For most people it’s a dream come true to own your own home, so when it comes to buying a house, there are usually months packed with excitement, stress, planning and then finally you make the purchase. Here are five things to consider when buying a house.
Before you buy a house,it is important to get first hand information on the town planning of your prospective neighbourhood. Town Planning involves both control of existing and new development, and “strategic planning” to ensure our resources are carefully managed to match our future needs and expectations.
Certificate of Occupancy
A Certificate of Occupancy, also known as the C of O is a document issued by state governments in Nigeria to landowners and property buyers as a legitimate proof of ownership. This document also spells out what the land can be used for; residential, commercial or mixed development.
The government is constitutionally mandated to issue the Certificate of Occupancy because all lands in the state are vested in the Governor of the State. This is clearly spelt out in the Land Use Act 1978.
A parcel of land or property without a Certificate of Occupancy is as good as owning a vehicle without a logbook. This is not the kind of situation you want to find yourself when buying a house in Nigeria.
Do a Home Inspection
Before you buy a house, it’s important to do a home inspection, and most importantly enlist a professional to ensure the foundation is solid and the wiring is up to code. An Eagle eye professional can even check for lead paint and wood eating pests.
Every house has a defect, some will be obvious to you and most are fixable, but its best to know before you buy. Not only will that help you negotiate a lower price, but it can also prepare you for any necessary repair costs that may arise.
Consider the Environment
Examine the area around it, find out if the area is prone to flooding, check out the drainages, the state of the roads, and the waste disposal system. It’s a lot to consider, but when buying a house, you can’t ignore its surroundings.
Don’t be Carried Away with the Painting
When you step inside your prospective abode, focus on the structural stuff—appliances, wires, ceilings, sizes of the rooms, kitchen and the living room. Don’t judge a house by its paint job
Check the Roof
Before you buy a house, inspect the roof, check out if it’s made of quality materials that are better equipped to defend against wind and hail.
Check the Details
Buying a house is a big step-maybe one of the biggest, so it’s important to know how it works first hand. Turn on the light switch, open every window and door, flush the toilets, even taste the water. That way you can address problem areas and see if there’s a cost effective solution.
Now that you have considered these things, you can finally make your purchase and live your dream.
Source: Affa Dickson Acho
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