How do you procure FHA contracts?
(Posted on:2011-03-15 12:13:19)Answer:
What are the requirements?
(Posted on:2011-03-15 12:12:25)Answer:
Does FHA partner with other bodies in Housing Development?
(Posted on:2011-03-15 12:11:07)Answer:
Does FHA have offices in other parts of the Country?
(Posted on:2011-03-15 12:08:35)Answer:
What are the checking in procedures after purchase?
(Posted on:2011-03-15 12:04:09)Answer:
Guidelines for Taking possession (Checking-In)
A Customer with an allocation of a house or plot who has paid all stipulated charges may request to take possession or be checked in after is completed and survey of the plot is established.
For a house, he should
- Request to be shown the house to determine whether it is completed.
- If completed, formally apply under his signature to the Executive Director (ES) to be checked in, attaching the following:
1. Photocopy of final letter of allocation/reallocation.
2. Photocopy of receipts to cover all due payments.
3. Two recent personal passport photographs.
c) The head of Estate Section then verifies and confirms allocation/reallocation, payments and the authenticity of the customer before endorsing request to the schedule Estate Officer in-charge of the estate in question.
- Customer then presents himself to the Estate Schedule Officer with originals of papers in (b) above for scrutiny. At this point, all requirements for full personal documentation not earlier submitted, are required of the Customer.
- Customer then completes a checking-in form in duplicate and signs.
- The Schdule Estate Officer endorses the checking-in form and hands over the keys of the house. Later, he submits the checking-in form for counter signature of the Head of Estate Section.
- Original checking-in form duly endorsed by all the parties, is then released to Customer and the duplicate placed in the property file of the Customer.
If property is a plot of Land, the Customer:
- Pays all allocation charges.
- Obtains letter of confirmation of ownership and payment from the Estate Dept., to the Land Survey Dept.
- Approaches the Survey Dept., collects and signs for the Survey Plan.
- Is handed over the site by the Land surveyors who confirm back to the Estate that Survey Plan and site have been handed over to the Customer on a stated date.
- The confirmation and checking-in form is then filed in the property file.
- Is the house/Land Transferable
House and land is transferable on through Deed of assignment/consent
Creating Subsidiary Interest
A customer holding an allocation of a plot or a house may desire to divert himself of his interest in totally by sale or assignment, or in part, by sub-lease, sub-under lease, mortgage or transfer of possession. In that event, the Customer is required to seek the Consent of the Authority to that transfer to the third party by:
- Submitting an application for consent to transfer to named third party, attaching a copy (not a photocopy) of setting out terms and conditions of the Authority must be clearly safe guarded in the transfer document. The instrument must also be sealed by a registered Legal Practitioner.
- Ensure that all outstanding charges, fees and Obligation due to the Authority on the allocation Have been fully amended.
- Follow up to ensure that any defects in the deed of transfer are duly amended.
- Pay the consent and other designated fees.
- Pick up the Consent letter personally or through an attorney dully authorized in writing.
Undertakings
Prior to issue of a title paper by the Authority, a Customer may seek credit facilities from a banking institution, for which reason, the bank may require a letter from the Authority undertaking to deliver the title papers for the Customer’s property when they are ready.
In that event, the Customer is required to write instructing the Authority to issue the undertaking in respect of the subject property to a named bank with an address and properly sign the instruction. A fee is payable therefore. Please note that instructions from the Bank or other third party cannot be acted upon because the perty is considered a stranger to the contract over the property with the Customer.
- How do I replace lost document?
Certified True Copy
A Customer who has lost original copy of any papers issue to him by the Authority may apply for issue of a Certified true copy. He is required:
- To depose to an affidavit of loss of the document from the Court.
- To obtain a Police report on the loss.
- To apply for a Certified True Copy paying the requisite fees.
What is the mode of payment?
(Posted on:2011-03-15 12:03:30)Answer:
50% down payment and balance to be spread over a period of 3 months.
How can one get allocation of either house or land from FHA?
(Posted on:2011-03-15 12:03:00)Answer:
Through purchase of application form and on payment of necessary application fees.
Where are these houses located?
(Posted on:2011-03-15 12:02:31)Answer:
Abuja, Lagos, Port Harcourt, Owerri and Ogun State.
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