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Urithi Housing Sacco
Bigchick
#181 Posted : Tuesday, June 11, 2019 7:23:46 PM
Rank: Elder


Joined: 2/8/2013
Posts: 3,890
Location: At Large.
eangaga wrote:
If you had land with them and you have title, how sure can you be that your title is legitimate?



If you have a title it must be legit.

They never produce fake titles.However there are many holding certificates and that is where the problem lies.But I wish to add that it's not entirely their fault.Land purchasers are also to blame.

You pay 10% deposit with a promise to clear in 12 months then take 5 years to pay up.The seller will get impatient and move on.That plus living large on peoples monies is the main challenge.
Love is beautiful and so are those who share it.With Love, Marriage is an amazing event in ones life time, the foundation of joy, happiness and success.
tony stark
#182 Posted : Wednesday, June 12, 2019 8:19:09 AM
Rank: Veteran


Joined: 7/8/2008
Posts: 853
Hunderwear wrote:
Am wrote:
@Hunder. This sacco was discussed here the other day and what everyone was saying is that Its a hot rod. Don't touch. run away boss.

Kwanza hiyo website yao they show a big gated community project they are to do in Thika. You tell me where in thika that land is? Cant see it anywhere.


Thanks @Am on top of that I have learnt that the vicechairman is one PASTOnR gakuyo(note pastor in capitals to mean nairobian pastor).I have dealt with him elsewhere and he is a ficticious man.To confirm his ficticiousness he has a different name there.I have given up on them.


How do you deal with ficticious character? Fictiously??
simonkabz
#183 Posted : Wednesday, July 24, 2019 3:57:32 PM
Rank: Elder


Joined: 3/2/2007
Posts: 8,732
Location: Cameroon
simonkabz wrote:
Ryko wrote:
Who is eating who Urithi is eating Panorama or Panorama is eating Urithi...



What are the odds of this being executed, given Urithi has already paid 75% of the loan so far? The outstanding balance is about 200m, yet the property is worth over 1.5b.

What does the law say on such an auction?


Auction notice was withdrawn and remaining loan restructured, to be paid over a period of 5 years. The plots are relatively cheap and the area is to die for. I have withdrawn the red flags and I now hoist a green one. smile
TULIA.........UFUNZWE!
Bigchick
#184 Posted : Friday, August 02, 2019 7:05:41 AM
Rank: Elder


Joined: 2/8/2013
Posts: 3,890
Location: At Large.
simonkabz wrote:
simonkabz wrote:
Ryko wrote:
Who is eating who Urithi is eating Panorama or Panorama is eating Urithi...



What are the odds of this being executed, given Urithi has already paid 75% of the loan so far? The outstanding balance is about 200m, yet the property is worth over 1.5b.

What does the law say on such an auction?


Auction notice was withdrawn and remaining loan restructured, to be paid over a period of 5 years. The plots are relatively cheap and the area is to die for. I have withdrawn the red flags and I now hoist a green one. smile



Buying time postponing problem.

Not necessarily for this project but the co operative as a whole.

Love is beautiful and so are those who share it.With Love, Marriage is an amazing event in ones life time, the foundation of joy, happiness and success.
Bigchick
#185 Posted : Thursday, January 30, 2020 6:13:56 AM
Rank: Elder


Joined: 2/8/2013
Posts: 3,890
Location: At Large.
simonkabz wrote:
simonkabz wrote:
Ryko wrote:
Who is eating who Urithi is eating Panorama or Panorama is eating Urithi...



What are the odds of this being executed, given Urithi has already paid 75% of the loan so far? The outstanding balance is about 200m, yet the property is worth over 1.5b.

What does the law say on such an auction?


Auction notice was withdrawn and remaining loan restructured, to be paid over a period of 5 years. The plots are relatively cheap and the area is to die for. I have withdrawn the red flags and I now hoist a green one. smile




Is your green flag still hoisted?

Am told the Auction happened and those who had completed paying for their plots have gone to court.

Have also heard at Tola,purchasers were chased out of their plots when they started to mwaga material za kujenga.

I can see a river of tears.
Love is beautiful and so are those who share it.With Love, Marriage is an amazing event in ones life time, the foundation of joy, happiness and success.
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