Land Registration

[Lsab]

It was fairly easy to find a buyer - we had two in the end - but Greece at the time wasn't the easiest cluster to sell. After all fees etc we recieved 440,000 so prices have gone up very nicely since haven't they? We made the sale in July.

We'd have preferred to refinance to buy our next couple of properties but as it wasn't possible, we had to sell.

[charlieMc]

Has anybody received their title deeds in International City yet? and how long does it take from the time the building owner submits the documents to Nakhhel until you actually receive the title deeds?

Also if selling without title deeds i.e. MOU, does it decrease the sale price by much?

[sumair]

m stuck with the same problem bought an apt in england .... was told a lotta bull**** by the agent but now i cant sell if since i dun have the title ..... help what sud i do ????thanks

[blueshift]

Originally Posted by charlieMc

Has anybody received their title deeds in International City yet? and how long does it take from the time the building owner submits the documents to Nakhhel until you actually receive the title deeds?

Also if selling without title deeds i.e. MOU, does it decrease the sale price by much?

It doesn't seem to affect the asking price, but it makes it harder to find a buyer because you need to find someone with the lump sum of cash available. There are some buildings in international city which can't be financed - but people still ask for the same price when they try to sell them.

[Lsab]

Originally Posted by sumair

m stuck with the same problem bought an apt in england .... was told a lotta bull**** by the agent but now i cant sell if since i dun have the title ..... help what sud i do ????thanks

We sold our apartment in Greece without title. The agent sorted it all out and took commission from the buyer so we didn't lose a penny.

[blueshift]

Originally Posted by sumair

m stuck with the same problem bought an apt in england .... was told a lotta bull**** by the agent but now i cant sell if since i dun have the title ..... help what sud i do ????thanks

Your options are:

1. Sell to someone who can afford to pay all cash.
2. Rent it out till you get a land title.
3. Find someone who wants to buy the property and rent it to them untill the land title comes through.

I'm trying to buy a property in IC, but I'm renting it untill the owners title comes through and I can get finance.

[sumair]

Originally Posted by Lsab

We sold our apartment in Greece without title. The agent sorted it all out and took commission from the buyer so we didn't lose a penny.

lsab when did u sell it n for how much ... cud u plz gimme the contact info of ur agent


thanks

[Lsab]

Originally Posted by sumair

lsab when did u sell it n for how much ... cud u plz gimme the contact info of ur agent


thanks

[B]

Sorry I took so long to get back to you. We sold in August through Live Dubai. They have offices in Dubai and London and we used the latter. Nadine was our agent and was extremely helpful...I can't recommend her highly enough.

London office: Tel: +44 (0)20 8849 8002

Dubai office: Tel: +971 4 407 0717


If you want their address please PM me.