Buying and selling of land are one of
the booming businesses today in Kenya. With billions of money in the industry,
there are usually individuals out to take advantage - and if you are not keen
you might fall prey to fraudsters.
To be on the safe side, here is a list
of basic things you need to establish before finalizing that deal of buying
land;
1. Does the land exist?
This is the first important thing that
you need to establish. The best way to confirm that the land really exists is by
physically visiting it. The trick here is never to believe in photos, always
insist on a physical site visit.
Aside from the site visit, do a land search for that piece of land that will among others let you know the real
owners and its actual location.
Find Property in Uasin Gishu County
Baoriat Agencies
Call: +254 721-554-937
2. What's planted in the land
When looking for agricultural land,
always establish the kind of crops that they land you intend to purchase is
currently being planted.
3. Is the person selling the land the
owner
I'm sure you have heard of people
buying land from individuals who are not the actual owners -basically buying
air. A land search will help tell whether the person selling the land is the
actual owner or not.
4. Is the land attached to a bank?
This is a critical question that you
must always find an answer to. If you buy land attached to a bank that is, the
owner used it to get a loan, and he/she is yet to clear the loan, you run the
risk of ending up seeing the land auctioned to recover the loan.
Always ensure the land you purchase
has no pending loans or any attachment with financial institutions.
5. Is there a dispute on the ownership of
the land?
Never buy a land that has a dispute.
It is as simple as that.
Buying land whose ownership is in a dispute is basically inviting trouble as you will be sucked into the dispute.
The bottom line here is that always
carry out due diligence before executing a sale agreement, and before paying
any money to purchase a piece of land.
It is also safe to involve a lawyer in
the land purchase deal - he can come in handy to handle matters that might look
ordinary - but would turn into a nightmare in the future.
In case you suspect a case of fraud or
conman ship at any point of looking to buy land - the first stop should be the police station where you will be advised on where to take be it documents like
title deeds for examinations.
Baoriat Agencies is committed to helping you find the best place for you to settle in Eldoret town. We walk you through the entire process of acquiring your own property in Eldoret until it has been transferred into your hands.
To learn more about buying a property in Eldoret,
Call 0721-554937
WhatsApp https://wa.me/0721-554937
Email evekibet@gmail.com or
Visit us at Juma Hajee Building room number 16, Eldoret town
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