kniru:
Hello Spyder,

What is the update on this property?
can we start building?
how far with the documentation for this property?
What are your plans for peeps who already made full payment?

thanks
kniru

spyder880:
We have completed the whole signing process for a deed of lease, and an irrevocable power of attorney for this land. I have completed all payments necessary for a full and legal title of this piece of land. Every needed document was signed for me by all the owners of this land. I have also paid off all land agents and legal fees.

I can now start allocating lands to people who had paid to my company accounts.

I had stopped marketing this land because I am no longer in a hurry to sell more plots. There might be need to raise the asking price for this land, meanwhile I am going to move to the government to obtain necessary registration and all documentation before pushing for a C of O later this year.

Thank you all.

spyder880:
We have completed the whole signing process for a deed of lease, and an irrevocable power of attorney for this land. I have completed all payments necessary for a full and legal title of this piece of land. Every needed document was signed for me by all the owners of this land. I have also paid off all land agents and legal fees.

I can now start allocating lands to people who had paid to my company accounts.

I had stopped marketing this land because I am no longer in a hurry to sell more plots. There might be need to raise the asking price for this land, meanwhile I am going to move to the government to obtain necessary registration and all documentation before pushing for a C of O later this year.

Thank you all.

spyder880:
We have completed the whole signing process for a deed of lease, and an irrevocable power of attorney for this land. I have completed all payments necessary for a full and legal title of this piece of land. Every needed document was signed for me by all the owners of this land. I have also paid off all land agents and legal fees.

I can now start allocating lands to people who had paid to my company accounts.

I had stopped marketing this land because I am no longer in a hurry to sell more plots. There might be need to raise the asking price for this land, meanwhile I am going to move to the government to obtain necessary registration and all documentation before pushing for a C of O later this year.

Thank you all.

D1O:


What are the next milestones and time frame in this process?

spyder880:
By next week, we will commence with the documentation of the paid plots. I intend to submit the first batch of names for all those who have paid to me, to my surveyors for the original survey plans in the name of the new owners of plots. I will thereafter submit the names to my lawyer to prepare a deed of sub lease in favour of those who paid to me.

I will like to get all names correctly spelt and all addresses shown correctly. Mistakes of names in land deed documents are difficult and expensive to correct. It is important that everyone who is still owing pay up so we can prepare everything at once. There are only about 6 plots completely paid for. And some payers have not even chosen plot numbers. We urge all to pay up, then specify the plot number we agreed to before you paid. Needless to add that only those who have paid the complete sum will get their documents for the land.

I will like all those who had paid completely to send me a message either on text or on whatsapp. The format will be like this;

Plot owners name: (name(s) as you will like it to appear on the deeds)
Plot owners adress: (preferably an address which may not change tomorrow)
Plot owners plot choice: ( example Plot 123 )
Plot owners preferred delivery address (We drop the documents via courier, so this can be any temporal office or business or home address where we hand over the documents)

Like I mentioned before, only 6 person's had completed all their payments.

Thank you all.

egbabiekperemo1:


Is d plot still available?

austin2all:
Oga spyder, I guess its already late for some of us to key into this beautiful project as we heard of it late. But I'd love to know your next location sir, so we can prepare ourselves better before then.

spyder880:
By next week, we will commence with the documentation of the paid plots. I intend to submit the first batch of names for all those who have paid to me, to my surveyors for the original survey plans in the name of the new owners of plots. I will thereafter submit the names to my lawyer to prepare a deed of sub lease in favour of those who paid to me.

I will like to get all names correctly spelt and all addresses shown correctly. Mistakes of names in land deed documents are difficult and expensive to correct. It is important that everyone who is still owing pay up so we can prepare everything at once. There are only about 6 plots completely paid for. And some payers have not even chosen plot numbers. We urge all to pay up, then specify the plot number we agreed to before you paid. Needless to add that only those who have paid the complete sum will get their documents for the land.

I will like all those who had paid completely to send me a message either on text or on whatsapp. The format will be like this;

Plot owners name: (name(s) as you will like it to appear on the deeds)
Plot owners adress: (preferably an address which may not change tomorrow)
Plot owners plot choice: ( example Plot 123 )
Plot owners preferred delivery address (We drop the documents via courier, so this can be any temporal office or business or home address where we hand over the documents)

Like I mentioned before, only 6 person's had completed all their payments.

Thank you all.

D1O:


Update?

Waterway:
These estates will move as fast as the excitement of the buyers. I will advise time limit for installment payments and penalty
fee for missing deadlines. Refunds made for missing deadlines but forfeit part of payment. Some of us may have the cash to buy
( outright )but cannot because it is reserved...for how long?

Secondly, this is an investment and we may start thinking of developmental fees that will grade the roads to the area, otherwise it may take eternity to get these sites to take-off because we are waiting for govt to grade roads. So developer of estate/Tigerkenn can help by indicating projected time that one can expect grading of roads to site, which I hope coincides with when all plots are sold out and investors can build. Does developer have any info on when the presence of govt/infrastructure is expected in the area.

Lastly, can we get update on the last few available plots.

spyder880:


We need to discuss more about this. I will work on the list of sold and available plots and update soon. Thanks.

D1O:


Absolutely correct that we can't continue to wait indefinitely for people to decide at their leisure to pay up. However here's the problem:

Person A reserved Plot No 1 and didn't pay in full or at all.

Person B wanted same Plot 1 and had full payment ready. However as Plot 1 was already reserved, Person B wasn't allowed to select Plot 1 but had to grudgingly compromise and pay fully for Plot 2.

After this passage of time, Person A's reservation is cancelled and Plot 1 is now available again.

Person C comes along and simply buys the sought after Plot 1 which Person B always wanted but was never allowed to pay for.

Clearly there is something wrong with such an arrangement. In this kind of stuff, it is terrible to penalise Person B for doing the right thing (paying in full at the start). Because na fool we dey call Person B now for paying on time. That should be encouraged not penalised.

Unless after cancelling these reservations, you will give those who have already paid in full the first rights to exchange (if they want) before making what's left available publicly.

Don't forget, they paid in full when nobody else did.

My two cents.

spyder880:


Good points, we learnt from our first sold out estate at Ugwuomu Nike, I still have not prepared any documents for this estate. By the time I publish the list of paid plots, I think it will be fair to allow those who paid in full the opportunity of switching if they like other plots that are now available.

So yes, we will not have to punish Person B in this estate. Thanks for your input.

spyder880:
Also, we will have to cancel all unpaid reservations by the end of Tuesday the 12th of September 2017.

While also appealing to those still owing to complete their payments as soon as possible.

We just have to move forward.

spyder880:
Also, we will have to cancel all unpaid reservations by the end of Tuesday the 12th of September 2017.

While also appealing to those still owing to complete their payments as soon as possible.

We just have to move forward.

D1O:


Update?

spyder880:
PLOT NUMBER-PLOT SIZE-STATUS

Plot 1 538.46 SQM RESERVED FOR ESTATE SERVICES
Plot 2 510.37 SQMRESERVED FOR ESTATE SERVICES
[/b]b]Plot 3 510.37 SQM RESERVED FOR PAYMENT
Plot 4 510.37 SQM
Plot 5 510.37 SQM
Plot 6 510.37 SQM
Plot 7 509.54 SQMPAID
Plot 8 509.11 SQM
Plot 9 509.72 SQM
Plot 10 510.15 SQM
Plot 11 507.31 SQM
Plot 12 817.50 SQM PAID
Plot 13 564.12 SQM RESERVED FOR ESTATE SERVICES
Plot 14 521.17 SQM
Plot 15 572.66 SQM PAID
Plot 16 505.87 SQM PAID
Plot 17 505.87 SQM PAID
Plot 18 510.37 SQM PAID
Plot 19 510.37 SQM PAID
Plot 20 690.36 SQM PAID
Plot 21 510.37 SQM PAID
Plot 22 535.00 SQM PAID
Plot 23 520.47 SQM
Plot 24 474.35 SQMPAID
Plot 25 493.53 SQM
Plot 26 491.40 SQM
Plot 27 500.48 SQM PAID
Plot 28 504.05 SQM PAID
Plot 29 505.87 SQM [/b]RESERVED FOR ESTATE SERVICES
[b]Plot 30 505.87 SQM PAID
Plot 31 510.37 SQM PAID
Plot 32 510.37 SQM PAID
Plot 33 510.37 SQM
Plot 34 510.36 SQM PAID
Plot 35 560.73 SQM PAID
Plot 36 532.03 SQM

wuwu2:
Hi spyda, warm greetings. I am surprised to see so many plots free now that weren't available when i chose. I made part payment for plot 7 but will like to switch to plot 23 if this is allowed. Those plots were not available when I paid.... I am also working to put together the balance payment. Had some very difficult times recently