The real estate markets around the country are hurting for buyers. Investors need to change their view towards the real estate market in Dubai. It is now the time for the investors who have been sitting in the real estate companies in Dubai to diversify their portfolio, and make real estate purchases today like no other time in history. With most markets flooded with properties, you can really make wise educated decision on any property on the market. 99% of loans that adjust higher will cease in March 2012 so prices and rates will go slightly higher afterwards and prices and rates will jump a lot after foreclosures are sold off .
Markets, in most countries, are not as organized or efficient as markets for other, more liquid investment instruments. Individual properties are unique to themselves and not directly interchangeable, which presents a major challenge to an investor seeking to evaluate prices and investment opportunities. For this reason, locating apartments in Dubai to invest can involve substantial work and competition among investors. Information asymmetries are commonplace in real estate markets. This increases transactional risk, but also provides many opportunities for investors to obtain properties at bargain prices. Entrepreneurs typically use a variety of appraisal techniques to determine the value of properties prior to purchase.
Go partners with someone else that you trust. This is especially important if Make an application to a mortgage company. You need to know what they can do for you and let them know what it is that you are looking to do. If you are going to buy single Family Homes or Multi-family buildings. Make sure they can make the loans and how much of the rental with their use towards qualifying you for a mortgage.
Start locating properties. Contact agents that specialize in working with Buyers and not an agent who works for the seller. However, a seller’s agent can provide information about a property that a buyer's agent may not know. The realtor's fiduciary duty is to provide honest real estate help and knowledge to all parties in the transaction. Make a list of the type of properties have your agent send you print-outs of properties. Make a list of the ones you are interested in then go out by yourself and drive around the area. Don't be afraid to knock on doors of apartments in Dubai and ask questions of the people. Such as Schools, Shopping, Crime, you get the idea. You can also go online to check out the schools ratings and the crime stats for the area.
Make appointments to see each one of them and take notes on what you like, expected repairs and what you do not like. Get the Seller Disclosure for each property. This will become a great tool down the road. Once you have all of the properties listed and all of your notes written down on each property.