Home » Tag Archives: Real Estate Transactions

Tag Archives: Real Estate Transactions

Court sentences developer to 2,670years imprisonment for defrauding 133 tenants

developer

An Ebute-Meta Chief Magistrates’ Court, Lagos, has sentenced a property developer, Alhaji Ayobami Oseni, to 2,670 years imprisonment for duping 133 accommodation seekers of N25 million. Chief Magistrate O. O. Olatunji convicted Oseni following his plea of guilty to 267 counts of conspiracy, obtaining under false pretenses and stealing. He sentenced Oseni to 10 years imprisonment with no option of ...

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The Influence of Technology and the Internet on the Real Estate Industry in Nigeria

real estate industry in Nigeria

Real estate business is an information- driven business where valuable information is shared and evaluated between buyer and seller, and/or tenant and landlord before concluding a transaction through an agent who serves as an intermediary between them in the localized property market. In this article, we take a critical look at the influence of technology and the Internet on the ...

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Red flags in real estate transactions

red flags in real estate transactions

Real estate transactions involve the leasing, renting, buying or selling of property and is viewed as a very profitable venture. Unfortunately, scams and frauds are a common feature within the sector. This article identifies red flags in real estate transactions you must watch out for. Scam or fraud is a major obstacle bedeviling real estate transactions in Nigeria, this is ...

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The Dark Agents of Real Estate Business

dark agents

Don’t be easily fooled by plenty talks, not every real estate agent or developer goes into the business of real estate having their client’s best interest at heart. This article turns searchlights on the dark agents of real estate business Real estate transactions involve the leasing, renting, buying or selling of property and is viewed as a very profitable venture. ...

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The Art of Negotiation In Real Estate Transactions

Negotiation

Feeling comfortable with a real estate transaction is the easiest way to ensure that you have a positive experience, whether it be as buyer or seller. Knowing what is going on and taking an active role in the proceedings of your real estate transaction will give you the peace of mind necessary to erase some of the worry and doubt ...

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Why Due Diligence is Important in Real Estate Investing

due diligence

If you are planning to venture into real estate investing, and have done some research, I’m quite sure you’ve already encountered the phrase “Due Diligence” many times over. What then is due diligence and why is it very important in real estate investing? Due diligence in real estate investing is a process where you are taking the necessary and reasonable ...

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The Dangers of Land With Flexible Payment

Flexible payment

The dangers of land with flexible payment are numerous, especially those ones that tell you to buy two and get one free. Usually, when something sounds too good to be true it is probably not true. If a company does a promo of this nature, it doesn’t necessarily mean that you are going to get a free plot of land ...

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Real Estate Transactions To Hit $1trillion In 2020

Real Estate Transactions To Hit $1trillion In 2020

Analysts from the real estate sector have projected that transactions in the industry would surpass $1trillion globally, by 2020. The Director Global Capital Markets Research, Mr David Green-Morgan, stated that transaction volumes would be driven by the need to cater for the aging global population investment requirements. Green-Morgan, noted that by 2050 there will be more people over the age ...

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