#COMPLETED: EXECUTIVE TOWERS, 27F to 54F Mixed Use (Business Bay) - Page 82

steldxb · April 21st, 2013, 07:34 AM

Hi Sanjay
Thanks for the post - its definately interesting!
Can I ask - which bank are you transferring your mortgage to? I want to do the same as i'm currently with First Gulf Bank and they are still charging me a RIDICULOUS interest fee at 07/08 levels despite revised interest rates from the Central Bank over two years ago.
Are any banks doing 100% mortgage/negative equity transfer?
Thanks!

sanjaykumar · April 21st, 2013, 05:59 PM

The Bank is ADIB. I do not think any Bank would go beyond 80%.
Interest rate is 3.99% first year. 4.5% thereafter.

steldxb · April 23rd, 2013, 09:47 AM

TAZIZ CHASING FOR MONEY - Owners Associations are not formed yet! it reads "WHEN the registration is completed".

----------

Dear Homeowner,

As per our record your community service charge payment AED XXXXXXX towards unit no TET XXXXXX is due.

For those who have yet to pay, please note that you are obligated under Law 27 of 2007 to pay your service charge dues within the timeframe set in your invoice.

Owners who continue to leave their Service Charges unpaid will have their asset marked as a defaulting property and will be listed with the owners association as in default. This may result in potential interruptions to services provided and late payment fees.

Please be advised that we are obliged to list the units that have not paid in a special document that will be submitted to the OA and RERA for further action once the registration is completed. To avoid the impact of interrupted services, enforcement actions and any further penalties under the law, we urge you to please pay your dues.

Should you require any further assistance or wish to discuss settlement, please do not hesitate to contact bbet.servicecharge@taziz.ae

For your kind reference please note the given below easy payment options:

Bank transfer/Direct Bank Deposits:

You may make a bank transfer to the Community bank accounts with Emirates NBD as mentioned in your last year invoices. For Prompt Identification of funds and immediate accounting, kindly send us the bank remittance swift copy in case of bank transfers or copy of cheque deposit slip in case of direct cheque deposits to our email bbet.servicecharge@taziz.ae. Payments made in a currency other than AED, will be converted into UAE Dirham at our Bank's prevailing exchange rates.

Following are the community bank details for service charge payment.

Taziz Property Management Solutions LLC / BB Tower B OA (GF)
EMIRATES NBD
DUBAI SILICON OASIS, DUBAI, UAE
ACCOUNT NO. 1014388159803
IBAN: AE280260001014388159803
SWIFT CODE: EBILAEAD

Kindly settle your dues at earliest in order to avoid any late payment charges. Ignore this message in case if you have already settled your dues.

Sincerely yours,
For and on behalf of
Taziz Property Management Solutions

steldxb · April 23rd, 2013, 10:22 AM

ARABIAN BUSINESS:

Nothing 'tangible' has come from RERA - top lawyer

http://www.arabianbusiness.com/nothi...er-498975.html

Could have told them that years ago!

steldxb · April 25th, 2013, 08:50 AM

Quote:

Originally Posted by sanjaykumar

The Bank is ADIB. I do not think any Bank would go beyond 80%.
Interest rate is 3.99% first year. 4.5% thereafter.

Hi Sanjay - I am interested to explore the offer from ADIB. Who is your contact at ADIB for mortgages?

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April 21st, 2013, 07:34 AM	#1621
steldxb Registered User Join Date: Sep 2008 Posts: 273 Likes (Received): 1	Hi Sanjay Thanks for the post - its definately interesting! Can I ask - which bank are you transferring your mortgage to? I want to do the same as i'm currently with First Gulf Bank and they are still charging me a RIDICULOUS interest fee at 07/08 levels despite revised interest rates from the Central Bank over two years ago. Are any banks doing 100% mortgage/negative equity transfer? Thanks!

April 21st, 2013, 05:59 PM	#1622
sanjaykumar Registered User Join Date: May 2007 Location: Dubai Posts: 8 Likes (Received): 0	The Bank is ADIB. I do not think any Bank would go beyond 80%. Interest rate is 3.99% first year. 4.5% thereafter.

April 23rd, 2013, 09:47 AM	#1623
steldxb Registered User Join Date: Sep 2008 Posts: 273 Likes (Received): 1	TAZIZ CHASING FOR MONEY - Owners Associations are not formed yet! it reads "WHEN the registration is completed". ---------- Dear Homeowner, As per our record your community service charge payment AED XXXXXXX towards unit no TET XXXXXX is due. For those who have yet to pay, please note that you are obligated under Law 27 of 2007 to pay your service charge dues within the timeframe set in your invoice. Owners who continue to leave their Service Charges unpaid will have their asset marked as a defaulting property and will be listed with the owners association as in default. This may result in potential interruptions to services provided and late payment fees. Please be advised that we are obliged to list the units that have not paid in a special document that will be submitted to the OA and RERA for further action once the registration is completed. To avoid the impact of interrupted services, enforcement actions and any further penalties under the law, we urge you to please pay your dues. Should you require any further assistance or wish to discuss settlement, please do not hesitate to contact bbet.servicecharge@taziz.ae For your kind reference please note the given below easy payment options: Bank transfer/Direct Bank Deposits: You may make a bank transfer to the Community bank accounts with Emirates NBD as mentioned in your last year invoices. For Prompt Identification of funds and immediate accounting, kindly send us the bank remittance swift copy in case of bank transfers or copy of cheque deposit slip in case of direct cheque deposits to our email bbet.servicecharge@taziz.ae. Payments made in a currency other than AED, will be converted into UAE Dirham at our Bank's prevailing exchange rates. Following are the community bank details for service charge payment. Taziz Property Management Solutions LLC / BB Tower B OA (GF) EMIRATES NBD DUBAI SILICON OASIS, DUBAI, UAE ACCOUNT NO. 1014388159803 IBAN: AE280260001014388159803 SWIFT CODE: EBILAEAD Kindly settle your dues at earliest in order to avoid any late payment charges. Ignore this message in case if you have already settled your dues. Sincerely yours, For and on behalf of Taziz Property Management Solutions

April 23rd, 2013, 10:22 AM	#1624
steldxb Registered User Join Date: Sep 2008 Posts: 273 Likes (Received): 1	ARABIAN BUSINESS: Nothing 'tangible' has come from RERA - top lawyer http://www.arabianbusiness.com/nothi...er-498975.html Could have told them that years ago!