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27 wrz 2024 · Real estate fraud in Nigeria can be avoided with due diligence, legal safeguards, and expert assistance. By following these tips—verifying titles, inspecting property, working with professionals, and ensuring proper documentation—you can protect yourself from falling prey to scams.
5. Beware of "Too-Good-to-Be-True" Offers. Fraudsters often attract victims with unrealistically low prices or irresistible deals. If a property’s price is well below the market rate, it’s a red flag. Real estate is an appreciating asset in Nigeria, and genuine sellers are unlikely to sell far below market value.
13 sty 2024 · In essence, the Nigerian real estate market, though lucrative, is rife with scams. Understanding these scams is crucial for a safe and successful property purchase. Stay cautious, verify information, and seek legal advice to avoid falling victim to these deceitful practices.
27 lut 2023 · Barrister Matthew Ottah helps Nigerians avoid being scammed in real estate deals. He once lost a large sum of money to land fraudsters 'Omoniles' when he was still naive about land matters. Now, he's out on a personal vengeful mission to expose Land scam artists in the Nigerian real estate sector and protect your hard earned money.
1 kwi 2021 · It is no gainsaying that the real estate in Nigeria is troubled with dishonesty as there have been cases of investors been swindled of their hard-earned money by fake real estate companies, fake real estate agents, land grabbers a.k.a omo oniles, fake surveyors, and so on.
13 maj 2022 · It is almost comical to believe you can not be scammed or tricked in a real estate deal. While certain sellers and buyers are very trustworthy, there can be some deceptive sellers, agents, or buyers. Here are some useful tips to avoid a real estate scam.
One of the most prevalent scams involves fraudulent property listings. Scammers may create fake advertisements for properties that do not exist or are not for sale. To avoid this, always verify the legitimacy of property listings by contacting reputable real estate agents or using trusted online platforms.
