Houses for sale in Dubai? Dubai tourist attraction is one of the reason for the real estate boom in Dubai. Mall of the Emirates is one of the city’s most famous malls, with the spectacular (and surreal) Ski Dubai facility inside. The indoor ski slope is complete with chairlifts and a penguin enclosure, all at a continuous temperature of -4 degrees Celsius. There’s also a cinema complex and a family entertainment center with a whole host of rides aimed at both the big and small. The shopping opportunities are boundless, as are the eating options, offering every conceivable world cuisine. This theme park, near Global Village, is immersive entertainment at its finest and has thrills and spills for both kids and big kids. With one zone devoted entirely to Marvel’s iconic characters; another to dinosaur-themed rides; and a zone where the Cartoon Network takes the helm, with gentler rides and activities for younger children, there’s something here for every age. Whether you want to help the Avengers battle Ultron, scare yourself silly in a haunted house, or join Spider-Man as he swings through the city, this is heaven for families looking for a fun-filled day out.
Draining your savings. Spending all or most of their savings on the down payment and closing costs is one of the biggest first-time homebuyer mistakes, says Ed Conarchy, a mortgage planner and investment adviser at Cherry Creek Mortgage in Gurnee, Illinois. “Some people scrape all their money together to make the 20 percent down payment so they don’t have to pay for mortgage insurance, but they are picking the wrong poison because they are left with no savings at all,” Conarchy says. How this affects you: Homebuyers who put 20 percent or more down don’t have to pay for mortgage insurance when getting a conventional mortgage. That’s usually translated into substantial savings on the monthly mortgage payment. But it’s not worth the risk of living on the edge, Conarchy says. What to do instead: Aim to have three to six months of living expenses in an emergency fund. Paying mortgage insurance isn’t ideal, but depleting your emergency or retirement savings to make a large down payment is riskier.
Inspections: Walk through with the tenant, Full inventory of all assets in the property, Working with agents to enhance property’s appearance, Obtain bids for quotes and notify the owners prior to any major expenses regarding their property. Property Analysis Report. Ensure all required maintenance is done in a timely manner. Read more info on property management company Dubai.
Dubai real estate advice of the day : Selecting a lender is a matter of personal preference. Many people often shop around, looking for a lender that offers the lowest rate. More often, however, people will choose a lender based on a referral from an agent or friend. Most lending institutions will offer the same basic programs, such as FHA, VA, conventional fixed rate, etc.; and most will meet or beat another lender’s rates. What usually separates one lender from another is their “niche” product. An example would be a lending institution that specializes in low down payments, as compared to another that specializes in self-employment financing. Most agents will be able to point you in the right direction based on your particular situation.
Location is by far the most important part of buying real estate. You can change condition, you can change price, you can’t change the location of a house. If there is one thing a buyer should never sacrifice on its location. The location of a house will have the largest impact on its price, and potential future appreciation. One analogy we use to demonstrate how important location is this: If you take the least expensive home in the world, and you put it in downtown New York City, it is worth millions. If you start shopping homes for sale in all different locations you’ll never build a proper frame of reference to understand what constitutes a great deal, a good deal, and a lousy deal. You want to become an expert in a certain area so that when it comes time to make an offer, you can do so with conviction and confidence.
Boutique Property Care Services is one of the leading property management companies in Dubai. In a short span of time, BPCS has carved a niche for itself as a reliable and trustworthy property management company. BPCS is the brainchild of Karen Lewis who has a long 10-year experience in the field of real estate in the USA and UAE. She has a passion for helping people in finding a dream home to live with their families and the passion for taking care of the properties of her clients as if they are her own. We take great pride in achieving exceptional outcomes. Discover extra information at apartment for rent in Dubai monthly.