May EN 2019

7 The report adds that buying in extended instalments carries considerable risks, especially in case developers would fail to meet their obligations and honour their deadlines and ultimately leave buyers in the lurch. Therefore, the report says, buying ready-to-move- in property is a much better option for that segment of end-users who don’t have sufficient experience of the ins and outs of property markets. Mazaya Monthly Real Estate Report - Week 2 - May 2019 This, according to the report, leads us to believe that the main problem starts with investors themselves and then comes down to brokers and bogus property firms. The report urges potential buyers and investors to do thorough research into the status of the companies they are buying from. They should not be deluded by illogically low prices, which are one of the most common tricks used by scammers and fraudulent agents. The project’s compliance with existing laws and legislation is another point that must be verified by investors and buyers alike before completing any real estate deal. The company’s history, financial status and integrity, including the number of successful projects it has carried out and their nature should also be investigated. Mortgage andfinancing plans should also be well thought out prior to any purchasing transactions in order to avoid any potential scams.