21/05/2024
SIX ADVANTAGES OF BUYING A PROPERTY FROM A REAL ESTATE COMPANY.
1.1. You are Free from Omo-onile issues
When you buy land from a real estate company, you are free from the dreaded omo-oniles.
You have no business with them and you cannot get into their trouble.
You will be dealing with professionals who know how to deal with the omo-oniles and must have settled all their fees
2. No unnecessary fees
When you buy land from an omo-onile, they don’t tell you about any additional fees until you pay for the land.
Then you start hearing of additional fees like signing fees, foundation fees, roofing fees etc.
In most cases you will keep paying some unnecessary fees until you get fed up.
With real estate companies, there are extra compulsory fees that all investors pay; after paying these fees, that’s all.
3.All documentations are done for you
With Real estate companies, you don’t have to contract a lawyer to prepare the necessary documents for the land transaction.
The company does the documentation in your favour. The only document you should get yourself however, is a governor’s consent (link).
4. You land cannot be resold
When you buy from a real estate company, you can rest assured that your land can never be resold even if you pay in instalments.
You can’t be assured of this if you buy from an omo-onile
5.5. You can pay in instalments
Real estate companies offer flexible instalment payment plans to people who cannot afford to pay outright.
This could be helpful, provided you are dealing with a good company.
Bonus: “Never pay for an omo-onile land in instalments!”
You might just be entering a hole that you may never come out from.
They will keep increasing the cost of the land whenever you are close to completing the payment for the land and when you ask for a refund of your money, they will tell you to wait till they sell other lands; which may never happen.
6. You won’t have to worry about surveying the land by yourself or worry about development such as drainage, roads, light etc.
The company handles all that.
You are however required to pay some fees for survey and development which is usually lower than what you’d pay if you did all that yourself.
That’s it!
Although all these are true, it is also true that there are “fraudulent” companies around.
There are also companies that are not actually fraudulent but are just after selling their lands without caring about the future of their clients.
It is pertinent to look at the heart of a company, its management and history before making buying decisions.
So for more enquiries : ☎️ 09030957231
