I am looking to buy some property for investment. Should I speak to a mortgage expert before starting my house hunting? Certainly, it’s extremely important to consult the mortgage professional first, if you target to support the purchase with bank funding and understand how much you can borrow. To do your eligibility Read More...
Buying a commercial real estate is a complex proposition, where sometimes become challenging even for experts to maximize their investment value. Henceforth, comprehending below concerns can help to make an efficacious acquisition. Understand the matrix When deciding to buy a commercial real estate, it is important to do some homework, to understand the Read More...
My home was appraised at AED 2 Million at the time of purchase. Now am looking for refinance options. But little worried that current property value might be less, what factors I should consider and how to get a rough estimate of the property to apply for refinance. While considering an appraisal of the Read More...
I bought a hotel apartment at Business Bay. Currently, it’s an off plan project and the handover is in 2019. The SPA is being stamped by the developer. I paid Registration fees and 30 percent of the flat amount. Can I know my options to finance remaining amount? Certainly, the finance Read More...
Getting onto the real estate is one of the prime decisions one makes in his life and getting a mortgage may seem like an intimidating task, but it’s not that tricky and there are ways you can increase your chances and certainly, it pays to do so prudently. And before committing to a long-term Read More...
I bought a hotel apartment at Business Bay. Currently, it’s an off plan project and the handover is in 2019. The SPA is being stamped by the developer. I paid Registration fees and 30 percent of the flat amount. Can I know my options to finance remaining amount? Certainly, the finance Read More...
I have four credit cards and a personal loan in UAE, where I have a few outstanding payments. Can you advise me how I can consolidate my payments? What are my options in the market? Well, I would say, consolidation is the right approach towards reducing the fiscal obligation, as it helps to Read More...
The loan-to-value (LTV) is basically the percentage of the loan amount to the appraised value of the property. The LTV is an offering ratio that financial institutions study before approving a mortgage and is calculated by dividing the sum of your loan into the total value of your property. For example, if Read More...