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Old 29-01-2008, 03:53 PM
ady1231 ady1231 is offline
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Join Date: Nov 2007
Posts: 117
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Quote:
Originally Posted by JMBroad View Post
About the development, as I said in my first reply, it looks good on paper but I haven't been to see the site nor have I received confirmation from the lawyers that it is all signed and sealed. For me personally I need either an independent lawyers written confirmation that the paperwork is 100% ok or I need to visit the site myself and check the paperwork myself. You say you've received a due diligence report stating that it is all legal and will be delivered as promised.

So in that case, as long as it meets your criteria to purchase, go for it. Or you could look around but you know what they say... the grass is always greener on the other side. You can always find something that is "that" much better than the one before. However, the longer you wait, the less your money is worth, the earlier you invest it, the more returns you'll see.

This comes from a basic financial investment premise that if you invest your money later rather than sooner, you are losing out on the returns that could have been generated during the period when it was doing nothing.

As long as your money is safely invested in a development that won't vanish overnight, you can only make more or less returns, but you'll never lose everything.
Hi JM;

Thanks, i have reserved the plot. Do you Suggest any specific Law firm to do the Due for me?

Cheers