Dear Investor,

My name is Ben OlaBanji -I am A Realtor (Property Consultant)

Having practiced for good number of years in this in the Real Estate industry, where I have garnered "a little" experience in the process of service delivery, I have discovered that there are numbers of individuals out there (home and abroad) who wish to invest in properties seem to be held back by the fear of being duped (by agents companies or even their close relatives) from exploring this 21st century Real Estate opportunities. Some wouldn't even realize the concept of LAND BANKING.

The fact remains that many investors and property speculators have lost their hard earned money to fraudsters and close relatives in the process of buying landed properties, history are full of examples.

Our major concern here is what are those measures we can put in place to avoid losing our money in the process of buying land in Nigeria.

1. Buy from registered real estate companies.

There are numbers of real estate companies in Nigeria today; those who duly registered with CAC (Corporate Affairs Commission), buying from such notable companies prevent the risk of being scammed.

2. Conduct physical site Inspection to the site you're interested in acquiring in order to be double sure of what you are buying.

3. Do a search on both the company and the claimed tittle documents on offers presented to you.

For instance, to confirm if a company is duly register with CAC; all you need to do is to search through CAC website. Someone has created a thread for that on this platform and I can help to post the link to that effect on here, I could remember I bookmark the thread then.
Likewise, there is need to confirm the claims on your property in terms of tittle documents. Here you can engage the service of a lawyer or take the coordinates of the said land to appropriate quarter for verification and if you are in Lagos, go to Alausa; Ikeja to do a search on any properties within Lagos State.

4. Make payments to the company's corporate account.

Irrespective of where you are across the globe, is very important to make your payments buy yourself through commercial banks straight to the company account. For those in diaspora, use transfer and for those in Nigeria you can also make payment either through transfer, raise cheque in favour of the company you're buying from or pay cash directly through commercial banks straight to the company's account.

5. Fill the land application form by yourself and append your signature in space provided.

All the real estate companies has an application forms to be fill by their subscribers through which client personal data will be generated to issue; receipt, invoice, contract of sales, deed of assignment and survey documents.

6. Forward your filled application form to company directly through email and also copied your consultant, at least your consultant will still help you in doing some chores like following up on your documents and getting it across to you.

A lot of real estate investors like the Obasanjos, Dangotes, Tinubus, Ooni of Ife, Atikus, Oba Otudeko, Obi Jacksons, Ifeanyi Ubas, Folorunsho Alakijas, are raking in millions daily and on annual basis due to their right investments in real estate some years back. The fear of losing our money to bad eggs in our society should not prevent us from opportunities presented to us by 21st century rather we should take preventive measures in the pursuit of excellence.

From the foregoing, more and useful contributions are welcome from an experienced fellows on this forum in order for people to learn something tangible from our experiences.

This can be interactive here as we welcome first hand stories on how some have had unpleasant experience loosing their money to either fraudsters or close relatives. Kindly share your experiences with us via the comment box so that many people can learn from it and avoid similar mistakes.

We will equally appreciate that success stories be shared, for everyone of us to pick something meaningful from all our experiences.

Thank You All!

Source: PROPERTYDEALS, Real-Estate Consultant.

You can share your experience. Please drop your comment.

cc: Lalasticlala

What should we be looking forward to receive from those small small estate management when we are buying from them.....not even in Lagos now

Its security if you intact expecially when buying from a reputable firm. Unlike when buying from the Omo-Oniles or Family owners. Due deligence have been done by the estate firms. Moreso, you are dealing with a company.

RoaringLion11:
What should we be looking forward to receive from those small small estate management when we are buying from them.....not even in Lagos now

Let's share our experience (the good, the bad and the ugly) in Land and property deals.

Many wants to learn, and let's get to guide others who need to avoid such unpalatable experience.

Let's have your comment

Let's have your o opinion.

CHRISTAL VILLA QUEENS COURT

An hectares of land with Lagos State Government C of O, where beauty is heralded by nature.
An epitome of refined living featuring world class infrastructure.
A serviced estate designed for those accustomed to fine things of life.

Located at Shapati, Lakowe, Lekki Epe Expressway, Lagos.
In between Lekki and Ibeju Lekki part of Lagos Island.

Near numerous landmarks like:
Novare Mall Shoprite (biggest Mall in Lagos), Lakowe Golf Course, Lagos Business School, Green Spring School, Corona School, Caleb British International School, Coscharis Motors, Mayfair Gardens, e.t.c.

Still selling at the promo price of N5 Million per plot with free Deed of Assignment till 31st of July, 2018.
What an ideal gift for that special .........
Allocation is instant.

For site inspection, payments and further details, please call any of the numbers below:
�������

NIKE - 0706 440 1427
SAHEED - 0906 681 5852
IYKE - 0802 396 3432
ABIOLA - 0703 643 5999

You will thank me later!

Pls Call/WhatsApp: NIKE 07064401427 IYKE 08023963432 SAHEED 09066815852 ABIOLA 07036435999

Get 50% discount and free deed of assignment worth #250,000