Did you conduct Proper research before buying your property? How sure are you that your Agent, surveyor, or lawyer has given you the right information about the property you are about to acquire? Many investors have asked me this question, and I’m going to answer it in this post. One of the best ways to […]
In Nigeria, the struggle between the Landlord and Tenant is a common occurrence. This is mainly because they do not know their rights and those of the other. If their rights are known to them things will be a lot easier. The rights of a Tenant are: Right to a Property: It is seemingly impossible […]
One important thing you need to know about getting a Certificate of Occupancy (C OF O) is that it takes time. You may have to wait from 6 – 18 months to get the document signed by the Government. The best thing to do is to get all other legal documents intact while waiting for the C of O to get approved. Also bare in mind that you can as well collaborate with a group of land owners in your area to apply for a “Global C OF O”.
Investing in land and buying land is not a well-understood concept. Most people don’t know for sure how land buying works. And even fewer people understand how investing in land is a smart strategic move for diversifying your portfolio. You don’t want to be one of these people. There are lots of people who have […]
One of the most frequent Real estate risk experienced in Nigeria is Property Encumbrance/ Property loss. Most Nigerians may not have been scammed by agents, but they lose their properties due to improper research. You may want to invest in Real Estate but at the same time, you might have different worries. See: How to […]
What is a Survey Plan Document? In real estate transactions, a land survey is one of the documents and real estate investors, or let’s say every land and property must-have. If you don’t have survey means your land is not well registered. A survey plan is used to show the location and size of the landed property. […]
What Is an Encumbrance? An encumbrance is a claim against a property by a party that is not the owner. An encumbrance can impact the transferability of the property and restrict its free use until the encumbrance is lifted. The most common types of encumbrance apply to real estate; these include mortgages, easements, and property tax liens. […]
Have you wondered why you should buy land from a real estate company? Is it safe or not! Then this post is for you. Let’s start by defining what a Real Estate Company is: A Real Estate Company is a registered entity doing the business of buying, selling, and managing properties. Here are the reasons […]
Income Security: With the high rate of retrenchment and economic downturn happening around, you need income security beyond your normal income. Owning a landed property gives you genuine income security against rainy days. Income Generating Options: “Never depend on a single income, invest in creating a second source,” as fondly stated by Warren Buffet. You’ll […]
Why should we buy plots of land in Purissima estate? This has been a recurring question from our prospects. In response to this, we have put together five (5) reasons why anyone should invest in Purissima estate. It is Situated in a Strategic Location: The main driver of development in an area is the presence […]
