truth104 wrote:Hunderwear wrote:truth101 wrote:I have the very same question about the Title taking too long to process. Has anyone received any title form the sacco?
My biggest concern about SIC is over selling the plots. i.e if they have 10 plots they sell to more than 10 people hence some people end up paying but don't get allocated the plots they chose.
Is it a honest mistake or are they getting greedy?? Please make sure that you have been allocated the plot number you signed for. You may be shocked 2 years down the line that your plot has been given to someone else. You will get your money back but they have used your money to grow there company and instead of compensating you they will still charge you the 10,000 withdrawal fee.
If anyone knows how to fight this please share
What????Is this your experience or you just overerheard somewhere?Am having the first plot with them paid in instalment.I wil seek a written confirmation that I wil get the plot I choose tomorrow failing which I will withdraw coz I hate being shortchanged.Btw is there a provision for filling the plot number un their offer letter?
(sorry i register under my yahoo account and the system couldn't let me sign in as truth101)
Its my own experience and its very frustrating since the plot numbers are on the offer letter.
So my issue was how can they really give the plot to someone else when I have the offer letters in my hand.
Well am afraid to go through the legal system since i know they have very good lawyers hence am afraid this will prolong the time when i get my money back. I can live with the 30 days they have given me.
I also have another plot that i have paid off in Salama which they have said that the Title should be ready. Am crossing my fingers and if i dont get it by end of November i guess it will be time to withdraw completely and sell all my shares and tell all my friends to run very fast away from SIC
Biting more than they can chew?
There is time value for money. If you hold someone's money and property for two years, what opportunity cost does he suffer not using his money and/or not using his land.
There is something terribly wrong there, including their office arrangement. That overcrowding in a small space isn't good for provision of efficient services.