7 Property Buying Pitfalls to Avoid in Ghana (And How to Buy Safely)

1. Trusting Verbal Promises

Never rely on spoken agreements — especially in land or home sales. Always ensure everything is documented in writing with legal review. Property sales in Ghana require clear contracts, signed indentures, and documented title processes.

2. Skipping Due Diligence

Too many buyers jump into deals without checking:
– Who truly owns the property
– Whether the land is under litigation
– If the site plan matches the actual property
This is where Lumen’s land verification and due diligence service becomes essential.

3. Dealing with the Seller’s Agent Only

A seller’s agent works for the seller — not you. Their goal is to close the sale, not protect your interest. You need someone on your side — like a buyer’s agent — to negotiate fairly, check for red flags, and confirm you’re getting what you paid for.

4. Ignoring Market Comparisons

Don’t accept the listed price at face value. Without local market knowledge, you may overpay. At Lumen Advisory, we conduct market research to help you get fair value — whether you’re buying in Accra, Kumasi, Takoradi, or elsewhere.

5. Underestimating Legal and Registration Requirements

Failing to register your property can put your entire investment at risk. Proper registration with the Lands Commission, getting a title certificate, and completing surveys is a non-negotiable part of safe property ownership.

6. Rushing to Build Without Professional Oversight

Many buyers want to build right after purchase. But without experienced construction project supervision, your build could suffer from poor materials, cost overruns, or fraud. Lumen provides post-purchase support to help with building, renovations, and furnishing.

7. Falling for Social Media Property Scams

Many fraudulent sellers use WhatsApp groups, Facebook pages, and property portals to lure buyers. Photos are often edited, ownership is unclear, and documents are fake. Lumen only works with verified listings and vetted sellers to protect our clients.