Morocco Property Forum - Property investment in Morocco - View Single Post

camel · 27-09-07, 05:15 PM

mintmagic:
"So I suppose really the only way to safegaurd your investment is to go with developers that have a track record and sound financial backing".

THIS IS A GOOD STARTING POINT.

A company that is worried about its reputation and pride will do its utmost to protect the investors.

NOT NECESSARILY, THE MARKET IS A BIG PLACED EXPERIENCED AND LONG TERMS INVESTORS FOLLOW DEVELOPERS AND THEIR FINISHED PRODUCT. NEW COMERS DONT HAVE THIS BENEFIT AND THEY FALL INTO THE AGENTS SALES PITCH, MEDIA EXPOSURE. YEILDS ETC, ETC AND BUY THE TIME THEY GET THE FINAL PRODUCT ITS TOO LATE AS THEY ARE 100% COMMITTED. I KNOW COMPANIES/AGENTS WHO HAVE TAKEN OUT GAGGING ORDER AGAINST DISSATIFIED BUYERS.

27-09-07, 05:15 PM	#7 (permalink)
camel Active Member Join Date: Sep 2007 Posts: 94	Re: Developers going bust mintmagic: "So I suppose really the only way to safegaurd your investment is to go with developers that have a track record and sound financial backing". THIS IS A GOOD STARTING POINT. A company that is worried about its reputation and pride will do its utmost to protect the investors. NOT NECESSARILY, THE MARKET IS A BIG PLACED EXPERIENCED AND LONG TERMS INVESTORS FOLLOW DEVELOPERS AND THEIR FINISHED PRODUCT. NEW COMERS DONT HAVE THIS BENEFIT AND THEY FALL INTO THE AGENTS SALES PITCH, MEDIA EXPOSURE. YEILDS ETC, ETC AND BUY THE TIME THEY GET THE FINAL PRODUCT ITS TOO LATE AS THEY ARE 100% COMMITTED. I KNOW COMPANIES/AGENTS WHO HAVE TAKEN OUT GAGGING ORDER AGAINST DISSATIFIED BUYERS.