{"id":2535,"date":"2020-06-15T02:44:48","date_gmt":"2020-06-15T01:44:48","guid":{"rendered":"http:\/\/www.tolet.com.ng\/blog\/?p=2535"},"modified":"2020-06-15T14:41:49","modified_gmt":"2020-06-15T13:41:49","slug":"buy-a-property-pay-in-48-months-without-a-mortgage","status":"publish","type":"post","link":"https:\/\/propertypro.ng\/blog\/buy-a-property-pay-in-48-months-without-a-mortgage\/","title":{"rendered":"Buy A Property, Pay In 48 Months Without a Mortgage In 2020"},"content":{"rendered":"<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 14pt;\">Statistics shows that 70% of Lagosians are willing to rent rather than buy a property. Why is that so? <a href=\"https:\/\/www.tolet.com.ng\/blog\/why-is-buying-a-house-considered-a-good-investment\/\" target=\"_blank\" rel=\"noopener noreferrer\">Is buying a house a good investment<\/a>? A big yes, so why do many people prefer to renting to buying an apartment?<\/span><\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 14pt;\">Buying a property is the dream of so many Nigerians. However, most Nigerians are incapacitated by the high cost of <a href=\"https:\/\/www.tolet.com.ng\/property-for-sale\" target=\"_blank\" rel=\"noopener noreferrer\">buying a property<\/a> that they consider it secondary to feeding and clothing. With the recent downturn in the economy and the new inventions in the Real Estate industry, buying a house has become a really good enterprise. Some Real Estate companies are now involved in the business simplifying the process of getting a property, with or without a mortgage in recent times.<\/span><\/p>\n<p><strong>ALSO READ:\u00a0<a href=\"https:\/\/www.tolet.com.ng\/blog\/the-role-of-the-woman-in-the-home-building\/\" target=\"_blank\" rel=\"noopener noreferrer\">The Role of the Woman in The Home Building<\/a><\/strong><\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 14pt;\">The era of you building a property, and people paying out rightly has passed. We now have a situation where people are selling a property through what we call installment and flexible payments. In Nigeria today, it is possible that you buy a property without going through mortgage and pay in 36 months, pay in 48 months, you get the keys to your house. You can also <a href=\"https:\/\/www.tolet.com.ng\/property-for-sale\/land\" target=\"_blank\" rel=\"noopener noreferrer\">buy a piece of land<\/a> through the same process.<\/span><\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 14pt;\">Even, the <a href=\"https:\/\/www.tolet.com.ng\/blog\/new-lagos-rent-to-own-housing-scheme-for-low-income-earners\/\" target=\"_blank\" rel=\"noopener noreferrer\">Lagos rent to own scheme for low-income earners<\/a> is a good initiative. It will help a whole lot for people who can plan. So, it is a good initiative for those who can afford it, and for those who can fit into that payment realm. Developers have put such structures in place before now, but most Nigerians may still look forward to paying their yearly rent to their landlords prospectively.<\/span><\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 14pt;\">To enjoy this process of buying a house, you need to be in touch with property owners that offer this scheme to their customers. There are also companies that specialize in building properties for low-income earners.<\/span><\/p>\n<p><strong>CHECK: <a href=\"https:\/\/www.tolet.com.ng\/property-for-sale\" target=\"_blank\" rel=\"noopener noreferrer\">PROPERTIES FOR SALE IN NIGERIA<\/a><\/strong><\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif; font-size: 14pt;\">The first thing to do is to check out <a href=\"https:\/\/www.tolet.com.ng\/property-for-sale\" target=\"_blank\" rel=\"noopener noreferrer\">properties for sale<\/a> online. The second thing is to book an inspection with the agent in charge of the property. The third is to work out flexible plans on how you want to pay for the property. You can also learn more about the payment plans in the <a href=\"http:\/\/www.tolet.com.ng\" target=\"_blank\" rel=\"noopener noreferrer\">real estate company<\/a> you choose or rub minds with the agent to get informed about the payment plan.<\/span><\/p>\n<div class=\"banner-logo\"><\/div>\n<div class=\"banner-text\">\n<h2><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-12254 alignleft\" src=\"data:image\/png;base64,iVBORw0KGgoAAAANSUhEUgAAAYYAAADcAQMAAABOLJSDAAAAA1BMVEUAAACnej3aAAAAAXRSTlMAQObYZgAAACJJREFUaIHtwTEBAAAAwqD1T20ND6AAAAAAAAAAAAAA4N8AKvgAAUFIrrEAAAAASUVORK5CYII=\" data-src=\"https:\/\/www.propertypro.ng\/blog\/wp-content\/uploads\/2016\/10\/propertypro-4point.png\" alt=\"\" width=\"458\" height=\"75\" \/><\/h2>\n<h2><\/h2>\n<h2><\/h2>\n<h2><a href=\"https:\/\/www.propertypro.ng\/amarigardens\/\"><span style=\"font-size: 12pt; font-family: verdana, geneva, sans-serif;\">Buy a plot in Lakowe with N99,000 PER MONTH<\/span><\/a><\/h2>\n<h5><span style=\"font-family: verdana, geneva, sans-serif; font-size: 14pt; font-weight: 400;\">It is important to note, that not all agents work with the flexible broken down payment structure. Also, as the time spans, the cost of the property increases. So if the outright payment for a piece of land is 500,000 NGN, the payment plan for two years may be 850,000 NGN.<\/span><\/h5>\n<\/div>\n<p><strong>ALSO READ:\u00a0<a href=\"https:\/\/www.tolet.com.ng\/blog\/will-you-buy-a-house-with-a-maids-room\/\" target=\"_blank\" rel=\"noopener noreferrer\">Will You Buy a House with a Maid&#8217;s Room?<\/a><\/strong><\/p>\n<p><span style=\"font-size: 14pt; font-family: verdana, geneva, sans-serif;\">Investing in real estate and creating a long-term payment plan can be good business. If you want to invest, real estate is the best this season.<\/span><\/p>\n<p><span style=\"font-size: 14pt; font-family: verdana, geneva, sans-serif;\">Also, if you are an agent or a property owner, allowing a long-term payment plan is a win-win for your business, instead of looking for a tenant for a long period of time. You will start receiving the reward of your labour early enough. Instead of waiting for a buyer for 6 months or even one year. You can also make double profit.<\/span><\/p>\n<p><span style=\"font-size: 14pt; font-family: verdana, geneva, sans-serif;\">Visit <a href=\"http:\/\/www.tolet.com.ng\" target=\"_blank\" rel=\"noopener noreferrer\">www.propertypro.ng<\/a>to buy a property or <a href=\"https:\/\/www.tolet.com.ng\/management\" target=\"_blank\" rel=\"noopener noreferrer\">sell your property<\/a> in installment today. Join our moving train<\/span><\/p>\n<p><a href=\"https:\/\/www.tolet.com.ng\/blog\/questions-answers-about-house-inspection\/\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-858\" src=\"http:\/\/www.tolet.com.ng\/blog\/wp-content\/uploads\/2016\/07\/tolet-need-to-find-na-small-tin-300x38.jpg\" alt=\"tolet-need-to-find-na-small-tin\" width=\"592\" height=\"75\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Statistics shows that 70% of Lagosians are willing to rent rather than buy a property. Why is that so? Is buying a house a good investment? A big yes, so why do many people prefer to renting to buying an apartment? Buying a property is the dream of so many Nigerians. However, most Nigerians are &hellip;<\/p>\n","protected":false},"author":13,"featured_media":2316,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[38,467],"tags":[252,153,152,183,238],"class_list":["post-2535","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","category-real-estate-advice","tag-accommodation-in-nigeria","tag-affordable-housing-in-nigeria","tag-investment","tag-nigerian-economy","tag-real-estate-in-nigeria"],"_links":{"self":[{"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/posts\/2535","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/comments?post=2535"}],"version-history":[{"count":6,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/posts\/2535\/revisions"}],"predecessor-version":[{"id":12255,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/posts\/2535\/revisions\/12255"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/media\/2316"}],"wp:attachment":[{"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/media?parent=2535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/categories?post=2535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/tags?post=2535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}