7 Advantages of Buying Land From a Company
Buying land can actually be a significant investment, and it does require careful consideration of all the available options.
Below are some of the advantages of buying land from a company:
1. There’s professional guidance and support.
When you make the decision to buy land from a company, you have the advantage of working directly with professionals who are experienced in land sales and can provide valuable guidance and support throughout the entire process.
This is a very important move, as this is very essential when it comes to understanding all about land, and getting to deal with the experts in this sector will provide you with the insight and detailed information you may want to understand about land and answer any other questions you may have.
Companies that have specialized in selling land like ours have a ready-to-use team of experts that are ready to serve and navigate their clients through the various legal and financial considerations involved in the transactions.
This information that you will be given by our experts or other land company agents will help you make a well-informed decision about the investment that you want to make later in life.
2. Assured Transparency
Buying land from a company is a sure bet that you will be offered security and clear transparency on how the whole process works, compared to buying land from an individual owner who has limited options.
The procedures and guidelines that the companies adhere to, according to the Ministry of Lands, are what assure the client’s security.
Also, buying land from a company guarantees you access to a wealth of information about the property, including its history, any other existing encumbrances, and any other potential developments that are in plan, if there are any. It is with this kind of transparency that you can make an informed decision about your future investment without having to worry about where to start.
3. It guarantees you flexibility and financial options.
This is another added advantage that comes with buying land from a company; it actually has the potential for more flexible financing options. It becomes easier to obtain financing for your land purchase if you buy through a company.
This is because lenders may view companies as more stable and less risky than individual buyers.
And in terms of flexibility, buying land from a company provides you with greater flexibility in terms of ownership structure and management.
For instance, if you decide to have multiple shareholders or directors, that will make it easier to raise capital. For companies like ours, we might be able to step in and negotiate the terms of sale as far as the agreed price tag is concerned and any other contingencies.
This makes the process of buying even more manageable.
4. Easier Breakdown and Fast Process
Truly right, companies typically have established procedures for handling land sales that can make the process more efficient and less complex for buyers.
Having a team that can walk you through the whole process is another level of pure greatness, as what you will be doing is just monitoring and asking questions where you may need clarity.
Companies also keep in touch compared to individual owners, which can make the process of buying land straight-forward and convenient.
5. No incidents of fraud or scams
Frauds and scams are a very serious concern that always raises an alarm when it comes to land buying, especially when dealing with individual land owners or sellers.
Companies, on the other hand, have a good reputation, especially those that have been recognized and approved by the ministry of land and the government like ours, which will help you avoid falling victim to a scam.
I can’t fail to mention that yes, there are scammers that are also selling land who have imposed themselves as companies, but should you look into it, you will realize that they are fake.
That’s why it is always advisable to conduct what’s called due diligence so that you get to confirm if the said company in question is legit as it claims. Never ignore these small details; they go a long way.
When you buy land from a certified, trusted company like ours, you have the added protection of working with professionals who are trained to identify and mitigate potential risks.
They can help you verify the ownership of the property and ensure that all necessary legal and financial documents are in order for you to clear your doubts and have answered your important basic question, which is confirming its status if it’s legit.
6. There’s Room for Future Development and Limited Liability
One potential advantage of buying land from a company is that there’s room for future development opportunities.
Most companies tend to have a longer-term vision for the property and may be very willing to invest in infrastructure and other necessarily needed improvements should you be interested.
That will definitely increase the value of the land over time, so its appreciation goes up, and should you decide to change your mind later on in the future and decide to sell it, you will sell it for almost double the price of what you initially paid or even more.
You will have limited liability when buying from a company, and here is why:
You are not personally liable for any debts or obligations that the company may incur now or in the near future.
This means that your personal assets are protected in the event that the company goes bankrupt or is sued for some other reason, and it will not involve you in it.
7. You get tax benefits.
A line that almost everyone wants to hear considering the high cost of living at the moment and the pressure of being taxed left, right, and center clearly tells you that if there’s something that you shouldn’t let pass you, it’s in a scenario where you will be relieved to be getting a tax benefit.
Buying land from a company makes you take advantage of tax benefits that are not available to individual buyers.
For instance, you will be able to claim tax deductions for expenses related to the purchase of the land, i.e., survey costs and other charges.
In conclusion, we can say that buying land can be a significant investment and requires careful consideration of all the available options.
For anything else you may need clarification on, call us at +254 701 293 199, or even better, consider booking a free site visit with us to see some of our projects in Thigio Kikuyu.
