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5 key considerations for home buyers in Ghana

 

VAAL Real Estate : Keys to consider when buying a home in Ghana

Most of us consider owning a house of our own to be an essential component in Ghana, unless/until potential home buyers proceed in a more – prepared and better-informed way.

Instead of it being, a dream may become a nightmare! After over 20 years, as a Real Estate developer, in Egypt, Turkey, Kenya, and Ghana, we have firmly believed that the more prepared and informed the home buyers, the happier the experience will be! This article will examine, review, and discuss five key, essential considerations that wise people prepare to proceed.

1. Financing – mortgage: Few potentials, qualified buyers, pay sufficient attention, to better understand, more about the financing possibilities, especially, knowing the differences, between, different mortgage types, and possibilities! Some of these differences include the loan term, whether points are necessary, how much the down – payment must be, and getting prepared to pay it.

2. Inspection/ Home Engineer: Never – estimate the significance of using the right, well-qualified, home engineer and inspector! This will inform one of the possible areas of concern: knowing the probabilities and the house’s strengths and potential weaknesses! Add those anticipated costs to the purchase – price to understand what your expenses are!

3. Personal needs: We are each individuals, so it is essential to begin with thorough, objective introspection to understand better and consider what your personal needs may be, in living, in any house! Most are only able to make a house, their home when they identify and satisfy these personal and custom needs

4. Location: What do you seek and desire in the region, neighborhood, area, and specific location where you reside? Rank, personally, how essential items such as convenience to transportation; school quality; environmental issues; nature, safety, shopping, are, and, to be specific, to select, the location, which will please you!

5. The specific house and property: What specific features are you seeking in a particular home and property? Do you desire a large property, or more accessible and less – expensive, to maintain? Begin with two lists: your musts; and your wish – list!

The better-prepared one begins the home – search/ hunting process, the happier he will become.

Will you commit to being a wiser homebuyer? Always consider seeking advice from here.

Source: VAAL Real Estate

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. In addition to his media ventures, Solomon serves as a Brand Ambassador for Alabuga, a prominent Russian industrial company, representing their interests and expansion across Africa. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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