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How To Avoid Fraudsters When Buying Land: 5 Things You Must Establish

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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 

Follow our Facebook Page Boariat Agencies for the latest deals.

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