How to Find Distress Deals in Dubai (Best Deals from Motivated Sellers)
For those looking for rare and below market value opportunities, distress deals are the way to go. But where to find them and how to make sure the numbers are factual? Most often, the best distressed deals come from motivated sellers who appreciate speed and a certain deal above the highest possible price. In this guide by Dxboffplan, you are going to learn what distress deals entail and where to look for the listings. We would also share the best tips on how to avoid fake discounts that might look tempting on the paper but are not the kind of bargains you are after. What Is a Distress Deal in Real Estate? To put it simply, a distress deal is the kind of property transaction where the seller, for various reasons, is under pressure to sell quickly. Valid listings belonging to real distress deals aren't necessarily cheap, they simply reflect the sellers urgency to sell the property. For instance, a seller might own a 1 bedroom apartment in Dubai and due to financial obligations, in a rush to close the deal within 2–3 weeks. That kind of seller most often agrees to an offer 5–15% below the market value to
