When you are ready to buy a land, one of the biggest decisions you will have to make that will affect your investment is WHO do I buy from? Do you buy from an Omonile land or do you buy an Estate land?
These are the risk with buying a land from Omonile
There are number of problems associated with Omoniles. Most Omonile lands have one issue or the other associated with them such as land dispute cases, family dispute cases, resale of another person’s land, buying lands that belong to the government etc. hence except you’re ready to hire an Omonile lawyer to conduct due diligence on them before you are likely to lose your money.
Dealing with Omoniles is a very risky business. Of course, 70% Omonile property deals go bad and you will be treading on a thin line when you buy an Omonile land. The biggest issue you face with an Omonile land is that the person selling the land to you is not the true owner; In which case you risk losing the land or having to pay again for same land to the true owner.
Buying an Omonile land simply means you are up for the rigorous stress if you do not investigate true ownership.
You pay for everything such as agency fees, omonile signing fees, foundation fees, roofing fees, drainage, power connection, moving in etc.
Even when you do everything right from the right person and paying all the necessary fees, you still have to build a fence to ward off criminals and trespassers from stealing your land.
Until you complete your house you must always be vigilant to check on your land. Any form of complacency or negligence would only lead to criminals reselling your land
Finally, buying an Omonile land means you have to be tough and take no nonsense unless these miscreants would rob you off your land.
The Benefits of Buying a Land from a Real Estate Company
When you buy land from real estate companies or real estate developers you know who you are buying from and most of them are registered real estate companies. So your chances of being scammed is greatly reduced. Even better the chance of you being scammed is reduced to 0% when you buy from Aimart Realtors.
Investing in a real estate property provides installment payment plans for those who cannot afford to pay the full sum at once.
The Lands are usually in an enclosed environment so you would be living with people with like minds.
Most estates have proposed layout to provide parks, schools, hospitals etc.
The estates have proposed amenities so you don’t have to run around looking for blocks to build your fence, provide electricity, roads, drainage etc.
All documentations are usually done by the real estate company in favor of the buyer.
Buying from a real estate company means you don’t have to deal with Omoniles to pay sort of fees to them.
Invest in a real estate company like Aimart Realtors that can deliver and also save you the stress or fear of Omonile.
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