Buying property in Nigeria is like playing a game of Monopoly—except in this version, the rules aren’t always clear. Let’s debunk five common myths that could cost you big time.
Myth #1: The Seller Always Owns the Property
Just because someone is selling a property doesn’t mean they own it. Shocking, right? Scammers are everywhere, and if you don’t verify the title, you could end up paying for land that belongs to someone else entirely.
Myth #2: You Don’t Need a Lawyer
This is like saying you don’t need a life jacket on a sinking ship. Property deals are full of legal jargon, hidden clauses, and potential traps. A lawyer isn’t just a luxury; they’re a necessity.
Myth #3: A Beautiful House Means a Good Deal
Sure, the house might be Instagram-worthy, but what about the land it sits on? Always check the title, the zoning laws, and the land’s history. A beautiful house on a problematic piece of land is a disaster waiting to happen.
Myth #4: The C of O Is All You Need
A Certificate of Occupancy (C of O) is important, but it’s not the be-all and end-all. You also need to ensure the title is clean, meaning no disputes, unpaid taxes, or previous sales that could come back to haunt you.
Myth #5: You Can Trust Your Gut
In Nigerian real estate, your gut is a liar. Trust facts, documents, and professionals—not just your instincts.
In Nigerian real estate, you guy, like the devil, is a liar? Trust facts, documents, and professionals—not just your instincts.
Final Thoughts
Don’t fall for these misconceptions. Get a Title Search Report from Trustcrow, and arm yourself with the knowledge you need to make a smart, safe investment. We’re here to make sure you know your stuff and buy right the first time.
Ready to buy with confidence?
Explore verified listings and request a title report today at trustcrow360.com
