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Buy Back Offers....need advice/answers Buy Back Offers....need advice/answers
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Buy Back Offers....need advice/answers

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  #1  
Old 14-10-2008, 10:06 PM
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Default Buy Back Offers....need advice/answers
Hi,

I need to know the legitamcy of these offers as some go up to 50% in 6 months in Ajman. Does anyone have first hand experience in this? Is there something we should consider before buying into this? I havne't been able to find enough information on this type of financing strategy on the net.

Any advice would be appreciated. Thanks!!
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  #2  
Old 15-10-2008, 08:33 AM
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I am also getting involved in the buyback offer in Ajman..
the pre-requisites should clearly be:
1) a well defined MOU with dates and figures indicated
2) a post dated chq for the guarenteed amount on the date indicated
3) detailed analysis on developer... ie are they a small time player who could afford to scam someone and run away?

in all three cases the developer i am working with has proven sound...
within the next week i'll be making the investment...
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  #3  
Old 15-10-2008, 10:26 PM
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Could you tell me which buy back investment you chose? I would love to check it out. I'm looking at the Al Barakah developments in Ajman, providing 50% in 6 months.
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Old 15-10-2008, 10:27 PM
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How important is a PDC with a buy back offer?
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Old 16-10-2008, 07:09 PM
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Quote:
Originally Posted by ajamil View Post
How important is a PDC with a buy back offer?
Not imp in all cases. If the Developer is sound and has a gud rep then supporting documents and collaterals are enough. please pm me your email address and i can mail yuo fantastic buyback deals with different developers and different collaterals. some even tailormade to suit yuor investors requirements.

Regards

Amira Ali
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  #6  
Old 17-10-2008, 07:27 PM
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Quote:
Originally Posted by amira ali View Post
Not imp in all cases. If the Developer is sound and has a gud rep then supporting documents and collaterals are enough. please pm me your email address and i can mail yuo fantastic buyback deals with different developers and different collaterals. some even tailormade to suit yuor investors requirements.

Regards

Amira Ali
Please send me info to assadjamil at hotmail dot com. Thanks
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Old 22-10-2008, 04:27 PM
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can you please provide some more details to the following jazmalik@hotmaildotcodotuk
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Old 24-10-2008, 11:47 AM
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Default Hello Amira Ali
Quote:
Originally Posted by amira ali View Post
Not imp in all cases. If the Developer is sound and has a gud rep then supporting documents and collaterals are enough. please pm me your email address and i can mail yuo fantastic buyback deals with different developers and different collaterals. some even tailormade to suit yuor investors requirements.

Regards

Amira Ali

Hi Amira,

Can you please email me the buyback deals you mentioned to snafi1000x at yahoo dot com

Thank you,
SNAFI
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Old 26-10-2008, 09:15 PM
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These developers are nearly bankrupt. They are making schemes to get money to keep operating. When they are officially bankrupt, how will they give you your money back? What are the laws in UAE about contracts, post dated checks etc..?
Oil is no longer at $145 per barrel. Its touching usd 60. Is anyone out there as worried as I am..
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  #10  
Old 27-10-2008, 10:26 AM
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CAn you please tell me more about the bayback plan and is it availble to all Ajman Projects
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