With the possibilities of being victim of crooked agent, paying excessively for the property and investing in the wrong property and location, investing in real estate can be a demanding task and can be difficult if the required knowledge and expertise to go about it is lacking.
Here are the basic procedures to follow while purchasing a real estate. I assure you, if these procedures are followed correctly, purchasing a property would be a lot easier for you.

STEP ONE: DEFINE THE PURPOSE OF INVESTMENT
This is the point where you have to evaluate the purpose of purchasing the property. A property can be a personal residential home, commercial residential home, office space, business complex, hotels and resorts, open land for engineering and construction, agriculture or rental services. The purpose of the investment should be defined to help you create a budget.

STEP TWO: CREATE A BUDGET
After defining the purpose of your investment, the next step is to create a budget. The budget should be realistic for the type of property to be invested in. Property budgets can be created by doing comparative analysis of similar properties within same or similar location. The budget should not only contain the price of property but also statutory fees required in closing the deal. This statutory fee may include; consultation fee, legal fee, survey fee, development and service fee which depends on the type of property. it is advisable for the budget to be within a range to allow for flexibility.

STEP THREE: HIRE A REALTOR/REAL ESTATE AGENT
This could be one defining step in purchasing a property in Nigeria. For a better investment result, it is important to hire the service of a trustworthy consultant who will be sensitive to your needs and desires. Your realtor should be able to perform the following services
Property consultation
✔Budget Assessment and implementation
✔General property inspection analysis
✔Property verification and negotiation
✔Payment advisory.
At Rockvine Realty, we are equipped with the expertise required to help you make the supposed difficult investment decision with confidence. Contact us today with the contact us today @ +2348136717602, +234902881945

STEP FOUR: LOCATION AND SECURITY
With the investment options provided by the consultant, it is also important to do personal due diligence on the location and security of the property of interest with respect to the purpose of investment.

STEP FOUR: HIRE A LEGAL ADVISOR
The last step is to hire a lawyer. The role of a lawyer in real estate transactions can’t be undermine. A lawyer helps in advising the viability of the property’s title, confirm the authenticity of the property, ensures no disputes on the property and thereafter, prepares the legal documents for the transfer of ownership.

With the above procedures completed, you can go ahead and pay the agreed amount and signed the necessary documents for your new real estate acquisition.

For Enquires and More information:
Email: Rockvinerealty@gmail.com
WhatsApp: +2348136717602
Call: +2348136717602, +2349025881945

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