Please go to the website www.rockypointexposed.com for information regarding current real estate issues in Rocky Point. After visiting the site, feel free to post comments on this blog. Just click on the “(xx) Comments” button below to view or post your comment.
I will not question or second-guess any of the comments made by several people on this blog. My respect and consideration goes to all of them. All I will say is this: I, acting as a Mexican attorney based in Hermsoillo, represented a married couple from Tucson, Arizona, who acquired several real properties in Puerto Peñasco in the year 2000. A few years later, they sold them and made very good money. No problems whatsoever. Key of their success? Simple: I personally conducted a deep, detailed title search each time (much more than getting from the Public Registry of Property a “Free-from-liens certificate”, and more than merely verifying the existence of an “uninterrupted chain of title”), looking for issues and flaws that are often beyond the surface and which go unnoticed by those who lack the knowledge and expertise to know what to really look for. Also, the way we went about the closings was considered “unusual” or “excessively careful” by local standards in PP. Maybe so, but, as I said my clients went in, and later came out, absolutely clean and richer. In the process of doing title searches, we of course rejected several properties being offered to my clients by the local realtors, because of the issues, flaws and risks that I detected. My clients, of course, always relied on my advice. Best to all of you.
I have a question about the North Beach developers: What is the relationship of Las Palomas and Bella Sirena to North Beach?
I ask this because the state of Sonora’s proposal mentions that North Beach investors can apply 1/2 of their (lost) deposits to Las Palomas and Bellas Sirena.
On a related note, what kind of financial trouble is the Las Palomas development having?
Regards,
Nick
It is my understanding that they proposal is empty~ Bella Sireina is NOT particiapting and is the sister property of Rivera Real. And Las Palomas~ they have had more contracts canceled than inked lately! Their HOA’s fees are completely inflated and property value is declining BIGTIME there. We were going to buy last year at this time of year there and we could get the same property for almost 80K cheaper this year. EVERYONE WANTS TO SELL to owns there
Basically what was given at the meeting was NADA!!
Joaquín Cabrera, Esq.
Lic. Cabrera, I am glad you know how to conduct in depth searches of title, and you are pretty detailed in your legal work as well however, you failed to mention what happens when the Sonoran system of government REFUSES to enforce their laws?
What good is all of the hard work you put into protecting your clients prior to the sale, what happens after the sale when you hit a brick wall as you try to protect your clients interests when criminals steal their land. When the executive branch interferes with enforcement of the laws? When the judicial branch at the local levels is influenced by outside sources ad don’t apply the law as they are written?
Lets not make out all the people that have horror stories to tell about real estate investments negligent for not exercising due diligence. All Mexican lawyers may not think like you with efficacy and fudiciary being a right and not a privilege. The client should be first and not the social network utilized to get things done (behind the scenes jurisprudence) as is commonly practiced in all of Mexico and not just Sonora.
I am curious what your public opinion is of Mr. Raul O’Farril, Esq. might be? I don’t know the man personally, nor have I had any dealings with him, but from the overwhelming negative comments about his practices including omissions, I would be extremely judgmental about his integrity and character! How that man sleeps at night is beyond my feeble comprehension!
I welcome you to comment on my personal situation; currently making it’s way through the Sonoran courts as slow as molasses in an artic winter! But it’s moving. If you don’t have enough information to render an informed opinion from what I have posted here, then you are welcomed to read my blog at http://www.elgolfonews.com or at http://www.noticiaselgolfo.com (Spanish version just not as detailed). I can assure you that extensive due diligence was practiced in my situation in regards to the legal issues, the “social issues” are another matter all together. Ownership is not at issue in El Golfo. You can post your comments here and or on my site. If you find any of my assertions to be false or distorted to my favor and not representative of the true picture, then by all means tell me so that I can change its presentation. Remember I am not a lawyer nor am I a native Spanish speaker/reader; I am just a Gringo that tried to purchase the American Dream SOUTH of the BORDER!
Pedro
Joaquin Cabrera,Esq
I have read your blog about the successful investors that you represented from Tucson. I am sure their success was at someone else’s expense because there are not many successful real estate ventures in Puerto Penasco.
The major problem is corruption within the government at the local, state and federal levels and real estate agents that try to cover it up. When the Sonoran Government officials came to Phoenix for (2) meetings, they were full of promises but have disappeared back into the system and not even the Arizona Dept of Real Estate has heard from them since the last meeting (June 19th)
The U S Media has been our only hope for any type of relief in this real estate fiasco in Puerto Penasco. We have contacted newspaper reporters both in Hermosillo and Mexico City with no response.
What do you recommend we do to get the Mexican media involved to inform the public that Mexico is going to lose millions if not billions of dollars because American people are now aware of the corruption and Mexico’s unwillingness to correct it?
In need of advise, my husband and I are about to buy a 2bed condo in Las Palomas Phase 1 resales. We have put 5k in escrow but have not signed the offer or the escrow letter. So I think we are still in time to pull out. The deal on the condo is very good. The problem I am having is that I read all of this and I cannot find the connection to where Las Palomas is involved in any fraud other than raising HOA fees. Please know some sense into me if I am incorrect.
sonalva
Take the money back as run as fast as you can away from Sonora Real Estate. I do mean as fast as you can! I just lost my appeal to get my land back that was stolen from us ( forceibly kicked off) rus as fast as you can! And if you can’t get your money back, run as fast as you can and forget the 5K! I have 250K invested just in the fight alone to get our land back! And we have clean legal TITLE!
Pedro
There is no safe investment in Mexican real estate. Although a resale in Las Palomas may seem like a good idea today, it is not wise to invest a single cent in Sonora real estate. And here are the reasons why: If one of the relatives of the original owners of Sandy Beach (which is where Las Palomas is located) decides to crawl out of the woodwork and claim that the alleged owners never had the authority to sell the property to Las Palomas, your condo will be tied up in the Mexican courts for years and years –as evidenced by what has happened in North Beach and is happening in Baja. As long as the legal situation in North Beach remains unresolved, your real estate investment value will go down dramatically. Ask yourself why you’re getting such a great deal today. The litigation involving North Beach is in its third year and is affecting not only Las Palomas but ALL of Puerto Penasco. Whatever legal protection you think you might have using Mexican lawyers, banks, real estate agents, notarios, courts, etc., it’s a delusion! They are all controlled by a corrupt Sonora government, who will NEVER protect you (an American) or your investment. Just ask North Beach investors who have begged and pleaded with the Mexican government for help — to no avail. (And by the way, don’t count on any US agencies to help you either). Finally, carefully re-read post #16 (SORRY INVESTOR) in this blog; then as quickly as possible, get your money back! A bad real estate investment in the US is far better than a good real estate investment in Mexico.
Sonalva
Things are so bad in Sonora real Estate that I have put up our land for sale. Remeber run as fast as you can! There are NO laws that will protect your investment when you need it!
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&rd=1&item=190242408455&ssPageName=STRK:MESE:IT&ih=009
Pedro
Sonalva,
This web site was designed and continues to inform the public about the risks of investing in Mexican Real Estate. These are real life experiences of actual investors that have been bilked out of hundreds of millions of dollars in real estate investments throughout Mexico. Do you actually think you can afford to pay $850.00 a month in HOA fees plus up to $500.00 a year for renewal of your Bank Trusts, plus taxes, plus utilities? Don’t fool yourself —in fact, good luck getting your deposit back!!
Why don’t you check and see how many people you can find who are in the same position as you and asking for their deposit back from Las Palomas. PLEASE do not end up being another person who will be sorry they invested in Mexico!! Do not give Mexico another dime —- Keep your money in the U.S.
Thank you for this site and input.
I am amazed what has happened to this little paradise south of Phoenix.
Having camped, partied and gone up competition hill many times. Loved clamming and the impromptu shrimp barbecues. The many “cervezas” and late night romps at this getaway. What has happened is greed has taken over all reason.
First lets talk about the property/land:
This is a delta for the Colorado river and as such is always in a state of flux. What is beach today will not be a beach tomorrow unless hundreds of thousand are spent to divert the natural movement of dunes and water. No such thing as beach front property, as by definition it is temporary state of things.
Case in point:
The high tide on full moons would reach about 100 feet from the steps of the Mayan Palace. Remember that the magnificence of the point in the world is the 23 foot tides. Not waves but tides!!!!
How many cars did we rescue on Sandy beach? (Back in the day) Those ignorant fools that lost their cars are now losing their retirement accounts.
Today with the altering of the estuaries for purpose of a sale and construction; the tide at that end is out to about 4,000 feet. This in 5 years of mans destruction. I foresee sands from Las conchas being taken by the surf and deposited in front of the Mayan Palace. In 10 years the Mayan will be a miles from the Beach. In time you will be able to walk from the point of the Mayan palace to the other end 20 miles away.
Right now many are spending $40,000 to build walls so their homes do not get taken by the tides at Las Conchas. Look at the satellite pictures from 20 years ago and today and you will see the land shifting.
On the north side, (Laguna Shores, Ack, and Now Laguna Beach) these are not at a beach front but what is called Mud flats. Why on earth would anyone spend 300,000 for a lot unless they where willing to spend 600,000 more for the home. And to built it on dunes and Mud flats???? Ever wonder why you see so many shells? This is a where they bread in a mud flat. It is so cool to float on sandy beach and notice that you are about 8 inches higher than you would be in a pool. (sweet water) Salt is destructive to everything it touches. Only mammals are well adapted to this salinity. Dolphins and sea lions or very small scaled fish. You will not find large scaled fish but skinned fish. (BTW, they sell these as flounder but are really tiger fish)
This not the ocean but a highly salt saturated point that will not harbor many fish. Ever wonder why it is shrimp? And that even now is destroyed. The residents used to be able to live of the shrimp biz. Not anymore. Now you have to find a way to cater to the “Gringo Fools”. Everything now is priced in dollars.
But back to real estate:
Second: True Cost!!! of a home or Condo.
It is not the purchase price but acquisition cost that need to be factored by the investor. Why do you think it is ALL for sale? It is the seller that makes out regardless of the price. What the buyers is buying is a “moment in time” at a huge cost to their heirs and retirement savings.
Some one here posted it well, make sure you include maintenance, HOA (ever rising as sales lag), electricity, utility fees, and Trust fees, and professional fees. And then in five years do it all over again due to the salinity.
Take for example an 800 HOA and 500 trust yearly trust fee. That already has added 120,000 to your purchase price. Think of the the assessing of repairs which will happen with in 10 years. I guarantee you will have to replace the elevators since salt air destroys and corrodes all it is in contact with. I foresee many condos selling for a stipend as the maintenance and accumulated assessed fees will place many project in disrepair.
I pain to see P.Penasco full of crumbling steel vs the beautiful shifting sand and sand dunes that made it a paradise. What is becoming is a place of pain and it will be seen in every face of residents. The happy faces carefree are slowly being transformed into anger and feeling of being hooked or coned.
The Bubble has burst and my recent trip to do due diligence for a group of investors brought tears to my eyes. The bottom has dropped but reality has not hit as sellers are asking for Miami beach prices for land at the colorado river delta. Estuaries and Dunes. No real infrastructure, NO AIRPORT, no water, and Electricty that is loaded and failing as it is. Vacancy are 60-80% and only full on “Semana Santa or Spring Break” Not condusive for real growth.
I will report more on later posts.
OFF TOPIC: Saw a video of Tulum, MX. In My opinion the most beautiful beach on Earth. I have not made it back but the video reminded me what a beach is. It is a moment in time and ever changing.
I have seen many beaches disappear and become sand. Tulum is shocking . I still remember it as it was not as it is.
Rocky Point has massive tides and on dunes so expect changes.
The Mayan Palace will be miles from the beach in 2018. I saw posted signs that it is illegal to take sea shells from the beach shows their ignorance. Management sees changes but does not realize what it is.
Reality is sand is being deposited on top of the shells and all you see is sand, dunes, management thinks tourists are “stealing” them. Ten years ago you could find 10,000 of 6 inch “dollars” on 100 foot strips. Today they are probably 100 feet deep. The shells are fossils and do not move but get buried.
Dollars are skeleton dead starfish, this area is a depository of whales, (whale bones) and billions of shells.
http://www.youtube.com/watch?v=QEJ8C2qw5FM
Shocking video of the beach for the Mayan Royalty, Tulum Mexico.
At this writing, El Dorado Estates or The Terraces is stagnating very nicely.
Every now and then they sneak in and work on their septic system, which by the way, the City of Penasco oredered them to stop 3 months ago. They say in a newsletter to some of the Playa Dorada residents who complained about the legality of the septic system, “that it is a holding system and will pumped to the North Beach Sewage treatment facility”. If anyone who reads this knows where this imaginary Sewage Facility is please post the location on this blog. The truth is, it doesn’t exist. Only in the minds of the chosen few.
UPDATE on Grijalva vs. North Beach!
Most know that the attempt by some to have the trial moved to Tijuana
has failed. A federal Judge ruled that the company was formed in the State of Sonora, the geographical location of the property is in the State of Sonora so there is no legal basis for moving the trial to Tijuana, it will be in PTO. Penasco. North Beach and the developers have not won one segment of this case in 3 years. What does that tell you? The primary players have fled to Spain with the cash and will never return to the U.S. or Mexico for the trial.
In the meantime anybody who purchased or thought they purchased property from the “Playa Dorada Investment company”, Barlovento Estates S. De R.L. or El Dorado Estates, you need to read your contract carefully. These people had no legal rights to the property until December 19th, 2006. That is when they acquired rights to the property as the 2ND Beneificiary of a Trust held at Scotia Bank. Interesting fact, The Grijalvas filed their lawsuit in 2005. Some of these companies do not legally exist.
These professional Developers cannot issue you a title or Bank trust to legalize your property! Reguardless of what they tell you, it is not due to confusion on the part of the City of Penasco or the State of Sonora. It is due to the fact that the Federal Court has placed a lien on the property, preventing the city and the state from issuing any licenses, permits or subdivision plans or allowing any changes to be made to this property. Many attempts have been made to get this lien removed but to no avail. The lien is here to stay.
WE ARE HEARING THAT THE CONDO PROJECT LA PERLA HAS FAILED AND A NUMBER OF FOLKS WHO PAID LARGE DEPOSITS FOR UNITS THAT SHOULD HAVE BEEN COMPLETED A YEAR AGO HAVE LOST THEIR MONEY. IS THIS CORRECT?
For all of you potential investors of Sonora real estate; you have been warned (informed). If you are still contemplating investing in Sonora Mexico then you have only yourself to blame. The Sonoran Government will not protect you, the American Government will not protect you and for our neighbors north of us, the Canadian Government will not protect you. NOBODY will protect you and if you try to protect yourself, you will more than likely be the one punished and invited to stay in one of the five star Mexican prisons.
the fight continues~!
Pedro
Like it or not, here it is!
We are having a good time venting about ourselves making BAD decisions. The truth of the matter is: that without us making bad decisions none of this would be happening. IF INTERNATIONAL BUYER’S would do business like we know how to do it, then it would stop the casino endeavor of these developers to do business like they have been doing business. We are allowing them to get away with it, and so is the Mexican Federal Government and the Sonorqan State Government. This is very simple!
1. Put a small refundable deposit in an imaginary development, on the house or condo of your choice.
2. When the developer has finished the complex or unit that you have a deposit on, and he can deliver to you a llegal ownership document, he then gets the money for the unit. Not up front, but after the unit is finished!
3. You need to make sure that these developments are approved by the State of Sonora, before you put any money down on them. NO PRIVATE CONTRACTS. IF YOU ENTER INTO THIS TYPE OF AGREEMENT YOU ARE ASKING FOR TROUBLE AND GIVING THE OTHER PARTY NOTHING LESS THAN A LICENSE TO STEAL YOUR MONEY!
4. Without us they are out of business, so let it be us that are the ones calling the shots! No Title, No dinero. Comprende?
There are many, not all, but mostly all of the developers of the various projects who don’t have much money invested in the developments that they are trying to do. They are cheating the City, the State and the buying public by short cutting the SUBDIVISION LAWS of the State of Sonora. (This is where then State of Sonora is at fault, by not enforcing laws that already exist.) If the developers were forced to follow the protocal that exists, they could not do it without investing their own money in the project and the project would be a lot less likely to fail if this were the case.
So, let’s get SMART and not buy anything until it is finished, they have permits and licenses from the State of Sonora and it is a varifiable approved project. This will stop the CRAP people. If they are scam artists they will not spend the amount of money that it takes to get that far along into the project to be able to finally get a license to sell. Don’t listen to the hype of the prices are going to go up and that there are only a few units left and now is the time to buy. It’s B.S. There are so many units for sale in Pto Penasco, they can’t give them away. they are hurting for business. Let’s not do business their way anymore. Do business the way you know how! When something you want to buy is finished and you can have an ownership document delivered to you when you pay for it, it is probably a good deal. When they want 60%-70% of the money upfront and the complex is not even under construction, it is most likely as we all know by now, NOT A GOOD DEAL.
Scoop
How do you explain what is happening to the investors of Sonoran real esate that have CLEAN LEGAL TITLE and get ZERO relief from the judicial system??? In America we have judicial recourse. Sure fraud exists in Amercia, but not systematic fraud such as the case on display in Rocky Point and El Golfo. We must assume our share of the fault becasue I don’t believe any of us had a gun pointed at our heads as we signed the purchase agreements.
Look beyond what the investor must do. Look at what Mexico is NOT doing; enforcing their own laws! It doesn’t matter how much homework or due diligence the American investor excercises prior to, during and after a purchase, when the system is “broken, inept, inefficient, corrupt” or whatever term one wishes to use to describe this phenomena, the fact remains you are on your own when it comes to trying to obtain “justice” in Sonora, Mexico. After everything that has been posted on this site, my site and the boycott Baja site the only thing can be said is that one has to be brave to invest in Mexico! Have you heard of being doomed the minute your eye catches that glimmering wave on the Mexican sunset?
the fight continues
Pedro
I believe legal accountability seems to be elusive in Sonora.
Pedro,
You know the answer to that as well as anyone. Corruption and payoff’s are the answer to that. In the State of sonora, It’s the rule rather than the exception. This happens in the U.S. as well but we don’t want to admit it. The laws exist in Mexico, the problem is you have to pay to get the law enforced or some else pays to not have the law enforced. If no one pays, nothing happens, the problem just simply does not exist!
What i was trying to say is that by doing business in the correct manner we will take away money from the State of Sonora, which eventually will cause them to enforce their own laws, or go without the Money. It’s a relatively save bet that the legit developers will put up their own money to get these projects to the point where they can apply for a license to sell. The scam artists will not because they want to use everyone else’s money to get rich quick without any investment of their own. Thanks for your response as this is what this website is all about. Debate and education for all those who have invested and those that are considering investing in Mexico. I will agree with you that at this point in time, given the Sonoran Government’s actions or lack of responsible action,it is most likely not a good time to invest in Mexico.
Scoop,
Touché!
pedro
Greg P, regarding your 9/21 comment about La Perla, yes that is true. My contract required that the project be finished by the end of January 2009 and EXPLICITLY STATED that all monies were to be refunded if the project was not completed.
I sent them a registered letter demanding my deposit, since the contract would clearly be violated and not be done by this time. Their response was a BS letter that essentially stated that “poor economic conditions” constituted an unforeseen circumstance, and Mexican Law allowed them to ignore the completion/refund date in the contract.
THE “DEVELOPERS” OF THE LA PERLA PROJECT (AKA PATRICK CLIFTON / CLIFTON MERIDIAN COMPANIES IN SCOTTSDALE, AZ) HAVE NO INTENTION OF RETURNING A DIME OF ANY INVESTOR’S HARD-EARNED MONEY. DO NOT DO ANY BUSINESS WITH THESE PEOPLE IN THE U.S. OR MEXICO, OR ANYWHERE ELSE. YOU CAN SEE THEIR COMPANY INFORMATION ON http://WWW.CLIFTONMERIDIAN.COM. PASS THE WORD, DO NOT DO BUSINESS, PROTEST – DO WHATEVER YOU CAN.
I would like to take this opportunity to share the good news that has come out of the Criminal Courthouse of San Luis Rio Colorado, Sonora Mexico. Many of you have been following our case dealing with our property in El Golfo de Santa Clara, Sonora. It was stolen, and now, has been returned (well only about 75% of the parcel) because the justice finally showed its head!!!
We are waiting for the opposition previously known as the criminals, to decide if they are going to appeal the judge’s decision to return our land to us. I have not posted the ruling on my blog, because the “opposition” lawyer has not been officially served with the ruling.
It has been an extremely long and difficult endeavor trying to recoup our land. Not only has it (the fight) decimated my life savings and taken me away from my kids it almost cost me my sanity!
It is almost over. We have a new hearing at the Agrarian court on Dec 4, we had previously won there. We are also waiting for the ruling on the guilt or innocence of the criminals and the jail time if any; and I almost forgot, how much of the $250K+ I have spent trying to get our land back from these hoodlums!
I share this information with you today, not as a bragging point for our personal gain but as a triumph for the justice system and rule of law in the State of Sonora Mexico.
I know many of you are still embattled with the Sonora legal system; it is my sincere wishes to offer you HOPE and moral support, as you too seek justice in Sonora Mexico!
The fight continues!
Pedro
Hi, im lookgin for someone who had bought a propierty on rocky point, specially in sandy beach or near, for investment but now is traying to sale it… im a journalist and im working a story about how the prices went down this year.
Please write to sandraromandia@gmail.com, thank you.
I just recently found this website and for the first time in many years, I don’t feel alone in my anger and frustration. I, too, was one of the early investors in Las Gardenias. I fought for a few years on my own but after attorney fees and getting nowhere, I eventually gave up. The whole deal left a bad taste in my mouth for Rocky Point, so I moved onto places a little further south. My fiance and I now vacation in Mazatlan which is an easy two day drive south. But I never gave up my dream of owning in Mexico. You would think I would have learned my lesson in Rocky Point, but no . . . the dream was too vivid and the sales people too good. We bought a fractional ownership on a house in Mazatlan, and two years later, no deed, no title . . .it’s pretty much like North Beach all over again, except in this case, the houses did get built. When we were down there last month trying to resolve the ownership papers, they played the same game that the officials from Sonoran did for North Beach. In other words, we were offered a credit towards the purchase of a new (still under contruction) project that was a whole lot more money. So it’s like a memo went out to everyone in Mexico dealing with selling real estate to Americans: THOSE AMERICANS ARE SO STUPID – WE FRAUDED THEM ONCE, SO LET’S FRAUD THEM AGAIN AND MAKE EVEN MORE MONEY! My words to anyone and everyone who is even the most remotely thinking of buying in Mexico – DON’T EVEN CONSIDER BUYING ANYWHERE IN THAT COUNTRY UNLESS YOU PLAN ON JUST THROWING YOUR MONEY AWAY!
Hi all!
As a fresh rockypointexposed.com user i only wanted to say hi to everyone else who uses this forum B-)
Excellent web pages Successes and prosperity to you!
Ivermo,
Thank you for sharing your experience with others so they don’t get “ripped off” like you and hundreds of others who have tried to invest in Mexican real estate.
Did you know the Sonoran government officials are no longer responding to emails and the Arizona Department of Real Estate has not heard from them in weeks?
In my opinion, Mexico could care less how many Americans have been frauded. After all, the US government keeps supporting them by allowing businesses to relocate to Mexico. Puerto Penasco is in the free zone and American should be protected under the NAFTA Trade Agreement —- try to find just one government official that cares or will help!
Arizona governor Napolitano wined and dined with Sonoran government officials and now she will more than likely be the new head of Homeland Security. Isn’t that a comforting feeling?
Chris
Reality Hits Rocky Point!
As predicted by the “real” people with “real” life experiences who have told their stories on this web site, “Reality Has Hit Rocky Point”
If you think times are tough in the US, try surviving in a place where the drug cartels are bigger and more powerful than law enforcement or the military!
It is not safe to be in many areas of northern Mexico. Mexican government planes constantly patrol the beaches on the Sea of Cortez in an effort to stop drug traffic; however, they are loosing the battle and are looking to the US for help.
Should Americans help Mexico when Mexico is not willing to help the Americans who have lost millions of dollars in real estate ventures in Mexico? Of course not.
Rocky Point has now lost approx 1/3 of its population because construction workers have moved south to seek employment. All major construction projects except (1) have shut down. The real esate community who used deceptive measures to lure American investors to “Margaritaville” have left Rocky Point to find work in the US. Many have limited education and will struggle to survive in hard times. In my opinion, the realors in Penasco and The Rocky Point Times contributed to the real esate demise because of greed and unwillingness to print the truth. It could be years before the real estate reaches a level it once experienced.The many re-sales offer great buys but take a look beyond the initial investment.
It takes big money to maintain the large developments. Association fees keep rising in order for the developments to survive but some investors are not willing to pay the increased fees (or can’t afford the fees). Insurance costs, bank trust fees and utilites go on forever.
One development in Playa Encanto was asked to pay over $17,000.00 (US) per homeownerr to connect to permanent electrical power! (Another Mexican “Good Deal”)
Before you get lured to Mexico, read the blogs on this site and realize how lucky you are that you have been warned by people that weren’t so fortunate.
In a country where the wealthy become richer, the poor struggle to survive, and corruption runs rampid at the local, state and federal levels—- remember it is Mexico and will never change!
When you think of investments, please invest in the United States. Buy from US companies and vacation in the US. The dollars you spend will stay in the US and may save your job and livelyhood.
Do NOT invest in Mexico, you will lose your money and neither the US or Mexican Governments will step in to help!
It is apparent that Rocky Point is rapidly turning back into the “tiny little fishing village” it once was.
Patti
Report
On Friday, October 31, I called Muriel Clouse to ask her to please submit a $500.00 clean-up deposit for the perimeter wall that she was building in Section 3 – Lot 380. In our phone discussion, she said she didn’t feel it was necessary to pay the deposit. I explained to her it is the policy of the HOA and is required. She told me she hired her management company, Oceano, to build the wall and as far as she was concerned, it was their responsibility.
I went to the job site and spoke with the person in charge and explained the requirement of paying the clean-up deposit, he also said he would not pay it. At this point, I contacted the HOA’s District Director, Jane Bowen, and asked her to come to the job site to help resolve this issue. At the job site, Jane Bowen explained the policy. The workers refused to cooperate, and she shut the job site down and sent the workers off. She said she would contact Chuck Salem, who is our HOA Vice President and owner of Oceano, and ask him to resolve this issue.
Later that afternoon, I drove by the job site and the workers were back working. They said they were instructed by Oceano to go back to work. I went to the HOA office and told Arturo, the HOA Manager, the situation and we drove back to the job site. When we arrived, the Oceano supervisors were there. Arturo explained to them that our policy must be followed or we would be forced to call the police. They said that Chuck Salem told them that our CC&RS are invalid and unenforceable and they were to continue working unless the police told them to stop. Arturo called Chuck Salem on his cell phone and asked him to resolve this situation, he refused. Arturo told Chuck Salem that Wayne Speed was here, would you like to talk with him? He refused. Jane Bowen drove up and said she talked to Chuck Salem and he told her that our CC&RS are unenforceable. So, we called Jean Steward and asked what she would like us to do. She said to call the police.
The police arrived and Arturo explained the HOA policy. The Oceano supervisors told the police that our CC&RS are not legal and that they’re not required to follow the rules. The police asked them if they had a permit from the city to build the wall. They didn’t, so the police said they had to stop construction until they had one. This was 4:00 PM. Oceano’s supervisors said they would drive to the city right now and get one. The city stops doing business at 3:00 PM.
Saturday morning, I received a phone call from Jane Bowen, she told me that the job site was working again. I went to the job site and I asked to see the city permit. They said they didn’t have it with them, that it was at Oceano’s office. I drove to Oceano’s office and asked the office manager to show me the city permit. They said they didn’t have a physical copy but were given verbal permission to continue working and the permit would be issued on Monday morning. I knew this was not true because the city will not issue a permit unless Las Conchas approves it first. I tried to contact Arturo but he had gone home sick. I contacted Jane Bowen and Jean Steward for further instruction; they both told me to call the police.
While waiting for the police, Oceano’s managers arrived, I told them that this whole issue could be resolved very easily, all they had to do was follow the HOA policy and put up a $500.00 deposit. They said they couldn’t do it without Chuck Salem’s approval. When the police arrived, he told us all to come to the police station to resolve this issue.
When we arrived, we were ushered into the judge’s chambers. Representing the HOA was my wife and I, and Catalina, our architectural assistant. Catalina did an excellent job interpreting for us. Also present was the city inspector, 2 Oceano managers and the construction supervisor. I spoke first, explaining our HOA’s position and our policies, and that our CC&RS are approved both by the Governor of Sonora and the City of Puerto Penasco. Next the city inspector said that Friday when Oceano’s manager asked for a permit to build the wall they were told that the city will not issue a permit until Las Conchas approves it first, and they were told by the city to go back on Monday and get approval first from Las Conchas.
The Judge then reprimanded both Oceano and the contractor for trying to build the wall without proper approval. The Judge said that Las Conchas has very strict CC&RS and they are legally binding. They were told to stop construction until they had the proper approvals.
Chuck Salem serves as a Vice President of the Las Conchas Homeowners Association yet openly defies our CC&RS and encourages others to follow his lead. His behavior is inappropriate for an officer of our association. If the officers of our Board of Directors behave like this, what message does it send to the homeowners who are held accountable.
I have been wating 3 months on statements from my rental company that has yet to shown up. I am affraid Rocky Point Reservations is going bankrupt.
Today I heard from my HOA board that the owner was in the meeting crying with crocidial tears about how she has gone broke and can’t pay the owner’s their money she owes them.
Betty Majors has always been rude and mean to me and my family, so I say good riddens. When I tried to rent it myself for a long term she forced me into paying her a commission yet refused to collect the money or do any of the processing.
I know she will blacklist me when she figures out who from what I am writting but I am so angry right now I don’t even care.
Everyone seems to be accounting for their horror stories in investing here in RP. I have a story too, but it is a very successful one. When we purchased our beach front property in Playa Dorada, everything went fine. But it went well because, we as investors researched everything we needed to know and surrounded ourselves with one of the very few extremely knowledgeable realtors and part time resident there. He was able to walk us through the entire process, and advised 100% of the way, never to provide cash on any investment, which we didn’t. So, although I feel bad for those who have lost lots of cash, even in the US, you wouldn’t buy property with cash without having the title in hand would you? So, why people did business deals with cash, in advance of a project being done, is beyond me. We have now owned our home on the beach for a couple years now, with no issues whatsoever. So the moral of the story would be, don’t deal with cash with an investment of any kind until you have the appropriate documents in hand.
I looking for some feedback from any investor with Riveria Real on North Beach~ what is the status of development? What is the developer telling you? Are there a group of investors that are talking? anytimeline present?
Thanks so much!
Sammy —
If you think your purchase in Playa Dorada is so wonderful, maybe you should talk with some of your neighbors who have owned for over 20 years and now have fraudulent Bank Trusts. These people did their due diligence and thought for 20 years their property was secure. I would like to know the name of your wonderful real estate agent — is he the one who caused the problems for other owners in Dorado? The crime and corruption that is so prevelant in Rocky Point & Mexico will “get you” in time. By the way, what is your pile of sand in Playa Dorado worth today?
To Leslie-
A little irritated are you? A little miffed at yourself because someone’s Mexico deal worked out? Why would talking to people who have owned their lots/homes in Playa Dorado be anything I need to do? We do have friends who bought their lot 12 years ago, guess what, everything is fine with them too, they own it, and enjoy their home every month. Again, my purchase is wonderful because I used common sense, and didn’t throw cash at a developer before I saw my title. I can assure you my real estate agent IS NOT the one who caused issues for others. He is the realtor people know about and use due to his integrity and reputation. As for what my pile of sand is worth, there are empty lots in Playa Dorado up for sale for 699k right now. We made a killing. We will never be able to buy beachfront for what we bought ours for, we are sitting on a Gold mine. Our lot has more then tripled, and we have one of the nicest homes on the beach now. Crime and Corruption is only “prevelent” if you don’t do your due diligence. Leslie, Sounds like it is time for you to take responsibility for your own actions rather then blaming others, like realtors or corruption. -Buyer Beware.
Anyone who ‘did their due diligence’ in Playa Dorado up to 20 years ago would have known that trusts were not available at that time but ‘bought’ anyway by way of a bill of sale or lease agreement in hopes of aquiring a trust at a later date. At least one sector in Playa Dorado did receive trusts in spite of what you have heard and is much farther ahead than they were when they first got involved. Consequently they are in better shape than in other sectors in Playa Dorado and other stalled developments around Puerto Penasco.
Sammy,
I don’t read the blog very often but i did and i don’t quite buy your scenerio. First, if you didn’t get a bank trust by the year 2005, you are making this story up! Second, after 2005 there were liens in place making it virtually impossible for the developers to issue a bank trust. Third, if your realtor is so honest and reliable, did he disclose to you that the property was in litigation, had liens accessed to it and title insurance could not be purchased on the property? The developer has Title insurance thru Stewart Title, this is true. There are 13 exceptions on that policy! No bank will lend money on a property that has even just one exception in the title policy. So, are you financing the property thru a Bank?
My guess is that you have nothing more than a private contract with the developer. That the developer is carrying the note with a promise to convert the contract to a bank trust, when and if he is able to do so. I am also curious about a bank lending money on a property that has no infrastructure or utilities to it. If you really do have a home in Playa Dorada. I hope you are enjoying the benefits of the $15,000.00 you paid for infrastructure. There is none! No sewer treatment facility, no water treatment facility, no electricity and no streets paved with Gold. You got all this from a realtor you trust? You story sounds like a BIG FRESH PILE of BULL. One other thing. Can you go into Scotia Bank and pay your Trust maintenence fee’s yourself? Do they have a record of your Trust and your subdivded lot number? Or do you pay your trust maintenece fee to the treasurer of the developer’s HOA and that person makes the payment for you? Now that sure is a convienece! NOT.
Sammy
The right answer is to use due diligence when investing in Sonora, Mexico? You must laugh at your own jokes as well!
There is ABSOLUTELY NO AMOUNT of due diligence that can be exercised in Sonora Mexico that will protect you from incompetence, fraud and corruption! You might not have have gotten the flu yet (legal, real estate or title problems), but you will; and when that day comes you regret ridiculing all these people that come to share their stories on this blog.
Read this article; our friend Vucovich emerges again! (You might remember him from the meetings in Phoenix and the offer made to the people that got screwed in Rocky Point. There is more to this story than what was written. Big news will come out of El Golfo soon!
http://www.azcentral.com/arizonarepublic/news/articles/2009/04/09/20090409elgolfo.html
the fight continues
Pedro
I am extremely impressed with the valuble information this web site provides. Had I had this information in 2000, I certainly would not have invested any money in Mexico. After 9 years I have no title, no infrastructure or any hope of resolving these issues —-and yes, Sammy I did hire the services of an international legal firm to oversee my original purchase contract.(of course you are probably more versed on Mexican real estate than they would be) Does Sammy actually know that the very property she talks about was owned by the same individuals that have been in court battles regarding NorthBeach for 9 years? The blog by the “Playa Dorado Resident” is indicative of people that have much more knowledge of the situation than Sammy ever will. Sammy, do you actually believe that with property values plummeting in the United States, your property value is increasing in Mexico? Or did you mean that your property is now worth 699 pesos? Dream on
Oh my gosh, you people responding to my comments are so incredibly under-educated, negative and just plain wrong. I have a title in my HAND! I own the land, the house, everything! Playa Dorada beach IS NOT UNDER ANY LITIGATION! I did not, or never have had any “deal” with a developer. The builder we hired, who came highly recommended as many people use him, simply built my house on my land, and off he goes as we owe him nothing at this point, nor will we have any ties to him down the road. North Beach is the area with existing litigation, not Playa Dorada…do your homework. As for infrastructure, again, you people are highly misguided as yes, we do have infrastructure. We have roads, security, complete independent solar (for those of you that don’t know anything about solar, that means you can be totally independent and don’t need “utilities”). I am thinking the readers here don’t understand how solar works. We also have our own septic system, so again, why do we need “services” from the city? Please advise me because we need nothing from the city, we are totally self sufficient. Also, with the Mayan Palace plans, the properties are going to sky rocket with their nearby marina, air port and future plans. For those of you that just talk about Playa Dorada and haven’t been there lately, you can obviously see the building as it has increased very recently.
As for property values in the US, again, do your homework, higher end properties are holding their value, we know, we have one and just got appraised for over 1 million, 3 times what we paid for it.
As for the fee of 15k for infrastructure, that is purely an optional fee one can pay in the future to have utilities come to your property. We don’t need this, and we never paid it. Again, do your homework. I am part of the HOA and am much more knoweldeable about ALL of the topics that the so-called “investors” in this blog have written about. To be an investor, you should have basic understanding of HOW to invest. That includes doing your homework, meeting the right people and ensuring you know the laws of the area you are buying in. Sounds like the negative posts on this blog had none of this, they just threw the dice and hoped it all worked. I guess that is why I owe 8 homes in the US, and a beach front home in Rocky Point and they don’t.
All of my RP neighbors, YES ALL, are completely satisfied with their purchases, recent and a while ago, I know no one who lost their house, was de-frauded or any other form of corruption. They all own titles, own the land, the house etc. So, I think it is just sour grapes on the part of a few investors that would like to call themselves investors, but fail miserably at that job.
And to clarify again, we bought the land directly FROM THE OWNER! We know this individual very well, we did not buy through a developer, or any of that mess that most of you people fell into. We went straight to the source, made a sound decision, have title in hand-there are no liens. Need I say more!
LA PERLA DEL MAR – Please email me by April 30th if you are, or know of any investors in the La Perla del Mar project. dbays@cox.net.
Thanks
David
I would like to hear from those who had Mexican employees like the housekeeper (her name isn’t Maria, is it?) who tried to take the property. Our caretaker of 20+ years, Francisco Hernandez Mandjuano, along with his employees and so-called “family”, has taken over our house in Las Conchas last month, claiming ownership. He was our employee for all that time, nothing more.
We have a trust, but the police threw us out of our house last month instead of him. He had “papers” but not one of the police or judiciary or the neighborhood Norte Americanos that reviewed them have the legal knowledge to interpret them properly. The police even refused to look at our trust. Was Francisco right all these years when he told us he “owns” the police in Penasco and has many friends like the current Mayor in high places that will be on his side no matter what? What’s even sadder is that some of our Norte Americano neighbors have been assisting him in his attempts to steal our property. Some have signed false documents, and one simply pretend to be our friend while he “counseled” us to wait…we waited too long to head this part off, which was apparently the plan all along. Well, we are getting a better picture of the players now.
Francisco has all sorts of stories, depending on who his audience is at the time. Sometimes, the poor man has no family, no support system, then he can qualify for donations from the Larry Large Foundation for his kidney replacement (see the Larry Large Foundation website for his sob story, you will also see how we used to believe in him…we have asked the Foundation to remove our statement; they refuse}. Consider this writing our emphatic statement that we are no longer affiliated in any manner with Sr. Hernandez since he has shown his true intentions and character); then the next person he talks to, he is a “family” man who is just trying to take care of his children. So many personalities for so many situations…must get tiring.
Then for the unassuming older women who are his main prey, he tells them sad stories about what a great man he is because he takes care of people abandoned by their own children.
If this man or anyone he is associated with ever says to you “Don’t worry, mister, I’ll take care of it”, you can be certain that he will take care of it… for his benefit. Our mother thought she could trust him for 20 years and now it is evident he has spent that time plotting and manipulating our family for his benefit.
First off you can’t own TITLE to land for x amount of miles off the beach. So, you must have a bank trust I take it? Your land and house would be in the bank trust. Like through HSBC or others.
Comment only to clarify.
Unless maybe you are a Mexican National?
THE TRUTH ABOUT NORTHBEACH IN ROCKY POINT:
OVER 10 YEARS AGO, THE MARTINS (SPANISH GROUP) AND THE GRIJALVAS (MEXICAN BROTHERS) FORMED A CORPORATION, WHICH IS NORTHBEACH AND PUT THE PROPERTIES INTO A TRUST WITH BANORTE BANK OF MEXICO. THE DEAL WAS THAT THE GRIJALVAS WOULD PUT UP THE LAND AND THE MARTINS WOULD PUT UP THE MONEY, TO BRING INFRASTRUCTURE INTO NORTHBEACH AND CREATE THE MASTERPLAN. AND BANORTE BANK WAS THERE TO SUPERVISE AND MAKE SURE EVERYBODY WAS HONEST, AS ADMINISTRATOR OF THE TRUST.
AS THEY PROGRESSED WITH THE MASTERPLAN, THEY SUFFERED A LAWSUIT BY A THIRD PARTY BY THE NAME OF OMAR SAENZ, WHO CLAIMED THAT THE PROPERTIES THAT WERE PUT UP BY THE GRIJALVAS WERE ALREADY CONTRACTED TO HIM AND WERE HIS PROPERTY. THIS DETAINED THE NORTHBEACH MASTERPLAN FOR 5 YEARS. THIS WAS THE FIRST LAWSUIT.
AFTER THIS LAWSUIT WAS WON BY THE NORTHBEACH CORPORATION AND GUARANTEED BY THE SUPREME COURT, THE MARTINS EXTRACTED ALL THE BEACHFRONT STRIP OF LAND OUT OF THE MASTER TRUST AND FORMED AN INMOBILIARIA OR REAL ESTATE COMPANY CALLED “LA RIVIERA”. THIS OPERATIONS WAS ALLOWED BY BANORTE BANK, WHO SUPERVISED AND ADMINISTERED THE TRUST AND THE NORTHBEACH CORPORATION BEGAN TO MARKET THE LAND TO DEVELOPERS.
THE MARTINS APPROACHED FIRST AMERICAN TITLE INSURANCE COMPANY. THIS INSURANCE COMPANY IS LOCATED IN THE UNITED STATES AND THE POLICY IS AN AMERICAN INSURANCE POLICY AND IT IS RUN BY AMERICAN BUSINESS PRINCIPLES AND ETHICS. THIS COMPANY DID THEIR OFFICIAL DUE DILIGENCE (OR CLAIMED THEY DID) AND AFTER EXTENSIVE INSPECTION, DONE BY ATTORNEYS SUCH AS RAUL O´FARILL OF OTP TRUST IN PUERTO PEÑASCO, GUARANTEED THE WHOLE NORTHBEACH MASTERPLAN UNDER A MASTER TITLE POLICY.
THEY GUARANTEED THAT THE LAND WAS CLEAN AND AVAILABLE FOR PURCHASE. NORTHBEACH ADVERTISED THIS EXTENSIVELY THROUGH THEIR SALES REPRESENTATIVES, SUCH AS COLDWELL BANKER OF PUERTO PEÑASCO, THE INTERNET AND OTHERS. THEY WERE SUCCESFULL IN ATTRACTING DEVELOPERS.
NORTHBEACH THEN SOLD THE LAND TO DEVELOPERS, SUCH AS PLAYA AZUL, RIVIERA REAL, PLAYA DORADA, GILA TOWERS, ETC. AND THE PROPERTY WAS GUARANTEED BY A MASTER TITLE POLICY FROM FIRST AMERICAN TITLE INSURANCE COMPANY.
BEFORE PURCHASING THE LAND, THESE DEVELOPERS APPROACHED FIRST AMERICAN AND REQUESTED A TITLE INSURANCE POLICY PRIOR TO PURCHASING, PROTECTING THEIR INVESTMENT JUST LIKE YOU WOULD DO IN THE UNITED STATES. FIRST AMERICAN DID THEIR DUE DILIGENCE AGAIN, AND CHARGED EACH DEVELOPERS THOUSANDS OF DOLLARS FOR EACH DUE DILIGENCE, WHICH ODDLY ENOUGH WERE DONE AGAIN BY FIRST AMERICAN´S ATTORNEY RAUL O´FARILL. THEY APPROVED AGAIN THE PROPERTIES AND SOLD SEVERAL TITLE POLICIES TO THE DEVELOPERS. THE DEVELOPERS, TRUSTING THE TITLE COMPANY, PURCHASED THE PROPERTIES FROM NORTHBEACH.
AS THE DEVELOPERS WERE DEVELOPING AND SELLING, THE MARTINS AND GRIJALVAS BECAME RIVALS AND SUED EACH OTHER. APPARENTLY, THE MARTINS EXTRACTED THE BEACHFRONT LAND OUT OF THE MASTER TRUST ADMINISTERED BY BANORTE BANK, WITHOUT THE AUTHORIZATION OF THE GRIJALVAS. THIS IS THE SECOND LAW SUIT.
THIS CONFLICT IS AN INTERNAL COMPANY CONFLICT BETWEEN PARTNERS AND THE DEVELOPERS ARE THIRD PARTY PURCHASERS IN GOOD FAITH, WHICH PURCHASED PROPERTIES FROM A CORPORATION AND FROM AN INMOBILIARIA. PROPERTIES THAT CAME OUT OF A MASTER TRUST ADMINISTERED AND SUPERVISED BY BANORTE BANK, ONE OF THE LARGEST BANKS IN MEXICO. AND THEY ARE GUARANTEED BY A UNITED STATES MASTER TITLE INSURANCE POLICY BY FIRST AMERICAN TITLE INSURANCE COMPANY AND SEVERAL MORE INDIVIDUAL INSURANCE POLICIES SOLD TO THEM BY FIRST AMERICAN, AFTER THE MASTER TITLE POLICY WAS IN PLACE. THE INSURANCE COMPANY ALSO PLANNED TO SELL IN THE FUTURE, HUNDREDS OF MORE INDIVIDUAL INSURANCE POLICIES TO CONDO BUYERS SUCH AS OURSELF.
WHEN THE LAWSUIT HIT AND THE PROPERTIES WERE TIED-UP IN THE LITIGATION, THE DEVELOPERS HAD TO STOP ALL CONSTRUCTION AND OPERATIONS. IN CONSEQUENCE, THIS AFFECTED US, THE CONDO BUYERS. WHO ALREADY HAVE GIVEN OUR DEPOSITS, WHICH WERE USED BY THE DEVELOPERS IN THE CONSTRUCTION.
NOW THE LEGAL CASE IS IN THE SONORA COURTS AND FIRST AMERICAN TITLE INSURANCE COMPANY IS RESPONSIBLE FOR THE PROPERTIES, BECAUSE THEY SOLD THE PROPERTY INSURANCE POLICIES TO THE DEVELOPERS. THE DEVELOPERS ARE TELLING US, THE CONDO BUYERS, THAT WHEN THE INSURANCE COMPANY PAYS THE POLICY, THEY WILL REFUND OUR MONEY TO US OR COME TO AN ARRANGEMENT.
THE INSURANCE COMPANY IS SUPERVISING AND ADMINISTRATING THIS LAWSUIT. THEY CONTROL THE PHASE OF THE LAWSUIT AND THE ATTORNEYS WHO ARE FIGHTING THIS LAWSUIT, YET I DO NOT SEE ANYBODY INVOLVING THEM. THEY ARE THE BACKBONE OF THIS LAWSUIT AND THE RESPONSIBLE PARTY. THEIR OFFICES ARE LOCATED HERE IN THE UNITED STATES AND IT IS A UNITED STATES INSURANCE POLICY. AND THEY ARE THE ONES THAT CAN SPEED OR DELAY THIS LEGAL CASE, ACCORDING TO WHAT IS BENEFICIAL TO THEM. WHY NOT START THERE?
THE LITIGATION IN NORTHBEACH HAS NOT EVEN BEGUN. THIS LITIGATION IS PROJECTED TO GO ON FOR 8 TO 10 YEARS MORE WITHOUT A SOLUTION.
FIRST AMERICAN INSURANCE COMPANY HAS NOT EVEN NOTIFIED OR SERVED THE MARTINS YET.
THE INSURANCE COMPANY IS NOT INTERESTED IN ENDING THIS LITIGATION QUICKLY, EVEN THOUGH IT IS IN THEIR CONTROL. THEY KNOW THAT IF THEY CAN COME TO AN ARRANGEMENT WITH THE GRIJALVAS, IT WILL MEAN THEY NEED TO PROVIDE THE FUNDS TO SETTLE, THEY WILL NEED TO CHIP-IN WITH THE DEVELOPERS TO SETTLE OR PAY THE INSURANCE POLICY OUTRIGHT , WHICH THEY GUARANTEED AND SOLD TO THE DEVELOPERS. AND THEY DO NOT WANT TO DO THAT. THEY PREFER TO JUST BABYSIT THIS LITIGATION WITH THE LEAST EXPENSES POSSIBLE TO THEM AND LET PEOPLE LIKE US SUFFER.
THE DEVELOPERS CANNOT DO ANYTHING ON THEIR OWN, BECAUSE THE INSURANCE COMPANY THREATENS TO CANCEL THEIR POLICY IF THEY INTERVENE IN THE LITIGATION. IT IS WRITTEN IN THEIR INSURANCE POLICY AND THEY HAVE BEEN WARNED BY FIRST AMERICAN INSURANCE COMPANY OFFICIALS.
THEREFORE, WE ARE ALL IN A BIND AND OUR MONEY IS BEING LOST BECAUSE OF A GREEDY INSURANCE COMPANY WHO DID NOT DO THEIR DUE DILIGENCE CORRECTLY, THINKING THEY WOULD SELL ALL THOSE INSURANCE POLICIES TO DEVELOPERS AND BUYERS AND MAKE ALL THAT MONEY. THEY WENT INTO BED WITH THE MARTINS FROM NORTHBEACH AND COUNTED ON, THAT WE AMERICANS WOULD TRUST AND BUY MUCH EASIER A PIECE OF PROPERTY, IF IT WAS BACKED-UP BY AN AMERICAN INSURANCE POLICY FROM AN AMERICAN INSURANCE COMPANY. THEY WERE IRRESPONSABLE IN NOT DOING THEIR DUE DILIGENCE, HIRING THE SAME ATTORNEY RAUL O´FARILL, WHOM WORKED FOR THE MARTINS AND IS A PARTNER IN GILA TOWERS, ONE OF THE AFFECTED DEVELOPMENTS. HE IS ALSO THE ATTORNEY THAT SCREWED UP THE LAND TITLES FOR THE FIRST GROUP OF BUYERS IN PLAYA DORADA, IN THE FIRST PHASE OF NORTHBEACH. AND IS CURRENTLY MANAGING THE PLAYA DORADA RESIDENTIAL AREA, WHICH HAS HAD SO MANY PROBLEMS AND ACCUSATIONS OF WRONG DOING. HOW CAN THIS PERSON BE INVOLVED IN ALL ASPECTS OF THESE DEALS WITHOUT A CONFLICT OF INTERESTED? WHAT IS HIS REAL INTEREST AND WHO DOES HE REALLY REPRESENT?
NOW, FIRST AMERICAN TITLE INSURANCE COMPANY IS OBSTRUCTING AN END TO THIS ENTIRE ORDEAL, BY NOT NEGOTIATING OR MOVING FORWARDS. HOW IS IT POSSIBLE THAT THEY CANNOT EVEN SERVE THE MAIN PARTY, THE MARTINS IN OVER 3 YEARS? THIS LITIGATION HAS NOT EVEN BEGUN YET.
THESE ARE THE PEOPLE FROM FIRST AMERICAN TITLE INSURANCE COMPANY THAT SOLD THE TITLE POLICIES AND ARE IN CHARGE OF THE ONGOING LITIGATION OF NORTHBEACH:
TURALU BRADY MURDOCK
PRESIDENT OF LATIN DIVISION:
E-MAIL: tmurdock@firstam.com
PHONE: (954) 839 – 2992
JOSE MAURICIO BELLO
INTERNATIONAL CLAIMS COUNSEL
E-MAIL: mabello@firstam.com
PHONE: (954) 839 – 2992
I THINK WE NEED TO GET TO THE FOUNDATION OF THE PROBLEM AND MORE IMPORTANTLY, TO THE PEOPLE WHO CONTROL THE LITIGATION AND CAN END IT, IF THEY DESIRED TO DO SO. AND FRANKLY, THE ONES RESPONSIBLE FOR PROVIDING THE MEANS OF ATTRACTION FOR PEOPLE TO BUY A PIECE OF PROPERTY THAT WAS NOT CLEAN.
THE TRUTH ABOUT NORTHBEACH IN ROCKY POINT
OVER 10 YEARS AGO, THE MARTINS (SPANISH GROUP) AND THE GRIJALVAS (MEXICAN BROTHERS) FORMED A CORPORATION, WHICH IS NORTHBEACH AND PUT THE PROPERTIES INTO A TRUST WITH BANORTE BANK OF MEXICO. THE DEAL WAS THAT THE GRIJALVAS WOULD PUT UP THE LAND AND THE MARTINS WOULD PUT UP THE MONEY, TO BRING INFRASTRUCTURE INTO NORTHBEACH AND CREATE THE MASTERPLAN. AND BANORTE BANK WAS THERE TO SUPERVISE AND MAKE SURE EVERYBODY WAS HONEST, AS ADMINISTRATOR OF THE TRUST.
AS THEY PROGRESSED WITH THE MASTERPLAN, THEY SUFFERED A LAWSUIT BY A THIRD PARTY BY THE NAME OF OMAR SAENZ, WHO CLAIMED THAT THE PROPERTIES THAT WERE PUT UP BY THE GRIJALVAS WERE ALREADY CONTRACTED TO HIM AND WERE HIS PROPERTY. THIS DETAINED THE NORTHBEACH MASTERPLAN FOR 5 YEARS. THIS WAS THE FIRST LAWSUIT.
AFTER THIS LAWSUIT WAS WON BY THE NORTHBEACH CORPORATION AND GUARANTEED BY THE SUPREME COURT, THE MARTINS EXTRACTED ALL THE BEACHFRONT STRIP OF LAND OUT OF THE MASTER TRUST AND FORMED AN INMOBILIARIA OR REAL ESTATE COMPANY CALLED “LA RIVIERA”. THIS OPERATIONS WAS ALLOWED BY BANORTE BANK, WHO SUPERVISED AND ADMINISTERED THE TRUST AND THE NORTHBEACH CORPORATION BEGAN TO MARKET THE LAND TO DEVELOPERS.
THE MARTINS APPROACHED FIRST AMERICAN TITLE INSURANCE COMPANY. THIS INSURANCE COMPANY IS LOCATED IN THE UNITED STATES AND THE POLICY IS AN AMERICAN INSURANCE POLICY AND IT IS RUN BY AMERICAN BUSINESS PRINCIPLES AND ETHICS. THIS COMPANY DID THEIR OFFICIAL DUE DILIGENCE (OR CLAIMED THEY DID) AND AFTER EXTENSIVE INSPECTION, DONE BY ATTORNEYS SUCH AS RAUL O´FARILL OF OTP TRUST IN PUERTO PEÑASCO, GUARANTEED THE WHOLE NORTHBEACH MASTERPLAN UNDER A MASTER TITLE POLICY.
THEY GUARANTEED THAT THE LAND WAS CLEAN AND AVAILABLE FOR PURCHASE. NORTHBEACH ADVERTISED THIS EXTENSIVELY THROUGH THEIR SALES REPRESENTATIVES, SUCH AS COLDWELL BANKER OF PUERTO PEÑASCO, THE INTERNET AND OTHERS. THEY WERE SUCCESFULL IN ATTRACTING DEVELOPERS.
NORTHBEACH THEN SOLD THE LAND TO DEVELOPERS, SUCH AS PLAYA AZUL, RIVIERA REAL, PLAYA DORADA, GILA TOWERS, ETC. AND THE PROPERTY WAS GUARANTEED BY A MASTER TITLE POLICY FROM FIRST AMERICAN TITLE INSURANCE COMPANY.
BEFORE PURCHASING THE LAND, THESE DEVELOPERS APPROACHED FIRST AMERICAN AND REQUESTED A TITLE INSURANCE POLICY PRIOR TO PURCHASING, PROTECTING THEIR INVESTMENT JUST LIKE YOU WOULD DO IN THE UNITED STATES. FIRST AMERICAN DID THEIR DUE DILIGENCE AGAIN, AND CHARGED EACH DEVELOPERS THOUSANDS OF DOLLARS FOR EACH DUE DILIGENCE, WHICH ODDLY ENOUGH WERE DONE AGAIN BY FIRST AMERICAN´S ATTORNEY RAUL O´FARILL. THEY APPROVED AGAIN THE PROPERTIES AND SOLD SEVERAL TITLE POLICIES TO THE DEVELOPERS. THE DEVELOPERS, TRUSTING THE TITLE COMPANY, PURCHASED THE PROPERTIES FROM NORTHBEACH.
AS THE DEVELOPERS WERE DEVELOPING AND SELLING, THE MARTINS AND GRIJALVAS BECAME RIVALS AND SUED EACH OTHER. APPARENTLY, THE MARTINS EXTRACTED THE BEACHFRONT LAND OUT OF THE MASTER TRUST ADMINISTERED BY BANORTE BANK, WITHOUT THE AUTHORIZATION OF THE GRIJALVAS. THIS IS THE SECOND LAWSUIT.
THIS CONFLICT IS AN INTERNAL COMPANY CONFLICT BETWEEN PARTNERS AND THE DEVELOPERS ARE THIRD PARTY PURCHASERS IN GOOD FAITH, WHICH PURCHASED PROPERTIES FROM A CORPORATION AND FROM AN INMOBILIARIA. PROPERTIES THAT CAME OUT OF A MASTER TRUST ADMINISTERED AND SUPERVISED BY BANORTE BANK, ONE OF THE LARGEST BANKS IN MEXICO. AND THEY ARE GUARANTEED BY A UNITED STATES MASTER TITLE INSURANCE POLICY BY FIRST AMERICAN TITLE INSURANCE COMPANY AND SEVERAL MORE INDIVIDUAL INSURANCE POLICIES SOLD TO THEM BY FIRST AMERICAN, AFTER THE MASTER TITLE POLICY WAS IN PLACE. THE INSURANCE COMPANY ALSO PLANNED TO SELL IN THE FUTURE, HUNDREDS OF MORE INDIVIDUAL INSURANCE POLICIES TO CONDO BUYERS SUCH AS OURSELF.
WHEN THE LAWSUIT HIT AND THE PROPERTIES WERE TIED-UP IN THE LITIGATION, THE DEVELOPERS HAD TO STOP ALL CONSTRUCTION AND OPERATIONS. IN CONSEQUENCE, THIS AFFECTED US, THE CONDO BUYERS. WHO ALREADY HAVE GIVEN OUR DEPOSITS, WHICH WERE USED BY THE DEVELOPERS IN THE CONSTRUCTION.
NOW THE LEGAL CASE IS IN THE SONORA COURTS AND FIRST AMERICAN TITLE INSURANCE COMPANY IS RESPONSIBLE FOR THE PROPERTIES, BECAUSE THEY SOLD THE PROPERTY INSURANCE POLICIES TO THE DEVELOPERS. THE DEVELOPERS ARE TELLING US, THE CONDO BUYERS, THAT WHEN THE INSURANCE COMPANY PAYS THE POLICY, THEY WILL REFUND OUR MONEY TO US OR COME TO AN ARRANGEMENT.
THE INSURANCE COMPANY IS SUPERVISING AND ADMINISTRATING THIS LAWSUIT. THEY CONTROL THE PHASE OF THE LAWSUIT AND THE ATTORNEYS WHO ARE FIGHTING THIS LAWSUIT, YET I DO NOT SEE ANYBODY INVOLVING THEM. THEY ARE THE BACKBONE OF THIS LAWSUIT AND THE RESPONSIBLE PARTY. THEIR OFFICES ARE LOCATED HERE IN THE UNITED STATES AND IT IS A UNITED STATES INSURANCE POLICY. AND THEY ARE THE ONES THAT CAN SPEED OR DELAY THIS LEGAL CASE, ACCORDING TO WHAT IS BENEFICIAL TO THEM. WHY NOT START THERE?
THE LITIGATION IN NORTHBEACH HAS NOT EVEN BEGUN. THIS LITIGATION IS PROJECTED TO GO ON FOR 8 TO 10 YEARS MORE WITHOUT A SOLUTION. FIRST AMERICAN INSURANCE COMPANY HAS NOT EVEN NOTIFIED OR SERVED THE MARTINS YET.
THE INSURANCE COMPANY IS NOT INTERESTED IN ENDING THIS LITIGATION QUICKLY, EVEN THOUGH IT IS IN THEIR CONTROL. THEY KNOW THAT IF THEY CAN COME TO AN ARRANGEMENT WITH THE GRIJALVAS, IT WILL MEAN THEY NEED TO PROVIDE THE FUNDS TO SETTLE, THEY WILL NEED TO CHIP-IN WITH THE DEVELOPERS TO SETTLE OR PAY THE INSURANCE POLICY OUTRIGHT , WHICH THEY GUARANTEED AND SOLD TO THE DEVELOPERS. AND THEY DO NOT WANT TO DO THAT. THEY PREFER TO JUST BABYSIT THIS LITIGATION WITH THE LEAST EXPENSES POSSIBLE TO THEM AND LET PEOPLE LIKE US SUFFER.
THE DEVELOPERS CANNOT DO ANYTHING ON THEIR OWN, BECAUSE THE INSURANCE COMPANY THREATENS TO CANCEL THEIR POLICY IF THEY INTERVENE IN THE LITIGATION. IT IS WRITTEN IN THEIR INSURANCE POLICY AND THEY HAVE BEEN WARNED BY FIRST AMERICAN INSURANCE COMPANY OFFICIALS.
THEREFORE, WE ARE ALL IN A BIND AND OUR MONEY IS BEING LOST BECAUSE OF A GREEDY INSURANCE COMPANY WHO DID NOT DO THEIR DUE DILIGENCE CORRECTLY, THINKING THEY WOULD SELL ALL THOSE INSURANCE POLICIES TO DEVELOPERS AND BUYERS AND MAKE ALL THAT MONEY.
THEY WENT INTO BED WITH THE MARTINS FROM NORTHBEACH AND COUNTED ON, THAT WE AMERICANS WOULD TRUST AND BUY MUCH EASIER A PIECE OF PROPERTY, IF IT WAS BACKED-UP BY AN AMERICAN INSURANCE POLICY FROM AN AMERICAN INSURANCE COMPANY.
THEY WERE IRRESPONSABLE IN NOT DOING THEIR DUE DILIGENCE, HIRING THE SAME ATTORNEY RAUL O´FARILL, WHOM WORKED FOR THE MARTINS AND IS A PARTNER IN GILA TOWERS, ONE OF THE AFFECTED DEVELOPMENTS. HE IS ALSO THE ATTORNEY THAT SCREWED UP THE LAND TITLES FOR THE FIRST GROUP OF BUYERS IN PLAYA DORADA, IN THE FIRST PHASE OF NORTHBEACH. AND IS CURRENTLY MANAGING THE PLAYA DORADA RESIDENTIAL AREA, WHICH HAS HAD SO MANY PROBLEMS AND ACCUSATIONS OF WRONG DOING. HOW CAN THIS PERSON BE INVOLVED IN ALL ASPECTS OF THESE DEALS WITHOUT A CONFLICT OF INTERESTED? WHAT IS HIS REAL INTEREST AND WHO DOES HE REALLY REPRESENT?
NOW, FIRST AMERICAN TITLE INSURANCE COMPANY IS OBSTRUCTING AN END TO THIS ENTIRE ORDEAL, BY NOT NEGOTIATING OR MOVING FORWARDS. HOW IS IT POSSIBLE THAT THEY CANNOT EVEN SERVE THE MAIN PARTY, THE MARTINS IN OVER 3 YEARS? THIS LITIGATION HAS NOT EVEN BEGUN YET.
THESE ARE THE PEOPLE FROM FIRST AMERICAN TITLE INSURANCE COMPANY THAT SOLD THE TITLE POLICIES AND ARE IN CHARGE OF THE ONGOING LITIGATION OF NORTHBEACH:
TURALU BRADY MURDOCK
PRESIDENT OF LATIN DIVISION:
E-MAIL: tmurdock@firstam.com
PHONE: (954) 839 – 2992
JOSE MAURICIO BELLO
INTERNATIONAL CLAIMS COUNSEL
E-MAIL: mabello@firstam.com
PHONE: (954) 839 – 2992
I THINK WE NEED TO GET TO THE FOUNDATION OF THE PROBLEM AND MORE IMPORTANTLY, TO THE PEOPLE WHO CONTROL THE LITIGATION AND CAN END IT, IF THEY DESIRED TO DO SO. AND FRANKLY, THE ONES RESPONSIBLE FOR PROVIDING THE MEANS OF ATTRACTION FOR PEOPLE TO BUY A PIECE OF PROPERTY THAT WAS NOT CLEAN.
PART ONE
THE TRUTH ABOUT NORTHBEACH IN ROCKY POINT:
OVER 10 YEARS AGO, THE MARTINS (SPANISH GROUP) AND THE GRIJALVAS (MEXICAN BROTHERS) FORMED A CORPORATION, WHICH IS NORTHBEACH AND PUT THE PROPERTIES INTO A TRUST WITH BANORTE BANK OF MEXICO. THE DEAL WAS THAT THE GRIJALVAS WOULD PUT UP THE LAND AND THE MARTINS WOULD PUT UP THE MONEY, TO BRING INFRASTRUCTURE INTO NORTHBEACH AND CREATE THE MASTERPLAN. AND BANORTE BANK WAS THERE TO SUPERVISE AND MAKE SURE EVERYBODY WAS HONEST, AS ADMINISTRATOR OF THE TRUST.
AS THEY PROGRESSED WITH THE MASTERPLAN, THEY SUFFERED A LAWSUIT BY A THIRD PARTY BY THE NAME OF OMAR SAENZ, WHO CLAIMED THAT THE PROPERTIES THAT WERE PUT UP BY THE GRIJALVAS WERE ALREADY CONTRACTED TO HIM AND WERE HIS PROPERTY. THIS DETAINED THE NORTHBEACH MASTERPLAN FOR 5 YEARS. THIS WAS THE FIRST LAWSUIT.
AFTER THIS LAWSUIT WAS WON BY THE NORTHBEACH CORPORATION AND GUARANTEED BY THE SUPREME COURT, THE MARTINS EXTRACTED ALL THE BEACHFRONT STRIP OF LAND OUT OF THE MASTER TRUST AND FORMED AN INMOBILIARIA OR REAL ESTATE COMPANY CALLED “LA RIVIERA”. THIS OPERATIONS WAS ALLOWED BY BANORTE BANK, WHO SUPERVISED AND ADMINISTERED THE TRUST AND THE NORTHBEACH CORPORATION BEGAN TO MARKET THE LAND TO DEVELOPERS.
THE MARTINS APPROACHED FIRST AMERICAN TITLE INSURANCE COMPANY. THIS INSURANCE COMPANY IS LOCATED IN THE UNITED STATES AND THE POLICY IS AN AMERICAN INSURANCE POLICY AND IT IS RUN BY AMERICAN BUSINESS PRINCIPLES AND ETHICS. THIS COMPANY DID THEIR OFFICIAL DUE DILIGENCE (OR CLAIMED THEY DID) AND AFTER EXTENSIVE INSPECTION, DONE BY ATTORNEYS SUCH AS RAUL O´FARILL OF OTP TRUST IN PUERTO PEÑASCO, GUARANTEED THE WHOLE NORTHBEACH MASTERPLAN UNDER A MASTER TITLE POLICY.
THEY GUARANTEED THAT THE LAND WAS CLEAN AND AVAILABLE FOR PURCHASE. NORTHBEACH ADVERTISED THIS EXTENSIVELY THROUGH THEIR SALES REPRESENTATIVES, SUCH AS COLDWELL BANKER OF PUERTO PEÑASCO, THE INTERNET AND OTHERS. THEY WERE SUCCESFULL IN ATTRACTING DEVELOPERS.
NORTHBEACH THEN SOLD THE LAND TO DEVELOPERS, SUCH AS PLAYA AZUL, RIVIERA REAL, PLAYA DORADA, GILA TOWERS, ETC. AND THE PROPERTY WAS GUARANTEED BY A MASTER TITLE POLICY FROM FIRST AMERICAN TITLE INSURANCE COMPANY.
BEFORE PURCHASING THE LAND, THESE DEVELOPERS APPROACHED FIRST AMERICAN AND REQUESTED A TITLE INSURANCE POLICY PRIOR TO PURCHASING, PROTECTING THEIR INVESTMENT JUST LIKE YOU WOULD DO IN THE UNITED STATES. FIRST AMERICAN DID THEIR DUE DILIGENCE AGAIN, AND CHARGED EACH DEVELOPERS THOUSANDS OF DOLLARS FOR EACH DUE DILIGENCE, WHICH ODDLY ENOUGH WERE DONE AGAIN BY FIRST AMERICAN´S ATTORNEY RAUL O´FARILL. THEY APPROVED AGAIN THE PROPERTIES AND SOLD SEVERAL TITLE POLICIES TO THE DEVELOPERS. THE DEVELOPERS, TRUSTING THE TITLE COMPANY, PURCHASED THE PROPERTIES FROM NORTHBEACH.
AS THE DEVELOPERS WERE DEVELOPING AND SELLING, THE MARTINS AND GRIJALVAS BECAME RIVALS AND SUED EACH OTHER. APPARENTLY, THE MARTINS EXTRACTED THE BEACHFRONT LAND OUT OF THE MASTER TRUST ADMINISTERED BY BANORTE BANK, WITHOUT THE AUTHORIZATION OF THE GRIJALVAS. THIS IS THE SECOND LAW SUIT.
THIS CONFLICT IS AN INTERNAL COMPANY CONFLICT BETWEEN PARTNERS AND THE DEVELOPERS ARE THIRD PARTY PURCHASERS IN GOOD FAITH, WHICH PURCHASED PROPERTIES FROM A CORPORATION AND FROM AN INMOBILIARIA. PROPERTIES THAT CAME OUT OF A MASTER TRUST ADMINISTERED AND SUPERVISED BY BANORTE BANK, ONE OF THE LARGEST BANKS IN MEXICO. AND THEY ARE GUARANTEED BY A UNITED STATES MASTER TITLE INSURANCE POLICY BY FIRST AMERICAN TITLE INSURANCE COMPANY AND SEVERAL MORE INDIVIDUAL INSURANCE POLICIES SOLD TO THEM BY FIRST AMERICAN, AFTER THE MASTER TITLE POLICY WAS IN PLACE. THE INSURANCE COMPANY ALSO PLANNED TO SELL IN THE FUTURE, HUNDREDS OF MORE INDIVIDUAL INSURANCE POLICIES TO CONDO BUYERS SUCH AS OURSELF.
WHEN THE LAWSUIT HIT AND THE PROPERTIES WERE TIED-UP IN THE LITIGATION, THE DEVELOPERS HAD TO STOP ALL CONSTRUCTION AND OPERATIONS. IN CONSEQUENCE, THIS AFFECTED US, THE CONDO BUYERS. WHO ALREADY HAVE GIVEN OUR DEPOSITS, WHICH WERE USED BY THE DEVELOPERS IN THE CONSTRUCTION.
NOW THE LEGAL CASE IS IN THE SONORA COURTS AND FIRST AMERICAN TITLE INSURANCE COMPANY IS RESPONSIBLE FOR THE PROPERTIES, BECAUSE THEY SOLD THE PROPERTY INSURANCE POLICIES TO THE DEVELOPERS. THE DEVELOPERS ARE TELLING US, THE CONDO BUYERS, THAT WHEN THE INSURANCE COMPANY PAYS THE POLICY, THEY WILL REFUND OUR MONEY TO US OR COME TO AN ARRANGEMENT.
THE INSURANCE COMPANY IS SUPERVISING AND ADMINISTRATING THIS LAWSUIT. THEY CONTROL THE PHASE OF THE LAWSUIT AND THE ATTORNEYS WHO ARE FIGHTING THIS LAWSUIT, YET I DO NOT SEE ANYBODY INVOLVING THEM. THEY ARE THE BACKBONE OF THIS LAWSUIT AND THE RESPONSIBLE PARTY. THEIR OFFICES ARE LOCATED HERE IN THE UNITED STATES AND IT IS A UNITED STATES INSURANCE POLICY. AND THEY ARE THE ONES THAT CAN SPEED OR DELAY THIS LEGAL CASE, ACCORDING TO WHAT IS BENEFICIAL TO THEM. WHY NOT START THERE?
THE LITIGATION IN NORTHBEACH HAS NOT EVEN BEGUN. THIS LITIGATION IS PROJECTED TO GO ON FOR 8 TO 10 YEARS MORE WITHOUT A SOLUTION.
FIRST AMERICAN INSURANCE COMPANY HAS NOT EVEN NOTIFIED OR SERVED THE MARTINS YET.
THE INSURANCE COMPANY IS NOT INTERESTED IN ENDING THIS LITIGATION QUICKLY, EVEN THOUGH IT IS IN THEIR CONTROL. THEY KNOW THAT IF THEY CAN COME TO AN ARRANGEMENT WITH THE GRIJALVAS, IT WILL MEAN THEY NEED TO PROVIDE THE FUNDS TO SETTLE, THEY WILL NEED TO CHIP-IN WITH THE DEVELOPERS TO SETTLE OR PAY THE INSURANCE POLICY OUTRIGHT , WHICH THEY GUARANTEED AND SOLD TO THE DEVELOPERS. AND THEY DO NOT WANT TO DO THAT. THEY PREFER TO JUST BABYSIT THIS LITIGATION WITH THE LEAST EXPENSES POSSIBLE TO THEM AND LET PEOPLE LIKE US SUFFER.
PART TWO
THE DEVELOPERS CANNOT DO ANYTHING ON THEIR OWN, BECAUSE THE INSURANCE COMPANY THREATENS TO CANCEL THEIR POLICY IF THEY INTERVENE IN THE LITIGATION. IT IS WRITTEN IN THEIR INSURANCE POLICY AND THEY HAVE BEEN WARNED BY FIRST AMERICAN INSURANCE COMPANY OFFICIALS.
THEREFORE, WE ARE ALL IN A BIND AND OUR MONEY IS BEING LOST BECAUSE OF A GREEDY INSURANCE COMPANY WHO DID NOT DO THEIR DUE DILIGENCE CORRECTLY, THINKING THEY WOULD SELL ALL THOSE INSURANCE POLICIES TO DEVELOPERS AND BUYERS AND MAKE ALL THAT MONEY. THEY WENT INTO BED WITH THE MARTINS FROM NORTHBEACH AND COUNTED ON, THAT WE AMERICANS WOULD TRUST AND BUY MUCH EASIER A PIECE OF PROPERTY, IF IT WAS BACKED-UP BY AN AMERICAN INSURANCE POLICY FROM AN AMERICAN INSURANCE COMPANY. THEY WERE IRRESPONSABLE IN NOT DOING THEIR DUE DILIGENCE, HIRING THE SAME ATTORNEY RAUL O´FARILL, WHOM WORKED FOR THE MARTINS AND IS A PARTNER IN GILA TOWERS, ONE OF THE AFFECTED DEVELOPMENTS. HE IS ALSO THE ATTORNEY THAT SCREWED UP THE LAND TITLES FOR THE FIRST GROUP OF BUYERS IN PLAYA DORADA, IN THE FIRST PHASE OF NORTHBEACH. AND IS CURRENTLY MANAGING THE PLAYA DORADA RESIDENTIAL AREA, WHICH HAS HAD SO MANY PROBLEMS AND ACCUSATIONS OF WRONG DOING. HOW CAN THIS PERSON BE INVOLVED IN ALL ASPECTS OF THESE DEALS WITHOUT A CONFLICT OF INTERESTED? WHAT IS HIS REAL INTEREST AND WHO DOES HE REALLY REPRESENT?
NOW, FIRST AMERICAN TITLE INSURANCE COMPANY IS OBSTRUCTING AN END TO THIS ENTIRE ORDEAL, BY NOT NEGOTIATING OR MOVING FORWARDS. HOW IS IT POSSIBLE THAT THEY CANNOT EVEN SERVE THE MAIN PARTY, THE MARTINS IN OVER 3 YEARS? THIS LITIGATION HAS NOT EVEN BEGUN YET.
THESE ARE THE PEOPLE FROM FIRST AMERICAN TITLE INSURANCE COMPANY THAT SOLD THE TITLE POLICIES AND ARE IN CHARGE OF THE ONGOING LITIGATION OF NORTHBEACH:
TURALU BRADY MURDOCK
PRESIDENT OF LATIN DIVISION:
E-MAIL: tmurdock@firstam.com
PHONE: (954) 839 – 2992
JOSE MAURICIO BELLO
INTERNATIONAL CLAIMS COUNSEL
E-MAIL: mabello@firstam.com
PHONE: (954) 839 – 2992
I THINK WE NEED TO GET TO THE FOUNDATION OF THE PROBLEM AND MORE IMPORTANTLY, TO THE PEOPLE WHO CONTROL THE LITIGATION AND CAN END IT, IF THEY DESIRED TO DO SO. AND FRANKLY, THE ONES RESPONSIBLE FOR PROVIDING THE MEANS OF ATTRACTION FOR PEOPLE TO BUY A PIECE OF PROPERTY THAT WAS NOT CLEAN.
VIOLENCE HITS ROCKY POINT
For those two or three people who have positive blogs on this site, you are invited to visit the following web page:
http://www.numerounoonline.com/nota.php?id=4574
Puerto Penasco is now experiencing the violence that has been so prevelant throughout Mexico.
Friday, April 24, 2009, Local market robbed at gunpoint. Thieves got away with $120,000.00 pesos
Saturday, April 25, 2009: An employee at Circle K on Bonita Juarez was assaulted by 6 men.
Sunday, April 26, 2009 early evening: Massacre occured on Bonita Juarez and Calle 13. Four men fired AK47 rifles at the occupants of a vehicle, killing 3 instantly and critically wounding an 18 year old girl. The execution type murders appeared to be mafia or drug cartel related.
If you are you still interested in vacationing in “margaritaville” make sure you have enough life insurance to cover funeral expenses and support your family.
Are you still interested in livng in Phoenix? Are you blind to the violence happening at a greater rate in Arizona? I still feel safer in RP than in most areas of Phoenix
Sheryl, could you post an update at Rockypointtalk.net.