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Help or Advice >> Banks, Estate Agents, Solicitors >> Owning your own business......WARNING!
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Message started by jools on Feb 9th, 2011 at 11:48am

Title: Re: Owning your own business......WARNING!
Post by jools on Feb 9th, 2011 at 8:51pm
When this family left Mallorca to come and buy in Aragon in 2007, they sold their property in the Balearics, came here, bought a beautiful finca with large house etc etc etc...................and thought they had closed and paid for any outstanding bills etc connected to the business.

So at this time there was no debt what so ever.

Now, due to personal circumstances they have moved back to the UK and asked us to sell the property.

We now have a buyer, and their Lawyer has found out that the social security have tagged a debt to the property for almost 10k.

If they had carried on living on the finca for a few more years, it would have been worthless because it would have been owned by the Spanish authorities.

Food for thought eh??

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