How To Negotiate The Best Deal When Buying A House; Everyone wants to get the best deal possible when buying a house. But how do you make sure you don’t pay too much? The answer is simple: you need to know how to negotiate. Negotiation means talking with the seller to agree on a price and other important things that work for both of you. In Nigeria, buying a house can be tricky because there are many...
Property Price
When you want to buy a house in Nigeria, one important step you must understand is the earnest money deposit. This is a small amount of money you pay to show the seller that you are serious about buying their property. Think of it as a promise or handshake that says, “I really want this house.” Usually, this deposit is about 1% to 5% of the property price, but it can change depending on the market and...
Whether you are planning to sell, rent, or just want to understand your investment better, knowing the factors that drive property value is very important. In Nigeria, property value is influenced by many things like where the property is located, the condition of the building, the security of the neighborhood, and even the availability of good roads, schools, and hospitals nearby. Economic factors such...
Owning a home is a big dream for many people, especially for those who earn little money. For low-income earners in Nigeria, owning a home usually means having a small but comfortable house in a safe and affordable area. It might not be a big house in the city center, but it can be a decent home in places where prices are lower, like the outskirts of big cities or smaller towns. To make this dream real,...
Abuja, Nigeria’s capital city, offers a unique living experience for remote workers. The city is known for its planned layout and relatively peaceful environment compared to other big cities in Nigeria. You will find Abuja’s general living conditions comfortable because it has cleaner streets, better security, and less traffic congestion in some areas. However, like many growing cities, Abuja faces...
You need to know the general cost of homes in Nigeria while considering being a homeowner, the price changes frequently due to the evolving real estate landscape in the country. With a burgeoning population, rapid urbanization, and a significant housing deficit estimated between 17 and 20 million units, the demand for affordable homes continues to outpace supply in the country. However, rising inflation,...
If this is your first experience of purchasing a property or being a first-time home buyer, your excitement about the prospect will be understandable. You have been living with your parents for long or have spent most of the previous years at college. Now, imagine moving up to the next level of life to purchase a property for you and yours! The experience is sure to keep you awake all night in excitement....