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All you need to know about National housing fund scheme

National housing fund

NREH was in an interview with Mr. Odukwe Emmanuel, the head of mortgage banking services at Citicode mortgage Nigeria. This interview addresses the things you need to know about the National Housing fund scheme. Things like the criteria needed, those that are eligible to apply, frequently asked questions and how long it takes to process. Mr. Odukwe: Criticode is one ...

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Risks to Avoid When Using Leverage in Real Estate

Leverage is the use of various financial instruments or borrowed capital to purchase and/or increase the potential return of investment—the term is used on both Wall Street and in the Main Street real estate market. The easiest example for real estate is a mortgage, where you’re using your own money to leverage the purchase. In most cases, a 20% down ...

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How to Invest In Real Estate With Little or No Money

real estate

When you invest in residential real estate, you are getting more than a home or a piece of land upon which to build a home. Real estate investment has become a popular way for people to make money, and it is not uncommon to buy a house or land without any intention of living there. Some people simply buy and ...

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Successful men in Nigeria real estate sector you should know

men in Nigeria real estate

This article contains the profile of successful men in Nigeria real estate sector that are making waves in their various fields. In no particular order, we have Reverend Ugochukwu Chime He is currently the President of Real Estate Developers Association of Nigeria (REDAN). Chief Jide Taiwo He is founder of Jide Taiwo & Company. He has a vast professional experience ...

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5 Rental Mistakes That Could Make You Lose Your Property

Rental Mistakes

Real estate rental investing seems so easy; passive income, property appreciation, tax benefits and more but people often makes some serious rental mistakes. The reality of life as a landlord isn’t so rosy. It’s hard work. It takes time, research and careful study to understand the business. It’s far easier to lose money on rental property than to make money. ...

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Real Estate Bargain Shopping: How to find good deals

Real Estate Bargain

Real estate investors, along with the rest of society, are what you may consider conscious consumers. Every time a truly good deal presents itself, investors would be hard pressed to pass it up. After all, a real estate bargain presents the perfect opportunity to maximize profits.   The cheaper you can acquire a property, the more attractive the ROI (return ...

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How to identify substandard buildings in Nigeria

substandard buildings

In the past few days, the Nigeria cyberspace and media has been filled with different news especially two cases of collapsed buildings one in Itafaji area of Lagos State and the other at Molete area of Ibadan. These two incidences had raised so many concerns about the structures and strengths of the buildings we have these days across Nigeria. This ...

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5 major warning signs of an impending building collapse in Nigeria

Building Collapse

Recently, the Nigerian housing landscape has become home to quite a troubling amount of building collapse, which many are quick to attribute to the ‘devil’, poor structural features or the contractors who built it. The sheer amount of billions and sometimes lives that have been lost during the last decade or so, to these building collapses are a cause for ...

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6 Things People Dislike About Agents And How They Can Correct It

Real estate agents

Most people hate the fact that they often times have to go through a real estate agent before they can rent, buy or sell a property because of the impression some “so called” professionals in the real estate industry have created. Asides that, some real estate agents are only after the money they can get from a deal and care ...

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