Posts

SOMETHINGS YOU SHOULD KNOW

Image
8 THINGS YOU SHOULD KNOW BEFORE BUYING A HOME
1.Decide location versus space before searching for a home.
One of the most difficult decisions to make when buying a house is choosing the perfect location or the adequate amount of space needed for the family. More often than not one of the criteria will not be met by one particular house. Since you will fall somewhere in between, it is likely that you will either pick the furthest comfortable distance or the smallest comfortable space. It just depends on whether space or distance is what you are looking for. The most important thing is to make a clear decision on it before the search for a home begins.
2.A down payment is never a bad investment.



     A down payment is an upfront payment you make to purchase a home.Too many homeowners learn once they take on those monthly payments just how much of a strain they put on their budget. A larger down payment means you can start out with a smaller loan balance, which will not be as stressful on t…

BENEFITS OF BUYING A NEW HOME

Image
Should I buy a new home or an older home? It's a question that troubles many home buyers. Typically, new or primary are the ones which are acquired directly from developers, and a resale or secondary homes are the properties that have had a previous owner. Buying a new-build home can be a great choice, no matter what stage you are at in life. Whether you’re a first-time buyer, a growing family or retiree, there are lots of great new options out there.

The Advantages of Buying a New Home

1.Affordability Affordability is the major step to be considered by home buyers. Potential property seekers may prefer resale homes thinking to pay less, but they have to anticipate that there are various other amounts to be paid like registration fee, transfer fee, utility charges, etc. Also, resale homes require repair and maintenance. On the other hand, first-hand homes that are constructed in upcoming locations or suburbs will cost you lesser when compared to resale homes in established localities …
Image
IS YOUR HOUSE TRYING TO KILL YOU?

So many people after investing in real estate, end up asking themselves one question: "What Kind of house did I invest in?" that is definitely a question of regret. Nobody wants to invest in real estate and then starts spending even more money to renovate it year in year out.

There is no doubt that buying a house is one of the best investments on earth. But it can also be the worst if you don't invest in the right house.
Here are some things you need to check before investing in that house:

1) How Old is the House? This is one important question you need to ask your realtor. The older the house the more problems it is likely to have and the more renovating you would need to do. Make sure the house you are investing in is not too old or better still, go for a newly built house where you need little or no renovation until after 10 to 20 years.

2) Exterior Cracks and Tilts: Check out for little cracks on the walls, because little cracks leads…
Image
LATEST REAL ESTATE TRENDS IN NIGERIA
If you're thinking of house shopping, or have already invested in that house, then here are some modern trends in the real estate market that you should really know about.

1) Increase in price: Like it or not, this is one trend in real estate that will never die. With each passing day, month and year, the price of real estate keeps increasing. The longer you wait to invest in real estate, the more expensive it becomes. "The best time to buy a house is always 5 years ago; the second best time is now"

2) Mortgage: So many people really want to get a home now, but because of the increasing price in real estate and less finance from their end, they delay in buying their dream home and it becomes more expensive or sold out. But with a mortgage plan, you can get your dream home now and pay back your loan later. Real estate companies with mortgage plans in Nigeria are already on top of their game with this new trend.

3) Eco friendly environment…
Image
RENTING VS BUYING A HOME
 "To rent or to buy a home" This is one decision many people struggle with. While some people may not have a choice but to rent a home because of the financial commitment involved, others that have the finances do struggle with the decision to either keep renting or to just buy their own home.

While renting may look easier and cheaper than buying a home, renting actually happens to be more expensive. Renting is you working for 24 hours a day, 7 days a week just to pay your landlord. His money is working for him because he invested in real estate, while you keep working for money to pay him.
 Here are some reasons why buying that home today is the best decision.

1) Investment: Unlike a car or other purchases that decrease in value, a house is a purchase that appreciates over time. As time goes by the value of your house continues to rise. A house that was sold for 10 million in 2017 is now selling for 20 million in 2019. This tells you how the value of …
Image
WHY YOU SHOULD INVEST IN ECO-FRIENDLY HOMES

Many people move into houses without considering the environment and the materials used in building. Before moving into that new house ask yourself "is it an Eco-friendly home?'

An Eco-home is a home that has a low impact on the environment and is built using materials that have no carbon footprint (which is harmful) and reduces consumption of energy due to air pollution, water pollution and solid waste disposal. Here are some of the benefits of an Eco-home:
Healthy environment: One of the greatest benefits of an Eco-home is that it has no harmful chemicals or environmental pollutant. This is because most common products for building contain harmful substances. Therefore Eco-friendly choices make your home a healthier choice for your family.

Less maintenance: An Eco-home is easy to maintain because of the green building materials used (such as bamboo, straw, dimension stones, recycled stones, recycled metal and other products that ar…
Image
WHY INVEST IN REAL ESTATE?
You tell people to invest in real estate and they say, "I already have a house, why should I buy another?"
Paulson John said, "If you don't own a home, buy one, if you own a home, buy another if you own two homes buy a third and lend your relatives the money to buy a home."
 Armstrong Williams also said "Real estate provides the highest returns, the greatest values and the least risk"





Real estate investment remains the safest and quickest way to make money and it will never be stolen from you. Let me tell you why you need to buy another house.
Mr. Peter and Mr. Paul had 10 million naira each. Mr. Peter decided to buy a house with his own 10 million naira even though he already has a house of his own that he lives in with his family, while Mr. Paul decided to buy his luxurious dream car and go on that expensive vacation he has been dreaming about because he already has a house of his own, and his family is comfortable. Two yea…