FIVE (5) REASONS WHY YOU SHOULD INVEST IN REAL ESTATE

Did you know that real estate is the only investment that can guarantee you a high return on investment over a short period? Real estate is a reliable source of investment, and there are  lots of reason why you should invest in real estate from financial freedom to having a place where you can call home real estate provides it all , there is a ‘25times rule’  used by financial planner to determine how much you need to save for retirement but still the certainty of it cannot be ascertained. Real Estate has many advantages over investing in stocks, bonds, fixed deposit And treasury bills. Real estate offers predictable cash flow; it appreciates in value, thus keeping up with inflation; it provides a higher return because of positive advantage; and it provides equity growth through debt reduction. During retirement, real estate is a self-sustaining asset, while stocks are a self-liquidating asset. Which would you prefer, a self-sustaining asset or a self-liquidating asset? Below are the reasons why you should invest in real estate.

 

Reasons to Invest in Real Estate
 
1.       Real estate brings passive 

Cash flow is the net spendable income derived from the investment after all operating expenses and mortgage payments have been made. An excellent real estate investment should provide you with 6% or greater cash flow, like any form of investment, the primary reason why people invest in real estate in passive income.
 

2.   Real estate appreciates in value   

Research has shown the real estate is the only investment that appreciates in capital value over a short period.

 
 
3.       Real estate is safe 

Property in Nigeria increase in value overtime, despite the economy downturn in the country, According to Peter Koulizos ‘when you factor in the return and risk associated with buying property and shares, property wins hands down. Real estate investment is a more stable investment with limited immunity from fluctuation
 
 
4.       Real estate is improvable 

One of the most unique and attractive advantages of real estate is that it is improvable. Because real estate is a tangible asset made of wood, brick, concrete, and glass, you can improve the value of any property with some “elbow grease” and “sweat equity”. Whether the repairs are structural or cosmetic, do it yourself or hire someone, the principle is the same. You can make your real estate worth more by improving it.
 
5.       Real estate coincides with retirement 

One major advantage of real estate is that it keeps growing even when you are retired. And it is also a good way to retire wealthy, when a person retire his property would keep increase in value thereby generating more income for you.
 
 
 
 
 

SOMETHINGS YOU SHOULD KNOW

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 the monthly repayment of your loan. The steps you take can sometimes help you or plague you for years to come, so it is essential to choose your down payment wisely.

3.      Dig deeper through a house inspection.
A home inspection is not required but recommended. Buyers are entitled to conduct all inspections required to satisfy themselves as to the condition of the home. A home inspection is an opportunity to satisfy all curiosity and lay all nagging questions to rest. It is important to go with an agent you trust to give you honest answers to your inquiries. It also gives you the opportunity to become familiar with the home. Upon taking a closer look at a property, you can then decide whether this is the right home for you.

4.      Know your needs.
When evaluating your needs and wants, it is a good idea to consider value items with more weight than things that are personal preference but add little value. A great real estate agent will be able to help you determine the difference between a valuable feature and a personal touch. As you prepare to buy a home, remember that no home is perfect. You will always end up making compromises. However, with a good understanding of what is most important to you and what will add value to the home, finding the right one will be easier.

5.      Do not forget about taxes.

Property taxes can be extremely high in some areas, so it is important to consider those when buying a home. Not only can property taxes be high but also they can trend towards increasing often and by large amounts. Paying attention to property taxes when you buy a home will affect that amount, so make sure that you understand exactly what you will pay on your new home’s property taxes.

6.  Do not necessarily buy for the life you have today.
When buying a house, it is important not to buy just for where you are now. In buying you should take into consideration your plans and long term goals. Decisions like a change of job, getting married or having kids are future possibilities that should be taken into account when buying a home.

7.      Look beyond the paint.
It is important that when buying real estate not to be overwhelmed by the cosmetic beauty of the house but to look beyond the paint and light fixtures to see if there are structural damages like cracks in the interior or exterior walls, water damage concealed by paint, etc.  It is also important not to fixate on cosmetic preferences that may or may not be met. Remember that it is inexpensive to fix cosmetic issues a bit of paint or some wallpaper.

8.      Quality over quality.
More of a bad thing is still a bad thing and when it comes to real estate, bigger is not always better. Architects today are looking to create efficient homes that do not feel cramped and make the most of every square foot. However, with quality design, a home is more likely to keep its value. In addition, you may opt to hold on to it longer because it will continue to serve your changing needs.

We at White Avenue Real Estate are invested in giving you the best houses for you. You can 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.

Susan Niniola,

Customer Care Representative,

White Avenue Group, Abuja.

BENEFITS OF BUYING A NEW HOME

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 of a city.

2.      Maintenance

A new home will boast new appliances, electrical systems, plumbing and more, all of which should run smoothly for years without needing repairs. With an existing home, many of these features may be old and outdated, not only requiring more maintenance but potentially not working as efficiently either. Floors may slope. Buying a new home means there isn't a chance of discovering a previous homeowner covered up water damage or performed faulty electrical work. Because everything is new, homeowners also shouldn't have to worry about replacing the roof, updating the plumbing or making other major repairs for many years.

3.      Modern Conveniences and Energy Efficiency

Old homes were built for a different era. Closet space and electrical outlets may be sparse. Plus, they weren't built using today's energy-efficient materials and standards. A new home may be more comfortable and convenient for today's modern lifestyle.

4.      Customization

Most new developments offer buyers the opportunity to tailor elements of their new home to suit their individual needs. From the exact layout and room options, right through to small details like the kitchen tiles and carpets, you’ll be able to personalize your dream home and make it work for you and your family. Some options may incur additional costs, so be sure to check the small print.

5.      Bargain

If you get in early enough, you may be able to buy your property ‘off-plan’. Many property developers and builders offer this option, and in a nutshell, it means you’ll be able to study the plans for your chosen development and reserve the exact home you want to buy. What’s more, the price you pay when buying off-plan can be less than the property is worth once it’s completed. So you could have earned equity in your new home before you even set foot through the door.

Homebuyers have a lot to consider when choosing between a new home and an existing home. New homes certainly have their advantages, from their ability to be customized to their overall energy efficiency.

We at White Avenue Real Estate have the perfect home for you at prime locations in Abuja. Visit our website at https://whiteavenuegroup.com  to find out more or you can visit our office at 5th floor Yobe Investment House, Plot 823 Ralph Shodehinde Street, Central Business District, Abuja. Call us on 09099582911, 08187845406

Susan Niniola
Customer Care Representative
White Avenue Group, Abuja

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 to big cracks and big cracks leads to the collapse of the building. And you don't want your house falling on you while you are asleep.

3) Water Damage/Plumbing: This is one major problem that many houses in urban areas have. Look out for molds and discoloration on the walls. These are signs of poor plumbing and that means you have a lot of renovating to do.

4) Roofing: Before stepping inside make sure you know whats happening above you. ensure that the roof is well done in order to avoid investing in a house that will be flooded during the rainy season due to leakage.

5) Have a Proper Inspection: All problems listed above can be avoided if a proper inspection of the house is done before investing in it. Always insist on inspection before buying that property, if your realtor is avoiding inspection then they have something to hide.

6) Land and Building Documents: With the high rate of fraud going on in real estate, Make sure you are provided with the documents of the house to be sure it's the owners that are actually selling the property to you. You don't want to buy a house only to find out you paid to the wrong person and the house is not yours. Do your findings and check all papers properly.

Finally to avoid most problems ensure that you do your findings from a genuine real estate firm. 

We at White Avenue Real Estate have got you covered, we are a genuine real estate company with brand new properties at prime locations in Abuja.
Call us on 09099582911 or 08187845406 to schedule for an inspection. Or you can Visit us at 5th floor Yobe Investment House, Plot 823 Ralph Shodehinde Street, Central Business District Abuja.
Or Visit our website http://whiteavenuegroup.com/ for more details.




Juliet Isa,
07038372568,
Customer care representative,
White Avenue Group, Abuja.

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: Every body wants a breath of fresh air but with the high rate of deforestation going on there aren't enough trees to take up carbon-dioxide. Building an Eco friendly environment helps in reducing deforestation and causes less harm to the environment and humans. Eco friendly environment is a new trend of real estate in Nigeria.

4) Location: Everybody wants to LIVE in the big city, and this makes LOCATION one of the top trends going on in real estate. This is why most real estate companies in Nigeria are now targeting the big cities such as Abuja, Lagos and Port Harcourt, and this makes real estate in these areas very trendy.

5) Technological Advancement: The world is going Global; everything is becoming automated, from Smart Phones, to smart TV's, to smart Cars, to smart wrist watches and now smart houses. With the speed at which real estate is growing in Nigeria, in a few years to come, any house that is not fully automated will be considered old school and devalued.

With our Eco friendly estates located in Abuja, and our mortgage plan payment option, we are among the trend-setters of Nigerian Real Estate.

Visit us at WHITE AVENUE GROUP, 5th Floor Yobe Investment House, Plot 823 Ralph Shodehinde Street, Central Business District, Abuja. Or call us on 09099582911, 08187845406. 

You can also visit our website www.whiteavenuegroup.com
White Avenue Real Estate.. Upholding integrity and excellent delivery



Juliet Isa,
07038372568,
Customer Care Representative,
White Avenue Group, Abuja.

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 real estate keeps increasing every day.

2) Stop moving and start living: While renters are faced with the challenge of moving from one place to another, owning a home gives you stability and a place you can finally call your own, without fear of moving in the nearest future.

3) Social benefit: Living in one place for a long period of time also comes with social benefits like making friends with neighbors, getting involved with community projects and consistent education for your children.

4) Control over your living space: While renting will not give you the opportunity to renovate your house to your own taste, having your own home gives you all the power to change and renovate whatever you want in your home.

Buying a home is not just a get out of rent plan but also a get rich plan and a plan to create generational wealth for your family.

We at White Avenue Real Estate have the perfect home for you at prime locations in Abuja. Visit our website at https://whiteavenuegroup.com  to find out more or you can visit our office at 5th floor Yobe Investment House, Plot 823 Ralph Shodehinde street, Central Business District, Abuja. Call us on 09099582911, 08187845406



Juliet Isa,
07038372568.
Customer Care Representive,
White Avenue Group,
Abuja.

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 are non-toxic, reusable, renewable and recyclable). They are often more durable and require less maintenance. This keeps your home looking new for a long time and saves you money on costly repairs. This also helps to sustain your home and extends its life span.

Lower carbon: Reducing carbon is one important thing we should all take into consideration, we need to take steps and work towards reducing the negative impact on the environment for future generations, building Eco-homes is one of the steps.

Higher property value: Real estate investors are beginning to see the benefits of Eco-friendly homes because of low maintenance costs and a sustainable and healthier environment now. This makes Eco-friendly homes hot cake in the real estate market and as such, attracts a higher property value. Investing in Eco-friendly homes means you will be one step ahead of the future.

We at WHITE AVENUE REAL ESTATE  know the importance of Eco-friendly environment, that is why we are building one for you at CEDARWOOD CITY.

We looked across the town of Abuja and realized that most houses and estates that are constructed don’t give much room for excitements, in simpler terms, they get boring after some years of residence.
Cedarwood City has been made to intervene, such that it creates excitement even after years of residence and you enjoy your stay because of her beautiful environment and facilities alongside. The estate which takes after its name the "Cedar tree" (A tree that accommodates and stands its ground in any weather or condition, with its depth and widths as far) is created to accommodate different types of houses, from a two bedroom terrace duplex to a five bedroom fully detached duplex.

For more information about our Eco-friendly Cedarwood City, visit our website @ www.whiteavenuegroup.com or visit our office @ 5th floor, Yobe Investment House, Plot 823 Ralph Shodehinde Street, Central Business District, Abuja. 




Juliet Isa & Susan Niniola,
Customer Care Representatives,
White Avenue Group, Abuja.