Well, if you want to reduce the mortgage cost, to unlock the property equity or to consolidate the debts, consider streamlining your finance. But, whether or not a mortgage refinance suited for you depend on individual circumstances as refinancing offers are not always identical for every borrower. It carries great variants and has to Read More...
The Dubai real estate is relatively a mature marketplace and gives an opportunity to build wealth and establish the financial security. The current economic condition offers perhaps the best chance for home buyers and investors to appreciate the long-term cyclical nature of the real estate market. Deciding whether to buy or lease a home 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 am a single parent and don’t have too much financial expertise. So far I have saved all my savings as FD in a well-known bank in India. Of course the returns on FD are less/slow but at least as per my basic knowledge, it’s safe. Can you guide me how I can invest money 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...
No doubts, off plan purchases are giving worthy alternative options in today’s market with an eye-catching payment plan, together with the resilient security measures taken by the government to protect buyers’ rights. Off plan developments have been steadily budding and are accessible at lesser values. These days all most every developer is offering Read More...
Nowadays, most people opt for a mortgage to buy a property in the UAE, for a very unpretentious reason- mortgage products offered are in the buyer’s interest. But will this endure in 2017? We need to be observant. When we actually plan to step on the property ladder, one need not only to shop for 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...
Buying your dream home in Dubai or investing in Dubai Properties, here are some crucial pointers to help on your way. Plan your Finance, before you start browsing out your option in the market, it’s crucial to answer few questions, how much you can afford, how much you can borrow and what will be Read More...
Today, people with existing mortgage exposure, look at re-mortgage as a great opportunity to reduce the mortgage cost, to unlock the property equity or to consolidate the debts. Well, the question comes, is it a smart move for every homeowner, and how refinance or re-mortgage can contribute to lower debt cost? Indeed, with the Read More...