Appraisal Of The Perception Of Real Estate Investors’ On The Lending Requirements Of Financial Institutions

50 pages Chapters 5 ID: ETM0053

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DepartmentEstate Management
TypeProject
Pages50
Chapters5
FormatMS Word & PDF
Reference No.ETM0053

Abstract

CHAPTER ONE INTRODUCTION 1.2 BACKGROUND TO THE STUDY An investment in real estate development requires a huge sum of money, most at times exceeding six (6) figures as such only a hand full of individuals could venture into this form of investment. This financial insufficiency naturally turns investors to financial institution for possible credit advancement. Mbanefo (2002) observed that the importance of banks in our economy lies in their monopoly of the resources to provide loans for industrial and commercial developments. The provision of this loan however, carries the risk of default in …

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