Four (4) Ways to Buy a Property on a Tight Budget.
Do you think that your budget may be too tight for a land/house? Well, don’t worry. By taking a few simple steps, you can easily determine how much money you have available to buy a property.
Many people find it difficult to invest in real estate because it is capital-intensive but it secured the future. Despite being on a tight budget, there are ways to invest in real estate.
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Here, I will list out 4 ways you can invest despite being on tight budget.
1. House Flipping: You can utilize your network to bring together a group of investors to purchase and rent out or sell a property, rather than investing alone. We know this approach as Crowd Funding. We offers a package that gives each investor equal rights over the property.
2. Land Banking: Our forefathers accumulated wealth quickly by purchasing undervalued land and selling it for a higher price. You can do the same by purchasing land when its value is low and selling it later at a higher price. In just 3 to 5 years, the value of a land purchased for ₦3M today can increase to ₦5M to ₦10M. Gracias Morganite, for instance, was sold at NGN20,000 per square meter in March but is currently sold at NGN22,000 per square meter, indicating a 10% increase in the property’s value. If you are interested in buying high-quality land at a reasonable price, please contact us now.
3. Installment Payment On Real Estate Property: One of the best ways to acquire a property is through an adjustable investment. Investors who cannot afford to buy properties worth millions of naira in one go can pay in installments over six months to a year or more. Gracias Global offers one of the best installment payment plans for lands and properties in Lagos state. Our payment plans range from 6 to 12 months, making it easy for you to acquire a property.
4. Find A Trustworthy Expert Realtor: When communicating with your real estate agent, make sure to express your needs and target home price, and emphasize the importance of staying within your budget. Good realtors will respect your financial constraints and limit their home recommendations to those within your budget.
Some realtors/agents try to push the envelope and offer to show you properties outside your stated price point. Be firm and stick to your guns. If your agent proposes more expensive homes, consider finding a new agent.
Looking for reliable and trusted realtor? look no further. contact us right now and let’s help you get a property that suit your budget
Which approach do you think fits your style best?
Looking to invest in a property within your budget? Click the link below to message us
For more information and inspection contact: BayhanHomes @ www.bayhanhomes.com. or Call/WhatsApp: +2348138623765