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Have you been involved in a real estate scheme or met someone who has? Please share your story for us to learn.

https://nigeriarealestateblog.com/2022/06/26/7-useful-tips-to-avoid-a-real-estate-scam/

7 Useful Tips To Avoid A Real Estate Scam by Nigeria Real Estate Blog

https://nigeriarealestateblog.com/wp-content/uploads/2022/06/1-758x758.png

It is almost comical to believe you can not be scammed or tricked in a real estate deal. While certain sellers and buyers are very trustworthy, there can be some deceptive sellers, agents, or buyers. Here are some useful tips to avoid a real estate scam. 

The truth is that the character of dishonesty is not written on anybody’s forehead, instead many of these scammers are criminally inclined folks who are taking advantage of the scheme. Scams in Nigeria’s real estate industry are real, but real estate scams are not only a concern that is unique to Nigeria. It’s a global phenomenon and there are ways in which you can defend yourself from becoming a survivor.

What is a real estate scam?

Real estate scam, is a type of scam where the scammer claims ownership of a property in order to con their victims out of their money, they sometimes proceed to sell out the same property to multiple people, leaving them in confusion as to who legally owns the property.

But the main question is: how do you know whether in a real estate deal you’re going to get scammed? The reality is that if you are going to get scammed, you can’t understand, but there are warning signals and tips you can use to defend yourself from scammers’ behaviour. There are healthy ways to handle purchasing, renting, or selling every house, even though you are dealing with trustworthy individuals.

Don’t Rush To Buy Or Rent.

It is very easy to find a lot and you most likely want to move fast so that you don’t miss anyone else’s bid, but the difficulty with accelerating the purchase or leasing process is that you have no time to query the real estate deal.

Step on the brakes of enthusiasm and evaluate the agreement logically if it seems to be valid, so it is prudent to step back from such transactions. Being safe is easier than being sorry.

Verify The Other Party In The Real Estate Transaction.

Don’t take whoever you work with at face value to ensure that you do your homework on that person. This is the modern era, search the individuals online, ask other people for referrals and review their previous works.

If something goes wrong about the person involved in the real estate deal, your gut instinct tells you, then you need to step back to do some research on the person. Don’t work with any person with whom you have no trust.

Ask Questions Before Payment.

Ensure to ask a lot of questions about the real estate problem, especially about any unknown issue. Ask the seller what the explanation for the sale was? That may be a red flag because there is no justification for the selling. Questions are important because they help to expose anomalies in the transactions of real estate.

You ought to reconsider your participation in the real estate deal if you spot any contradictions that can not be reconciled.

Never Pay Cash.

If you are asked by the landlord or seller to pay in cash, then you can closely track the real estate transaction. The drawback with paying in cash is that unlike paying in a bank, the money is not traceable. Instead, you rely on writing checks or paying at the branch and if the deal goes wrong, this form of payment does not leave you hanging dry.

When all is not as it is, you want to be able to keep someone responsible; so be vigilant and stop transfers that you can’t track. If paying in cash is unyielding to the agent or house owner, so you need to walk back from that deal immediately.

Avoid Email Scams.

Scams originating on the Internet are not rare these days. All the benefits of the modern era have made our lives a lot easier, but they do not come without damage. Double-check with your agent before taking any measures demanded electronically when you receive an email that appears unusual.

Go For The Inspection.

For any real estate deal, a big red flag is whether the landlord or agent tries to prevent you from inspecting the property. If nothing to cover is suspicious, so inspection is not negotiable. Insist on review and then it is advisable to promptly cancel the real estate contract if not granted by the landlord or representative.

Use A Verified Real Estate Agent/Agency To Search For Properties.

It is advisable to use a well-known real estate agent in order not to be cheated on one’s hard-earned money.

Don’t hand out personal information.

It is often better to refrain from handing out any personal information or bank information over the internet or phone as a general rule, particularly if the situation does not feel quite right. 

Have you been involved in a real estate scheme or met someone who has? Please share your story for us to learn.

https://nigeriarealestateblog.com/2022/06/26/7-useful-tips-to-avoid-a-real-estate-scam/

mine
i have two remote jobs as a marketing manager

i got referred by a friend for one in the usa
Earn commission 12%
i was reluctant for this earlier but my friend made me see reasons that it was better

while the other is from uk , i got an email from them concerning building a website
Saw their whatsapp line, sent them a message on how i can handle their email marketing and i was offered a job
this comes with a salary

lalasticlala

daddytime:
E be like say na to move go Bauchi State sure pass now..

foodstuff in the north en
Kai

Lalasticlala

see full foodstuff list grouped by states here

https://foodstuff.store/prices-of-food-stuffs-from-the-nigerian-bureau-of-statistics/

continued
sorry couldn't insert images into post for strange reasons

In terms of State distribution, Ebonyi, Anambra and Enugu were the three top States with the highest prices of beans (white black eye, sold loose) at N887.77, N875.73, and N783.56 respectively. The least prices were recorded in Bauchi State, Adamawa State and Borno State with N235.22, N251.59 and N254.87 respectively.

Moreover, Ogun State, Bayelsa State, Ondo State and Lagos State recorded the highest prices of agric egg (medium size price of one) at N70.06 for Ogun State and N70.00 each for Bayelsa State, Ondo State and Lagos State. Taraba State, Yobe State and Plateau State had the least prices of egg in November 2021 at N41.51, N41.64 and N41.91 respectively.

Looking at a bottle of vegetable oil, Ekiti State, Abuja and Ebonyi State recorded the most prices at N1,250.00, N1,213.33 and N1,153.33 respectively. Others such as Niger State, Gombe State and Plateau State had the least prices with N495.89, N523.81 and N524.44 respectively. In terms of prices of palm oil, Enugu State, Anambra State and Abuja were top with high prices at N1,063.89, N1,043.14 and N1,026.67 respectively, while Kwara State, Benue State and Bauchi State recorded the least with N446.67, N468.89 and N472.22 respectively.

Interestingly, tubers were most expensive in Lagos State, Rivers State and Akwa Ibom State at N600.27, N556.68 and N529.90 respectively, while Taraba State, Gombe State and Bauchi State had the cheapest with N125.33, N126.89 and N127.35 respectively.

Prices are collected across all the 774 local governments across all States and the FCT from over 10,000 respondents and locations and reflect actual prices households state they actually bought those items.

Lets look at the prices region by region. Data was gotten from the Nigerian Bureau of Statistic

https://foodstuff.store/prices-of-food-stuffs-from-the-nigerian-bureau-of-statistics/

It seems the govt is just trial and error stuffs

please who has an instagram account for sale

But winners offered to do this road many times and were told to bring the money based on what I heard

lalasticlala

DubaiLandLord:
There was a time Unity Bank relocate their HQ go Abuja

lol they rush back to Lagos

Racoon:
First Bank and UBA have gigantic edifices @ Marina- Lagos.

Yh thats true
Lalasticlala

TarOrfeeek:
Bros you really try.


That area that has Titan Trust bank Hq and Globus bank Hq there's another bank with Hq there.

It is Olosho Bank of Nigeria.

And please I don't bank with them. I only go there to use my ATM.

LOL Thanks

The CBN HQ Thou

mynd44

what do you think guys

lalasticlala

This new banks have nice designs

Let us show you how beautiful Nigerian Banks are, we would be showing you images of all Nigerian Banks head offices. it would make it easy to locate them when going out to submit a job application or for a meeting

Nigerian Banks can be categorized into 4

Commercial banks with International Authorization in Nigeria
Access Bank Plc
Fidelity Bank Plc
First City Monument Bank Limited
First Bank of Nigeria Limited
Guaranty Trust Bank Plc
Union Bank of Nigeria Plc
United Bank for Africa Plc
Zenith Bank Plc

Commercial banks with National Authorization in Nigeria
Citibank Nigeria Limited
Ecobank Nigeria
Heritage Bank Plc
Keystone Bank Limited
Polaris Bank Limited. The successor to Skye Bank Plc.
Stanbic IBTC Bank Plc
Standard Chartered
Sterling Bank Plc
Titan Trust Bank Limited
Unity Bank Plc
Wema Bank Plc

Commercial banks with Regional Authorization in Nigeria
Globus Bank Limited
SunTrust Bank Nigeria Limited
Providus Bank Limited

Non-interest banks in Nigeria
Jaiz Bank Plc
TAJBank Limited


Central Bank of Nigeria,
Plot 33, Abubakar Tafawa Balewa Way
Central Business District,
Cadastral Zone,
Abuja, Federal Capital Territory,
Nigeria
https://i2.wp.com/www.nta.ng/wp-content/uploads/2016/06/cbn.jpeg?resize=759%2C455&ssl=1

Access Bank
No 14/15, Prince Alaba Oniru Road, Oniru, Lagos
https://i0.wp.com/cacons.com/wp-content/uploads/2019/10/11.jpg?resize=480%2C568&ssl=1

Fidelity Bank
Fidelity Place 2, Kofo Abayomi Street, Victoria Island, Lagos, Nigeria
https://i2.wp.com/newspeakonline.com/wp-content/uploads/2016/05/fidelity-2.jpg?resize=700%2C400&ssl=1


First City Monument Bank
Primrose Tower, 17A Tinubu Street, Lagos, Nigeria
https://www.relbanks.com/images/nigeria/fcmb.jpg

First Bank of Nigeria
35 Marina Rd, Lagos Island 102273, Lagos
https://i1.wp.com/media.premiumtimesng.com/wp-content/files/2021/01/First-Bank-headquaters-scaled.jpg?fit=2560%2C1707&ssl=1

GTB Bank
Plot 635, Akin Adesola Victoria Island
https://i2.wp.com/consultantscollaborative.com/images/slides/gtb-headquarters/76.jpg?resize=753%2C979&ssl=1

Union Bank of Nigeria
Stallion Plaza 36, Marina P.M.B 2027 Lagos
https://i0.wp.com/www.edinburghjournalisminternational.com/wp-content/uploads/2015/06/1058995022_e32d6490cb_b-1024x683.jpg?resize=792%2C528

United Bank for Africa
57 Marina, Lagos Island, Lagos
https://i2.wp.com/1stnews.com/wp-content/uploads/2020/03/UBA-head-office.jpg?resize=568%2C378&ssl=1


Zenith Bank
Plot 84 Ajose Adeogun Street, Victoria, Island, Lagos
https://i2.wp.com/desimoneltd.com/wp-content/uploads/2016/10/FD4-2018_05_18-12_56_31-UTCNEW.jpg?resize=679%2C500&ssl=1

Citi Bank
27 Kofo Abayomi St, Victoria Island 106104, Lagos
https://i2.wp.com/tillyardng.com/wp-content/uploads/2018/10/citibank1.jpg?resize=616%2C616&ssl=1

Ecobank Nigeria
Ahmadu Bello Way, Victoria Island 106104, Lagos
https://i2.wp.com/sunnewsonline.com/wp-content/uploads/2018/07/ecobank.jpg?resize=640%2C480&ssl=1

Heritage Bank Head Office
292B Ajose Adeogun St, Victoria Island 106104, Lagos
https://i2.wp.com/explain.com.ng/wp-content/uploads/2020/05/Heritage-bank-1.jpg?resize=600%2C350&ssl=1

Keystone Bank
Keystone House, 1, Keystone Crescent, Victoria Island, Lagos
https://i0.wp.com/fmaarchitects.com/wp-content/uploads/2018/10/CIMG2256.jpg?resize=800%2C600

Polaris Bank
3, Akin Adesola Street, Victoria Island, Lagos
https://i2.wp.com/gnbnews.com.ng/wp-content/uploads/2020/04/polaris-bank-1-e1566374644310.jpg?resize=800%2C421&ssl=1

Stanbic Ibtc Bank
Walter Carrington Cres, Victoria Island 106104, Lagos
https://i0.wp.com/investogist.com/wp-content/uploads/2020/08/stanbic_Bank__1473977313_91494.jpg?resize=700%2C466&ssl=1

Standard Chartered
142 Ahmadu Bello Way, Victoria Island 106104, Lagos
https://fmaarchitects.com/wp-content/uploads/2018/10/standard_chartered_bank_gallery4-1239-57a6a62dc2e65.jpg

Sterling Bank
Sterling Towers, 20 Marina, Lagos Island, Lagos
https://constructionreviewonline.com/wp-content/uploads/2021/06/Sterling.jpg

Titan Trust Bank
1680 Sanusi Fafunwa St, Victoria Island 106104, Lagos
https://i1.wp.com/titantrustbank.com/wp-content/uploads/2020/12/IMG_0408111-scaled.jpg?resize=800%2C429&ssl=1

Unity Bank
Plot 42, Ahmed Onibudo Street, Victoria Island, Lagos
https://i2.wp.com/media.premiumtimesng.com/wp-content/files/2019/09/headquarters-of-Unity-Bank-Plc-in-Lagos.jpg?fit=1280%2C720&ssl=1

Wema Bank
54 Marina Rd, Lagos Island 102273, Lagos
https://i1.wp.com/www.bellanaija.com/wp-content/uploads/2020/05/private_var_mobile_Containers_Data_Application_1A0710AA-4596-41B2-A874-893B6B4D6B2B_tmp_C53390BC-8D58-4460-B1BB-898C1D79A4D9_Image.jpeg?resize=596%2C796&ssl=1

Globus Bank
6 Adeyemo Alakija St, Victoria Island 106104, Lagos
https://i2.wp.com/brandspurng.com/wp-content/uploads/2020/11/Globus-Bank-Brandspurng-expands-operations-Opens-3-branches-Photos-scaled.jpg?resize=800%2C534&ssl=1

Suntrust Bank
1, Oladele Olashore Street, Off Sanusi Fafunwa St, Victoria Island, Lagos
https://i2.wp.com/nairametrics.com/wp-content/uploads/2018/08/SunTrust-Bank.jpg?fit=1600%2C1000&ssl=1

providus bank
724 Adetokunbo Ademola Street, Victoria Island 101241, Lagos
https://i2.wp.com/firstsynergiconstruction.com/wp-content/uploads/2015/02/IMG_1976.jpg?resize=740%2C493&ssl=1

Jaiz Bank Head Office
73 Ralph Shodeinde Street, Central Business District, Abuja.
https://i2.wp.com/thewhistler.ng/wp-content/uploads/2020/12/jaiz-bank-head-office-1.jpg?resize=750%2C450&ssl=1

TAJ bank
72 Ahmadu Bello Way, Central Business District 900103, Abuja
https://i1.wp.com/totorinews.com.ng/wp-content/uploads/2021/04/Taj-Bank_Abuja_-696x522.jpg?resize=696%2C522&ssl=1

https://elunmarket.com/2021/10/23/photo-gallery-and-address-of-nigeria-banks-head-office/

lalasticlala

what do you think