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Have You Ever Bought "Problem Land"? What Red Flags Did You Overlook? - Properties (3) - Nairaland

Nairaland ForumNairaland GeneralPropertiesHave You Ever Bought "Problem Land"? What Red Flags Did You Overlook? (8956 Views)

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Re: Have You Ever Bought "Problem Land"? What Red Flags Did You Overlook? by OttoHousing(op): 10:26am On Feb 25
Wotowotoman:
Reach out to you to guide them? Just like that? After person read all these comments on bad experiences with scammers on top land matter, you really believe say person go call you a total stranger to guide am in buying land? Oma, which kind people be this wey man pikin dey jam for here ? angry
I'm a realtor and real estate consultant. Na me create the thread to create awareness. I'll also do a separate thread to list out things to look out for when buying lands
Re: Have You Ever Bought "Problem Land"? What Red Flags Did You Overlook? by ericmor: 11:32am On Feb 26
kelvincoke:
Honestly yes, and it was from a reliable source.,. The story goes thus

A friend I work with said he has some landed property in their care and is out for sale, the land measure 120 feet by 60 feet, as per normal measure base on believe, as per my field as well, normal... We went for site visiting and we are pleased, we needed two plot of land beside each other which we got one on the go, normal.... We were ask to meet the baale of the town for further documentation which he confirmed to be real... The only mistake we made was, we never chart the land from alausa nor involved our lawyer as per say na baale of the land direct we meet and he has his building close to the said land space and even said people are coming for the land too much that we should hurry up and deposit or pay up for the land in time...
As soon as we paid for the two plot and brought in surveyor, that is where the reality of life hit us say na government acquisition we buy after full payment was made....normal right
Na so baale say no worry start something on it that he is much available on site that no one dares touch our building or mess up there, we sha start perimeter fence work up to eleven coaches and install gate at the entrance, we built a security house, furnished the room and lock it, we did all this and three months later, government came and demolished everything, we sha lost millions of naira sha.....

Red flags are...
Don't listen to people are coming to check the land, so deposit or pay up...

Try involve lawyer on it...

Try and do survey plan and chart the location before making any payments....

End note, that was how we lost the money and property, we are still going to court since 2021 till this date 2026. May God lead us to the right path.
You already mentioned your mistake. Do don’t do that again
Re: Have You Ever Bought "Problem Land"? What Red Flags Did You Overlook? by ericmor: 11:36am On Feb 26
Wotowotoman:
Reach out to you to guide them? Just like that? After person read all these comments on bad experiences with scammers on top land matter, you really believe say person go call you a total stranger to guide am in buying land? Oma, which kind people be this wey man pikin dey jam for here ? angry
My own is that if u need my service for this Lagos state you go pay and all necessary things will be done so you won’t have issue on your land. The best property to buy is from family u know like those in your area that want to sell their property but u still have to chart it also
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