The Nigeria Mortgage Refinance Company Plc (NMRC) has accessed the capital market three times to refinance mortgages worth over N32 million. The firm also said it provided long-term liquidity to both primary mortgage and commercial banks to moderate the rise of mortgage interest rates in the country. NMRC’s Chief Executive Officer, Mr. Kehinde Ogundimu, who stated this at the 9th yearly general...
The Nigeria Mortgage Refinance Company Plc (NMRC) has accessed the capital market three times to refinance mortgages worth over N32 million. The firm also said it provided long-term liquidity to both primary mortgage and commercial banks to moderate the rise of mortgage interest rates in the country. NMRC’s Chief Executive Officer, Mr. Kehinde Ogundimu, who stated this at the 9th yearly general...
The real estate and construction sector have continued to grapple with multiple effects of depreciation in the country’s naira value, as cost of raw materials, labour and transportation and contracts skyrocket. But despite the naira hitting an all-time low of N810 against the dollar, Nigerians are hopeful of a silver lining, as a weaker naira against the dollar makes investing cheaper for...
Introduction The real estate industry is a dynamic and ever-evolving sector that plays a significant role in the economy of Lagos State, Nigeria. As a real estate agent, you're well aware that this industry is often surrounded by myths, misconceptions, and half-truths. In this blog, we'll dive deep into the realities of the real estate industry, shedding light on the truths that both buyers and sellers...
The world of real estate is often perceived through the lens of glossy property brochures, lucrative deals, and a promise of financial prosperity. As a real estate agent in the vibrant and dynamic city of Lagos, Nigeria, I'm here to peel back the layers and shed light on the truths that truly define the industry. Buckle up, as we delve into the unfiltered realities of the Lagos real estate landscape....
Introduction Real estate is a dynamic and multifaceted industry that has captured the hearts and minds of countless individuals around the world. From the thrill of the hunt for the perfect property to the satisfaction of turning a neglected house into a beautiful home, there are myriad reasons to fall in love with real estate. In this blog, we'll explore why I, and many others, have developed a deep...
Error: Operating without a well-defined investment strategy. Introduction Real estate investment is a dynamic and potentially rewarding field. However, like any venture, it comes with its share of pitfalls. Knowing and avoiding common errors is key to ensuring your success as a real estate investor. In this blog, we'll explore ten common errors in real estate business development and provide practical...
Owning a home is a big achievement, but it also means looking after it. Regular care can help your home last longer and save you money on repairs. Whether you're new to this or need a reminder, here are 15 simple steps to take care of your home. 1. Make a Home Care Schedule Start by making a schedule for tasks like changing filters, cleaning gutters, and inspecting the roof. 2. Check for...
Selling your house is a significant life event, and it's important to approach it with careful planning and preparation. Whether you're a first-time seller or a seasoned pro, there are always steps you can take to ensure a smoother and more successful selling experience. Before you put that "For Sale" sign in your front yard, here are three must-do's to consider: 1. Prep Your Home for Sale First...
Real estate business development for potential investors involves careful planning, research, and a commitment to learning. By defining your goals, researching the market, building a strong network, understanding legalities, and creating a detailed business plan, you can set a solid foundation for your real estate investments. Assess financing options, perform due diligence, diversify your portfolio, stay...