HOW TO AVOID BEING SCAMMED WHEN BUYING LANDED PROPERTY..

Buying a landed property is no doubt a lucrative investment venture,but just like any other business,buying a property has its own inherent risks and challenges. Falling prey to scams is one of the challenges and risk that property investors are constantly faced with and this has led to a lot of buyers losing their hard earned monies in the process.
Landed property is a very worthwhile investment to be involved in and this is for the major reason that it always appreciate,does not get spoil or outdated and above all, provides a sound edge against inflation.

Due to the fact that buying of landed properties is a juicy business to invest in,there are some unscrupulous elements that derives joy in selling fake landed properties to unsuspecting members of the public.
It is better to know how to avoid falling victim into the hands of such dubious people in your quest to invest in real estate. The following tips should assist you as a buyer to escape being scammed .

CONDUCT TITLE SEARCH ON THE PROPERTY
It is very important that you do a thorough and proper search on any property that you have the intention of acquiring before making payment for it. If it is a property that has a Certificate of Occupancy (C of O),you should conduct the search at the ministry of lands & Town Planning and survey directorate as this will help you know the true owner of the land and in the long run avoiding a scam. But if the land is located in the rural community,then you will need to conduct a search by meeting with the leaders of that community who knows the families, their lands and boundaries. You can further conduct your search by asking some elderly people in the community the owner(s) of a particular land.

BE CAUTIOUS!
It is always advisable to be extra careful when buying a landed property. Trust your instinct and if anything seems fishy,avoid it. Scammers offering landed property for sale at a ridiculously low prices prey on the greed of some buyers. If a deal sounds too good to be true,it must probably is and should be avoided.

NEVER BE IN A HURRY
The next step that is also important and helpful to take is to pretend that you are not in a hurry or haste to own the property. Once the scammers notice any desperate actions or moves on your part,they get excited and now dive in for the spoil. Avoid showing land speculators how much that you will love to own the piece of land no matter how desperate you are in need of that piece of property.

AVOID PLAYING THE LONE RANGER;ENGAGE PROFESSIONALS
The waters of real estate market could be damned murky at times and you definitely need the help of experts in the industry to guide you through. Real estate professionals, Lawyers etc have invaluable experience in land transaction and their advice can go a long way in helping a buyer not to fall prey to scammers. Employ the services of these professionals to assist you verify all title documents and ensure that your best interests are represented. The cost of employing the services of these professionals should not hinder you from engaging them at the onset of your desire to buy a piece of landed property as this will end up helping you to buy authentic property and save you the headache of running after one fake land speculator for your money or land.Let your acquisition of a property not end up like the proverbial saying: ?Penny wise,pounds foolish?.

AVOID PAYING IN CASH
When paying for a property,avoid paying in cash as they are difficult to track. Make use of bank transfers and post dated cheques instead. This makes the payment easier to track in case the transaction go away.

                                                                                                                   Be wise enough.