Posts with tag "tips"

Without boring you with dictionary definitions, estate agency is a fiduciary relationship whereby a person (referred to as ‘an estate agent’) act as an intermediary between a principal (property owner/landlord) and another party (property buyer/tenant).

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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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In the preceding part of this essay, I shared about six tips you need to consider, know while before renting an apartment/office space in Nigeria, here is five more points for you.

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Preamble

Searching for and renting an apartment in Nigeria is undoubtedly an arduous task. The Nigerian Public Space is awash with acerbic and nasty tales associated with renting. A lot of people have fallen and continue to fall prey to the caprices, schemes of some unscrupulous so-called "Estate Agents" and landlords hence the need to bring this to the front burner. A while ago, a family friend "lost" a substantial amount to a so-called "estate developer" that absconded with his money and that of five others.

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Here are some things to consider before you buy any piece of land in Nigeria.

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CASE STUDY NO.1 (DODGY SURVEYORS)

Everyone knows that I have been a foremost promoter of doing a survey plan search with a surveyor before buying and if possible going to the land with an Alausa Surveyor to confirm whether it is free from acquisition or not. Well I also fell victim of dodgy surveyors I recommended to people that ended up colluding with the omoniles to decieve buyers and me. Such instances occured in Okun Ajah, Mopo Ibeju, Sangotedo, Ikorodu, lafiaji, Eputu, Akowonjo and Mowe.

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Quite a while I wrote an article on Nairaland relating to property issues and to be honest I've learnt more tricks from land fraudsters in 2010 than I could ever imagined. I thought I knew every trick in the book and how to deal with them but they kept on coming at me like a heavy downpour and I couldn't catch my breath in most situations. In fact it was so bad that I almost gave up handling property matters and questioned my competence in some instances. I have taken a long time to soul search and ponder how to make 2011 more successful and also let people know the tricks and inherent dangers in not doing a thorough search for a property and also lowering your guard in trusting people when it comes to property matters because once they see that slight opportunity that you trust them, they will hit you hard.

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You can have your property listings on Nigeria Property Centre automatically posted to Facebook, Twitter and LinkedIn when you add a new listing or refresh an existing one. To set this up, follow the steps below.

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Looking to breathe new life into your walls?

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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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