First-Time Home Buyer Guide
A step-by-step guide to buying your first property in Nigeria
5-Step Buying Process
1
Financial Preparation
Assess your budget and savings
- Determine your budget (20-30% of income)
- Save for down payment (10-30% of property value)
- Check your credit score (aim for 650+)
- Get pre-approved for mortgage
2
Property Search
Find verified properties
3
Due Diligence
Verify legal documents and property
4
Negotiation & Offer
Make your offer and negotiate
5
Closing
Complete the purchase
Helpful Tools
Common Mistakes to Avoid
- Skipping property inspection
- Not verifying legal documents
- Overlooking location factors
- Ignoring hidden costs
- Making emotional decisions
Need help buying your first home?
Our experts guide first-time buyers through every step.