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A Guide to Buying Real Estate the Right Way: Advice for Diasporans Investing in Kenya

TakeAway:

1.RentScore assists diaspora clients in finding quality, affordable property in Kenya, offering access to vetted options that align with budget and investment goals.

2.It's crucial to work with regulated real estate companies and professionals in the real estate industry to ensure a smooth transaction process and protect your interests.

3.Conduct thorough due diligence on developers, especially for off-plan projects, to mitigate risks and ensure the investment's viability.

4.RentScore facilitates the entire transaction process from acquisition to completion, including virtual viewings, paperwork, and negotiations, to alleviate the challenges of buying property in Kenya from abroad.

5.With RentScore's guidance, diaspora investors can make informed decisions and confidently secure their dream properties in Kenya.

 

Are you a Kenyan living abroad, dreaming of owning property in Kenya? Investing in real estate from the diaspora can be a daunting task, filled with uncertainties and challenges. From navigating the market to ensuring a smooth transaction, there are many factors to consider to ensure you make the right investment decisions.

At RentScore, we recognize the specific needs and obstacles that diasporans encounter when buying property in Kenya, having supported many diaspora clients. With over a decade of expertise and experience in the real estate market, we're here to guide you every step of the way. Here are some essential tips to help you buy houses in Kenya the right way:

 

1.Finding Quality, Affordable Property Options:

One of the biggest challenges for diasporans is finding quality and affordable properties in Kenya. RentScore gives you access to selected and vetted properties that meet your budget and investment goals. We further guide you on flexible and affordable ways to get started, especially for first-time homebuyers. Our team of professional real estate agents is dedicated to helping you find the perfect property that suits your needs and preferences.

 

2.Working with Professionals:

Did you know that real estate agents are regulated in Kenya? It's true! To ensure you're working with a reputable agent, always ask for their registration number and current practicing license before proceeding with any transactions. While it may be tempting to rely solely on family members for advice, it's essential to work with professionals who have expertise in the real estate industry. At RentScore, our team of qualified real estate agents and a panel of conveyancing lawyers provide expert guidance and advice throughout the buying process. From conducting due diligence on properties to negotiating with developers, we'll ensure that your interests come first every step of the way.

 

3.Trust Issues with Off-Plan Projects:

Off-plan projects can be a lucrative investment opportunity, but they also come with their own set of risks. It's crucial to conduct thorough due diligence on developers before committing to any off-plan project. RentScore takes a step further to thoroughly vet developers before working with them to understand their experience, expertise, and quality of workmanship, review project plans, and verify that all necessary approvals and permits are in place before you invest.

4.Transaction Facilitation:

Navigating the purchase process from abroad can be challenging, but RentScore is here to facilitate the entire transaction from acquisition to completion. We'll liaise with developers to facilitate live virtual viewings, lawyers, and other relevant third parties on your behalf to ensure a smooth and seamless process. Whether you're buying off-plan or a completed property, we'll facilitate all the paperwork and negotiations to make the process as stress-free and pleasant as possible.

Investing in real estate from the diaspora doesn't have to be overwhelming. With RentScore by your side, you can make informed decisions and secure your dream property in Kenya with confidence. Contact us today on +254 743 466 209 or +254 757 488 833 to learn more about our services and how we can help you achieve your real estate goals.