With the number of land scams that happen in Uganda generally in Kampala and in the growing urban centers, most first-time investors or landowners are always confused when it comes to who they should buy land from or trust; Is it the ‘Bibanja owners or real estate companies?
There are few advantages of buying land from ‘Bibanja owners’ because dealing with Bibanja owners at times requires some special form of expertise or involvement of land experts so that you don’t get swindled. But dealing with the real estate companies, you are very sure of the real ownership.
Why you should buy land from real estate companies;
- You are sure of the Source.
When you purchase land from a real estate company, you know who you are buying from. In the event of a land dispute which hardly ever happens, you know who to contact. Also, if any problem arises, you also know who to hold responsible as most companies are registered with the Government.
- You are free from land wrangles/ issues
When you buy land from a real estate company, you are free from the dreaded Bibanja/ Individual Issues/ Land Conflicts. You have no business with them, especially the unregistered blockers/ dealers and you cannot get into their trouble.You will be dealing with professional real estate consultants who know how to deal with the land grabbers and must have settled all fees.
ALSO READ
AMITY REALTORS LAUNCHES NEWCAMPAIGN DUBBED “BUY LAND CELEBRATE LOVE”
THE TOP 10 UP-AND-COMING NEIGHBORHOOD IN AND AROUND MBARARA CITY.
WHY BUYING LAND FOR UGANDANS IN THE DIASPORA IS KEY
- No unnecessary fees and wastage of time.
When you buy land from land grabbers, they don’t tell you about any additional fees until you pay for the land. Then you start hearing of additional fees like signing fees, foundation fees, roofing fees among others. In most cases, you will keep paying some unnecessary fees until you get fed up.
What disturbs most is when you hear or see someone claiming the ownership of that specific land after paying everything, wasting time when you realize that you have been dealing with the grabbers. But with real estate companies, there are extra compulsory fees that all investors pay; after paying these fees, that’s all.
- All documentations are done for you
When you buy from “Bibanja owners/ Un registered blockers/ dealing with individuals” you will be the one to do all documentation but with Real estate companies, you don’t have to contact a lawyer to prepare the necessary document for the land transaction. The company does the documentation in your favor including the Land Title.
- The Neighborhood will be planned.
This is one of the issues most people who deal with individuals or the unregistered blockers are facing mostly around urban towns/cities. The environment is not always well planned and so the houses are at times being demolished and destroyed by city authorities because of improper planning. The real estate companies will show you their estate layout plans, key infrastructures, and the type of buildings they allow within their estates. So, the area or place you are going to live in has been pre-planned for you.
- No agency fees
Buying land from real estate companies, you don’t have to negotiate with agents or pay any agency fees for inspections or to pay an extra percentage of the purchase price of the land to either the agent or Lcs. The Company is responsible for everything.
- You are sure of ownership (land cannot be grabbed).
When you buy land from individual landowners or unregistered land blockers you thought you had done everything right, even if you buy from the right family and pay all the necessary fees, but you still have to put some measures in place such as fencing your land, to prevent the same land grabber from grabbing your land. You will be so surprised when you see them in front of your house using tape measures to measure.
This is one of the issues most people are facing in Uganda who buy from individuals/families/ unregistered blockers. But with a real estate company, you are 100% sure that the land belongs to you and you have all powers to develop or use your land in the way you wish.
- You can pay in installments
Real estate companies offer flexible installment payment plans to people who cannot afford to buy outright land. This could be helpful, provided you are dealing with a good company.
Don’t try installment payment with unregistered land dealers/ families / Individuals if you want peace. You do that… it is at your own risk which you may never recover from when an issue arises.
In most cases, they tend to keep increasing the cost of the land whenever you are close to completing the payment for the land and when you ask for a refund of your money, they will tell you to wait till they sell other lands; which may never happen.
CLICK HERE TO FOLLOW US ON FACEBOOK
- Your land cannot be resold
You know what, Byamugisha Geoffrey, one of the residents in Mbarara town narrated to us that he bought his land in Masha, Isingiro District at Ugx 5Million and he paid Ugx 3M cash. You know what, after two weeks, dealers resell the same land he had paid for. He said he paid double again for the same land but after a long struggle.
When you buy from real estate companies, you can rest assured that your land can never be resold even if you pay in installments. You worry less about survey and documentation because the company handles the survey and development such as drainage, roads, light and all that.
In conclusion, it is important you do research about a company, its management, and customers’ history before making decisions or transactions.
Be more careful.In order to benefit from our services, please visit our website –www.amityug.com