Roots and Roofs: Diaspora Voices. A conversation with Olumide
Question: If you were to buy a home in Nigeria, What option would you use, Outright Purchase (Paying the full Amount), Developer Payment Plans (A structured payment plan with 0% interest but is usually short term), or Mortgages (Paying over a long period with interest) Answer: Outright Purchase Question: What are some obstacles or concerns you think exist or have heard diasporan Nigerians talk about when it comes to buying a house in Nigeria? Answer: Lack of transparency around pricing, high interest rates, scams, and lack of proper visibility and information about the property to make a purchase Question: Describe your ideal journey towards owning a home in Nigeria. What would ease the process for you and make you feel confident and secure during the home purchase journey? Answer: I’d like to be able to find a place that I like, I can see pics and videos of it, send someone I trust to view it for me and give me the go-ahead to make payment while securing the docum...