When people are looking to purchase a building or building a house this more times than not requires having a huge amount of cash which may take time to save up and gather. This is where a mortgage comes in. According to investopedia “The term mortgage refers to a loan used to purchase or maintain a home, land, or other types of real estate. The borrower agrees to pay the lender over time,...
Real Estate
On Saturday, February 12, 2022 afternoon, Lagos State was hit with yet another tragic building collapse. In this case the tragedy occured in Yaba, a three-storey building under construction which collapsed at Akanbi Street, adjacent to the UNILAG main gate, Akoka, Yaba, Lagos. Reports coming in in the days since say that at least 5 unidentified bodies were recovered from the rubble.Two bodies were...
Investing in real estate is seen as a great way to earn higher-than-average returns at the same time as diversifying your portfolio. When done appropriately, real estate is arguably the highest-earning asset class a portfolio can have. There are multiple reasons one will choose to invest in real estate and we’re going to give you a rundown. The first and most popular reason people...
Before we dive into this, first we’ll like to extend our deepest condolences and sympathies to the families and loved ones of those who lost their lives in the tragic building collapse of a 21 storey building on Gerald road, Ikoyi that occurred on Monday 1st of November. The building was the third wing of a three-tower estate by estate developer, Femi Osibona. It would have been the first of its...
The decision on whether to buy or to rent property is one that many people make daily, it is a choice that should not be taken lightly. Before taking the step of buying a house, it is critical to consider whether homeownership is right for you or if you will be better off renting a place for a specific period of time. First and foremost to rent a house means, to obtain possession of and use of a...