Buy Back offers

[ajamil]

I noticed not all of the offers include a PDC? If this investment is guaranteed why don't they include them in all offers? thanks

[Aryan Khan]

Originally Posted by Dweebo

Thanks for the quick and detailed response. A few quick follow up questions:

- Do we therefore get the PDC straight away (i.e. a few days/weeks after our downpayment) or will it be sent to us only after the 6 months has passed?

- Some of the offers mention a commission to be paid. Is that paid by us and if so, how much would it be?

- Are there any additional charges that we'd have to pay following the buy-back?

I will also send you an email shortly.

Answers to your questions:

1. Yes, you get PDC straight away after making the downpayment. (same day of the down payment).

2. Commission was being charged for few deals but it has been omitted. So there are no commissions to be paid by the investor.

3. No additional charges. Investor just pay his investment amount. No additional payments, no charges, no hidden costs, no commissions.

regards

[Aryan Khan]

Originally Posted by ajamil

I noticed not all of the offers include a PDC? If this investment is guaranteed why don't they include them in all offers? thanks

Some developers think that giving the PDC means fixing the profit amount. Which might be taken as 'INTEREST' for some people. So they dont issue the PDC. And even ithe MOU from these developers has following statement about returns: 'minimum profit returns of 50%'. So it doesnt fix the returns.

The name of the developer is renouned, so people trust the name and also many investors have taken the benifits of these deals before, which make them invest again.

Regards

[Dweebo]

I've dropped you an email. Please check and let me know.

[Mujteba]

Dear All

What has been the reaction to these buy-back deals? Are people going for these and what sort of assets are pledged to us the investor if these chqs dont cash?

regds

[Aryan Khan]

Originally Posted by Mujteba

Dear All

What has been the reaction to these buy-back deals? Are people going for these and what sort of assets are pledged to us the investor if these chqs dont cash?

regds

Hi,

Well i have received very good response from the investors regarding this. And I have managed to give maxmium security to the investors.

Different developers offer different guarentees/securities but the basic asset is the property which is under your name for 6 months with a clause detailed below:

Developer A: Developer sells it to the third party within 6 months and if not then buys it back himself.
Developer B: Developer will buy it back and if cheque bounces, property will be tranfered to the investor.
Developer C: If cheque bounces, property will be tranfered to the investor as '100% paid'

Minimum investment:
Developer A: AED 500,000
Developer B: 1.6m
Developer C: 3.7m

regards

[passi0nate]

what are the available offers right now .. ??

[ajamil]

Can the asset be legally transferred to the investor and then tranferred back to the developer at the time of maturity of the contract deal? This is probably the best way to keep yourself safe and have something tangible and with proper/legal documentation on the asset in case anything wrong happens.

[Seventomake]

hello Aryan,

can you please forward to me the detials of these buy back offers. mention the developers name. Also i am not interested in buying a full flor or half floor. Please also include floor plans.
send to tarek.hourani at al sahoo . com

[Aryan Khan]

Originally Posted by passi0nate

what are the available offers right now .. ??

Latest Avaiable offers are detailed below:

Offer 1:
Min. Investment: AED 500k
Returns: 50%
Period: 6 months
Supported Docs: MOU and Reservation form of the property

Offer 2:
Min. Investment: AED 1.6m
Returns: 26%
Period: 4 months
Supported Docs: PDC, MOU and Reservation form of the property

Offer 3:
Min. Investment: AED 3.3m
Returns: 28%
Period: 4 months
Supported Docs: PDC, MOU and Reservation form of the property

Offer 4:
Min. Investment: AED 3.7m
Returns: 30%
Period: 6 months
Supported Docs: PDC, MOU and Reservation form of the property

Let me know if you are interested.

Regards