Managing Landlord Wahala & Saving to acquire your own landed property…

Let’s be honest — living in someone else’s house in Nigeria today is not easy.

Every year:

  • Rent increase
  • “My son needs the house” quit notice
  • No water, you fix it
  • NEPA bill wahala
  • You paint the house, landlord collects
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Now that you have that landed property in ATUMA, what next?

Congratulations! You now own a piece of Atuma-Iga. You have done what many only talk about — you have secured your 464sqm.

But buying is just step one. Many people buy land and leave it for 5 years, only to …

Why investing in ATUMA is very important now…

If you miss Asaba, don’t miss Atuma.

A few years ago, people said Asaba was bush. Those who bought when it was cheap are now landlords collecting millions. Today, that same story is repeating itself in ATUMA-IGA, and smart …

Is it wise to pay expensive rent or acquire landed property?

It depends on your financial situation, goals, and location. Here’s a breakdown of both options:

Paying Expensive Rent

✔ Flexibility – Renting allows you to move easily without being tied to a property.
✔ Lower Upfront Costs – No need …

What to know about “LAND BANKING”

Land banking in Nigeria refers to the practice of acquiring large portions of land at a low cost, holding them for a period, and then selling them at a higher price once the land appreciates in value. This strategy is

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Why you should survey your land

Surveying your land is crucial for several reasons, whether you’re buying, selling, building, or maintaining property. Here are some key reasons why land surveying is important:

1. Establishing Property Boundaries

  • Prevents disputes with neighbors over property lines.
  • Ensures that fences,
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How do I make a competitive offer on a house?

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Making a competitive offer on a house is crucial in a competitive real estate market where multiple buyers may be vying for the same property. Here are some strategies to help you make a strong and competitive offer:

1. Get

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What is a contingency in a real estate offer?

A contingency in a real estate offer is a condition or stipulation that must be met for the sale to proceed. Contingencies protect the buyer’s interests by allowing them to withdraw from the contract without penalty if certain conditions are …

What should I look for when touring a home?

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When touring a home, it’s essential to pay attention to various details to make an informed decision about whether the property meets your needs and preferences. Here’s a checklist of things to look for when touring a home:

Exterior Inspection

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How do I choose the right neighborhood?

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Choosing the right neighborhood is a crucial decision when buying a home, as it can significantly impact your quality of life, daily routine, and overall satisfaction with your new home. Here are some steps to help you choose the right …

What is a home inspection?

 

 

https://openhouseinsurance.com/wp-content/uploads/2022/04/What-Is-an-Inspection-Contingency.jpgA home inspection is a comprehensive examination of a property’s condition, typically conducted by a qualified professional, such as a licensed home inspector. The purpose of a home inspection is to provide the buyer with a detailed report …

What is an earnest money deposit?

what is an earnest money desposit

An earnest money deposit (EMD) is a sum of money that a buyer provides to the seller as a show of good faith when making an offer on a property. This deposit demonstrates the buyer’s serious intent to purchase the …

What is a buyer’s market vs. a seller’s market?

buyer's market vs. seller's market

A buyer’s market and a seller’s market describe two different conditions in the real estate market, each with distinct characteristics and implications for buyers and sellers. Here’s an explanation of each:

Buyer’s Market

Definition: A buyer’s market occurs when there …

How long does the home buying process take?

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The home buying process can vary in length depending on several factors, such as market conditions, the buyer’s preparedness, and the complexity of the transaction. On average, the process takes about 4 to 6 months from the start of searching …

What are closing costs?

https://bethandryan.ca/wp-content/uploads/2021/01/shutterstock_1309642582.jpgClosing costs are the fees and expenses associated with finalizing a real estate transaction. These costs are paid at the closing of a real estate deal, when the title of the property is transferred from the seller to the buyer. …