Building your dream home is one of the most challenging tasks in your life, first you will have to face the challenge of selecting a suitable plot of land to complement architectural design, which mainly is dependent on your budget.
Valuation is an art not a science!
The question to ask is- what determines the value of a property? How does the buyer know that a property is overpriced or seller know that the property is being sold below market value, what factors determines this?
”Colors, like features, follow the changes of the emotions” – Pablo Picasso Colors- it tells a story, it sends a message. Three months ago we got a new house for a newly married couple and out of the blues they requested that we assist them in decorating. We were stunned, because we do not do [...]
Buying property is a great source of happiness most especially when you negotiate and seal the deal of a good offer but never be in a hurry to pay for a property until you get a second and third look at it as your outlook and opinion of it may change and faults become clearer after the excitement of seeing something you like for the first time wears off.
Taking the flood in Lagos as a yardstick, it tells that there is a lot of work to be done in terms of Urban Planning. Good road networks must be accompanied by efficient drainage system and sensitization of the locals on the advantages of proper waste disposal.
Hmmmm! I have had this experience with quite a few clients-showed them a house today and wait for another week to make a decision and before you know it the house was gone,of course! Had someone who wanted to buy land but delayed for 3weeks, by the time she came back the price had increased [...]
Investing in real estate is the surest and safest form of investment as the value will appreciate, you are not affected by inflation (in fact, inflation is a benefit for you when it comes to rental income derived from real estate), you have total control over your investment and it can be used as a good collateral to secure loans.
No land is worthless. It may be of less value today but can make you a millionaire tomorrow. Do not underestimate any land. Ivana Trump said "I always felt very secure and very safe with real estate. Real Estate always appreciates" - that is truth. Stay wise, stay real!!
I was discussing with a friend who seemed to have loads of issues with Real Estate Agents and i requested that he wrote what his challenges were and how to solve them and this is what he sent: "My wife is 6 months pregnant with triplets. I was shocked when we found out and in 3 [...]