13 QUOTES ABOUT REAL ESTATE THAT WOULD INSPIRE YOU TO INVEST IMMEDIATELY.

Are you thinking of investing in real estate but you are not fully motivated about it? Here are some quotes and sayings by some rich and famous people that would make you wonder why you've not invested in real estate all this while, and will inspire you to start investing in real estate immediately.

1. "Real Estate is an imperishable asset, ever increasing in value. It is the most solid security that human ingenuity had devised. It is the basic of all security and the only indestructible security." - Russell Sage

2. "The best investment on earth is earth." - Louis Glickman"

3. "The best time to buy a house is always five (5) years ago." - Ray Brown

4. "Real Estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, is about the safest investment in the world." - Franklin D Roosevelt

5. "Owning a home is a keystone of wealth... both financial affluence and emotional security." - Suze Orman

6. "Real Estate investing, even on a very small scale, remains a tired and true means of building an individuals's cash flow and wealth." - Robert T Kiyosaki

7. "Ninety percent (90%) of millionaires become so through owning real estate." - Andrew Carnegie

8. "Landlords grow rich in their sleep without working." - John Stuart Mill

9. "Don't wait to buy real estate, buy real estate and wait." - T. Harv Eker

10. "Buy land they are not making them anymore." - Mark Twain

11. "Real Estate provides the highest returns, the greatest values and the least risk." - Armstrong Williams

12. "Buying Real Estate is not only the best way, the quickest way, the safest way, but the only way to become wealthy." - Marshall Field

13. "If you don't own a home buy one, if you own a home, buy another one, If you own two homes, buy a third. And lend your relatives the money to buy a home." - John Paulson

If you are still not inspired to invest in Real estate after reading this, then you have no dreams of becoming wealthy. It might look expensive right now but "Don't think of cost, think of value and investment."



We at WHITE AVENUE REAL ESTATE can help you start that investment, visit us @ 5th floor Yobe Investment House, plot 823 Ralph Shodeinde Street, Central Business District, Abuja. Or call us on 08187845406, 09099582911

BONUS QUOTE

"Stupidity is when you have a land Rover and a Land Cruiser and still have a Landlord." - Anonymous

For more information on real estate visit whiteavenuegroup.blogspot.com


Juliet Isa
Customer Care Representative,
White Avenue Group.
07038372568

TOP FIVE (5)  REASONS WHY YOU SHOULD LIVE IN ABUJA AND RUN AWAY FROM LAGOS.

I know lots of people must have told you how Lagos is the land of opportunities, it is the city that never sleeps, and the cost of living in Lagos is less expensive. But did anyone ever tell you that living in Lagos can be hell?
If you are thinking of relocating, buying or building a house in Lagos, hold that thought! Because you might not survive Lagos. Here are top 5 reasons where you should relocate/buy real estate in Abuja and not Lagos.


1. POPULATION: Lagos is the smallest state in Nigeria and yet the most populated state in the country, with a land mass of 3,345 km2, and a population of over 21 million people and still counting, you don't need any spiritual help to know that the poor small state is over populated, over crowded and very rowdy. Lagos is definitely over complete and cannot entertain any more guests or people planning to move in permanently, that is why the city never sleeps, because it is full of people who are living under the bridges and at the corners of the street.
Meanwhile Abuja is one of the biggest cities in Nigeria, with a land mass of 7,315 km2, and a population of over 1.4 million people, Abuja definitely has enough room to accommodate guests, and anyone planing to live there permanently. With more beautiful houses sprouting out of the ground everyday and more developments coming in everyday, Abuja is definitely a paradise to live.

2. TRAFFIC! TRAFFIC!! TRAFFIC!!! This is the worst and most popular feature the city of Lagos is known for. These is the major reason why living in Lagos is hell, as small as the city is, it can take you close to 2 - 3 hours to cover a little distances of 30 kilometers.When it comes to heavy traffic, Lagos has no competition. People living in Lagos wake up as early as 4am, just to beat traffic, and get home as late as 10 - 11pm. Because of the rate of heavy traffic, moving around in Lagos has become nearly impossible. No wonder the city is one of the World's top 10 most difficult cities to drive in.
While the residents of Lagos lack good sleeping time, Abuja residents are having enough rest and sleep, waking up by 6am to begin the day and getting home as late as 8pm. Because they don't have to worry about beating traffic. With Abuja being a well planned city, it has good road network, and easy access to any destination of your choice. Moving around in Abuja is always easy and stress free.



3. COST OF TRANSPORTATION: The heavy traffic in Lagos comes with high cost of transportation. Lagos is the only city where the cost of transportation in the morning differs from the cost of transportation at noon and at night, the cost of transportation during sunshine differs from the cost of transportation when it is raining. In Lagos you can not estimate how much you will spend on transport in day, because the same distance that costed you N200 in the morning can cost you N500 at night.
While the cost of transportation in Lagos changes like a chameleon, Abuja cost of transportation remains the same no matter the time or season. This is one of the advantages Abuja residents enjoy when it comes to cost of living compared to Lagos.



4.  SECURITY: This of cause is one sure advantage Abuja has over Lagos, with Abuja being the seat of power, the home of the President of Nigeria, the home to over 101 foreign embassies and high commissions, and with the headquarters of ECOWAS located there, there is no doubt that Abuja is well secured and very safe to move around even at midnight. But you can't say the same for Lagos, a city where all kinds of crime is possible.



5. SANITY: Have you ever heard the term "Everybody living in Lagos is mad"? That's so true. The heavy traffic, the over population and the rowdiness in Lagos, can make any sane person go insane. Due to the over population, heavy traffic and flood during the raining season, Lagosians always find themselves shouting, cursing and pushing each other everyday.
Now that's one thing you cannot find in Abuja, since there is enough space for everyone, residents of Abuja have nothing to drive them insane.



If you are still thinking of relocating to Lagos, then be prepared to be insane, lose your sleep, and risk your security. And one more bonus point why you should move to Abuja:
BEAUTIFICATION AND CLEANLINESS: Abuja is far more beautiful and cleaner than any state you've ever been to in Nigeria, of cos you cannot expect less from the Federal Capital Territory of Nigeria. A visit to Abuja will convince you.

If you are thinking of real estate investment or owning a home in Abuja, visit us @ White Avenue Group, 5th Floor Yobe Investment House, Plot 823 Ralph Shodehinde Street, Central Business District Abuja.Or call us on 08187845406 or 09099582911.

visit whiteavenuegroup.blogspot.com for more information about real estate.


Juliet Isa,
Customer Care Representative,
White Avenue Group Abuja.

TOP FIVE (5) MOST EXPENSIVE NEIGHBORHOOD IN NIGERIA 

With the rapid growth in real estate, there is no doubt more and more people are investing every day in one of the world's most lucrative, safest, and surest ways to make money (Real Estate). No wonder houses are becoming more expensive to buy everyday.
 If  you are thinking of investing in real estate, or buying your own house, here are some of Nigeria's top five most expensive place you might want to take a look at.

1. BANANA ISLAND, LAGOS

This man-made island shaped like a banana is one of Nigeria's most extravagant and luxurious locations. And its home to some of the richest men and women in Nigeria and in the world like:

Aliko Dangote, Bola Ahmed Tinubu, Mike Adenuga, Linda Ikeji, Iyabo Obasanjo, Psquare , Kola Abiola etc.

With the caliba and class of people living in Banana Island and price of houses ranging from two hundred and fifteen million naira,  (N215,000,000) to eight hundred and fifty million naira (N850,000,000), Banana Island is surly one of the most expensive neighborhood to live in Nigeria.

2. MAITAMA, ABUJA

This is one major distirct of Abuja, it is the home of the "Jagaban's" and top politicians in Nigeria. It is also the home of one hundred and one (101) foreign embassies/High commissions in Nigeria like Australian High commission, British High commission, Canada High commission, Belguim embassy, China embassy, Spain embassy, France, Finland, Italy, Isreal, Greece, Turkey, Ireland, South Sudan, Japan etc. 

With all these embassies located there, and the crem-de-le-crem living in Maitama, no wonder it is among the top five most expensive real estates in Nigeria, with the price of houses ranging from eighty five million naira (N85,000,000), to 1.5 billion naira (N1,500,000,000).

3. ASOKORO, ABUJA

ECOWAS SECRETARIAT

ASO ROCK

PRESIDENTIAL VILLA

This one of the highest class, most safest and secured place in Nigeria, with the president of the the federal republic of Nigeria living 

there at the Presidential Villa in Aso rock, and the ECOWAS secretariat located there. There is no doubt security will be top notch. It is also the home to some past and serving ministers and senators of Nigeria. With house prices ranging from sixty five million naira (N65,000,000), to 2.7 billion naira (N2,700,000,000).

4. JABI, ABUJA

JABI LAKE

JABI LAKE MALL

 This is a city in a city, it is one of Abuja's beautiful and fastest developing place, and it  holds some of Abuja's most beautiful hang outs and restaurants like the famous Jabi lake and Gardens & Jabi lake mall. With house prices ranging from forty five million naira (N45,000,000), to two hundred million naira (N200,000,000), there is no surprise Jabi made it to this list as one of the most expensive real estates in Nigeria.

5. LEKKI, LAGOS

This is a natural formed peninsula and one of Lagos most beautiful places and tourist area, it holds the National Theater, Nigeria National museum, LEKKI conservation Center, Lekki leisure lake, Elegushi Beach, New Afrika Shrine, Tarkwa Bay Beach etc. And it's home to some of Nigerians celebrities like KCEE, Ayo Makun (AY), Don Jazzy, Genevieve etc.

With house prices ranging from thirty three million naira (N33,000,000), to one hundred and forty five million naira (N145,000,000), the Lekki peninsula deserves to be on this list. 

So if your are thinking of real estate investment you know where to look, and we at WHITE AVENUE REAL ESTATE are here to help you build your dream homes in the best parts of Abuja. Visit us at White Avenue Group, 4th Floor Yobe Investment House, plot 823 Ralph Shoehinde Street, Central Business District, Abuja. 

Visit our site also whiteavenuegroup.blogspot.com for more information on real estate.

Juliet Isa, 

Customer Care Representative,

White Avenue Group, Abuja.
07038372568

TOP THREE (3) REASONS TO INVEST IN REAL ESTATE.

"Buying real estate is not only the best way, the quickest way, the safest way, but the only way to become wealthy". - Marshall Field

Every smart thinking person wants to GROW A BUSINESS, MAKE MONEY and SAVE MONEY for the future. These are the 3 main reasons why you should invest in real estate.

1. GROW A BUSINESS: "Don't wait to buy real estate, buy real estate and wait" -T. Harv Eker. 

With the increasing price of houses yearly, you can buy and re-sell your house every year and make millions from it. Just buy that house wait next year, sell it and see the crazy profit you will make from it. 

"Real estate investing, even on a very small scale, remains a tired and true means of building an individual's cash flow and wealth" - Robert .T Kiyosaki.   

There is no business that is so profitable and stress free at the same time.



2. MAKE MONEY: "90% of all millionaires become so through owning real estate" - Andrew Carnegie

A lot of people don't know that real estate is a huge form of investment, buying real estate is not just for the sake of having a home, you can also make money through it. You can buy a house, put it up for rent and make great profits from it yearly. 

Like John Staurt Mill said "Landlords grow rich in their sleep".



3. SAVE MONEY: "The wise earner of today invest his money in real estate" - Andrew Carnegie   

Money saved in real estate can never be lost or stolen, it is the best and safest place to save future wealth for your children and your generations yet unborn. Your family will always be grateful to you and will forever remember you for leaving such wealth for them even when you are no more.

"If you don't own a home, buy one, if you own one, buy another. If you own two homes, buy a third. And lend your relatives the money to buy a home". - John Paulson

So why not save that money now in real estate and leave a legacy for your generations yet unborn.

"The greatest investment on earth is earth itself" -Louis Clickman.

Call us at WHITE AVENUE GROUP to start that investment in real estate today. 
Or visit us @ 5th floor Yobe Investment House, plot 823 Ralph Shodehinde Street, Central Business District Abuja.

"The best time to buy a house is always five (5) years ago" - Ray Brown 

For more information on real estate investment visit  whiteavenuegroup.blogspot.com

Juliet Isa
Customer Care Representative, 

White Avenue Group, Abuja.

07038372568

TEN (10) THINGS TO CONSIDER WHEN BUYING A NEW HOME

TEN (10) THINGS TO CONSIDER WHEN BUYING A NEW HOME

Moving to a new state or country can be as stressful as it is exciting. There are a lot of things to do and several steps to take especially when moving with family. One of the most important things,  however, is getting a new home for you and your family. While moving to a new location, it is always better to buy a house than to rent. This of course depends on a number of factors like duration of stay and career flexibility. In any case, there are some pertinent things to consider whenever you go house hunting in a new location. Whether you are moving into or away from Abuja, here are 10 things to consider when buying a new home.



1.  LOCATION! LOCATION!! LOCATION!!! This factor cannot be over emphasized, it is the most important factor to consider when buying a new house. Ask yourself, do i want to stay in a Rural or Urban area? Do i want to live in an island or in a farm? When you can answer this major questions, then you know where you want your house to be located.

2. QUALITY: Most people just get a house and don't care about the shape and quality of the house. As important as the location of your new house is, the quality and good shape is more important. A house is a shelter, and should protect you from cold, rain, sunshine and other harsh weather conditions. If that house is falling apart or not in good shape, then don't move in. Unless you are ready to keep renovating year in, year out.


3. SECURITY: This is one of the most important factors to consider before signing that cheque for your new home. Everybody wants to feel secured and safe while sleeping at night. and to travel with peace of mind knowing that your property and house is safe. Does your new home or neighborhood have any history of  burglary or robbery, or is it prone to robbery attack? This is one important question you should ask.  If your new house lacks good security around it, then you are not safe.



 4. NEIGHBORHOOD: While the location is very import,also consider the kind of neighborhood you are moving into; do you want a noisy and loud neighborhood or a tranquil place? Do you want your children to mix up with the wrong peer group or with the right peer? The class and type of people who live in your neighborhood will determine if you will enjoy your new home or not

5. FACILITIES: Health is wealth, a sport facility in your neighborhood will definitely help you improve your healthy life style like; a gym, football pitch, basketball court, tennis court, swimming pool etc. Living in a house with all these facilities close by is what you need to improve your health and get in shape.


6. INFRASTRUCTURE: Good road, electricity and water. If your new house lacks any of these three major things, then don;t even think of investing or buying that house.

7. PROXIMITY: This will determine how far you have to travel before you get home, so always ask yourself how close is my home to the town, my office, the children's school, the hospital, the market, my place of worship etc. Because no one wants to spend all day traveling just to get home.

8. ACCESSIBILITY: Is my new home easily accessible? One important question you should have at the back of your mind, accessibility is as important as location. Nobody wants to live in a house that is very difficult to find or locate in a map.

 9. AFFORDABILITY: This determines if you can buy your dream home or not,  always go house hunting with your budget in mind  so you don't get disappointed after loving a home you can't afford. So make sure you can afford it before seeing it.

10. A REAL ESTATE AGENT YOU CAN TRUST: This is the first person you need before going house hunting, an untrustworthy agent will convince you to buy anything just to make money. But a good real estate agent will guide you and help you look for your dream home.

we at WHITE AVENUE REAL ESTATE are here to advice, guide and help you build your dream home. So Visit us at 5th Floor Yobe Investment House, 
Plot 823 Ralph Shodehinde Street, Central Business District 

- Juliet Isa
Customer Care Representative
White Avenue Group, Abuja.

07038372568

WHAT YOU NEED TO KNOW ABOUT THE NATIONAL HOUSING FUND

The National Housing Fund is a scheme set up by the Nigerian Government pursuant to the provisions of the National Housing Fund Act, CAP N45, LFN 2004, first established in the year 1993. Sounds strange, doesn't it? Well, if you didn't know about this, you are part of the 93.7% of Nigerians still unaware. Don't feel bad about that, you're at the right place. 

The NHF was established to enable Nigerians in all sectors of the economy, particularly those within the low and medium income levels who cannot afford commercial housing loans, such as civil servants, traders, artisans, and commercial drivers etc., to own houses.

HOW IS IT FUNDED?

The Act stipulates that funding of the scheme will come from mandatory contribution of 2.5 percent of monthly income of Nigerians earning N3000 and above per annum, in both public and private sectors; commercial and merchant banks to invest 10 percent of their loans and advances portfolio; insurance companies to invest 20 percent of non-life and 40 percent life funds in the housing sector, with 50 percent of these directly in NHF and; financial contributions of the Federal Government. The pool of funds created by these becomes available to any contributor to borrow from, after contributing for a minimum of six months.

WHO CAN ACCESS THE FUND?

• Any Nigerian above the age of 21 can apply for this fund. However, they must be a contributor to the National Housing Funds for a period of not less than six months. This condition is easy to ascertain for applicants in paid/salary employment. 
• For individual borrowers there must be satisfactory evidence of regular flow of income to guarantee loan repayment. This means that if you are not working directly for the government or a registered company or organisation, you must present proof of a means of steady flow of income. So, if you own a business or private outfit, you can also access the loan. For the people in private/trading businesses, there might be need to resort to their bank statements of account.
• Also, To be eligible for the NHF loan, a contributor interested in obtaining NHF loan must apply through a registered and duly accredited mortgage loan originator, e.g. a Primary Mortgage Bank (PMB), who packages and forwards the application to Federal Mortgage Bank of Nigeria. Applicants are required to provide satisfactory evidence of regular income. Deducted monthly contributions must also be remitted to the FMBN promptly, and at least 6 months contributions should be made.

• Alongside the facts stated above, the NHF loan cannot be used to purchase piece of land to build a house. A prospective applicant who wishes to obtain a loan to build a house is expected to have his/her land as well as an acceptance title to the land prior to the application for NHF loan.
• Contributors can apply as an individual for NHF loan to develop a land or buy directly from government consort estate or private estate developer. The only collateral needed for NHF loan is the property in question. No other collateral is required to secure the loan.These loans can also be processed and accessed on your behalf with the help of a Real Estate Agency such as ours. At White Avenue Real Estate, we are more than willing and happy to help you process your NHF loan free of any extra charges.

Benefits available to contributors include: 

• Housing loan of up to 90 percent of the cost of the house; 
• Interest on loans remains fixed throughout the life of the mortgage at 6 percent per annum;
• Long period of repayment of up to 30 years; Contributions can serve as additional old age security; 
• Refunds with 2 percent interest on retirement and finally, 
• Maximum loan of N15 million can be borrowed.

Documents Required to Process the Loan:

1. Completed application form.
2. Photocopy of title documents
3. Current valuation report on the proposed house to buy or bills of quantities (BOQ) for the house to build.
4. Three years tax clearance certificate.
5. Evidence of NHF participation
6. Copy of pay slips for the previous three months.
7. Equity contribution or personal stake of 30%, 20% or 10% depending on the loan amount applied for.

 To access your loan, you must first be registered as a contributor. How can this be done? The procedure is stated as follows: 

(Pay close attention, this is the important part!)

1.The Federal Mortgage Bank of Nigeria (FMBN) will supply Employer Registration Form (NHF1) to employers.

2.Employers will complete form NHF1 and return to the nearest branch of the Federal Mortgage bank of Nigeria.

3.Federal Mortgage Bank of Nigeria will register the Employer and issue an employer’s registration number.

4.Federal Mortgage Bank of Nigeria will issue form NHF2 to employers for completion by employees or directly to self employed or individual.

5.Employee will complete the form NHF2 and return to the employer.

6.The employer or self-employed individuals will return completed form NHF2 to Federal Mortgage Bank of Nigeria.

7.Federal Mortgage Bank of Nigeria will register Employees on Form NHF2 and allocate employees participation number to each employee/self-employed individual.

8.Federal Mortgage Bank will issue a passbook to each of the registered employees where the monthly deduction of his/her 2.5% basic salary will be posted by the employer.

9.At this point, an employee is now a registered participant of the National Housing Fund.

10.Employer will commence deduction of contributions at source. Such deductions/contributions are remitted to Federal Mortgage Bank of Nigeria with schedule of payment indicating the amount contributed by each employee and the period covered.

11.Self –employed contributors will also commence monthly remittances of contributions to FMBN.

12.Federal Mortgage Bank of Nigeria will accept contributions and issue receipts for payments.

Now that you are now a registered contributor, you can access your funds so long as the procedure above has been followed through and you have contributed to the fund for up to six months. The next step would be find your property. Remember, the NHF would not be granted to purchase land, so, you have to have your property already. What the NHF would do would be to support you in developing your property. 

Still confused? Look at it from this angle: The NHF would not be granted in whole to pay for your house, this means that a percentage of it has to be paid for already. What the NHF does is to support your passion to own a home in Abuja. We share this vision here at White Avenue. We are equally passionate in delivering service and excellence while changing the face of real estate development in Abuja. This is everything you need to know about the NHF Scheme and we are programmed to bring you more. 

At White Avenue, we bring your housing dreams to life. Not only do we help you process and access your loan when you purchase any of our properties, you can be assured of the best deals and plans to suit your needs. All you have to do is sit back and watch your investment grow. We carry you along every step of the way and tailor your investment to suit your ideals and preferences. At White Avenue, we are client centric and that is what makes us the best in Abuja.

Knowledge is power but what you do with makes the difference. Make the right choice today by joining us at White Avenue!

Visit us at 5th Floor Yobe Investment House, 

Plot 823 Ralph Shodehinde Street, Central Business District 

You can also give us a call on 09099582911, 08187845406. 
We look forward to hearing from you, Thank you.