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Real Estate News Alert.

Real Estate News Alert is a roundup of the most recent news that gets updated daily to keep you always up to date on the world's most attractive projects in the real estate market from the UAE (Dubai, Abu Dhabi, Umm Al-Quwain, Ajman, Ras Al-Khaimah, Sharjah and Fujairah) and sometimes from the GCC or other countries and from various news sources.


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Saturday, November 15, 2008

Property Buybacks Potentially Risky

Developers promise property buybacks
The National United Arab Emirates
Some developers caught in a stagnant market have been attempting to lure customers with promises they will buy back property at a higher price a few months after a sale, guaranteeing the deal with postdated cheques.
While that may seem an attractive offer, industry insiders warn the practice is potentially highly risky for all involved. ...

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