The Ultimate Guide to buying your next Property.
Buying a home for the first time can be a daunting task, as many first-time buyers feel they are at the risk of losing so much due to inexperience. The truth is, you do not even have to be ready to buy a house before learning what it entails to buy a house, you just have to desire to buy a house..
Ways to invest in a Property for a first time home buyer is to follow these easy steps below :
- Determine that you want to buy a property.
- Choose a location.
- Look at properties for sale in your preferred location. Also read Learn How to Be a Successful Real Estate Investor , Investing In Nigeria Real Estate 101
I have put together a few pieces of advice for the first time home buyers below;
Advice 1:
Don’t be intimidated by the cost of a property. You can negotiate with the seller to arrive at a mutually agreeable price, even if it exceeds your budget.
Advice 2:
It is important to have a good payment plan. In Nigeria, most people do not like going for mortgages, but it helps, so, you can work out a mortgage plan. You can also contact the property owner and create a scheme that enables you to pay in instalments
Advice 3:
It is very important to do a market survey, compare the prices of other properties in your desired location as well as features that make some desired properties more expensive than the others
Advice 4:
Make Sure you Work with a Lawyer; Properties with C of O tend to be more expensive than those without C of O, but on the long run, a property with the adequate document is the best. A lawyer is very helpful in making a decision when it comes to buying properties.
In Conclusion
You don’t need to have capital to start looking out for properties. So check out properties for sale in the areas you are interested in.
Nnamdi OBI-IJEH
February 16, 2023Very insightful!
Ama
February 16, 2023The best real estate company💯💯
Very thoughtful and insightful
Thank you for this
Chisom
February 16, 2023Insightful.
Victoria
February 16, 2023Thank you for the Knowledge impacted.
Paul
February 17, 2023Very much insightful. Thanks for this
Davis Nwagbara
February 17, 2023Extremely impressive.
Josiah Ukperi
February 18, 2023This is very helpful, thanks for sharing.
Josiah
February 18, 2023This is very helpful, thanks for sharing.
Maryjane Emmanuel
April 22, 2023Nice one and very impactful 🙏