People love to talk. They love to give you their input on anything and everything as soon as you utter a word about any subject that they may be the slightest bit familiar with. One big thing that people love to talk about is buying land.
Because everyone has an opinion, misconceptions are often formed and, tragically, can become commonly accepted. Many of these misconceptions can become myths as time goes on, allowing false beliefs to prevail.
We want to address 3 of the most popular myths regarding land ownership and buying land. Let’s set the record straight.
Only Wealthy People Can Afford Land
Many people believe that land is a luxury only those with loads of money can afford. While it may be true that the average man can’t afford an apartment in Banana Island, it is not impossible for anyone to purchase land. Real estate is forever growing and changing. For the business to survive, there must be customers. This means that real estate companies are always looking for new ways to make land ownership possible for more people.
Here at Ace, it is our goal to make land ownership attainable for everyone, millennials especially. One way we address this concern is by providing affordable payment plans to our clients. You don’t need to have the full cost of the land before purchase, you can make an initial deposit and spread the balance for up to 12 months. That means, you don’t need to take out a loan, and you most certainly don’t have to be wealthy to purchase land.
Buying land is complicated
This is one of the biggest myths of real estate investment in Nigeria. People have gone further to say that buying land is as complicated as buying a gun at a supermarket. This is a myth that real estate experts have taken up the responsibility to correct; buying land requires proper due diligence but this does not mean it is a complicated process.
Buying a property doesn’t have to be complicated. Ace Real Estate buying process is short and simple. First, we provide you with the right property that suits your budget, then we take you for a physical inspection to explore the property, you choose an affordable payment plan and make payment, we provide you with all the legal documents and we allot your property to you physically.
It’s as simple as that!
If you buy land, you have to build
“If a man owns the land, the land owns him.” – Ralph Waldo Emerson
Many properties have lists of restrictions a mile long. These restrictions outline all the rules for the property you just bought and the neighborhood in which you live. They often include a timeline for building, what type of home you can and can’t have on the property, the minimum size of the home you can have, the number and types of animals you may have, and so on. Sounds crazy, right? You own this property and now have to follow someone else’s rules? We think so too.
Our properties don’t have the exorbitant amount of restrictions that other properties do. You don’t have to build a home within a certain number of days or months to purchase our properties – you don’t have to build a home at all if you don’t want to.
Our properties allow for you to buy your land and maintain it regularly there are still a few restrictions on the property we sell, but they are reasonable and allow for more freedom to develop your land as you see fit.
Now that you’re well-informed, you can feel confident as you move forward with your decision to purchase the land of your dreams. View our properties and give us a call if you see something you like. We can’t wait to make your dreams of land ownership come true!
