TOP 5 RED FLAGS TO WATCH OUT FROM WHEN GOING INTO ANY REAL ESTATE INVESTMENT

 If there’s one sector that you don’t want to get defrauded in, that’s real estate. Why? Well, because it usually involves large sums of money. 

Would you like to know the red flags you should watch out for when making real estate transactions and deals?. Regardless of the answer I'm getting from YOU. I will avail YOU with the RED FLAGS all because I have your best interest at heart. All I want for YOU is to have a successful and profitable real estate investment journey without WAHALA.

Knowing what to watch out for so that you don’t get defrauded is very necessary when making real estate transactions and deals. You don’t want stories that touch, do you? And aside from knowing what to watch out for, it is equally important that you do your due diligence to avoid falling victim to real estate scams.


Herein are top 5 RED FLAGS to watch out for when going into any Real Estate investment!.


Unverified documents: Real estate transactions are legal transactions and as such, they require legal documents to back them up, If whoever you

are buying from is trying to avoid providing these documents. BEWARE! You not being able to verify the documents could lead you to serious trouble.


Inspection Denial: NEVER EVER waive inspection. This is a process that shouldn’t be WAIVED. You should make out time to inspect the property personally to ensure you are not being scammed. Fraudulent people play very smart, they keep on delaying, postponing and eventually denying you of the opportunity to get to see where you will be

investing your money. Don't fall prey to those kind of ploy.


No proof of payment:  The moment when getting a proof of payment is becoming an issue, that's a red flag. It is very important to have evidence of payment for every transaction you engage in, especially your real estate transactions.


The price too good to be true: When the price is TOO-GOOD-TO-BE-TRUE, it’s time to step back. That’s a definite red flag. Be sure  to get to the bottom of the TOO-GOOD-TO-BE-TRUE price in question before making any financial commitment.


Unverified Seller: If for whatever reasons you need to purchase a property, avoid buying from companies that can't be verified. This is why it is best to buy from registered and credible real estate companies with proven track record.


Staying aware of these red flags will help you approach the real estate investing process with eyes wide open. 


In summary, real estate transactions needs that you should be patient and do your due diligence well.


Cheers to Happy realestate-investing!


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