13/09/2024
No Realtor Is Qualified To Sell Any Property To You If They Can’t Answer These 5 Questions 🔥
Before purchasing land through any realtor, it’s important that you ask brilliant questions.
The more intelligent questions you are able to ask, the harder it becomes for anyone to sell fake properties to you.
This is because like a pack of cards, they will stagger and fall once they know that you are knowledgeable about the real estate market.
To ensure you make no real estate investment mistakes you will live to regret, here are the top 7 questions you should ask before purchasing any land anywhere in Nigeria:
1 — How reliable is the realtor and real estate company?
An unreliable realtor is the worst person to patronize because all they care about is their sales commission.
If the realtor is not reliable, chances are, they will sell a land in dispute to you just to get their commission. Investigate the realtor and the real estate company.
If you are lucky to work with a good realtor, he or she will save you the stress of investigating the company because they must have done that.
2 — What’s the land title?
The title of the land is what determines how authentic the property is.
Just because a property has only deed of assignment and registered survey plan as its title (not really a title) doesn’t mean that the land is not genuine.
3 — What’s the actual size of a plot?
Different states and regions use different land sizes and measurements as their standard land
The land size will help you to know how much of a good deal the land is. It can also help you know if it will fit into what you desire to do with the piece of land.
4 — What is the exact location of the land?
Knowing where the land is located is important. Ask for the name of the community, the nearby landmarks and everything in between.
You can run a background check on the community to know if it’s a place you would like to build your wealth in. Otherwise, you can sell off the land and not develop it.
5 — Are there hidden fees I need to know?
Ask questions o.
Funnily enough, most real estate companies are never upfront about other charges. The only extra charge you should prepare for is called the development fee.
The development fee is charged based on the current value of building materials. Most developers don’t charge for it immediately
Whether you want to get a property in Anambra , Asaba, Port-Harcourt, Enugu, Imo or Abuja , I’m here this month of September to recommend my most reliable companies to you. Send me a DM or call