Home Personal Economics Decoding the Wahala of Common Real Estate Terms

Decoding the Wahala of Common Real Estate Terms

by policyworldseries

Wahala don land! Make we talk about dis tori for common real estate terms. You sabi say, sometimes dem fit confuse you with all dis big grammar. No worry, I go break am down for you.

The Inside Gist on “Closing Costs”

You wan buy house? Abeg no forget say na money matter dey ground o! Dem go tell you about “closing costs.” Wetin be dat one? E mean say after you don pay for di house, still get some extra money wey you need to drop. Na like small dash give pesin before e comot from your hand.

The Matter Wey Concern “Appraisal”

If pesin tell you say im wan do appraisal for your property, no fear! E no mean say dem wan chop your property finish o. Appraisal na just to check how much your property worth so dat dem go fit know how much pesin suppose pay if e want buy am or rent am.

“Title Insurance” – The Assurance Wey You Need

No be only car get insurance; even land self fit get insurance too! If person sell land give you and later another person come claim ownership, title insurance go protect your own interest. E dey make sure say nobody fit carry wahala come disturb the peace wey dey reign for your land.

Conclusion: Don’t Let Big Grammar Scatter Your Brain!

E never reach time to run commot because of big grammar when e concern real estate matters. With dis small explanation wey I don give now, I believe say things don clear wella for una head. So next time when pesin start to yarn plenty grammar about real estate, you fit just smile and tell dem say “I sabi dis thing well well!”

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