Lets look at it this way, you have found a plot or building, done due diligence, you are convinced, you have the finances most cases at this point investors back out,
not because of the fear of legitimacy of the property but what I call property blues. People always need the last push to commit. the question in your mind is should I or should I not ? Is it not too expensive etc etc.
Sometimes close friends will discourage you , that farmland of yester years is not worth the price!!!
The fact is that todays decisions are tomorrow's realties and in real estate investment, time is very important.
The earlier you decide and act the cheaper.Always negotiate installmental payment plans to reduce the phobia and where possible while buying plots, buy in pairs ie at least two. The plausible reason for this is that these days one is given a very short time to develop most cases 3 to 5 years.
In 3 years time one of the plots you buy will become a seed capital to start developing the other as it would have apprciated considerably and would be of high demand, so in this case installmental payment when you sale does not apply.
The restriction to develop over a certain time frame in most countries is a statutory requirement. You may start with perimeter fence (where applicable) and might be a foundation. What is very important is that you should have a consistence plan of clearing the weeds, to avoid your plot becoming a security threat to others that have developed their plots.
Do not be a future historian :- This plot was
500K three years ago it is now 2M etc etc. Rather be an achiever, take your decision in time.
Best Of Luck
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .