corporate funding, re-financing, or developments, so why do you attempt to make a bigger fool of yourself?

"It would still seem that getting SADM refinanced and our properties buit is the best option for the majority of purchasers and by us supporting our development we help ourselves." But they will not and you will not. There is a big world out there, and time you took part in it.

"There have been some rather silly remarks made about SARC" What do you expect with the rubbish comments and observations we read from you.

FIN,

Thanks for a daft remark again. I was aware of the impending implosion of the property bubble back in 2006!  I deliberatley bought inland away from the coastal wasteland, which had inflated property prices maintained by the Non Spanish. I chose SADM because of its location, the non reliance upon non Spanish purchasers for property prices and the improvements that were in the pipeline.  SADM will be a destination in its own right and it will cater for a different market.

You keep carping on with your silly and selfish remarks but what do you or have you achieved?  No matter how much indignation is expressed or anger at the situation it will unfortunately not change our situation nor help us get a postive outcome. It may be that you are in the selfish little group that know that there is no money to pay purchasers back, that if SADM does not go ahead and HdT is liquidated it would take years for assets to be realised and those of us without BGs, (THE VAST MAJORITY)  would be screwed!

So if you want to be angry or express indignation why not aim it where it really deserves to go and could be of help..... THE BANKS  and possibly the legal representatives who failed to ensure that their clients had BGs.

 I WANT MY HOUSE AND I WANT A POSITIVE OUTCOME FOR EVERY SINGLE PURCHASERS & I  & OTHERS WILL DO ALL WE CAN TO TRY TO ACHIEVE IT!

Tony R17 18

I

Dont be daft

If you were aware of a property implosion in 2006 you shouldnt buy then, you buy when the implosion is at its first recovery stage..................when the properties are at their optimum buying price and have best chance of growth.

What are you on about now....................deary me..........

Maestro,

"I was aware of the impending implosion of the property bubble back in 2006!  I deliberatley bought inland away from the coastal wasteland" So, more fool you. If you were aware of the dire problems which the construction industry would be facing, yet you did not have the sense not to part with money when it was unknown if a developer could come up with the goods.

I must congratulate you on your in depth knowledge of the property market, knowing as you did, in advance of the professionals, of the "impending implosion". Pity you didn't know what it meant, so parted with your money and without ensuring security, i.e. a BG or similar was in place.

"will cater for a different market" Maybe for mobile homes for the next 10 years, or travellers in general.

"You keep carping" Surely that isn't correct. What do you mean now?

"So if you want to be angry or express indignation why not aim it where it really deserves to go and could be of help" I do, that is why I take time to respond to you and your sect.

"THE BANKS" Wise people cutting of the lifeline to companies whose business plans do not stack up.

"the legal representatives who failed to ensure that their clients had BGs." Especially those clients who were aware "of the impending implosion" yet still proceeding. Those who were not aware of the "impending implosion" I don't doubt all have sympathy for, but when, as claimed, you know of it, it is just stupidity, which no doubt you will agree with. You know it is dangerous to look down the barrel of a gun and pull the trigger, so why do it?

Tony.

I am farely sure i touched on this subject in the past but do you realise how many people you alienate when you lay the blame with the banks and legal representatives but stubbornly refuse to accept the part that SJ/HDT have played in all this. From the viewpoint of a casual observer you must surely admit that this smells like a conspiracy betwween you and SJ/HDT. You actively pursue your recruitment drive for SARC membership but by making comments as you have only seem to repel them. Obviously only my viewpoint but would be interested in any honest and serious reply. Almost forgot informative also would be good.

Ken.

This whole discussion astounds me .Lets put the blame fair and squarely where it belongs directly on the shoulders of HdT /SJ .Who , long before the economic down turn and long before the property bubble burst  made a series of " we are above the law "  extremely bad business decisions .

Greed greed and more greed ,buying up land and moving from one mad cap project to the next  with no regard for completing or fulfilling their obligation to the people whose money they were using to fund their folly. When the going got tough .they got going .

If I was a bank HdT /SJ would be the last company on earth I would lend to .Lets stop all this stupidity Tony and call a spade a spade . I realise you would like a good outcome for all but it does not mean you are going to get it. With the dedication you have you would have a huge group of purchasers on side if you could only realise who caused all this and that they must  never be trusted again.

But the Maesto Tiger and brianmags trust them, they are happy to hang on in there. Wouldn't surprise me if they would be prepared to part with more cash.

Hi All,

We believe that we will have the fully translated report  very soon and it will be sent out to SARC members and then be put onto the SARC site for you all to be able to access.  We have asked for a meeting in April and if you have any questions that you wish raised please email then to the SARC email account.

 I WANT MY HOUSE AND A POSITIVE OUTCOME FOR ALL

Tony R17 18

Good God'

Has it really taken you this long to translate that report!! Our solicitor had it translated within a week, had email the report to us, arranged an interview and discussed the relevant parts!!  I'm totally gobsmacked that your members have had to wait this long and still haven't been able to digest the facts yet.

As a side issue we have just had another session with our solicitor where she told us that the administrators had just given permission for some land asssets (not Jumilla) in Murcia to be sold off. Sensible legal views are that the company realises it has no future and is now finding buyers for assets to enable creditors to be paid. Also the creditors meeting will now be held end of May begining of June, the delay has been due to two major points, one is the ammount of work piling up at the courts/judges and two the creditors list ammounts are still to be fully confirmed.

I wouldn't hold my breath waiting for either SARC or my property at Santa Ana to be built. get youy money back and buy a resale thats legal.

Dave Butler (my real name, ex 333 R4)

Hi Tonymal can't believe you are still flogging the dead horse ,However if you insist on having the meeting in April  to be told yet more lies . I would appreciate if you could ask a question on my behalf .

Where has all the bloody money gone ?????????

Hi All,

I would of  thought that by now the stupid comments would have come to and end but no it would appear that some still wish to behave like children.

Dave, sarcasm is not very becoming and I am surprised that, if you had a full and complete  translation that you did not share it with any one. Is it more likely, as it is over 80 pages that selective parts were translated for you and you were not given the complete document in English? But thanks for helping evey one and feeling the need for sharing your remarks, if not your information with us all.

JA oops no you call yourself Magicmeg now, what a daft and pointless remark, which requires no further remark than that.

It is time for the infighting to stop, those of you with BG's have an out, it may take time and it may be problamatic, but you have one. The rest of us will be sorely let down if SADM does not go ahead as the only way our money is safe is if it does.

Any sensible questions please email the SARC email account

 I WANT MY HOUSE AND A POSITIVE OUTCOME FOR ALL, EVEN THOSE WHO DO NOT WANT ONE FOR OTHERS.

Tony R17 18

OK Tiger (the salesman's delight). You say " thought that by now the stupid comments would have come to and end " . They would if you didn't publish garbage and spin.

Then "if you had a full and complete  translation that you did not share it with any one". So, you 100% certain he hasn't?
Can you now speak for all?

"Is it more likely, as it is over 80 pages that selective parts were translated for you and you were not given the complete document in English? " Only you would know the facts, you saying Dave has been duped like yourself, I think not. There is only one .......

Possibly Dave thought that as you and SARC are so well informed, he wouldn't insult you by offering what you consider "selective parts".

"JA oops no you call yourself Magicmeg now, what a daft and pointless remark," In response to a stupid question.

"The rest of us will be sorely let down if SADM does not go ahead as the only way our money is safe is if it does." So there is a chance it will proceed?
What, a few or dozen overpriced houses, with table-top golf and other pastimes.?

Tony

I would also like to know where the money has gone, I would like to know why San Jose refused to renew my bank guarantee, I would like to know why they tell so many lies and make so many broken promises, I would like to know how they have been allowed to keep their luxury homes and lifestyle,I would like to know how they sleep at night, I would like to know when they will be on television with a public appology etc etc etc

I have given up going to their meetings as you cannot deal with people who are economical with the truth. They are having trouble finishing El Pinet, what chance has Jumilla, a non starter, my lawyer say's it will never get built as do a lot of other legal people. Who in their right mind would buy land and build houses in todays market, especially when it is in Spain, everyone knows now about the corruption!

I would also like to know why San Jose are promoting Dolores and what about Albatera the development that had everything in place only to be found out by a lawyer that planning permission had not even been applied for!

With respect Tony and i thank you for what help you tried to give but please do not give these people any more of your precious time! You are worth more than that!

FAR