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Unmasking the Real Estate Riddle: The Outrageous Property Valuation in Ghana

Unmasking the Real Estate Riddle: The Outrageous Property Valuation in Ghana

In Ghana, the state of property valuation has ignited an inferno of frustration and anger. You don't need to be an expert to see that something is profoundly amiss. It's a system that feels like a house of cards, teetering on the brink of chaos. How could it be that the price of a home in Ghana often surpasses that of the United States? It's an absurdity that fuels our collective exasperation. A Price Out...

Navigating the Legalities: Buying Property or Housing in Ghana as a Foreigner

Navigating the Legalities: Buying Property or Housing in Ghana as a Foreigner

Ghana, known for its rich culture, economic growth, and stunning landscapes, is an increasingly attractive destination for foreign investors seeking to purchase real estate or housing. However, understanding the legal requirements and processes involved in buying property or housing in Ghana as a "Foreigner" is essential to ensure a smooth and secure transaction. In this guide, we will explore the legal...

The State of Affordable Housing in Ghana: Challenges and Opportunities

The State of Affordable Housing in Ghana: Challenges and Opportunities

In Ghana, the quest for accessible and affordable housing remains a critical concern as urbanization accelerates. The growing population, coupled with limited resources, has led to a housing gap that demands attention. This article highlights the current landscape of affordable housing in Ghana, highlighting the challenges faced and the potential opportunities that lie ahead. The Housing Landscape in...

What Is Mortgage?

A mortgage is a legal agreement by which a bank, building society, etc. lends money at interest in exchange for taking title of the debtor's property, with the condition that the conveyance of title becomes void upon the payment of the debt. In other words, a mortgage is a debt instrument, secured by the collateral of specified real estate property, that the borrower is obliged to pay back with a...

Renting A Home Is Better Than Buying. Here Are 3 Reasons

When it comes to buying vs. renting a house, there is always a passionate debate about which makes the most financial sense. Both sides have valid points, so it can be a bit confusing. For example, in the US, recent changes in the tax law have also made owning a home less financially advantageous, so the buy vs. rent dispute continues to evolve. A common argument for buying is, ‘Why would you pay...

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