5 Differences Between Foreclosure and Short Sales in Real Estate

A short sale is a process where you sell your home for less than what you owe, and the lender agrees to forgive part of what you owe on that loan. A foreclosure will happen if you don't make payments or can't afford them, so it doesn't make sense for both parties involved to wait around until they find another buyer who can pay more than what's owed on their loan. The word "foreclosure" can be...

3 Document to Obtain After Buying a Landed Property in Nigeria

3 document to obtain after buying a landed property in Nigeria may not be important to some people but it's ultimately compulsory to obtain this documents.  Once you've acquired your new house or apartment, it's important to protect your investment by getting all the necessary documents prepared and recorded at once. Here are three easy steps for doing just that: 1. Land Survey What is a...

5 Most Popular House Models in Nigeria

5 Most Popular House Models in Nigeria Introduction  One of the most popular house models in Nigeria is the bungalow. This type of home has an open-plan layout and can be found in both single-story homes as well as multi-story buildings. Another option is duplexes which have two levels instead of one like bungalows do but with separate sleeping areas on each level instead of sharing bedrooms...

5 Factors to Consider When Acquiring a Land

The factors to consider when acquiring a land is very important. Whether you're buying land for your home or business, you should consider the five key factors below: 1: Documentation When you are acquiring property, it is important to know the history of that piece of land. If a property has been purchased by another party in the past, then there may be debts or liens on the property which could...

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