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...