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Showing posts from December, 2018

Land Documents in Nigeria 5 Very Important Documents to Ask

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[caption id="attachment_8547" align="alignnone" width="424"] 5 Important land Documents in Nigeria [/caption]   1. Land Purchase Receipt : We all go out and buy different stuffs at the store and demand for receipts. It is not too different with the purchase of land properties. Immediately you have verified the authenticity of the land and other property documents listed below, you must demand for the receipt of payment. These days, never do a transaction with cash. It becomes near impossible to trace again once you pay off. The best means of payments are through cheques addressed to the company or through online transfers. This way you are rest assured that your payment and the beneficiary can be easily tracked in case there are issues in the nearest future. Again I cannot over emphasize the point NEVER DO CASH TRANSACTIONS!! In case you are buying from a family, then you need to ensure you go directly to the family lawyer who will issue you a receipt (fa...

Okunnu urges professionals to end high cost of construction

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Former Federal Commissioner for works and housing, Chief Femi Okunnu Former Federal Commissioner for works and housing, Chief Femi Okunnu has appealed to quantity surveyors to help the government in reducing the increasing cost of construction in the country. Okunnu said as the determinant of the quantity of building materials needed for construction, the professionals have the primary responsibility to help the nation in cutting down prices of building materials He spoke at the Nigerian Institute of Quantity Surveyors (NIQS), Lagos Chapter annual dinner/investiture of new chairman and inauguration of new senate members of the chapter. He expressed concerns on the situation and urged quantity surveyors to work with the federal, state and local governments as the most qualified professional in the sector to mitigate the challenge. “You have the primary responsibility to help the nation to bring down the cost of building in the country. It is gratifying that we now have a large numb...

Why You Shouldn’t Put a Home Search on Hold in December

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December is typically the slowest month in the housing market, but it can be a great month for home buyers who have been sidelined to finally make their move. This month may be busier than previous December’s for that reason, too, economists say. Some buyers may be looking to take advantage of steadier mortgage rates—which are still averaging below 5 percent—and home prices that are easing somewhat. “I see more people buying right now because they’re afraid rates will be higher in 2019,” Lynn Fairfield, a real estate professional with RE/MAX Suburban in Chicago, told CNBC. DodgertonSkillhause - MorgueFile Mortgage rates are still nearly a percentage higher than they were a year ago, but they are still under 5 percent. Freddie Mac reported last week that the 30-year fixed-rate mortgage averaged 4.75 percent. Rates are largely predicted to move higher in 2019. Housing affordability has become a mounting issue in the housing market, but home prices a...

7 questions to ask before signing a lease

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Renting a house is a great a way to live affordably and it’s even better if you split the costs with a few housemates. However it’s important to ask the right questions before signing a lease. Renting houses takes practice and can often mean learning from costly mistakes. Avoid falling into the traps that come with being an inexperienced renter by asking these seven questions before taking the leap. Ask your agent plenty of questions before signing your lease. 1. Can I take the lease home and read it properly before signing it? If you’ve been approved for a house that you’ve applied for, it’s fine to ask for a day or two to properly look over the lease and make sure the terms are reasonable. Be prompt about it, but make sure you read over it carefully and have a trusted friend look at it too. This will stop you from signing on the dotted line of dodgy lease. Ask for a day or two to look properly over the lease before you sign it. 2. Is this a typi...