A couple recently lost ₦280,000,000 million to a fake developer who worked hand-in-hand with a security guard to sell a house in Igbo-Efon Lekki Lagos that wasn’t his.   When you think of a security guard, you imagine someone protecting property. But in this case, the guard posed as an accomplice in a ₦280 million real estate scam.   It began when the couple stumbled upon a 4-bedroom duplex listed on Instagram by a developer. He used flashy marketing to showcase a luxury home for sale. The photos were perfect, the location prime, and the price competitive. Unknown to them,…

Mr. Adebayo, a young and ambitious professional in Lagos, had worked tirelessly for years to save up enough money to purchase his dream home. For him, this was more than just an investment; it was the culmination of years of hard work, sacrifices, and the promise of a secure future.   After months of searching, he finally found what seemed like the perfect house in Lekki—a luxurious three-bedroom duplex in a serene environment, complete with modern amenities and close proximity to the city center.   The real estate developer he was dealing with was well-spoken and convincing, assuring Mr. Adebayo…

Lagos is a city of dreams, but it’s also a city of nightmares, especially regarding land or buying a house. Every day, unsuspecting buyers fall into the traps set by ruthless fraudsters, losing their hard-earned money and sometimes even their peace of mind.   Land and Property for sale scams in Lagos are rampant, and if you don’t know how to spot them, you could be next. Here’s a look at the most common land scams in Lagos and how to avoid becoming a victim.   1. The Non-Existent Plot of Land This is one of the oldest tricks in…

Is Your Dream Lagos Home a Nightmare in Disguise? Protect Yourself from Real Estate Scams   Imagine finding the perfect property: stunning, spacious, and seemingly the answer to all your dreams. But pause before you sign on the dotted line and pop the champagne. Could this seemingly perfect deal be hiding a dark secret?   The harsh reality is, that real estate scams in Lagos are more common than you think. Unscrupulous individuals prey on unsuspecting buyers, leaving them with financial ruin and broken dreams. Don’t become another victim.   The Stakes are High:   Lost Investment: Imagine pouring your hard-earned…

Ms. Ngozi harboured dreams of finding the perfect luxury apartment. Her job had recently relocated her to the Lekki-Ajah environs, and she was eager to settle into a new chapter of her life.   Scrolling through online listings on Instagram, she stumbled upon a sleek, modern 4-bedroom apartment in an 8-unit luxury flats high-rise building in an estate near Lagos Business School Sangotedo in Eti-Osa local government area that seemed to embody everything she desired.   The real estate agent in charge, a smooth-talking individual named Ms. Ekaette, assured her it was a steal of a deal.   Emboldened by…

This is the season of demolitions up and down Lagos and the majority of these houses pulled down were either sold by wayo real estate companies, fraudulent developers or dubious sellers. To help prevent your own house from being demolished in future, these are 25 Warning Signs to Help You Avoid falling victim to Fraudulent Real Estate Developers.   1. A Developer or Owner of a real estate company that roams around with mobile police security is a Fraudster. He has stolen people’s money and cannot face them One-on-one to refund their money or land.   He is only accessible…

To avoid demolition of your precious house in Lagos in the future:   Stop buying lands in Lagos without a purchase receipt   Stop buying lands in Lagos without a C of O   Stop buying lands in Lagos without a Governor’s Consent   Stop buying lands in Lagos without approved Lagos State Excision   Stop buying lands in Lagos without a registered survey plan   Stop buying lands in Lagos without a deed of assignment   Stop buying lands in Lagos with only a contract of sale-( It is a bad document that transfers no title to you)  …

A Fake Real Estate Developer, has reportedly absconded with ₦ 61Million belonging to a prospective buyer of land who sold the land to her under false pretenses.   Chijioke Ibekwe, who claimed to be a developer, allegedly collected ₦ 61 Million Naira from her on the pretext of selling a plot of land to her off Orchid Road Lekki.   She claimed that the alleged developer Chijioke Ibekwe marketed some lands to her and told her he was the CEO of a new real estate company along Orchid Road Ikota Lekki Lagos.   She said he showed her some documents…

Nigerians abroad who want to buy lands or houses in popular areas in Lagos such as Lekki, Ibeju Lekki, Ajah, Epe, and Ikorodu, etc are at the mercy of fraudulent real estate agents, dubious developers, and wayo real estate companies, crooked omo-oniles and dishonest sellers.   They have no one to tell them the truth about the genuineness of the land or house because of the distance between them and the property they intend to purchase.   These Nigerians abroad can only rely on the pictures, and videos the scammers send to them and word of mouth guarantee from the…

Always get your own Lawyer to represent you in any property deal before you sign any property document.   One of the most painful things that would never leave my mind that prompted me to be a Property Lawyer has to do with this topic.   My grandmother was a victim of legal naivety and ignorance and invested all her life saving to purchase a parcel of land in the early 60s and built a 4 storey building to accommodate her children and grandchildren as a family home in the village only to lose the land and the house due…

Scammers selling Houses are on the rise in Lagos, especially in Lekki. Be Viligant so you don’t become their next Victim!!!   This issue has caused so many tears to many first-time homebuyers who did not conduct a proper verification exercise before they bought those Wayo houses. These buyers assume since it’s not Omo-Onile land they intend to buy, then everything the developer tells them about the property is 100% true.   The risk is heavier because you are losing a very huge sum of money at once and it would be very hard to recover from it if you…