Medview Deeds - Has anyone got their Title Deeds?
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tmh30
Joined: 17/07/2008
Posts: 1
Message Posted:
17/07/2008 18:59
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Message 1 of 5 in Discussion |
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We have bought on the Forest Beach & Golf Residence in Esentepe and understand there is a mortgage on the land which will in turn inhibit us from obtaining our title deeds until the mortgage is lifted. Has anyone on any other Medview development experienced the same problem or has anyone received their deeds?
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Hilltop
Joined: 28/04/2008
Posts: 232
Message Posted:
17/07/2008 19:33
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Message 2 of 5 in Discussion |
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You absolutely must be joking.........many years away yet.
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brandy sour
Joined: 09/04/2008
Posts: 191
Message Posted:
17/07/2008 23:08
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Message 3 of 5 in Discussion |
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IF the land has been mortgaged a good chance no!
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Littlenige
Joined: 24/12/2006
Posts: 2270
Message Posted:
18/07/2008 05:02
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Message 4 of 5 in Discussion |
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I asked the same question on the boaz board,
I am led to believe NOT I BUYER HAS THEIR DEEDS FROM MEDVIEW
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stevemac
Joined: 21/07/2008
Posts: 30
Message Posted:
21/07/2008 20:28
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Message 5 of 5 in Discussion |
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It is well known with advocates and estate agents thet Medview Homes mortgage their sites to excess. You wont be able to obtain your title deeds until the mortgage is cleared and as property here has taken a downturn like the rest of the world but probably worse here as people are getting wise to the ill advice given by the advocates, estate agents, developers.I dont belive anyone who has bought from medview has their deeds yet. This has only come to light because people are now able to regıster their contracts at land regıstry and finding out their are large mortgages on them. It ıs wise to register yourself as some advocates are not informing their clients of the mortgages still. Theres a good reason why experienced people on these boards are advising to buy resale property only with the title deeds ready to transfer over. Youll sti,ll have to wait for your permission to purchase but at least if you are getting the deeds from someone who already has them you have more chance of them being transferred to you than if it was still ln the developers hands.
Regards
Steve
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