Cyprus Property Forum for Buyers, Sellers & Investors

So, you’re ‘into’ this for €187000 and are willing to return the property to the developer. Furthermore, you are happy to absorb that loss on the basis that you can write it off as a CGT loss. I think that’s what you’re saying?

As Pan has suggested, why not try to sell the property yourself? If, as ...

Dusk until dawn! Are you sure the pool sign doesn’t read ‘dawn until dusk’?

Hi Nigel, thank you for the reply. None of your replies to my pm’s have appeared in my pm inbox - I am only aware that you have replied when I see it in my emails! The pm’s I sent you are in my pm sent messages (25/03 & 27/03), but for some reason your replies are not being delivered to my pm inbox ...

Re: the last sentence, have sorted it now - I hadn’t checked the ‘remember me’ button! I received your reply ‘pm received’ but only in my email inbox- I wonder why it’s not come through on the forum as a pm in the usual way?

TD

Hi Nigel, I sent you a pm yesterday- you said that I had paused it (if so not intentionally). Did it come through eventually? Could you let me know how I actually sent a pm - I must be doing something wrong? I sent a few some years ago, perhaps I’ve just forgotten.
Also, I keep being logged out ...

Sunlover1972, I would be cautious in assuming 6 years is the limitation period when it comes to property loans/mortgages. 6 years seems to apply to cases involving credit card debt, negligence/personal injury cases etc, but as far as i can see, it’s 12 years for housing loans. Google ‘statute of ...

Hi, this is primarily for Pantheman. Just reviewed my whole thread and would be grateful if you could clarify this. Pan, on 16 Oct 2017, you stated that I had a 'chance to cut lose' due to my circs & you were wondering why I was concerned about the writ having (possibly ) been sent to my previous ...

Hi Nigel, I very much hope that things are well with you these days. As per my last posts the Bank obtained a judgement against me in 2015 - nothing further has happened in the interim. Having reviewed all my papers recently, a few thoughts:

( 1 ) Guarantor - Apologies for raising this old chestnut ...

Hi Sam, presumably, you've read my thread in full. Since the judgement was obtained by the bank, I've had no communication from 'anyone'. That's all I can tell you right now.

Good luck,

TD

Good afternoon Nigel,

Reference the judgment that has been obtained against me, I note on the Court paperwork that I am named as Defendant (1) and the Developer as Defendant (2). Would this appear to suggest that the Developer is being pursued by the Bank jointly with myself (ie.due to them acting ...

Hi Nigel,

I've now had a response from the Bank's lawyers after I had challenged them over the fact that the Court summons was sent to my previous address, thereby, denying me the opportunity to attend the hearing (I had informed the Bank of my change of address). I had suggested to the lawyers ...

Thank you for your comments Pan - I do appreciate your input. As regards the developer not being able to find a buyer, I suspect what you said is probably correct. I had the property on with them for approx. 9 years, but hey, I guess they would always push their own properties first.

regards,

TD

Thank you for your prompt reply Nigel.

I don't have a lawyer acting for me, so, that narrows it down to 2 possibilities. If I was a betting man my money would be on 'they've sent it to the wrong address', because the address I lived at when I took out the Loan in 2004, is what's stated on the Court ...

Hello Nigel, I hope you're keeping well these days.

There has been a development in my case since we last spoke. Yesterday, I received a letter from a firm of Solicitors in Cyprus, who are acting for the Bank. Here are some of the key extracts: "As you are aware, the Bank commenced legal ...

Hello Nigel, it's been a while since I've posted - I hope all's well with you. Here's another one for you.
I took out a loan for CHF 120,000, in 2006, in order to purchase my apartment, to be repaid over 15 years (180 months). When I reviewed the paperwork many years ago, having become unable to ...