selling homes abroad tv programme.

cressy


Joined: 01/10/2007
Posts: 36

Message Posted:
24/10/2007 23:01

Just watched a tv programme on channel 4 called 'selling homes abroad'.It focused on two couples who had brought property but had problems with the title deeds.The developed being bent and the solicitors also.Nothing new about that i hear you say, but this for once, was not about the north it was about the SOUTH.

Good to know that not all tv stations and opinions and biased.



cress

McSteviet



Joined: 11/05/2007
Posts: 1089

Message Posted:
24/10/2007 23:20

Yes, great to see not all is rosy on the other side.

And for once it's not the northern side getting it in the neck.



I was interested to see that they have some similar problems to those some experience in the North, i.e. not getting title deeds for years on end and developers mortgaging land/houses they have already sold.



I wonder if the legal systems are so similar and not changed much since partition.



MC

ilovecyprus


Joined: 08/05/2007
Posts: 2880

Message Posted:
25/10/2007 00:09

Yes MC it as though the legal systems are comparable, and perhaps the mentality sometimes are not that disimilar.

So much for the GC's having their act together. The presenter was right to bring up the money situation. Properties were worthless and just passed down from parents to siblings, but now big money is involved this dynamic has changed completely.

It was amazing to see the GC family wait for the british couple to finish renovating the property, so it increased in value, and then they claimed it for their own.

ukturk



Joined: 01/09/2007
Posts: 1974

Message Posted:
25/10/2007 00:56

hi guys

and you hear the greek cypriots complaing that the turks are selling their land that dont belong to them thats why there is the problems with deeds

well its the same on the south most of these lands with these properties on the, actually most of them belonging to the turksih cypriots and they are exchanging hands for BIG money are the origanal owners going to get compensated fully NO!!!!!!! they are not

so good i say they are having problems in the south and i hope they carry on still (feel sorry for the ones getting ripped of thou) but they did not do their homework they thinking there wont be no problems because the south is in the good old u.s of europe (basically what the e.u is the united states of europe

cressy


Joined: 01/10/2007
Posts: 36

Message Posted:
25/10/2007 01:11

how ironic....the gc family claimed all along that the origional house was theirs and did nothing until the house had doubled in price then claimed it as their own,but according to the presenter,may have forefeited the right to claim it as theirs because they did so....they obviously saw the opportunity to make quite a lot of money from this.

cress