1. Define Your Budget Determining your budget is the first and most crucial step. Here’s how to set it: Credit Score Check: Start by checking your credit score, as it affects the mortgage rate you’ll be offered. The higher your score, the lower your interest rate, which can mean significant savings over time. Down Payment:...
Buying a home is one of the most significant financial decisions you’ll ever make, and while many homebuyers are familiar with the purchase price, many overlook an essential part of the transaction: closing costs. Understanding these expenses can help you prepare financially and avoid surprises when it’s time to finalize your home purchase. This guide...
Investing in real estate in Nigeria can be a lucrative and rewarding venture, but it’s also surrounded by myths and misconceptions that can discourage investors from investing. These myths often create unnecessary fear and confusion, preventing people from recognizing the true potential of the real estate market. In this article, we’ll debunk 10 common myths...
The real estate industry in Nigeria in recent times, has become booming sector, and has helped many Nigerians to create job roles, regardless of if they are professionals or newcomers. Accessing this opportunity is due to some factors like rapid urbanization, growing population, and increased demand for housing, commercial spaces, and infrastructural development, and has...
Records have shown that the real estate market in Nigeria has seen a rise in development over the past decade, and we are going to be talking about three areas that stand out, namely: Epe, Simawa, and Ibeju-Lekki. Epe, Simawa, and Ibeju-Lekki. These locations are some of the most promising property locations in Nigeria today....
With more individuals and investors looking for opportunities to buy, sell, or rent properties, one of the most common ways to sell your properties is to advertise it, which is commonly through ‘Property listings’. This term is for both sellers and buyers as they need to understand it so they can sell their properties successfully,...
In real estate, terms like “assets” and “liabilities” are thrown around frequently. These terms, though fundamental to financial success, can sometimes feel a little confusing. What exactly qualifies as an asset? How do you know when you are looking at a liability? And more importantly, how do you navigate these concepts to build a proper...
If you are familiar with the term ‘Land Banking’, you would know how old the concept is; buying land at a low price today, holding on it and selling it in the future when it’s value has increased. In this blog, we will be discussing what makes land banking a standout investment strategy, and how...
Investing in real estate has always been a foundation to build wealth, which is of course, for good reason. If you are looking to diversify your investment portfolio, secure a steady income stream, or start your journey to long-term financial security, real estate is the real deal! Real estate offers special advantages that other investment...
You should know that the real estate market offers a wide opportunity for earning a steady income. Although it’s not as easy as you might think, you would have to put in some extra work to make money from real estate. Let’s discuss the possible ways to make money from real estate, so here are...
