Introduction
In the ever-risky world of real estate, prevention is always better than cure. A recent case brought to light by EncumberedProperties.com reminds us why due diligence is not optional when investing in land or property. A prominent family has raised the alarm to caution the public that a specific property is not for sale, even though it’s being marketed by individuals with no legal ownership.
A Bold Move to Protect Buyers
In what could save future buyers from heartbreaking losses, the family took the proactive step of listing the property on EncumberedProperties.com to publicly declare it unavailable for sale. Their goal? To prevent unsuspecting victims from falling prey to land grabbers who specialize in selling what doesn’t belong to them.
The Problem: Fraudulent Sales by Land Grabbers
Land grabbers are known for exploiting loopholes and the sluggish justice system to sell lands illegally, by the time the original owners or the law catches up with them, the damage is already done, and the buyer is left to suffer the consequences.
Moreover, once these fraudsters are apprehended, their accounts are often empty, leaving victims with no financial recovery options. In fact, it’s like using your hard-earned money to buy trouble.
Why Does Listing Your Property Matter
Even Though the Property Is Not Under Any Legal Dispute? The family foresaw a threat and acted swiftly without a doubt. By enlisting the land on EncumberedProperties.com, they:
- Alerted the public that the land is not for sale;
- Protected themselves from future legal disputes
- Saved potential buyers from wasting their life savings
Expert Insight
Madueke Enwere, a seasoned property lawyer and founder of EncumberedProperties.com, emphasizes the importance of proactive steps in real estate. He states that many families lose their land rights simply because they stayed silent until it was too late.
The Bigger Picture:
This situation is not isolated. Across Nigeria, many properties are being marketed without the true owner’s consent. Not only that, many victims only find out after building or moving in.
How to Stay Safe
Visit www.encumberedproperties.com to verify properties before buying
Follow us on Facebook and Instagram @EncumberedPropertiesLimited
Subscribe to our YouTube channel for real-time red alerts on properties not for sale
Conclusion
Whether you’re a buyer or a property owner, take action today. If you suspect your land might be fraudulently marketed, list it on EncumberedProperties.com and put the public on notice. If you’re buying, don’t just rely on what an agent says, do your research.
Have you encountered a real estate scam? Share your experience in the comments below to help others stay informed!
At Encumbered Properties, our mission is to help you make safe and informed property investments decisions.
In summary, before you buy any property anywhere in the world, always:
Verify the property’s status on EncumberedProperties.com;
Consult a real estate lawyer; and
Avoid untraceable cash transactions.
Watch the complete video of this article being extensively explained for better understanding by clicking on the video below, or visit our YouTube channel through the link below in this article to watch the educative video and many more other informative piece to keep you scam free on real estate investing.
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Want to learn more? Drop your questions in the comments below, and let’s discuss how to make real estate investments safer and profitable!
This article was put together by Madueke Enwere: a property lawyer, a real estate investor, and a senior police officer and by God’s grace, the founder, encumberedproperties.com