Amazing Property

[FILE] Some of the newly inducted associates of the Nigerian Institution of Estate Surveyors & Valuers (NIESV) .. in Lagos The Nigerian Institution of Estate Surveyors and Valuers (NIESV) was founded in 1969 by the few qualified General Practice Chartered Surveyors who were trained mainly in the United Kingdom. The Institution was granted government recognition by the enactment of the Estate Surveyors and Valuers (Registration Act)” Decree No. 24 of 1975. The first Annual Conference was held at Ibadan in 1969. The Estate Surveyors and Valuers Registration Board of Nigeria (ESVARBON) is empowered to regulate and control the practice of the profession of Estate Surveying and Valuation in the country. The Institution is affiliated to the International Real Estate Federation (FIABCI), Commonwealth Association of Surveying and Land Economy (CASLE), International Federation of Surveyors (FIG), Royal Institution of Chartered Surveyors (RICS), Association of Professional Bodies of...

Where to Buy Single-Family Rentals in 2019 | Realtor Magazine Internet Explorer does not currently support REALTOR® Magazine search. IE users, please download Firefox, Chrome, or Edge. Investors are still finding the single-family rental market a lucrative business. The average annual gross rental yield for a single-family home (that is, the annualized gross rent income divided by the median purchase price) was 8.8 percent in the first quarter of 2019, up from 8.7 percent a year prior, according to ATTOM Data Solutions’ Q1 2019 Single-Family Rental Market report, analyzing 432 counties with populations of at least 100,000. “Buying single-family homes to rent them out is a better deal for investors so far this year than it was at the same time in 2018, as profit margins are rising in a majority of counties across the United States,” says Todd Teta, chief product officer at ATTOM Data Solutions. “Last year, at this time, investors were s...

Have you ever applied for a rental and been denied? Most people in the rental market get rejected from a property at some stage, and the landlord might not tell you why. And so, we nutted out a few essential tips to help you win the rental of your dreams. Put your best self forward at any rental inspection. 1. Dress up Always look your best when attending a rental inspection. We’d all like to think that looks are irrelevant when it comes to choosing potential tenants, but landlords and agents are only human, so being well presented will almost certainly boost your chances of success. You can certainly be yourself, but it might be best to leave the stubbies, ugg boots and black lipstick for when you’ve actually moved into your lush new pad. 2. Be on time Nothing makes a bad first impression quite like being late. But if you’re the first one waiting outside the rental property and greet the real estate agent with a lovely big smile, that makes you memorable, which h...

You'd be a homeowner right now if it weren't for one thing: the down payment. Right? Even for those who have decent credit and make good money, the down payment is often the great homeownership killer. For many others, who do have enough money set aside to make a substantial down payment, the question is: how much? Conventional wisdom—not to mention most of the banks and a good portion of homebuying and financial experts—will tell you that 20 percent is the standard bearer when it comes to down payments. But is it really necessary to put 20 percent down? The short answer is: no. Now for the long answer. "Raising a 20 percent down payment isn't an easy thing to do. Fortunately, you don't have to. "It's a myth that all homebuyers must have a 20 percent down payment to buy a home," says Nancy Herrera-Siples, a Riverside, Calif., branch manager at Primary Residential Mortgage on U.S. News. "So why do you constantly hear that you need to pu...

A coworking station in Lagos The traditional offices have recently been superseded by coworking spaces which have proliferated all over the world. Shared spaces concept is not only great choice for small and growing businesses but also chosen by big corporations. It brings about the creation of a thriving community and fostering networking, such offices are becoming more and more popular among millennials and, thus profitable for their owners. According to a survey conducted by Deskmag, a magazine about coworking, about 1.7 million people will be working in some 19,000 coworking spaces across the globe by the end of 2018. Of the total number of coworking spaces, 29 per cent were opened over the past two years. About two-thirds of that total anticipates expanding their area by an average of 70 per cent, and a third are planning to open at least one more location. In Nigeria, the development is fast usurping the traditional office space, creating more void than anticipated in that segmen...

A real estate company, GOT Formation limited is seeking partners and investors for its proposed estate development plan in Abuja, Lagos, Rivers and other states in Nigeria. GOT Formation is a limited liability company incorporated under the Companies Act of 1990 with registration number –RC 880753 registered in 2010 that specialises in Real Estate development, civil and engineering construction, property management, property sales and letting. The company offers investors the opportunity of earning 32% Return on Investment by getting a monthly return on investment from the 10th month of initial investment. It also offers a return on capital plus last profits by the fifteenth month and the opportunity for rollover and continuous investments in other projects. Managing director of the company, Talabi Ayobami, said the idea is to bring land and house ownership to the doorstep of the ordinary Nigerian who wants to own a house as it will be done in batches. Ayobami disclosed that the p...

Advice Young Adults Need to Avoid Buyer’s Remorse | Realtor Magazine Internet Explorer does not currently support REALTOR® Magazine search. IE users, please download Firefox, Chrome, or Edge. Most young adults have financial regrets about their home purchase, a new Bankrate survey shows, but much of their grief could have been avoided with proper planning. That’s where you come in: Younger buyers have a need for more professional guidance about the costs of homeownership. © JackF - Fotolia.com Sixty-three percent of millennial homeowners—more than any other generation—expressed buyer’s remorse, most often pertaining to closing costs, home maintenance, and other hidden expenses, according to the survey of more than 2,000 consumers. “When you buy a house, you can’t call the maintenance company or a landlord to fix major issues; it’s all on you,” says Luis Rosa, a financial planner in Henderson, Nev....

Sloping blocks have traditionally been shunned by home builders, with only the most adventurous picking up the gauntlet. But, as construction techniques advance and more and more companies introduce designs specifically tailored to steeper sites, building a dream home on a hill is becoming more achievable  That’s not to say building on a slope is easy. It presents its fair share of challenges. But these challenges can be overcome, and sloping blocks of land are often cheaper than flat blocks, so it’s worth persevering – if only for the view.  Building on a sloping block is often more expensive, but it offers commanding views. Picture: realestate.com.au/buy Challenges of sloping block houses There are many hurdles to building a hillside property. The sloping block affects almost every aspect of the build, and this means construction can become costly.  Builders often need to excavate or build retaining walls to manage the steep slope. They need to ne...