Place Poa

Whether guided or not guided by a lawyer, a land sale agreement should either be drawn by the buyer or if drawn by the seller the same should be thoroughly reviewed by the buyer. This is because the weaker party who needs protection by the said sale agreement is the buyer.

Direct selling or via an agent. Which is better? Property owners have a choice between using an estate agent to market their property or selling privately. There are benefits to using both and it is up to you to decide which option to take. Selling privately has an obvious cost benefit and puts you in control of the selling process. You get to decide who to show the property to and when to allow buyers access to your home. You, as the seller, also have intimate knowledge about the home’s history and the area, and will be able to add value to the buyer. Sellers should however have some knowledge of the property market and decent negotiation skills if they decide to go down this route.

Whether you’re looking for a city apartment or a family home in the suburbs, the process of buying a house in Kenya is relatively straightforward, as long as you have a big enough downpayment.

When buying a property, look to buy at 70% to 80% of your affordability so you have a buffer for potential increases in interest rates, costs of ownership, rates and taxes, and levies.

When you reach a point where you are speaking to the current landowner of a desirable plot, you should keep several core questions in your mind to avoid problems further down the line.