How much time HSBC take to recover the money of properties when people left to pay their mortgages? More than two years to sell a property of $37, 000.00, is too much time. The HSCB (Panamá) has a property that acquired through seized it to the owner. I knew about this property (#62199) from a friend that lives in the building, so I call the bank to know what to do to acquire it. When I asked for it they told me that it is not on the list of properties, finally they said that it was sold. If the property was seized in march 6, 2007 and legally acquired by the bank in August 2007. After more than two years, ¿Why the bank still pay the quote of maintenance of the building? If the bank sold it, ¿Why still appears HSBC as the owner? I checked it in www.registro-publico.gob.pa If someone bought the apartment, ¿Why didn’t pay it yet? This let me think that someone inside the bank has personal interest on it, but when is going to pay it? It’s suppose the bank must be optimizing the returns on financial assets through prudent practices. As client of the Bank I hope you check the way these operations are doing.
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