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Tuesday, 26 November 2013

BOGUS HOUSING COOPERATIVES - SOME CONSIDERATIONS ON HOW TO IDENTIFY THE CONMEN .






A JCB destroying an illegal structure in Harare West.
Many desperate home seekers are losing thousands of dollars in bogus housing cooperatives and projects in Harare, Bulawayo and else where. The conmen bombard laypeople with an avalanche of jargon like monthly subscriptions, top up, endowment fees, registration fees etc  but we however know that all these refer to just one thing which is money. Isnt it ironic that a  real state deal for a mere 300sq m demands the entire dictionary to describe money were as one for thousands of sq meters like those we sometimes do has two or three words for money in the agreement of sale.




LEARN ABOUT PROPERTY FROM EXPERTS



SELLING YOUR HOUSE? TIPS ON HOW TO SAFEGUARD SALE PROCEEDS !

Usually property fraudsters are people with extensive involvement in the selling of houses or real estate for criminal purposes. If you are a layperson selling his or her property chances are high that you are already beaten by these people's schemes from the word go. This article endeavors to help you by giving some tips based on age old practice that lawyers have effectively implemented, safeguarding sale proceeds even in the face of these hungry predators. More ...








PERIMETER WALLING AND OTHER VALUE ADDITION METHODS FOR PROPERTY INVESTORS



Value appreciation of immovable property is one of the biggest motivators for investing in real estate. It means harvesting good profits through capital gains or higher rental income to property owners and more commission to estate agents.   A depreciation in value means the opposite – a   lose of equity, profit or commission. Value appreciation being this important therefore, techniques that allow investors to positively influence the perception of value in the eyes of the market are welcome. Here are three worthy of consideration and these are perimeter walling, landscaping and a paint finish called eggshell. MORE...



People are therefore warned and must guard the little they have jealously. A majority of these housing projects will collapse but not before they make someone poorer and homeless. The total amount of money some people have paid shrouded in endless jargon if it were to be summed up now would become a deposit in say Mainway Meadows where better properties can be secured.

BEWARE OF PROPERTY FRAUD !!
So how do we identify the conmen? First and foremost its important to know that Zimbabwe has a heritage of order and is amongst the best in rural and urban planning. Therefore, one is safe only if she or he first refers to the order our civilization established through law before becoming part and parcel of any housing endeavor .

This writer is perpetually shocked to see some cooperatives mushrooming along rail way lines.  According to the Rural and Urban Planning Act these vacant pieces of land are allowed to be like this and its not wastage by the authorities but its for your safety from train disaster. Most of us have seen in news clips of India how derailment causes destruction of nearby property and life. As a civilization we have enacted laws like the Rural and Urban Planning Act as a move of providence since we know that prevention is better that cure.

In a modern state there are many uses that should never be disturbed by any other. These also include electricity power lines, fresh water and sewer systems, airport and road servitude etc. As a result the aforementioned act has vested in many municipalities and state ministries powers of a local planning authority (LPA) that dictates that no land subdivision or any significant change of use can be effected in its jurisdiction without a permit issued by it. The LPA  or city/rural council is enabled to first consult with such utilities like ZESA, NRZ, ZINARA and even adjacent citizenry before any major project is permitted. All this is done in the spirit of order, progress and the most sanctified of all – the preserving of human life.

In a nutshell the most important message is that the need for housing cant be separated from that of order but the two goes hand in glove. This realization should illuminate home seekers so that its used to verify the legitimacy or lack thereof of any private housing project by conducting a thorough inspection of relevant documentation from the LPA.




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