Scam Alert in Nigeria Real Estate Market: 7 Common Scams to Avoid
Title: Scam Alert in Nigeria Real Estate Market: 7 Common Scams to Avoid As the Nigerian real estate market continues to grow, unfortunately, so do the number of real estate scams.Scammers are constantly upgrading with new and sophisticated ways to defraud unsuspecting buyers and investors. As such, it is important to be aware of these scams to avoid falling victim. In this blog post, we will discuss 7 common scams in the Nigeria real estate market that you need to be aware of. Title Fraud: This scam involves selling a property that does not belong to the seller. The scammers forge documents and impersonate the real owner. To avoid title fraud, ensure that you work with licensed and reputable real estate agents and legal professionals. Rental Scams: In this scam, the scammers advertise a property for rent, take payment, and then disappear without providing access to the property. To avoid rental scams, ensure that you verify the ownership of the property and do not pay any money ...