When you can no longer cover the mortgage payments of your property, it will be repossessed by the bank, making you lose all the money you invested in that property over the years. But Express Sale Dubai can help you in this situation.
We understand the financial pressure and emotional stress that comes with being unable to meet your mortgage payments. Whether you’re at risk of mortgage default, have fallen behind on payments, or need a quick exit from a challenging financial situation, we’ve got you covered.
Our service is designed to provide property owners with a quick and straightforward solution: a fair cash offer for their home that ensures they don’t lose everything in the process. On top of this we specialise in working with mortgage lenders to more a sale as quickly as possible while avoiding repossession.
Selling to a cash buyer is much more efficient and faster than selling to a traditional buyer, as there is no need for mortgage approvals or waiting for your buyer to sell their own property in a “sales chain”. . This streamlined process allows for a quicker transfer of ownership, helping you address your outstanding mortgage without the usual delays and costs associated with traditional property sale with real estate companies and agents.
At Express Sale Dubai, we help property owners in various situations, including:
No matter how complex your mortgage situation is, we can provide a fast and fair cash solution.
Selling your mortgaged property is easier than you think. The process involves clearing the seller’s existing mortgage before the sale can be finalized. Here’s how we do it:
1
Contact us for a no-obligation cash offer, and we’ll evaluate your property and mortgage terms. During the evaluation, a liability letter from the lender will be required to determine the outstanding mortgage amount.
2
We make you a cash offer tailored to your unique situation. This will help you pay off outstanding payments while you walk out with some cash. The cash offer will be based on the property’s current market value and the outstanding mortgage amount.
3
We handle all the paperwork, talk to your bank about the resale, and you can get paid within a couple of weeks!
When it comes to selling mortgaged properties, we are the experts. Here’s why homeowners across Dubai trust us:
Receive your cash offer and close the sale within a couple of weeks. There’s no catch.
Stop the foreclosure process before it starts by getting a cash offer quickly.
We understand the complexities of selling properties with outstanding mortgages and know how to navigate the process smoothly with your bank. This process involves obtaining a property mortgage release letter from the bank once the mortgage is cleared. We specialise in this type of conveyancing.
We handle all the legal paperwork and involve your bank and solicitor, so you won’t have to worry. Additionally, obtaining an objection certificate from the property developer is necessary to ensure there are no outstanding payments.
No agent commissions or closing costs, ensuring you get the most from your sale. Our process complies with the guidelines set by the Dubai Land Department, ensuring transparency and no hidden fees.
In traditional selling methods, the process can be lengthy and involves multiple steps, including property valuation, listing, viewings and negotiations. In contrast, Express Sale Dubai simplifies this process significantly. Here’s a breakdown for you:
| Real Estate Company/Agent | Time |
|---|---|
| Find an agent to list your property |  7 Days |
| Photography / video shoot, editing, brochure and listing on property portals | 10 Days |
| Campaign setup, advertising emails, marketing to agents, social media advertising | 7 Days |
| Minor fixes to major renovations | 1 Week to a couple of months |
| Property Viewing and Accept the Offer | 1 to 6 Months |
| Conveyancing for Mortgage Buyers | 60 Days |
| Conveyancing for Cash Buyers | 7 Days |
| If only one party has mortgage | 30 to 45 Days |
| Express Sale | Time |
|---|---|
| Preliminary Cash Offer to Buy |  1-2 Days |
| Preliminary Offer Accepted | 1 Day |
| Official Bank Valuation Survey & Final Offer | 1 to 2 Days |
| Final Offer Accepted Based on Valuation Survey | 1 to 2 Days |
| Resale Secondary Mortgage | 3 to 4 Weeks |
Mortgage default can severely damage your credit score, while a quick sale allows you to avoid this.
Don´t pay, mortgage, insurance, rates, utilities month after month while you wait to see if your property sells on the open market.
We take over the payments for mortgaged properties, so you won’t have to worry about falling behind.
Mortgage default is a lengthy, stressful process. We provide a quick solution that reduces emotional strain.
Don’t let mortgage payments control your life. Contact Express Sale Dubai today and get a cash offer that can relieve you from financial stress and help you move forward. Our process is fast, easy, and designed to help you get the best deal possible.
Call us or fill out the form to receive your free, no-obligation consultation!
