I wrote a column or article I think you should include in your magazine. What should I do with it?

That s great! We welcome you to submit written articles directly to our Executive Editor for consideration. Please include high-resolution images as an attachment or in a link in the body of your message, if applicable. Send in a mail to info@marketdigestnigeria.com.ng

I want to advertise. How do I get started?

We’d love to help you get started with advertising in one or more of our platforms. Browse our media kit to see our standard pricing, or send a mail to info@marketdigestnigeria.com.ng, or call +234(0) 7059570580. We re able to accommodate any media budget to help you get your message national exposure Contact us today to learn more!

How can Market digest Nigeria help advertisers and home sellers?

Market digest Nigeria Ltd has an integrated approach to client’s communications, involving earned and owned media. We earn media through our media outreach; own media through our direct-to-consumer outreach channels (website, mobile apps and magazine); Placing an ad with us expands your sales force, exposes the product to a larger pool of prospective clients more over to the clients that can afford your product and services. The magazine is distributed directly to principal officers of all local and multinational companies, government establishments selected vendors, malls, hotels and clubs. For home sellers, such a high exposure creates more demand for the property. The higher the demand, the more pricing power enjoyed by the homeowner and the quicker a home will sell.

What is Market Digest Nigeria website about and how does it work?

The website is a premium Multiple Listing Service. It is a private database that is created, maintained and paid for by Market Digest Nigeria Ltd to help their clients buy and sell property as well as market its own properties. Buyers and sellers can work with professionals of their choice, confident that they have access to the largest pool of luxury properties for sale in Nigeria s neighborhoods.


What are comparables or comps?

These are referred to as recently sold properties that are similar in size, location, and amenities to the home for sale. These properties help an appraiser determine the fair market value of a property.

How should I price my home?

You must take into account the prevailing state of the real estate market and especially local market conditions. The real estate market continually changes, and market fluctuations affect property values. So it is critical to determine your listing price based on the most recent comparable sales in your neighborhood. It would be a good idea to get a Home Value Request, or CMA, also known as Comparable Market Analysis.

Can I sell my house by myself?

It is not a legal requirement to use an agent to sell your property – you may elect to undertake the process yourself. However, there are many reasons why people generally engage the services of a professional to ensure the best price. Aside from the obvious expertise in marketing, negotiation and selling that an agent brings, most buyers also prefer not to deal directly with the seller. If buyers know you are not paying for an agent, they will usually expect to see the house price reduced accordingly.

How can I determine my housing needs before I begin the search?

Your home should fit the way you live, with spaces and features that appeal to the entire family. Before you begin looking at homes, make a list of your priorities: location, size, lot, amenities, etc. Establish a set of minimum requirements and a “wish list”. Minimum requirements are things that a house must have for you to consider it, while a “wish list” covers things that you’d like to have but aren’t essential.

Are there important factors to consider when selling a home?

The two most important factors are price and condition in selling a home. The first step is to price it properly. Then, go through the house to see if there are any cosmetic defects that can be repaired. A third factor is exposure. It is also important that the home gets the exposure it deserves through open houses, broker open houses, advertising, good signage and listing on the local multiple listing service, as well as the internet.

How can I keep track of all the homes I see?

If possible, take photographs of each house: the outside, the yard, the major rooms, and extra features that you like or ones you see as potential problems. And don’t hesitate to go back for a second look.

What should I look for when walking through a home?

In addition to comparing the home to your minimum requirement & wish lists, consider the following: Is there enough room for both the present & the future? Are there enough bedrooms and bathrooms? Is the house structurally sound? Do the mechanical systems and appliances work? Is the yard big enough? Do you like the floor plan? Will your furniture fit in the space? Is there enough storage space? Does anything need to be repaired or replaced? Imagine the home in good and bad weather and in each season. Will you be happy with it year round? Take your time and think carefully about each house you see. Ask your real estate agent to point out the pros and cons of each home from a professional standpoint.


How do we determine how much we can afford to pay for a home?

In order to determine how much you can afford, we need to understand debt to income ratios. First, we must determine what your gross annual income is and divide that income by 12. (12 months) Second, we must determine your long-term debt. For example: home mortgage (principal & interest), taxes & insurance (T & I), school loan, car loan, credit card debt, etc. and calculate the monthly payments. Third, the debt to income ratio is established by dividing the monthly debt by the monthly income. The debt to income ratio should, in most cases not exceed 35%. Forth, if the debt to income ratio is 35% or less and your credit rating is decent, there is a good chance you will be able to get approval for a mortgage loan.

How is interest calculated on a mortgage loan?

Most mortgages originated today calculate interest in arrears, unlike consumer loans, which calculate interest to the date of payment receipt. As an example, when borrowers pay their February mortgage payments, they are paying the January interest. This method of calculating interest is based on a 360-day year in which each month has 30 days.

Can I use a Mortgage loan to Purchase a House In Nigeria?

Yes, you certainly can there are good mortgage lenders and advisors in Nigeria but be sure to use a well-known mortgage lender.