Thursday 1 March 2007

¿ Selling ?

There are several owners trying to sell their properties/plots at the moment. Many of these owners have court judgements against them for debt to the Community.

After discussing this with the Administrators, the advice to these owners would be to consult a solicitor to obtain the latest legal position on trying to sell a property with a debt on it. Owners wishing to sell are also advised to obtain the Escrituras for their plots if they do not already have them, as I understand the Administrators will not register new owners without copies of these documents.

A notice has been posted outside the Office advising any prospective purchasers to visit the Office to learn all the details regarding a specific property they may be interested in.

Recently one owner attempted to sell his caravan and plot by auction on Ebay.
However the auction listing grossly misrepresented the property he was selling. For example it was advertised prominently as being of 150 square metres, when in fact it is only 100 square metres. Neither did he mention the 1300 Euro debt on the plot, yet he expected any successful bidder to pay a deposit without seeing or learning anything of the real situation. There were other statements in the auction listing, which at best, could be described as being economical with the truth.
A copy of the auction listing was presented to the Committee, who felt that whilst this sort of advertising was deplorable it is not their place to interfere if someone was stupid enough to buy this property from an internet site unseen. It was suggested the Committee write to Ebay regarding the false claims made in the auction listing, no definitive answer to this discussion seemed to emerge. However I do know that quite a few owners are members of Ebay. one or more of them could well make a complaint to Ebay in their own right as members.

For those of you not familiar with the Internet Auction site Ebay, it uses a very good system of self regulation known as "feedback". When two parties complete a transaction they are able to leave "feedback" comments about each other regarding the quality of goods, speed of payment etc. Over time Ebay members build up their personal "feedback" rating, this is openly available for any Ebay member to study and gives a fair indication of whether a particular member can be trusted to deal with. Ebay takes a very dim view of any fraudulent or misleading auction listings, and if it does receive a complaint about this particular auction there is little doubt the member will be banned from Ebay. This would be very serious for the owner in question as he runs a business selling items on Ebay. Once banned in this way it is very difficult, if not impossible to become a member of Ebay again.

If you would like to know more about how to use Ebay, how it works, or become a member send an email to :-

misolpark@gmail.com

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