MRI: MIGRANES RIP-OFFS

I went to a show in London around 2006 and was convinced that I could take equity from my house, put down deposits on discounted unbuilt Appartments in Bansko and by the time they were completed, I could remortgage them based on their new value, release my equity and put this back into my house in the UK. From being picked up from Sophia until being droped off again a couple of days later - the sales guys went to town on everyone with their constant barrage of smooth b*llsh*t sales talk. SO deposits paid. One appartment was valued at around 120000E and I paid a dposit on this, when it came to completion, the Surveyor ssaid it was only 90,000E and the developer (not MRI) asked for the extra 30000E in cash which I didn't have so I said I just wanted to walk away. I think MRI put this 30000 on top of the actual value and took this up front. anyway, the Developer said they would drop the purchase price to complete the deal and I got myself a nice 9.9% Bulgarian Interest Only Mortage which given the ever changing exchange rate gets more expensive as the years go by. There is no rental market and the place has never had any interest. I went to see the appartment a couple of years ago - the electric had been cut off as there was an outstanding 600E bill. Either the developer had plugged their cement mixer into the mains or the property had been let out. All the heating was found to be on full even though the power had been cut off. The Developer kindly advised me that I still owed them the 30000E difference - for which they can swivel as they said they would drop the price. I could not get answers to who had used the flat / electricity but only MRI and the Developer had the keys. The Developer has been hounding me for maintenance charges. I have walked away from the place and have no idea what the current state of play is. The other three appartments are another story . . . I have still haven't been able to recoup the £100,000 that I sank into Bansko to pay back the equity on my house. Lesson Learned: Don't test the waterwith both feet. NEVER make a decision on a sales visit - always go home and sleep on it because while you're out there, you're as good as hypnotised. Don't put all your money on Red / Black. Don't put all your eggs in one basket.