09 Mar 2011 5:28 PM:

Just tried to PM you but it didn't seem to work, I'll try again later but basically we didn't proceed and are suing Romanber for not completing on time.

 

Tim.

Community thread: Not Proceeded

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13 May 2009 11:33 PM:

Hi,

Thanks for the reply. As I mentioned, we were told the same thing but our new lawyer has since been told by him that we do not have a bank guarantee and Romanber say they have no knowledge of specific purchasers, she is trying to resolve this once and for all.

However, while Googling for information about these guarantees it seems that it's very common for the developers to drag their feet, not provide one at all or provide a "fake" one taken out through a front company, which isn't worth the paper it's written on. I would urge you to request a copy of the Bank Guarantee from your lawyer and to validate that the company providing the guarantee if genuine, apparently there is a Government blacklist somewhere of these front companies, I guess Google will tell you where.

Obviously our laywer is only working on our case but I get the the impression from what she says that this is not specific to our case but is same same for other purchasers too. Hopyfully this will turn out to be a misunderstanding but it won't do any harm to check the validity of your Bank Guarantee and the status of your contract.

Tim.

Community thread: Bank Guarantee

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07 May 2009 12:00 AM:

Hi all,

we are currently beginning legal proceedings with respect to our property in Arcos and have appointed a new lawyer to replace the one recommended by Sunset and we are uncovering some disturbing facts. As I mentioned in a previous thread, it turns out Romanber have never heard of us "officially" because the original contracts were between the purchasers and Sunset Estates and between Sunset Estates and Romanber. When Sunset folded our contracts should have been transferred to Romanber which they were not.

When Sunset went under we enquired to our lawyer at the time about the situation and specifically whether there was a Bank Guarantee in place and we were assured that our contract was now directly with Romanber and that we had a Bank Guarantee. However, our new lawyer has since been told by the previous one that there is no Bank Guarantee and that the contracts were never officially handed over to Romanber which is why they have never heard of us.

I'd be grateful if someone could let me know if they definitley have a Bank Guarantee (and have laid eyes on it) and I would recommed that those of you that think you have one insist on getting a copy of it. I'll update this thread when I find out any more information.

Tim.

Community thread: Bank Guarantee

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20 Feb 2009 9:53 AM:

Thanks for the reply but the plot thickens, for us at least.

We recently appointed a new lawyer who contacted Romanber and their initial reply is that they have no record of us as purchasers in their database and no contract with us and that we should refer our request to the agent from whom we bought the property. this is despite the fact we were offered the same assurances as other Sunset clients (i.e. that our money was safe and the contract was now between us an Romanber).

Our lawyer will not be able to speak to Romanber until next week so it could be just a mistake on their part but I am assuming they are well aware of Sunset's demise, given the headache it has caused them, so I don't understand why they are referring us back to them.

Community thread: Contracts

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07 Jan 2009 8:38 PM:

Thanks for all your replies.

Community thread: Bank valuations

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