Purchasing a house and land for sale is a significant decision that must be carefully considered because there are numerous variables at play. One of the riskiest kinds of investments in Nigeria is in real estate, particularly given the country’s murky regulatory environment. It takes a lot of time, money, and work to afford a piece of real estate, therefore getting conned should be avoided.
The country’s housing need has been estimated at 17 million units for many years. Various estimates have ranged between 20 million and 22 million in recent years. The Federal Mortgage Bank of Nigeria and the International Human Rights Commission’s most current estimate is 28 million units.
A small error could cost you your entire life’s savings or other hard-earned funds. But don’t worry; there are steps you can take to safeguard yourself from falling for a land scam.
It is crucial to do extensive research on potential investment partners. In fact, it should be your primary priority. Since thorough research will disclose many secrets about the real estate firm or family you are purchasing a property from, you can make a smarter selection armed with this knowledge.
Seek registered real estate professionals
In order to engage, look for experts who have expertise and experience in the field. The authorized estate surveyors and valuers are the experts you should use. Prior to making the listings public, they have a method of performing due research on the houses up…
