To Buy or To Lease
Buying and selling means more than finding a real estate agent to do the work that
is needed. There is also the need to make sure that you know what you want or
need when you are moving with the investment. No matter what the market, there
are always different moves that you can make in order to get the right person
moved in to your property.
I you want to deal with Properties Investment In Lagos, Leasing is one of the several ways that you can move into a real estate investment.
If you are having difficulty selling your home or property, then you can consider
leasing as an option instead of selling it.
If you decide to use the lease option for
the property, then it means that you will become the landlord for a period of at
least one year. The tenant will have a contract that is signed for this amount of
time that says to take care of the property and pay rent. After the time period is up,
the tenant will have the option of buying the property from you.
If you are considering buying a home, this is a good first step to get into. You will
have lower payments, will be able to build your credit, and will have the option of
trying out the property before you buy it.
If you are selling the property or yo are into Properties Investment In Lagos Nigeria,
it can also be beneficial, as it allows you to demand a higher price and move into a better
market when it is time to sell. Usually, by the time you are ready to sell, you will
be able to offer a price that is ten to twenty percent higher than it would have been
a year before.
If the market isn’t right, you can’t sell your home, and the right options don’t seem
to be walking through the door, then leasing is a second option that you can
consider. By leasing the property, you will have the ability to profit on either side
of the fence.