MEMORIES PREMIER PROPERTIES

There is ample opportunity to make profit from real estate market offerings if real Estate is properly understood.  However, investing in real estate  without proper guidance can be quite complicating. The place of having a good knowledge about real estate before venturing into it cannot be too stressed. Investment in real estate goes beyond just buying a house to call your home. Before you dive into it, some basics should first be taken care of. A= AGREE ON YOUR INVESTMENT CRITERIA: Things like your investment budget, types of Properties you want to go into and locations should be agreed upon before hand. B= BE OPEN TO OPPORTUNITIES: Even after having your criteria spelt out, it should not be cast in stone. Your criteria should serve as a guide, not a law. Still keep your mind open to other good deals that may come your way . C= CONTACT A PROFESSIONAL/CREDIBLE REALTOR OR REAL ESTAT...

Have you ever had the urge to buy your first home ? Have your Landlord ever frustrated you to the level you told yourself, I MUST OWN MY OWN 🏠 THIS YEAR ? Having an urge is not good enough. You have to be sure that you are ready to make the commitment. If you’re still wondering if this is something you are ready for, we will take a look at some clear signs that reveal your readiness to buy your own property soon. Let's Go ! 1. As a working professional, there is a sense of pride that comes with owning your own home. This also gives your confidence level a huge boost and a psychological advantage. As soon as you're always feeling low been a tenant, that's a sign you need to start making plans to own your own house 2. Owning a house is largely viewed in Nigeria as a sign of maturity and responsibility. Are you already thinking what your colleagues would think about you differently if they knew you owned a house ? Then make a move to own one. 3. When you...

There's Big Money In Real Estates and here is a compilation of various Dimension you can CASH big in. You wouldn't want to miss this. Let's Go ! 1. Land Purchases: You can buy land in undeveloped areas, wait for few years and sell when development comes and value has increased. 2. Buy land and build: You can buy land, build a or houses and sell the houses or rent them out. 3. Buy house: You can buy a house, keep for a while and resell or you can buy a house and rent out. 4. OffPlan Purchase: You can buy a house, shop, or property while it is still yet to be built, and sell it once it is completed. When you buy off plan, you mostly only pay a deposit to show your interest and get an allocation, and by the time development is Completed, you can sell off and walk away with good money or turn it to a rental property. 5. Resurrection Plan: You can buy dilapidated or abandoned properties, develop and bring them to life, and then sell them for cool ca...

To many, buying a piece of property in Nigeria seems harder than climbing Mount Kilimanjaro, well it is not as hard as that... Owning a home in one of the choicest cities in the country like Lagos, Abuja, Port Harcourt and the likes can be a time-consuming and expensive investment so you have to be extra careful. You need to know what to look out for in a house and also the buying process as well before you settle on a building. To help you join the ever-growing list of landlords in Nigeria we will guide you through the deadly mistakes first time home buyers make that makes them lose their hard earned millions. 1. Not Preparing your budget 2.  Not understanding the nature of the property 3. Not thoroughly investigating properties and employing the service of expert and experienced Realtor 4. Not making a thorough search and comparing available options 5. Not verifying the titled documents 6. Not collecting all receipts and necessary documents after payment is m...

Many times clients ask are there hidden charges or some call it extra charges (I wonder where they got those terms from) to pay ? However, Truth be told there are other fees or charges to be paid aside the land price (plots of land bought) which I prefer to call STATUTORY CHARGES and they are OPENED not hidden. Oh 🤔 I guess they got those terms from past experiences though some fraudulent real estate developers/companies who hide this fees from innocent buyers not until after they had made Land payment and committed themself. Which is very Bad ! This is a more reason you need to be extra careful of whom you deal with and investigate before you drop your hard earned money for anyone. Please ! INVESTIGATE before INVESTING, AVOID stories that touches the heart. As I said earlier, there are STATUTORY PAYMENTS and these charges are not hidden but opened and this include SURVEY FEES, DOCUMENTATION FEES & DEVELOPMENT FEE (DSD). Everybody buying land should kno...

What this simply means is that if you don’t know how to arrange your financial affairs in such a way that your money takes over the responsibility of working for you, then you will have to continue in the normal daily routine of exchanging your physical labour and time in the process of making money all the time and by the time you grow physically weak due to aging then your strength to carry on this process becomes a problem and trust me, your ability to continue making money will nose-dive and you will keep wanting to struggle for survival and in that struggle life may be lost as it happen most times to the Nigerian pensioneers. This is why you need to pay much attention when we are talking about arranging your financial affairs in such a way that money works for you. Arranging your financial affairs in such a way as to make money start working for you can be an ordious journey of 5 to 10 years or even more of building wealth consistently and that is a process that many ca...

When God called Abraham, the object of the promise to bless him was in LAND - Gen.13 verse 15 At Memories Premier Properties our core purpose is “To empower people and provide solutions to the real human problems in the real estate sector”. As part of empowerment we believe you need to secure your future economy by investing in real estates. Investing correctly in Lands is the most certain way to secure your future economy so this is a subject matter that shouldn’t be treated with kids glove for anyone interested and oriented towards what becomes of the future in terms of consistent economic power and security. Apart from this, it is so comforting to realise that you have secured also the future of your children’s children by investing in Lands. This referred to as GENERATIONAL WEALTH TRANSFER. Investing in Land is not only about today, but about acquiring the wealth of tomorrow. Imaging what's happening to Nigeria economy now 👇 By year 2050 the Niger...

UNITED NATION REPORT ON NIGERIA’S POPULATION OVER REAL ESTATE. The UN department of economics and social affairs has predicted that by the year 2050 Nigeria will be the third largest in the world among countries with the largest population coming behind China and India. -The current population of Nigeria is 200,416,053 as of Monday, May 27, 2019, based on the latest United Nations estimates. -Nigeria population is equivalent to 2.6% of the total world population. -Nigeria ranks number 7 in the list of countries (and dependencies) by population. -The population density in Nigeria is 221 per Km2 (571 people per mi2). -The total land area is 910,770 Km2 (351,650 sq. miles) -51.9 % of the population is urban (104,282,822 people in 2019). -The median age in Nigeria is 17.9 years. This means that the 923,768km2 that makes up the land mass of Nigeria will not change but the average space per km2 available to the average Nigerian will greatly reduce which will res...

As the value of Naira continues to depreciate and the uncertainty of the stock market, many people have come to realization that the oldest form of investment of owning land is the surest guard against inflation. When the stock market was booming, many sold their properties, took loans, took their live savings to cash in the then latest windfall. Before they know what was going on, the market came crashing to low ebb thus leaving many people in debt and poverty. This old wisdom still remains valid. Land appreciate, it does not depreciate. Now that many folks have bought into this reasoning. It is important to know that given Nigeria peculiar challenge where some land grabbers commonly called Omonile in the southwest sometimes sell one land to several persons, it is important to know what kind of documents that can help in such case. Also, the proper thing to do in purchasing a piece of land. Not following the proper process can lead to loss of earned money, debt, stroke and other ...

👉🏿👉🏿👉🏿Swipe to see what Contract of Sales looks like. CONTRACT OF SALE is a document issued alongside with receipt, invoice & acknowledgment letter once payment of land is made. WHY ARE LAND CONTRACTS USED ? As with other types of seller financing, a land contract may be advantageous to both buyer and seller. .   BENEFITS TO BUYERS.  There may be a buyer interested in the real estate for sale but who, because of their credit history or other reasons, cannot obtain approval for a needed mortgage. The parties can enter into a sale by land contract so that the buyer makes monthly payments directly to the seller.   BENEFITS TO SELLERS.  If the seller does not receive the full purchase price up front, like the seller would if the buyer used a mortgage or paid all cash, but the seller may have more options for potential buyers. A contract of Sales is necessary. Also, the seller may be able to negotiate a higher purchase price on the property...

When we say invest in Ibeju Lekki... we do not mean it's a must you come and live here, what we are informing you is to leverage on the industrial boom in the area and position your self for capital gains through Real Estate Investments... Listen to what the Richest black Man  @alikodangote has to say about his Investment in the Lekki Free Zone at Ibeju lekki. You may be asking the question HOW ? Dangote Refinery is to employ 70,000 staffs... which means 70,000 people will be in need of homes... 1️⃣ You can invest in our rental apartments🏬 and get paid rental income. 2️⃣ You can invest in our commercial plots of lands and develop either a shopping mall, school, recreational facility or hotels 🏫. 3️⃣You can invest by acquiring residential lands, develop and sell the houses🏘️. And Dangote Refinery is not the only industry coming up there, others like Kellogg's, Arla, Dano Milk Industry, Longrich, Jiu Hua, Power Oil are already present and working, Lekki Dee...

One of the happiest days in one’s life is the day you are able to buy a piece of land, especially in any part of Lagos, Abuja, Port Harcourt, Awka, Enugu, Ibadan and the likes. In fact, it is a landmark achievement that indicates that one is making headway in life. Besides, it is an investment that you will outlive and bequeath on your children🤔. It is indeed, a worthy investment. 👉 Moreover, recent downtrend in the capital market has come to put investment in landed property ahead of stocks, which used to be the toast of investors😁. Investment advisers are of the opinion that investment in landed property is not only for the purpose of having a Roof on one`s head, but it is also a means of generating income for business expansion👌. Particularly, LANDED PROPERTY IS CREDIBLE COLLATERAL WHEN SEEKING LOANS FROM BANKS. However, it is not enough to buy a piece of land; you have to be able to prove that you are the rightful owner. You need some government documents that co...

Real estate can be tricky when you don't know the right questions to ask. . . . Before buying a property, these two questions must be asked. . . 1. How is the area ? LOCATION is one of the most fundamental worry in Property Acquisition. Regardless of what property you are buying or why you are getting it, nothing is a higher priority than the area. Land is a venture and you shouldn't get one with no resale esteem. In the event that you are beginning a business, don't purchase a land totally separated from potential clients and on the off chance that you are intending to assemble a house, don't purchase a package of land you can't expand on. . . Looking for a real estate parcel additionally implies looking for the community simultaneously. At the point when you've scored a success in the two classes — community and land — you'll realize you've settled on a decent decision. . 2.  Is there any zoning limitation on the land ? It's bas...

 💧Ibeju-Lekki is fast developing and is the fastest developing Local Government Area in Nigeria. It is also the first and only local government area in #Nigeria to have an Oil Refinery,Sea Port and International Airport,which is like having Port Harcourt, Apapa & Ikeja in one place. You can imagine🤔 what the local government will become in the next 10 years from now. Hope you can understand why I said it will generate over $5b for #Lagos state ?. If you are yet to, Check this  OUT 1. LEKKI INTERNATIONAL AIRPORT The N7bn Lekki International Airport is a Lagos state project situated in Ibeju-Lekki. It is designed to drive urban development and tourism in the Ibeju-Lekki Area of Lagos state.It's Located about 10km from Lekki Free Trade Zone (LFTZ) 2. LEKKI DEEP SEAPORT The $1.5bn Lekki Deep Sea Port which the Lagos State Government started in constructing in 2015. It will then be the largest seaport in Nigeria by the time it starts operation, the Lekki Deep Se...

You should suspect you may be getting duped when; 1. You need to hold up until the seller informs you that it's convenient to visit the land. 2. The Merchant or real estate firm gets disturbed on hearing that you mean to include your legal counselor (lawyer) in the exchange to assist you with researching the legitimacy of the documents, the property and agreements. 3. At the point  you cannot see solid verification of the land's essential title documents demonstrating proprietorship. For example C of O, Governors Consent, Town Extraction, Deed of Task from the First Proprietors, Confirmation of Procurement Receipt that can be checked and a large group of numerous different documents to affirm true ownership. 4. The dealers are demanding you should pay first in advance before you review the land, house or title  reports. 5. When you find out the firm had never successfully delivered on previous promises (Only Signpost on the land for past 2 years). The solution ...

REAL ESTATE can be risky and full of fears especially in this part of the world. But it doesn't have to be. . . Here are some common fears and ways to mitigate them 👇 . .  1.FINANCE: Many potential investors in Nigeria feel they need a whole lot of money to invest in real estate and this is not necessarily always the case. While you do need money to invest, you have a lot of options available to you that don't need a ton of money. For example, with just #850,000 naira you can get property at Dallas court, Ibeju-Lekki, Lagos. . . Some property deals even allow you pay instamentally over a period of years. . . 2. FEAR OF BEING DUPED: This fear is very real in a country like Nigeria. Almost every other day, people are being  cheated out of their hard earned money in property deals. They either don't get the full value of what they paid for or they don't even get their property at all. . . A solution to this is to carry out proper verification of land...