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Urithi Housing Sacco
eangaga
#161 Posted : Monday, March 18, 2019 1:18:17 AM
Rank: New-farer

Joined: 11/15/2016
Posts: 29
Thank you for the heads up. I read. I will look for other plans to acquire a parcel.
simonkabz
#162 Posted : Tuesday, May 07, 2019 11:56:31 PM
Rank: Elder

Joined: 3/2/2007
Posts: 8,776
Location: Cameroon
Bigchick wrote:
eangaga wrote:
Bigchick wrote:
Tick tock after Gakuyo......

What inside information do you have heresmile Spill the beans. I am asking for a friend.


Cnyakundi has something on them.Check him out....


Their much hyped PANORAMA project in THIKA is about to go under the hammer courtesy of Family Bank.

Urithi is on it's last kicks. A dying horse........another statistic of african greed,dishonesty and sheer incompetence about to bite the dust.............

Kure kabisa.
TULIA.........UFUNZWE!
eangaga
#163 Posted : Wednesday, May 08, 2019 3:55:16 PM
Rank: New-farer

Joined: 11/15/2016
Posts: 29
And more...
Wars

simonkabz wrote:
Bigchick wrote:
eangaga wrote:
Bigchick wrote:
Tick tock after Gakuyo......

What inside information do you have heresmile Spill the beans. I am asking for a friend.


Cnyakundi has something on them.Check him out....


Their much hyped PANORAMA project in THIKA is about to go under the hammer courtesy of Family Bank.

Urithi is on it's last kicks. A dying horse........another statistic of african greed,dishonesty and sheer incompetence about to bite the dust.............

Kure kabisa.

Ryko
#164 Posted : Thursday, May 09, 2019 9:27:37 PM
Rank: Member

Joined: 5/27/2016
Posts: 274
Location: Pub
Who is eating who Urithi is eating Panorama or Panorama is eating Urithi...

I work so I can afford the amount of alcohol required to continue going to work
Bigchick
#165 Posted : Wednesday, May 15, 2019 12:25:53 PM
Rank: Elder

Joined: 2/8/2013
Posts: 4,068
Location: At Large.
Wooi.I saw this coming......

Things very thick......

I attended the handing over of own a room project and there were some red flags though the project looked good
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.
simonkabz
#166 Posted : Sunday, May 26, 2019 8:29:59 PM
Rank: Elder

Joined: 3/2/2007
Posts: 8,776
Location: Cameroon
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?
TULIA.........UFUNZWE!
premio
#167 Posted : Sunday, May 26, 2019 11:52:40 PM
Rank: Member

Joined: 5/31/2009
Posts: 226
The title is in URITHIS Name but charged to Family BANK at the time of purchase Urithi has serviced the loan to the tune 630million leaving a bal of 264m.Unsold plots are worth over 300m and only 300m because the subdivision for issuance of Titles is yet to happen. Members have balances to the tune of 150m and have been issued with demand letters. The redemption is as a result of Urithi falling into 4 months arrears which is being regulized over 10m alraedy paid. No court in the land can allow any bank to auction land worth 1.5b coz oif 264m loan that has been well servicd for 3 years we will simply get a court injuction to allow us more time to clear stocks and for members to clear balances. We are not atthe lvel of SURAYA

Gathige
#168 Posted : Monday, May 27, 2019 12:48:21 AM
Rank: Elder

Joined: 3/29/2011
Posts: 2,242
premio wrote:
The title is in URITHIS Name but charged to Family BANK at the time of purchase Urithi has serviced the loan to the tune 630million leaving a bal of 264m.Unsold plots are worth over 300m and only 300m because the subdivision for issuance of Titles is yet to happen. Members have balances to the tune of 150m and have been issued with demand letters. The redemption is as a result of Urithi falling into 4 months arrears which is being regulized over 10m alraedy paid. No court in the land can allow any bank to auction land worth 1.5b coz oif 264m loan that has been well servicd for 3 years we will simply get a court injuction to allow us more time to clear stocks and for members to clear balances. We are not atthe lvel of SURAYA



@Premio, the courts will go with the contract terms. You can be auctioned if you owe 1 bob out of a 100 bob borrowing if the lender can prove inability to pay the 1 bob. There are sharks looming and ready to pounce at cheap properties.

"Things that matter most must never be at the mercy of things that matter least." Goethe
murchr
#169 Posted : Monday, May 27, 2019 6:52:07 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
Bigchick wrote:
Wooi.I saw this coming......

Things very thick......

I attended the handing over of own a room project and there were some red flags though the project looked good



Uli nena hii maneno sometime back. Chungeni mfuko
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
Kenyan Oracle
#170 Posted : Monday, May 27, 2019 11:17:07 AM
Rank: Member

Joined: 5/31/2011
Posts: 262
simonkabz wrote:
Bigchick wrote:
eangaga wrote:
Bigchick wrote:
Tick tock after Gakuyo......

What inside information do you have heresmile Spill the beans. I am asking for a friend.


Cnyakundi has something on them.Check him out....


Their much hyped PANORAMA project in THIKA is about to go under the hammer courtesy of Family Bank.

Urithi is on it's last kicks. A dying horse........another statistic of african greed,dishonesty and sheer incompetence about to bite the dust.............

Kure kabisa.



Same with Suraya. These companies selling houses pooooh!
You lose money chasing women, but you never lose women chasing money - NAS
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