Abo Homes

01/10/2024

10/09/2024

If you want to buy a property in Nigeria and have part of the money. Get the best guide with one free consultation, the cheapest loan rate in nigeria for all employees is still possible!
Call us on 09162665981.

05/03/2024

Property Purchase Sentiments
Property buyers always have a sentiment that attracts them to purchase a property. The sentiment for purchase varies from one buyer to the other, while in some cases its a combination of sentiments that leads to the actual purchase of a property. Below are some of the sentiments we are considering in this material though not exhaustive.
1) Location: Proximity to major landmarks like recreational centers, supermarkets, Airport religious organisations
Investment: Some property buyers are after not particularly tripped/carried away by location, Investment is their sentiment, answers to the following questions are more likely to inform their decision making; is this property going to appreciate in the future or not, how well can the property appreciate, ease of sale for investment buyers is a key consideration for purchase.
2) Price/Value: On many occasions the buyers feel persuaded to buy a property if they perceive the property to be of high quality and place great value on it. many a times investment tilted buyers fall within this group of sentiments too.
3) Search Status: Informed buyers as we put it put up a precondition/sentiment far above other sentiments and that is the Search Status. They usually want an assurance that the proposed property is free from encumbrance(s). This implies being sure it's free from any litigation varying from bank loan collateral, Legal dispute or government restrictions or being part of government acquired area.
Finally, there are other sentiments that play part in the purchase decisions of different property buyers but you are advised as a prospect buyer to follow through the process that satisfies your sentiment.

Prepared By: Kehinde Adedeji

28/02/2024

How to Buy A Property Now With Mortgage
You do not need to have the whole money now to buy the house of your choice. What is Mortgage, "Mortgage loan is a loan of agreement between you the buyer and the lender or bank, the lender takes your property if you fail to repay as agreed". Mortgage allows you to buy and take possession of the property immediately. Once you are able to fulfill the requirements some of which are: have your equity(part of your contribution) and you are still working and earning, you are good to go provided you factor in all other steps.
What then is equity? Equity is the portion of your property cost that you have prepared or saved up, it could be from 10% - 50% of the cost of the property. This equity forms part of your total payment for the property of your choice.
Property developers and financial institutions requires you to have some equity to show your commitment towards the property of your choice. You will do well to factor in agency fees depends on if you are using the service(s) of professionals in choosing your property. Agency may be between 5% - 10% of the property cost.

Prepared by: Kehinde Adedeji

23/02/2024

Property Next of Kin - Free Will
When you are buying a property be it land or house it forms part of your estate and there are unique considerations that goes with it.
This is a section of buying property that is seldomly treated with a quality input of what is expected after the buyer has gone or is no longer alive.
Suitable for this role are the following:
Spouse
Son (Activated 18 years)
Daughter (Activated 18 years)
Brother
Sister
Parents
Grandparents
Uncle and Aunt
Your choice should align with your plan for your family when you have gone and or also align with your will.
When you must have gone to the great beyond will a will, then, those stated in your will will be given your Properties but if without a Will which is referred to as dying interstate. Your next of kin is first to be considered to inherit your asset(s) and property.

Prepared by Kehinde Adedeji
For Abo Homes

19/02/2024

Theme: Good Title is very Vital for that property Before you buy it.

We causally call this documentation side of property purchase "buying intelligently" . Good title/documents is like the healthy soul of the property you planning to buy. If it's wrong the beautiful property is worthless, if it's right then you are comfortably covered.

Painfully, majority of individual property buyers in Nigeria don't pay close attention to this part of the property purchase process.
Good property titles are as follows:
Certificate of Occupancy (C of O), Deed of Assignment, Deed of Sublease, Deed of Conveyance, Power of Attorney, Right of Occupancy (R of O), Letter of intent.

The title of the property varies from one location to the other even within Nigerian states. The above mentioned titles are the type of registered titles your property must have one of it, if not it's looking bleak , not safe, seek a professional advice if you are not sure at this point. Be sure to do your search first with the current title you are being offered.

12/02/2024

The cheapest Mortgage loan in Nigeria is 6% and it can be used to purchase a readily habitable property or apartments has and it's called "NHF Loan" which is powered by (FMBN) Federal Mortgage Bank of Nigeria.
You are required to be a contributors to the NHF housing scheme and be ready for the equity.

05/02/2024

We help you get your House/Property easily.
We help you access Mortgage loans from Primary Mortgage Banks in Nigeria
We showcase some properties with proper titles.
Kehinde Adedeji

05/02/2024

3 Bedroom Flat at Iponri Surulere behind Leadway Insurance Head Office Iponri. Price is N68M