Overseas Property News Property News Overseas Property Forum Forums Overseas Property Blog Blogs Overseas Property News Sales Terms & Conditions Acceptable Use Policy
 Take Down Policy Privacy Policy Contact Us
Property in Australia Australia Property in Bulgaria Bulgaria Property in Brazil Brazil Caribbean Property Caribbean Property in Cyprus Cyprus Property in Dubai Dubai Property in Egypt Egypt Property in France France
Property in Germany Germany Property in Morocco Morocco Property in Portugal Portugal Property in Spain Spain Property in Turkey Turkey UK Property UK US Property US Property in the UAE UAE

Go Back   Overseas Property Investment Forum > Middle East property > Dubai property
Help-Banking/Real Estate Professionals- Buying a property with an existing mortgage! Help-Banking/Real Estate Professionals- Buying a property with an existing mortgage!
Register FAQ Members List Social Groups Calendar Search Today's Posts Mark Forums Read

Dubai property Buying or bought a property in Dubai, the city of the future? Foreign investors are allowed to own real estate in Dubai, but prudence and research are required when it comes to land titles and ownership. Join our community of investors who have purchased property in Dubai and made healthy returns. Get advice on relocation and issues like land titles, freehold ownership, taxation, Dubai mortgages and more. Join the Dubai Forum today.

Guest View - Limited Access Only
Register Free Today

Help-Banking/Real Estate Professionals- Buying a property with an existing mortgage!

Reply
 
LinkBack Thread Tools
  #1  
Old 04-07-2008, 11:44 AM
Active Member
  
Join Date: Dec 2007
Posts: 8
Default Help-Banking/Real Estate Professionals- Buying a property with an existing mortgage!
Hi ,

I have a Loan pre-approval from my bank and am thinking of Buying an Emaar property(Its Not Ready) , where the seller also has an existing mortgage from a different bank.

Is there any real estate or banking professional out there who can explain the process of Interbank settlement/transfer of Mortgage OR anyone who has purchased a property in a similar way, and can share the process, time durations etc? I would like to know realistically how long does the whole process take until transfer.


There is very little information on the FAQS on the Bank websites...and my bank does not want to commit on the time the whole process would take. So thought of collecting some information on my own.

Thanks in advance..
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote

Reply

Bookmarks

« 1 bed room in International City | Names and Contact Numbers for Emaar and Nakheel »
Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Buying Property In Nicaragua zackn Caribbean Real Estate 2 26-01-2009 02:28 AM
Business Bay Good Investment Or Not centurygrove Dubai property 50 14-10-2008 05:12 PM
Turkish Real Estate - Buying in Turkey medseA Turkey property 1 23-12-2007 08:22 PM
Buying a Property in Algarve/Portugal alvarojustino Portugal property 6 21-09-2007 11:34 AM

LEGAL NOTICE
By using this Website, you agree to abide by our Terms and Conditions (the "Terms"). This notice does not replace our Terms, which you must read in full as they contain important information. You must not post any defamatory, unlawful or undesirable content, or any content copied from a third party, on the Website. You must not copy material from the Website except in accordance with the Terms. This Website gives users an opportunity to share information only and is not intended to contain any advice which you should rely upon. It does not replace the need to take professional or other advice. We have no liability to you or any other person in respect of any content on this Website.
FORUM PARTNERS
Property Community is owned and operated by the MoveForward.com Limited group. You can find out more about us here. We also run the Expat Forum, an ideal community for people moving overseas and looking for jobs overseas.


Latest Active Threads

All times are GMT +1. The time now is 01:40 AM.

Dubai Property Forum
Dubai Property News
Unanswered Posts
Dubai Property For Sale
Dubai Rental Property
Cheap International Calls
Currency Exchange Tools

SearchSearch the site

Premium Account Benefits
Premium Member Benefits
Cheap International Calls
Currency Exchange Tools

Sub Forums:

Brazil Property ForumBrazil Property
Bulgaria Property ForumBulgaria Property
Dubai Property ForumCyprus Property
Dubai Property ForumDubai Property
Egypt Property ForumEgypt Property
French Property ForumFrench Property
German Property ForumGerman Property
Greek Property ForumGreek Property
Morocco Property ForumMorocco Property
Portugal Property ForumPortugal Property
Spanish Property ForumSpanish Property
Turkey Property ForumTurkey Property
UK Property ForumUK Property

Premium SubscriptionList Your Properties With a Premium Membership

Property News
Property Forum
Property Blog
Property For Sale
Entrepreneurs Network

Contact Us - Overseas Property Forum - Archive - Top

Powered by vBulletin® Version 3.8.3
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.
Search Engine Friendly URLs by vBSEO 3.3.0