06 Mar 2009 3:53 PM:
I Had corvera phone me out of the blue last week asking me if i had a mortgage in place and if not would i be interested in having one with them.Pablo said that i would be able to get the other 70% on a mortgage,but i thought its alright have 70% mortgage when they are worth 30% - 40% less now, so why would i want to complete in negative equity mmmm!.I was thinking there must be something wrong to be phonning people to see if they have a mortgage in place or is it because of lack of solicitors contacting corvera to pass on some good news about people completing,has anyone else be approached by corvera this last week or so.I think they are bricking it because there funding will dry up from the bank If not enought completions are made.Then the people that can complete will be staying on a half finished site what wont be good for business or them selfs,but if the developers were as keen as taking my money in 05 this would have been build and i would have completed now,but i state nearly three years down the line and still not finished phase 1 and 2 they new what they were doing dont you think when we all signed on the dotted line? i think we have been stiched up like a kipper ! and lost a lot of money unless they go bust.
It will be a nice building site i mean 5 star golf resort sitting in the sun with and drink in one hand and a hard hat on my head to keep the sun out of my eyes
Community thread:
Deals at Polaris World
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