DISCOVERED: 5 Reasons You Haven’t Build Your House Yet
Owning or building a home is more than just hype; it’s the gateway to long-term and short-term financial success. Long-term, you’ll build an equity nest egg, and short-term, you’ll get to pay yourself instead of coughing out a yearly or bi-annual rent to a landlord.
The reality is that most people won’t still get to build a house in their lifetime, even if they have the money to build one, and there are a couple of reasons that could happen. Here are 5 of such, and possible ways that won’t be your story, let’s start with the most obvious
tip.
1. No time to supervise and you don’t know who you can trust to do so on your behalf.
2. You don’t want to get involved with the Area boys’ “Omo Onile” menace.
3. You don’t trust the documentation processes in Nigeria, so you’ll rather avoid getting land at all, talkless of starting a building project.
4. You think the money at hand now should be used for another pending more important project.
5. You just don’t feel you need one at all for now.
1. You don’t have the time to supervise and you don’t know who you can trust to do so on your behalf.
This mostly applies to people who live abroad but want to build here in their homeland. There are many stories of people who have entrusted their building projects to family members, friends, and even local companies to build for them, and the result isn’t usually a good one. It’s either the person or the local company they trust disappoints them or the job done isn’t satisfactory enough. For some reason, it usually ends up a sour story.
Chances are that you fall in that category of those who are really busy or your present location is far away from the land you want to build on, and you don’t have ample time to monitor progress. There are registered construction companies in Nigeria like Sustainable Procurement Services Limited (SPSL) who provide their clients with daily pictures and videos of work done on-site, weekly progress reports on the project, monthly summary reports, 24hours free access to the team anytime, and more. With companies
2. You don’t want to get involved with the Area boys’ “Omo Onile” menace.
Another reason a lot of people don’t want to venture into any building project at all is the area boys menace. They are referred to as “Omo Onile” in the southwestern part of Nigeria. Their activities usually constitute hindrances to the progress of building projects.
They claim the right to sell and collect payment, compensation, rents, and taxes from those they consider tenants, non-indigenes, or settlers. These Omo Onile operate like land grabbers, using force, deception, and intimidation to gain access and control over landed property or ongoing projects in their locality.
Again this shouldn’t be a hindrance to your dream of building, all you need is to get an experienced property lawyer and a land surveyor to read the co-ordinate of the said plot with his GPS and other instruments, compare the coordinate readings with the ones in the land survey if there is a copy already. Then contact a reputable construction engineering company around to start your project.
3. You don’t trust the documentation processes in Nigeria, so you’ll rather avoid getting land at all, talkless of starting a building project.
Yes, the thought of documentation issues and different permits you need to have from the State and Local Government authority can be so overwhelming that you’ll rather avoid it. There are over a dozen documents you need to have before your building plan will be approved, and the purpose is not to make it hard for you to build but to ensure standards are met. With a good building engineering company on your side getting a lot of these documents won’t be a herculean task for you at all. Knowing the stress it costs clients, some construction firms have included taking care of such tasks on their clients’ behalf, so you don’t have to go to the ministry over and over again to get your building permits and any other persons you need to get your building project on.
4. You think the money at hand now should be used for another
pending more important project
The truth is that there will always be projects that you need to execute. After all, everything you do in life is a project. Just planning a birthday celebration is a project, so is buying a new car. What you then must do is put building a house at the topmost of your scale of preference this year, once you do, you will find it easy to set the money aside to execute that building project.
5. You just don’t feel you need one at all for now
For some reasons you can’t explain, you just feel it’s not time yet to start building one. Either because you feel you are still young and have years ahead of you to build one or just a general feeling or non-readiness to have one yet. The consequence of this feeling is you will defer the timing to build one when you can actually build one now. What you then miss out on by doing this is the opportunity to gain when the property appreciates in value a few years from now. If you have the funds, and you have it in mind to develop a property or build a house, nothing should stop you, not even the ones mentioned above. There are civil and building engineering companies like Sustainable procurement Services Limited (SPSL) with years of experience dealing with some of the challenges you might be considering that are giving you cold feet.
