https://www.rapidpropertyconnect.com/tags/home-buyers/ Recent content in home buyers on RPC Hugo -- gohugo.io en-us Wed, 04 Nov 2015 14:20:07 +0000 https://www.rapidpropertyconnect.com/the-return-of-dibs-property-investorsbuyers-saviour/ Wed, 04 Nov 2015 14:20:07 +0000 https://www.rapidpropertyconnect.com/the-return-of-dibs-property-investorsbuyers-saviour/ What is DIBS? DIBS stands for Developers Interest Bearing Scheme where a property developer absorbs the loan interest of the purchaser during the construction period of a property. Brief history of DIBS DIBS scheme can be traced back to around year 2009 where developers were offering to property buyers to absorb loan interest during the construction period of a property. DIBS are popular amongst developers because it is a smart marketing tool which can be used to entice potential house buyers into believing that they have found a good financing deal, without being aware that in the event of project abandonment they are liable for the loan.