Many Nigerians in the past have been unfortunate to rent accommodation or buy land only to find out during the rainy season that the place is water logged. If your land investment carries reasons for growth in the future then make sure you are paying the best price you can and take into account how other costs could affect your return. Unless you invest in a startup with excellent growth potential, it is unlikely to have a return on investment that is more than the return on investment on a land investment.
Some lenders – including most of Arizona’s largest banks, simply don’t give land loans to non-commercial buyers – except those who’ve selected land lots with sewer lines, road access, and other infrastructure in place. Try calling a local business owner and they probably will be more than happy to talk candidly to you about the town.
This is the right time and opportunity to get the land in such a nice place and that is on a flexible price. We then agreed on a time for him to come over and inspect the land we have available for sale. Each state in Malaysia have a few districts and the district has their own land office.
Many years ago my brother in law bought some land in the East End of Freetown from some local Alhaji who gave us all the properly signed conveyances. And there are many chances that you wouldn’t get the desired loan because of the raw land. We also offer choice Mississippi and Louisiana land for farming, pastureland or hunting.
The land owners are dishonest, their witnesses lack integrity and the Lands Ministry is mired in corruption. The lender initiated foreclosure proceedings on these properties because the owner(s) were in default on their loan obligations. The thing I noticed is the vast majority of these lots are residential building lots instead of land being bought for cabins.