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Benefits Of Buying Land From Real Estate Company Over Buying Land From Omo-onile - Investment - Nairaland

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Benefits Of Buying Land From Real Estate Company Over Buying Land From Omo-onile by Morisakin(f): 10:37am On Oct 07, 2021
Omo-onile, typically known as ancestral land owners or land tout have constituted a serious menace especially here in Lagos.

Thier nefarious activités rangés from selling land that is under litigation, selling land under dispute, selling same land to more than 2 persons,ripping buyers off by making them pay illegal fees like foundation fees, decking fees, fencing fees and a host of other throat cutting fines.

To avoid having the above stated issues, it is better to buy your land from a reputable real estate company.

Herein are the benefits you stand to gain.

1️⃣The real estate companies are traceable

They are registered with CAC and have physical offices, unlike the omo onile that might sell land to you without the consent of other family members and disappear into thin air leaving you to suffer paying for the same land twice.

2️⃣The land is usually in a structured gated environment ,where you live with people of like minds.

3️⃣Real estate companies provide amenities like perimeter fencing,gate house, electricity,earth road , drainage.etc

4️⃣Real estate companies have lawyers that prepare thier legal documents, such that you don't need to incur the extra cost of hiring a lawyer.

5️⃣Flexible Payment plan

Real estate companies offer installmental payment options of up to 6 ,9 12 months as the case may be for those that can't afford to pay outrightly.

6️⃣Real estate companies guarantee security of your property.

You can buy thier land for Investment ie buy and keep until you are ready to resell or develop.
No fear of land grabbing or encroachment.

7️⃣most real estate companies ensure thier estate are structured and have proposed layout for green areas, children play area, schools ,shopping malls , hospitals etc

Buying land from omo- onile might seems to be cheaper, but the stress and all the other charges they make you pay while developing your plot is not something you would want to go through.

We partner with reputable real estate developers that sell only genuine properties with verifiable title documents.

If you are thinking of buying a property in any part of Nigeria , send us a mail via honeycrownproperties@gmail.com or call 09098844351

© Olubusayo Akin-Akinbode
Real Estate and Investment Consultant

#realestateinvesting
#investment
#smartinvestorsguide
#honeycrownproperties

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