One of the major fears that people have when buying Real estate in Lagos is the fear of being a victim of scam of one’s hard earned money when buying property to the tune of millions of naira. Here are some of the tips to abide by to avoid being scammed.

Avoid Excision in Progress:

Excision is the act of dividing the land between the community and the government. Some lands are still under the process of being divided between the community and state and this can take a very long time, hence the term Excision in progress. So do not purchase any property under Excision in Progress.

 Go with a good property Lawyer:

Property lawyers are experts on land laws and property laws. Hence they are very much recommended when you want to seek out or buy out a land. Guaranteed, they are usually expensive or can be pricey, but I think it’s a small price to pay to be potentially swindled of land that can run into millions and time battling in court over a land dispute.

Check : Genuine Properties In Lagos

Buy from a Real Estate Company:

Sometimes an agent or friend might want to show or sell land to you, or sometimes you might run into a good piece of land and property and be very eager to purchase it. However, resist that temptation almost 99% of scams come from buying land from agents or omo-onile or from an unreliable and fake Real estate agency. Buying from a reputable real estate company would save you a lot of stress.

In conclusion

Having said all these, it is important to carry out your due diligence before putting your money on any property whatsoever. Real estate scam in Lagos is real and it happens almost everyday across the country. Omo-oniles are no people you should transact with because they use everything within their power to scam people of their hard earned money.

If you find this useful. Kindly share with your friends and family because you might be helping them.