Prime Neighbourhood Properties Ltd.

Home buying Guide

Buyer's Guide

Buying your home guideA house becomes your dream home not because of its features, but because it resonates with who you are. It is the moment you step inside and see a future filled with memories and dreams. It is not just about a property; it is about creating a space where your life truly unfolds.

Know the cost of buyingBefore you start shopping around for a new home, discuss with your Prime Neighbourhood realtor the standard cost of home buying in your area. Understand the market trends in the area you are interested in. Prices, demand and potential for future growth can vary widely

Conduct a physical inspectionWe will arrange to visit the homes you have selected, together and in person to determine the best fit for you. Work with a Prime Neighbourhood realtor to hone your “wants” and “needs” lists. Think about what is more important to you: an investment property, your dream home, location, or the house itself. Plan your itinerary with your Prime Neighbourhood Realtor.

What should I look for when visiting homes?

Verify property documentsIt is imperative to know that any property you buy in Nigeria does not belong to you and your generation forever. Keep in mind that there is a land use act law which vests the ownership of all lands in the country to the state government, the nature of interest is leasehold for terms not exceeding 99 years, you might need to understand how this affects your buying process. Understand that there are legal and other costs associated with the purchase of the property itself. Ensure that the property has a valid Certificate of Occupancy (C of O) and other legal documentations proving ownership. Check for any encumbrances or disputes associated with the property. Seek legal advice and consult a property lawyer to review all documents and contracts before finalizing the purchase, this helps prevent legal issues or misunderstandings.

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