Hussain Sajwani: Glitzily Sculpturing the Properties Industry

Hussain Sajwani is the founder of DAMAC Properties, an international property development firm. He is also the company’s chairman. Over the years, DAMAC Properties has been developing various high-end properties in the UAE.

Hussain Sajwani is a proud alumnus of the esteemed University of Washington. The executive started his career at GASCO as a contracts manager. Sajwani worked for GASCO, a unit of Abu Dhabi Oil Company, for a short period before establishing a catering company in 1982.

He is among those who started the property market expansion in Dubai. In the 1990s, Sajwani constructed multiple hotels to accommodate the influx of people coming to the UAE to trade. In 2002, after identifying a market opportunity, Sajwani founded DAMAC Properties. Read more:

The firm has grown to become a leading property development firm in the Middle East. Its growth is attributed to Sajwani’s expertise in marketing, finance, sales, administration, and legal matters. Read more: The Rise and Rise of DAMAC

Presently, the company is developing many prestigious projects in major cities of the world, including Dubai, Doha, Abu Dhabi, London, Riyadh, Beirut, and Jeddah. DAMAC Properties is a publicly-listed company. Its shares are traded in the Dubai Financial Market. The entity has employed over 2000 workers. In addition, the corporation is renowned for developing luxury projects. To date, the company has delivered more than 16,000 homes with an extensive portfolio of more than 44,000 units.

Hussain Sajwani loves to collaborate with different business leaders in offering clients with properties that satisfy their utility. One of his close business partners and friend is President Donald Trump. Recently, Sajwani posited that he was looking forward to doing more business with the Trump Organization.

Trump praised Sajwani and other business persons during his New Year speech that he delivered to the 800 guests at Mar-a-Lago. Hussain attended the event. In particular, he noted that Hussain Sajwani and his family are beautiful people. Trump and Sajwani partnered to develop Trump International Golf Club. Learn more about Hussain Sajwani Family: http://www.forbes.com/sites/kerryadolan/2016/03/01/the-donald-of-dubai-hussain-sajwani-interview/#1b049a722f15

Through DAMAC Properties, Hussain Sajwani has been supporting different philanthropic efforts, especially those that seek to help needy children. Recently, he donated AED two million to a Ramadan initiative seeking to cloth a million children from disadvantaged backgrounds globally. Mohammed bin Rashid Al Maktoum, the Ruler of Dubai, vice president, and prime minister of UAE launched the campaign.

How Does Nationwide Title Clearing Website Help Secure Property Reports

Title defects are ranked as one of the most frustrating barriers to smooth property transition in the real estate industry. Such defects not only cause wrongful foreclosures but in most cases stall seemingly fluid property sales. In the recent past, such cases have been on the rise resulting in a stream of complaints directed towards the Nationwide Title Clearing Inc. In response to this, the institution launched an updated website that allows the affected to file formal complaints and obtain title reports as well as make online orders regarding tax status reports and ownership history.

 

What are the leading causes of title defects?

Primarily, a title defect mostly occurs if two or more entities lay claim to the property represented by one title.  For instance, it may be caused by simple wording errors in the title document or failure to involve interested parties to the transactions such as spouses. Additionally, title defects can also be caused by previous liens on the title or inability to follow proper filing procedures when recording the ownership documents.

 

What makes the NTC reports reliable?

According to the NTC CEO, their land reporting system is based on research conducted the national land records and is accessible for every residential property in the country. He also stresses that the system relies on the human-verified property records from different counties across the country thus making them foolproof. Additionally, he argues that their asset reporting system is approved and accepted by most lenders across the country, thereby proving its reliability.

 

About Nationwide Title Clearing Inc

The Palm Harbor-based research and document processing company has over two decades experience serving the residential real estate industry with property reports. The company’s unblemished reputation throughout this period has earned it a position the leading service provider to mortgage lenders and investors as well favor with eight of the top 10 mortgage servicers in the United States.

 

To gain access to these land records, the company has had to fulfill all the county document requirements in over 3,600 recording jurisdictions. The company has also received recognition and awards from various reputable institutions for its continued commitment to the provision of excellent property reports including being ranked number 26 of the top 50 fastest growing companies in Tampa Bay.

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