FAQ

A potential buyer should know everything about the property. From the ownership, to when property was constructed, to recent renovations, defects of the property and even information about the neighbourhood in which the property is situated.

Amenities in the neighbourhood, security are of top most interest to most potential buyers.

 

To know the worth of a property one needs to contact a property appraiser otherwise called a valuer to assess the value of your house. Again one can determine the value of the house with comparable properties.

 

To know the worth of a property one needs to contact a property appraiser otherwise called a valuer to assess the value of your house. Again one can determine the value of the house with comparable properties.

 
  • List Price-The list price is the price you list your house for when you put it on the market. This price can change during the listing should you opt to lower or raise the price before it sells.
  • Sale Price-What your house sells for is the final sale price. The final sale price of similar comparable properties in your neighborhood that were sold within the last six months is an indication of your home’s current value.

Pricing your home higher is not a good idea. It usually discourages potential buyers from making an enquiry. In making a sale, always remember that you’re the boss. You decide which amount will be good for you.

 

We charge our clients a maximum of 5% of the final sale price minus tax.

If for a rental property, we charge ONE MONTH commission off the 12-months paid by the rentee (client) to the owner.

Simply put a low ball offer is making an offer that is low enough to be seen as an insult to the seller. However, people who make low ball offers can turn out to be the buyers of the estate. Here are a few ways to respond to low ball offers;

  • Focus on the goal-selling a house
  • Control your emotions
  • Always remember you’re the boss
  • Always respond with a counter offer
  • Review comparable property sale prices

(www.rochesterrealestateblog.com)

A customer is expected to book an appointment with us at least a day to the inspection day. We will tell the client the time and location. Inspection with a potential client is free of charge.

A potential buyer is expected to do a diligent search at the Lands Commission to know the legal owners of the land. A potential buyer should request for a site plan to the land he/she wants to buy to conduct the search at the Public and Vested Land Management Department (PVLMD) and Survey and Mapping Division of the Lands Commission.

This should happen before the negotiation for the property starts.

Titled Land
Land Title Registration confers an indefeasible title on the proprietor of the land under PNDCL 152 and it is applicable in Accra, Tema, Kumasi and some parts of Winneba (the “Registration Districts”).

Plotted Land
Plotted (registered) Land is land that is not titled but its details are recorded in the records of the Public and Vested Lands Management Division (PVLMD) of the Lands Commission. All plotted lands must undergo further processing at the Lands Commission for the title to be issued.

NB: Titled lands are more expensive than Plotted Lands and it gives its holder security of tenure.

Clients are given 21 days from the expiry of the agreement to either complete payment or agree on an extension with interest.

If after these there has not been a sign of goodwill to pay, Cosmos Real Estate reserves the right to terminate the agreement, relocate the client to a different property or refund part of the monies paid exclusive of administrative charges.

Whether you’re buying the house as your primary residence or for speculative reasons, the right time to buy a landed property is NOW. Landed properties appreciate with time. It is true that there have been some cases where it has depreciated than appreciated. But those cases are very rare.

There is not much difference.

brokerage fee is a fee charged by an agent or agent’s company to conduct transactions between buyers and sellers. The broker charges the brokerage fee for services such as purchases, sales, and advice on the transaction, negotiations or delivery.

At the moment we DO NOT charge our clients for visiting any said property. It is FREE

Whether a property is furnished or not security deposit would be paid subject to review by the owner though.

A lease is usually for averagely a period of 99 years or less depending on the location of the Land.

To obtain the square feet of a room or land, measure the length and width of the property and multiply the two.

Lands in Ghana are measured in square feet. The standard one plot-sized land is now 70ft x 100ft square feet.

Interested in owning a property or land?

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