Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,151,366 members, 7,812,048 topics. Date: Monday, 29 April 2024 at 07:10 AM |
Nairaland Forum / Nairaland / General / Properties / How To Avoid Being Scam When Buying Land In Port Harcourt (956 Views)
How Can I Avoid Being Scammed, I'm About To Buy A House / Preventive Measures When Buying Land In Nigeria. / After Buying Land, How Do I Build A House On It? (2) (3) (4)
How To Avoid Being Scam When Buying Land In Port Harcourt by eventsandthings: 7:49am On Aug 21, 2017 |
Lot of people are in a hurry to own a landed property. but before you proceeds, here is a brief guide I used before purchasing any land in port harcourt that has helped me. Carry Out a Proper Land Verification Search: Do not buy any land without performing a Land Check on the Owner, the Land and the Documents the Seller possesses. There are so many things to cross reference at this stage that is why you must take your time and be patient because it is your money that is at stake not the seller or Agent’s money. If you fail to take this step, then you would be left alone to wallow in your own self pity and misery because the seller would be long gone with your money. Do not let the occasional grumblings from sellers or agents weigh you down or push you to do something rash such as “A lot of people are rushing this land and if you don’t pay now, the land may be gone” etc. Don’t listen to them. The land was there before you decided to pay interest in acquiring it and it would still be there after you do your search. Some sellers and agents are just eager to line up their pockets with your money so they throw you that line to you to scare you. The reasons you must do the search is because you must verify the owner, how he got the land previously, why he wants to sell, what is prompting him to sell whether there is any dispute or litigation and he wants to shift the burden to you or he has bought a very bad land and wants to dispose it quickly before the problem manifests into something bigger or he has wayward and unreliable documents that do not confer title or ownership to him, so he is looking for the nearest fool or unsuspecting buyer to pass that problem to. Also you will have to investigate the land to know whether it’s genuinely a good land, a land that isn’t under government acquisition or not, a land that is not subject to any communal or legal dispute, a land that doesn’t run afoul of government regulations, etc. And finally investigating all the documents the owner has and ought to have such as a Survey plan, deed of assignment, contract of sale, C of O, Governors Consent, Gazette, Letter of Allocation, Receipts, Deed of Transfer, Power of Attorney, etc. The check list is too much but it must be done so that you are satisfied 100% of the title. This is the only thing that will give you peace of mind and you must contract a land verification expert to do it to give you that extra comfort. bluehedgerealtors.com/the-10-commandments-of-buying-land-in-nigeria/ Land for sale There is a two plots. of land in a good location along mgbuoba road opposite. AIT for sale in port harcourt. for more detail call 09067347994. 1 Like |
Re: How To Avoid Being Scam When Buying Land In Port Harcourt by SmellingAnus(m): 8:19am On Aug 21, 2017 |
Useful piece of information |
Re: How To Avoid Being Scam When Buying Land In Port Harcourt by eventsandthings: 10:31am On Aug 21, 2017 |
hope this info will help someone stay safe from land scam deal |
Re: How To Avoid Being Scam When Buying Land In Port Harcourt by benbertie: 4:20am On Oct 25, 2017 |
You need to know how to go about the process of buying and owning a Property in Nigeria. There are several Laws which govern and regulate the process. Hence, usually, it is time and capital intensive. On Property transactions, the legal maxim is apt: “Caveat Emptor” - Buyers Beware. It is not for a Seller to beware. A Buyer needs to exercise full caution and due diligence when buying a property. This Guide on How to Buy Property [Land or House] in Nigeria makes a bold attempt to provide an in-depth insight on all an interested Buyer should know. Simply follow our prescribed step: 1. Identify the objectives. 2. Conduct a physical inspection of the property. 3. Hire professionals to conduct a property search. 4. Documentation and payments. 5. Take possession. 6. Processing of governors consent & registration of documents with the State Government. Read the full Article https://www.nairaland.com/4136950/guide-how-buy-property-land#61743909 1 Like |
(1) (Reply)
150plots At Abijo Lekki With Governor's Consent 2plots Away From Express 4 Sale / Newly Built 3bedrm Flat At Obawole Ogba With 4 Toilet And Ties 650k 600k / When A Shylock Landlord Owns A Building
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 13 |