Thursday, November 15, 2007

Tips for Buying Property in Dubai

Buying a property or second home in Dubai is gaining popularity, but it can be a confront and there are many possible pitfalls to consider. The principal drawback being one of LANGUAGE and CONSIDERATE. It makes intelligence to have the support of a bi-lingual selling agent who is a highly regarded authority from the beginning, someone who is recognizable with the quirks of Napoleonic law in order to decrease your risk during all stages of the buying procedure.

During the 60 days prior to completion your Notaire will carry out all the essential searches and get hold of a official document which recognize whether there are any exceptional liabilities or debt alongside the property. For example if the sale proceeds are not enough to clear the advance, the sale will be stopped and the purchaser's put refunded.