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Old 15-04-2008, 09:35 AM
JMBroad JMBroad is offline
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Join Date: Jun 2007
Posts: 819
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Hehehe

Well, Dotty and Dottette.

Once again the claim that prices are dropping. I've still seen no evidence of this anywhere apart from GW's claim that the developer of the apartment he bought gave him a discount.

Just to sum up both of your posts from the past few days as well as many others who you agree with - correct me if I misunderstood any of what you seem to agree with:

<disclaimer - not my opinion>

Only trust Brasilian real estate agencies as they are the only ones who know what they are doing. (even though the vast majority of real estate agencies operating in Brasil are doing so ilegally without the required CRECI license). Brasilian real estate agencies on the ground in Brasil are the only ones who know what is going on. But on the other hand watch out because all Brasilians are out to stab you in the back and steal your money and rip you off because they increase the prices tenfold to "Gringos".

Isn't that a bit of a Catch 22?

Dotty, how come none of the specialised Brasilian agents you know could advise you what is happening at LDC? You've been posting on here for days now trying to know what is going on with that development and from what I can see it would take a European agent to inform you.

I do agree that if you do a google search you can find some horrendous websites by International agencies promoting everything including non-licensed and illegal builds. But telling them to go with a Brasilian agency instead when they don't speak the language doesn't make much sense either. Especially after everyone living in Brasil gives reports of how they are getting ripped off.

So, what's the solution you'd suggest? Just stop investing and start putting your money under the matress again?
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