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WHAT ARE FORMS OF PROPERTY FRAUD IN KENYA?

Over the years, property fraud in Kenya has been rampant. Property fraud is defined as the act of stealing property. For instance, a fraudster could forge a document to convince a mortgage lender that he or she owns the property and mortgage your property without your knowledge . One of the primary elements that heavily affects property buyers and property owners as well is property fraud. It’s time that we should all be aware of different forms of property fraud and learn how to prevent being victims of this kind of evil that is in real estate industry. These forms of property fraud are; Foreclosure relief (Foreclosure fraud) Foreclosure fraud/ relief happens when a property buyer experiences difficulties in making mortgage payments. To exemplify; a fraudster approaches a property owner with issues concerning his or her mortgage payment. Afterwards, he goes extra miles and offers loans and monthly payment schedule that is relatively at a lower price for the transfer of the propert...

WHAT EVERY PROPERTY BUYER SHOULD LOOK OUT FOR DURING SITE VISIT IN KENYA

It is of great importance for any property investor to carry out site visit before deciding whether or not to purchase the property. Being confident that the property (land) is a good match with what you are looking for, is the key in making successful purchase of whatever kind of property you would like to own. Here are some of the things pay attention to during site visits: Proximity of social utilities/ Public utilities. During site visits, pay attention to the closeness of the available social utilities such as water source and electricity. As much as the map indicates that all these are available, it is very important to go and confirm on your own. Find out whether you’ll face any setbacks in getting electricity or water in your home. Confirm whether the property is a freehold property or a leasehold property. Ensure that during site visit, the property owner has to confirm whether the property is a freehold or a leasehold. What is the difference between a freehold propert...

WHY REAL ESTATE VALUE APPRECIATES ANNUALLY IN KENYA.

Residential space in Kenya In Kenya, most investors are now investing in real estate due to the positive cash flow attach to every property. In return, they gain financial freedom and secure their goals as well. Annually, Real estate appreciates in value not only in Kenya but also worldwide. Here are the reasons why there is a significant increase in value of real estate property specifically in Kenya; 1. Rapid growth in population. With rapid growth in population especially in urban areas, most Kenyans have to provide shelter for their families. This definitely results to high demand for more real estate residential projects (housing projects). In other words, this means that increase in demand of more homes directly translates into faster population appreciation in Real Estate prices. 2. General behavior of fiscal inflation. Yearly, property is evidently expensive to develop and also maintain. This becomes a concern due to steady increase in price of construction materials or...

HOW TO PREVENT BEING VICTIMISED OF LAND FRAUD IN KENYA.

Agricultural land for sale. Whilst property fraud comes in various guises, here in Kenya, there are several instances where land owners have had their property fraudulently sold without their consent. Dishonest solicitors, false witnesses, forged signatures in land transfer deeds are the usual ingredients in the mix for property fraud in our country.  Baoriat Agencies    has therefore compiled this awesome piece to enlighten you on how to avoid being a victim of land fraud when buying property in Kenya. 1. Be conversant with your land agent. Knowing your agent or broker is one of the ways to curb land fraud in Kenya. Ensure that the very first person you contact before purchasing your property is the land agent of that particular property. Ask for copies of their proper identity like confirmation of their registration with Real Estate Agent Board and national identification card just to be sure that you are dealing with the right people. 2. Know the land owner/ sell...

5 COMMON LAND SELLING MISTAKES AND THEIR SOLUTIONS IN KENYA.

Photography showing raw land in Kenya It is every Property seller’s joy to always sell their property very fast without undergoing a lot of difficulties and the toil that comes with the process of selling Land in Kenya especially if it is a raw land. Here are the 5 common mistakes and solutions most of the landowners commit while selling their land in our country.  1. Overpricing your property. One of the key things a land buyer will look at is the price of that particular property. Overpricing your property/ land will obviously turn off potential buyers who may have developed interest in your land. It is therefore very important to carry out a proper research on the market prices around that area and trends will do you good as a land-seller before making up your mind on the final price of your land. While in the process of researching, you will get to discover  other ways of selling land fast here in Kenya . 2. Taking low quality photos of the land you are selling. Taking...

HOME MANAGEMENT- HOW TO CLEAN DIFFERENT HOUSEHOLD SURFACES.

A home is made up of various household surfaces that need to be cleaned properly and maintained regularly. These are; furniture, floor, mirrors and glasses, ceiling, painted walls just to mention but a few. In this article, we are going to focus on the two crucial surfaces which are; Painted walls and the floor surfaces. A) CLEANING OF PAINTED WALLS Painted walls too just like any other household surfaces need to be cleaned properly too. Before you decide which way you will clean your painted walls it is important to consider the type of paint used on your walls. Is it Oil-based oil? Or  Latex-based? After identifying the paint type used on the walls, come up with the suitable way of cleaning a specific painted-wall type.  Below is a general way you can  always use to clean your painted walls regardless of the type of paint used: Always start with the mildest cleaner and work your way up.  Start by wiping stains/smudges with a damp cloth. Be careful not to scrub too ...

MAKING HOME-MADE RATIONS FOR YOUR DAIRY COWS IN KENYA

Diary cows in Uasin Gishu County Making your own home-made feed for your dairy cows is less costly than purchasing the commercial feeds. Dairy cow feed is majorly grouped into two classes; Concentrates and Roughage . Formulating your own Home-made rations for your Dairy cows comes with its own advantages. These are; Advantages of homemade rations 1.       Minimizes on the cost of production where homemade rations are cheaper than commercial ones. 2.       Provides your animals with the right nutrients they need to stay healthy hence optimizing production. 3.       Palatable (acceptable) to the dairy cows. 4.       You’re guaranteed high quality- feeds for your dairy cows. Concentrates are mixtures of commercial feeds, such as dairy meal, cubes and pellets, and individual ingredients, such as the milling by-product like; wheat feed, maize germ meal and cottonseed cake. Mainly,...