Quote:
Originally Posted by mpat
Hallo friends
Can anyone advice what should be the correct procedure for resale? I am a bit confused as some agents are asking to put money in their personal account,though they are registered agents,can I trust them?
Has anyone done any resale buying selling like this?
What should be the best way of doing it ?
THANKS IN ADVANCE.
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mpat,
Beware, I heard some horrific stories. It's not that deals are not done, I have seen so many deals go through without any problems, but the seller can turn nasty if he wants to.
Met a lady who bought a house in the secondary market, through an A1 real estate agent ( the ones we usually call the best in Dubai, one of the top three ).
The seller refuses to transfer for obvious reasons as the flat has appreciated.
The buyer is stuck with her down payment and lawyer fees...and so far the real estate authorities cannot force the seller to honour his committment.
She has been shuttling between all places and she has got no one to help.
Does anyone know of a good lawyer
Regards
Roshan