First Time Home Buyers Lagos Nigeria - Free Home Buyers Guide
Stop and think.
The truth is . . . money is difficult to come by. It takes a lot of hard work, dedication, and creativity to generate income. That is why people refer to their money as "hard earned" money.
So, how do first time home buyers avoid falling into the hands of fraudsters who will sell them dude or non-existent property?
Here's the thing.
Properties for sale in different parts of Lagos Nigeria have a range of prices. When you find a property for sale whose price is far far lower than the going market price for that kind of property in that area, you need to do due diligence before you buy.
First time home buyers want to buy as cheap as possible so they can reap a high return on their real estate investment as quickly as possible.
It's wonderful to buy a cheap property. And that's what the potential real estate investor desires whether a beginner investor or a seasoned investor.
However, if the property is extremely cheap, it could be that the person selling is not the real owner. The person selling may be a relative or friend of the owner who have access to the property documents. And since this person wants to secretly sell the property and cash out, he will put it in the market at dead give-away price.
So, if you're the kind of person who is passionate about buying cheap stuff in a hurry, you may fall cheaply for this kind of fraud scheme and lose your hard-earned money.
Don't be in a hurry to buy any property. Do due diligence before you buy.
One more advice.
After you have done due diligence and found that the title is clean, don't delay payment unnecessarily. If you do, you could miss an opportunity to buy into a lovely real estate investment. As they say, "delay is deadly".
I pray you take these home buying tips seriously whether you're a first time home buyer or a seasoned investor. By the way, even seasoned investors make mistakes under certain circumstances.
So, don't take anything for granted!