We shared steps in buying a house or landed properties in Nigeria, also with House/ property buying checklist and things to consider.
Ready to buy a property/ house in Nigeria perhaps in Lagos, Abuja or Port Harcourt? Then you’ll probably have many questions, such as — where should i buy? What are the steps i need to take? What documents do I need? How about the legals fees? And more. Answers to some of which you will find in this mini home buying guide along with other important tips.
Whether you want to invest in real estate or simply buy a home to live in, the house buying process can be exciting and stressful at the same time. Making appropriate preparations and having the right mindset, can help you find the right property with the least amount of stress. Use these checklist to consider before buying a property/ house, it will help guide you into making the right decisions.
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Our checklist covers house hunting, what to look for when buying, potential hidden costs of home ownership, things to avoid and essential questions to ask before committing to purchasing a property.
Steps to buying a house in Nigeria
- Do your house/ property research
- Know how much you can afford — save a deposit
- Find out if you qualify for a mortgage or housing scheme
- Get a real estate firm/ agent
- Start house hunting
- Submit an offer on a property
- Have the property inspected
- Close the deal
House buying checklist with tips and things to consider.
The previous section outlined the entire property buying process — from start to finish. With the following home buying checklist and tips, we will expand on those steps in detail. You will then have the complete picture of how to buy a house in Nigeria.
- Give your property search some time
- What is your budget
- What is your ideal property
- Manage your expectations
- Be aware of hidden costs
- Government or private led housing schemes
- Find the right real estate agent
- Choosing a location
- Find out listing prices for properties
- Property prices do fluctuate
- Visit and get a feel for the neighborhood
- What are the neighborhoods future prospects
- Ask questions when you go for viewings
- Go for multiple viewings
- Have your camera ready — take pictures and notes
- Home buying deal breaker checklist
- Before closing on your property
When it comes to how to buy house or Properties in Lagos, Abuja or Port harcourt Nigeria, it is very important to use an experience real estate agent/ firm. This will save a lots of stress, time and waste of resources.