[rt21]

just read about an estate agent who, faced with not being able to keep up with his mortgage payments, has decided to sell his property in an unusual way. (well not entirely novel)

See link below

http://uk.reuters.com/article/oddlyEnoughNews/idUKL2724513120080527?feedType=RSS&feedName=oddlyEnoughNews

wonder whether it will catch on!

Richard

[mike]

@rt21 wrote:

just read about an estate agent who, faced with not being able to keep up with his mortgage payments, has decided to sell his property in an unusual way. (well not entirely novel)

See link below

http://uk.reuters.com/article/oddlyEnoughNews/idUKL2724513120080527?feedType=RSS&feedName=oddlyEnoughNews

wonder whether it will catch on!

Richard

It’s been tried before, they never sell enough tickets.

[Anonymous]

Just a follow-up for those interested:

The unemployed real estate agent who decided to raffle off his home in Ciempozuelos in Madrid over the internet at 5 € per ticket after finding himself on the dole and unable to sell the property, has been forced to abandon his plan. 🙁

The draw has been suspended given that the man had not paid an initial fee to the Spanish lottery authorities. 😯

The problem came when the Spanish authorities, in the form of the State National Lotteries and Betting Organisation, told him that he should have previously paid a fee of 15% of the total amount, some 48,000 €. ❓

He now is also expecting to be served a fine 👿 but at least, he says that he has pride of having tried to do something original.
Miguel Marina has said he will be returning all the bank transfers he has received so far and has admitted the experience has only served to leave him greater in debt. He’s in talks with his bank to try to get the transfers done for free.

So the Spanish authorities, like the ones in the UK, want to get their grubby little hands on everyone’s money at any excuse.
Am sure if he had the 48,000 € that they wanted from him upfront, he would have happily continued paying his mortgage. 🙄

He has written a very nice letter to everyone explaining everything on his website: http://www.elpisodeloscincoeuros.com

[Author]

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