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5 Tips for Buying a House Without Regret

The issue of lack of trust is becoming rampant these days as people tend to doubt the authenticity of products under sale and the sincerity of sellers also. This is not an exception in the case of buying a house.  Real estate business in Lagos has seen a lot of people get scammed by fraudulent agents. In many cases, it is either the buyer is deceived to buy an already purchased property or to buy a formerly occupied house with hidden faults.

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However, there are simple measures to adopt in order to avoid embarking on a regretful real estate transaction. So, if you are buying or considering purchasing a home, then you might benefit from the following tips.

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 Find out about your agent

Finding agents in a city like Lagos can be very stressful as you would want someone you can trust. However, with our pool of trusted agents, you can save yourself the headache of roaming around by simply finding an agent on our website.

Questions to ask Your Agent

It can be hard to ask questions if you do not know what to ask and as such, it is important to have a checklist of things that you think is important to you. It is also essential that you talk with the agent about the previous owners if it is not a new home.  If it is a newly built house, then ask the agent about the neighborhood and what the developed land used to be.  At ToLet.com.ng, we deal with trusted agents. 

Some homes are built on reclamation lands that used to be bodies of water. If that’s the case, then it is important that you know which developer it is and what potential problems one might face. 

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The Early Bird Catches the Worm

One trick that can really help you decide is to arrive a few minutes early before your agent to take a good look and feel of not only the property but also its neighborhood. This would allow you to see if the place is safe and in a good location. If you do not feel safe or feel threatened then it is best to politely decline after the tour.

Two Eyes are better than one

While you may be impressed by the sweet talk of the real estate agent, having someone with you can help a lot especially if the agent is not paying attention to that person. Your friend or your relative can help you spot some problems of the house and if they have their own homes chances are, they would be able to check places that can cause problems especially if they experience it first-hand.

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A second person would also help you make an informed decision as they can also ask questions that you have not thought about, hence, preventing you from making a quick decision that you may regret later. Your friend can also take a video or photo of the rooms, window fixtures, furnishings and other details that you may find useful.

 

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Compare House prices

To avoid being extorted with the price of the house you intend to buy, ensure that you compare house rents within that vicinity.   If budget is no issue then you might also hire a real estate professional to check the house for you. You have to pay some extra money but it will be worth it in the end.

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