22 Jul 2009 8:25 PM:
Thanks for all you replies.
We had the propery valued by somebody the bank recommended before we requested a daciaon en pago. It was valued at 178,000.00 Euros with the Mortgage being 128,000.00 Euros.
I have a copy of what our joint owners had given at the Notary which is obviously in Spanish. I will have to get this translated I guess to check the content.. Something we obviously should have done soon as they come back from signing what we thought was the dacio en pago!
Anybody any ideas of where we can get this translated?
What is the best course of action here to establish:-
A. what we have actually signed and if not a dacion en pago
B. pursue achieving a dacion en pago (if we havent already signed for one) before its too late and the property possibly gets re-possesed.
Is there a way of checking the title to check if its in the banks name or ours?
Many Thanks
Forum thread:
Dacion en Pago Query!!
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