Posts in category "general"

Technology and the internet in particular have revolutionized the way we do things. It’s a digital world we live in and there are software applications for just about anything. Lately I scanned and emailed a tranche of my personal documents right from my phone. It is amazing how a phone now does everything a typical 'business centre' can boast of. No wonder this is not the best of time for cyber cafes and business centres.

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There seem to be some misunderstanding as to what precisely a "self-contained" apartment and a "mini flat" is. The purpose of this essay is to clarify the ambiguity surrounding the aforementioned notions.

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A bit of Psychology and good negotiating skill is a sine qua non for getting a good deal not just from a real estate agent but in every endeavour in life. It is normal for a business person to want to sell his product at the best price possible. This should not be an excuse for greediness. On the other hand, a buyer will also like to buy a product at the best price possible, of course not at the expense of quality. Negotiation, or more aptly, bargaining is an art and we need to learn the rudiments. This is secret behind one person getting a deal probably 20% less than what another person may have paid for the same thing.

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In my article - "Making the Process of Buying  Property in Nigeria Less Cumbersome", I posited that by virtue of the Land Use Act of 1978, all lands in the respective States of Nigeria, belongs to the State government. In the light of this, it is the prerogative of the State governor/government to determine what a piece of land can be used for. It beggars belief that via a fiat, a State government will displace an entire community that have lived in a particular place for hundreds of years, in some cases, with little or no compensation or alternative arrangement for the displaced people. When there is compensation, corruption makes it impossible for the money to trickle down to the rightful beneficiaries.

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Prevention they say is better than cure. In the light of this, this essay is an attempt to tack together, some salient and not so salient points to note and where possible to avoid while shopping for a real estate. It takes an old hand to swiftly decipher loopholes or issues that may rear their ugly head after a prospective buyer of a property may have taken the plunge.

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Log into Nigeria Property Centre and click on the "My Subscription" link as shown in the image below.

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Here's a quick side by side comparison of the features Nigeria Property Centre offers property seekers in Nigeria against those offered by Google Trader Housing.

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Here's a quick side by side comparison of the features Nigeria Property Centre offers property seekers in Nigeria against those offered by Nairaland Properties.

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As a foreigner living in Nigeria or a potential buyer wishing to build a new house, you will often find things are not done quite the way you are used to, and buying land is no exception. The first hurdle is understanding the system of land measurements in Nigeria.

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