All Topics / General Property / Tambrey apartments in Karratha

Viewing 3 posts - 21 through 23 (of 23 total)
  • Profile photo of LauryLaury
    Member
    @laury
    Join Date: 2012
    Post Count: 35

    Wow – what a tale of woe!  I sympathise with anyone that tied up in this mess and I certainly will be extremely cautious if ever tempted to buy off a plan!

    Profile photo of pypy
    Member
    @py
    Join Date: 2012
    Post Count: 20

    OMG! I just got a email from Alan from MLG for Onslow OTP property which I was seriously considering. Good that I did a google search on them.

    Profile photo of helken2310helken2310
    Member
    @helken2310
    Join Date: 2012
    Post Count: 1

    I share Interested Investor's view, and now that the dust has settled from this house of cards, some thoughts on the players:

    The Investors – We understand buying off the plan is an uncertain proposition (the old risk/reward equation), BUT the investor has a right to the information the developer/agent may have that could affect the outcome of the investment.

    SGC Securities (founding Directors Tony Sage, Marcus Gilmore and Niall Conlon) – I understand the diificulty in bringing a development project to completion in the NW, BUT a professional developer would have his ducks in a row before inviting investors to participate.

    MLG Realty (Marcus Gilmore, founder) – I understand that a real estate agent works for the seller and not the buyer, BUT a professional agent would not screen buyers from the facts of the development.

    Chalmers Legal Studio – (wrote and executed IMO a very one-way contract) – I understand a solicitor's first loyalty is to his client, BUT in this case they have done nothing to diminish the popular opinion of the legal profession.

    So I add my "Thank You"  to the Tambrey Apartment Development Project, for showing me what to look out for next time I venture into buying off the plan.

Viewing 3 posts - 21 through 23 (of 23 total)

You must be logged in to reply to this topic. If you don't have an account, you can register here.