WHAT IS MYPROPERTYBANK.COM?
Mypropertybank.com is an online real estate marketplace for property marketing and investments. We are here to connect individuals with quality real estate properties from our global community of real estate partners.
Through our marketplace, all individuals have the opportunity to engage in marketing of properties and earn income commissions. Also, individuals who want to participate in crowd funding of high yield property investments can do so online. Additionally, members have the opportunity to build a community of real estate entrepreneurs through a membership referral system that offers unlimited earnings potential in the community.
We are here to simplify real estate marketing and investing through the use of technology and community effort.
WHAT IS THE MAIN AIM OF MYPROPERTYBANK.COM?
Our aim is to provide all individuals the opportunity to engage in affiliate marketing of real estate properties with the aim of earning commission from property sales. Additionally, our marketplace also provides investment opportunities in vetted properties for all individuals to benefit from the future appreciation of such real estate properties irrespective of one’s financial capacity.
IS MYPROPERTYBANK.COM A BANK OR FINANCIAL INSTITUTION?
No. Mypropertybank.com is not a Bank or a Non-Banking Financial institution, and does not represent or warrant that it seeks to or is capable of providing services for banking and allied activities. You need to have an existing account with an institution capable of providing banking services in order to access the service.
WHO CAN JOIN MYPROPERTYBANK.COM?
The most basic criteria of joining Mypropertybank.com are that members must be 18 years of age or above and must be of good character and sound mind.
HOW DO I REGISTER OR CREATE A MYPROPERTYBANK.COM ACCOUNT?
You can register by using the link of the person who referred you or if you are not referred by anyone, visit Mypropertybank.com, sign-up and register. It is easy. To open an account, follow the steps below:
- On the Home Page, click on the sign up button.
- Read the Terms and Conditions and check the box to agree.
- Enter your details and click on the sign up button.
- Make your membership payment of N3,000.00
- After successful registration, then go to profile on your membership dashboard, edit your personal and bank information, fund your account and start investing.
WHAT ARE THE BENEFITS FOR REGISTERING ON MYPROPERTYBANK.COM MARKET?
Below are some of the few benefits of Mypropertybank.com Market to its members.
- With Mypropertybank.com, you can earn an unlimited income from sales commissions through marketing and investing in properties.
- With us, you have the opportunity to sponsor property applications.
- With us, you access to a unique referral system that offers you the opportunity to build your own community of real estate entrepreneurs which in turn generates life time income and wealth from its business activities for you thereby actualizing your financial freedom.
- With us, you don’t have to spend time and energy looking for a buyer of your property; we are here to take that stress off from you.
- With us, you no longer need huge capital to buy or sell properties investments in Nigeria. You can invest as little as you can afford and still enjoy the immense property appreciation experienced in the real estate industry.
- With us, you can buy or sell property in Nigeria from any part of the world.
- With us, you only deal with documented landed properties with government approved ownership.
- With us, you instantly know the net worth of your property investment at any time.
- With us, you can sell your investment within the marketplace with little effort as the push of a button with your mobile device anytime, anywhere.
- With us, all you need to do is invest, sit back and watch your asset investment grow to maturity.
- With us, you have the opportunity to collectively increase your asset portfolios in multiple real estate properties which only were previously privy to corporate institutions and high net-worth investors.
- With us, you have one of the best and most secured marketplace platforms to buy real estate properties.
HOW CAN I REFER SOMEONE TO JOIN MYPROPERTYBANK.COM?
You can login to your account, go to your profile and copy your referral link, then share the link with the interested person or social platform.
WHAT IS MYPROPERTYBANK.COM DEPOSIT?
Mypropertybank.com deposit is the payment made by a member for investment purposes after sign up on Mypropertybank.com real estate market community.
WHAT PAYMENT DO I NEED TO MAKE TO BECOME A MEMBER?
To become a member of Mypropertybank.com community, you need to make a one-time payment of the sum of N3,000.00. This membership grants you access to our investment and trading opportunities.
CAN I HAVE MULTIPLE MYPROPERTYBANK.COM ACCOUNTS?
No. You are authorised to open only one account on the platform. You profile information, bank account details and transactions are linked to your Mypropertybank.com account.
WHEN WILL I GET PAID TO MY BANK ACCOUNT AFTER I HAVE MADE A WITHDRAWAL REQUEST?
All withdrawal requests can be made on Mypropertybank.com Marketplace at any time during the month, however all request for withdrawal is processed monthly and takes place on the last day of the month. Once processed, you will receive a credit of the amount requested to your bank account detail held with my Mypropertybank.com. You can go to the portal and make request for withdrawal from your wallet account balance.
WHAT IS THE MINIMUM PAYOUT?
The minimum withdrawal balance eligible for pay-out is N3,000.00.
WHAT IS MYPROPERTYBANK.COM ACCOUNT?
This is the unique online wallet account created for each Mypropertybank.com Member to fund for transactions purposes upon signing up on the platform.
WHO IS A PROPERTY CO-OWNER?
A Property Co-owner is a member who participates in the purchasing of a property investment in unit share in conjunction with other members of Mypropertybank marketplace and co-owns such property collectively with such members on the marketplace. Co-owner holds a percentage units share of such property as asset investment on the platform.
CAN A CO-OWN PROPERTY INVESTMENTS BE SOLD BEFORE THE MATURITY DATE OF INVESTMENT?
Yes. A Co-owner of a property investment can choose to sell his/her assets investments at any time before the maturity date stated in the investment details on the trading marketplace. However, all transactions of property investments are determined by the forces of demand and supply between willing buyers and sellers in the marketplace.
DO I GET INTEREST ON MY PROPERTY INVESTMENTS?
The Mypropertybank.com is a non interest real estate marketplace that offers you both individual and collective property asset acquisition and investment opportunities. Therefore, you benefit from the property appreciation value of the property over the specific period of time indicated in the property investment detail. Your asset investment grows with a percentage increase in value monthly in the marketplace. There is no interest payment made on property investments on the trading market.
CAN I SELL MY ASSET INVESTMENT BASE ON MY CHOICE PRICE?
No. Asset investments value and prices are automatically stated based on the real value of the property and its appreciation rate which are linked to the property history in the trading market.
WHAT IS EFFECTIVE DATE OF CO-OWNED PROPERTY INVESTMENT?
The Effective Date of Co-Owned Property Asset Investment is the date state on the property investment detail which falls either during the property investment subscription period if the subscription of the property is completed before the end date of the subscription or at the end of the subscription period. At this date, the total fund required for the purchase of the property asset is realised completely on the Marketplace and the property is purchased. This is not the date of an individual subscription of its own share units of the property investment.
WHAT IS PROPERTY INVESTMENT SUBSCRIPTION PERIOD?
This is the period that all members are offered the opportunity to subscribe to a property investment on the real estate marketplace.
WHAT IS INCOMPLETE PROPERTY INVESTMENT SUBSCRIPTION PERIOD?
This is a property asset investment that was not completely subscribed by members in the trading platform over a reasonable period of time as stated on the specific property. The trading system will automatically reverse such subscription and refund all subscribers funds into their individual Mypropertybank.com account.
WHAT IS PROPERTY VISITATION REPORT?
This is an evaluation report a member is required to provide on any property visited for the purpose of purchasing. The visitation report is made on a property before any member concludes a property purchase transaction with any of our Real Estate Global Partners from our marketplace.
WHO IS A PROPERTY SPONSOR?
A property sponsor is an individual or company who subscribes to advertise/sponsor a property for sell on Mypropertybank.com marketplace.
WHAT IS THE RESPONSIBILITY OF A PROPERTY SPONSOR?
As a property sponsor will be available for all enquiries and visitation appointments requested by members interested in buying of your sponsored/advertised property.
HOW MANY PROPERTY CAN I ADVERTISE OR SPONSOR?
You can sponsor as many properties as possible.
WHAT IS THE REQUIREMENTS FOR A MEMBER TO BECOME A SPONSOR?
The requirements for a sponsor includes the following:
- Letter of Intention the company’s letter head paper
- Certificate of Incorporation
- Cheque Leaf (cheque should be made void by crossing it)
- Passport Photograph
- Utility Bill of the company’s premises
- Any of the following means of identification
- Driver’s License
- International Passport
- National Identity Card
WHAT ARE THE REQUIRED PROPERTY DOCUMENTS FOR SPONSORED/ADVERT APPLICATION?
Property documents required for sponsorship application purposes include some of the documents related to the specific property. These documents include the following:
- Survey plan
- Certificate of Occupancy
- Deed of Assignment
- Governor Consent
Additional related documents or reports required:
- Court affidavit for non-encumbrance.
- Survey plan search report from land registry.
- Other related documents.
WHAT IS THE MATURITY PERIOD OF AN INVESTMENT?
Maturity period is the duration that a property collectively held by members in the trading platform for the benefits of asset appreciation of the property. Maturity period applies to only Co-owned property assets.
WHAT RETURN CAN I ANTICIPATE ON MY REAL ESTATE INVESTMENT?
The return in investment upon maturity of an asset investment is specifically stated on the asset investment details. Investments on real estate are mostly intended for long term investors who value the appreciative nature of the property asset.
HOW DOES MYPROPERTYBANK.COM DETERMINE THE RATE OF APPRECIATION OF A PROPERTY INVESTMENT?
At Mypropertybank.com trading market, the rate of real estate asset appreciation varies from one property to another. Mypropertybank.com evaluate a property investments based on its locations, developments, title and other factors specific to the property under assessment.
HOW MANY PROPERTY INVESTMENTS CAN I INVEST IN?
You can invest in as many properties investments opportunities available as you can afford.
HOW LONG DOES A PROPERTY INVESTMENT TAKE TO BE SOLD UPON MATURITY?
We cannot determine how long a property asset investment would take to be resold upon maturity in the real estate market; the duration of sales of investment sales is solely determined by the forces of demand and supply in the trading market. However, we can estimate an average period of between within a month to two years for investors to bear mind when making an investment decision.
WHEN CAN I SELL MY ASSET INVESTMENTS?
An investor can sell its part investments in the Mypropertybank marketplace at any time based on the current value of the property investments.
WHERE CAN I SELL MY ASSET INVESTMENTS?
All asset investments are sold on the Mypropertybank.com trading platform.
WHAT HAPPENS TO MY CO-OWNED ASSET INVESTMENTS AT MATURITY DATE?
At maturity date, you relinquish your right of ownership of the asset investments to enable the collective sale of the property investments by your authorized property administrator. The proceeds are remitted to your Mypropertybank.com wallet account upon the sale of the property asset investment.
CAN INDIVIDUALS OUTSIDE NIGERIA JOIN OR REGISTER AS A MEMBER?
Yes, you can register from anywhere in the world. All you need is a Nigerian Bank Account. Our online real estate market have web-based login platform that provides members the convenience of gaining access to their dashboards and personal accounts 24/7 from any location worldwide.
WHAT RETURNS DO I GET WHEN I PURCHASE A REAL ESTATE ASSET INVESTMENT?
The Mypropertybank.com is a real estate property marketing and investment marketplace. Properties can be bought 100% off by an individual or can be collectively bought in share units by multiple members as co-owners of the property investment. Co-owned investment asset are bought for the sole purpose of the asset appreciation for the duration of the maturity period upon which it must be resold based on its current value. Investors are not paid or entitled to receive interests on their property investment purchased but rather are part owners of the real estate asset purchased.
HOW DOES MYPROPERTYBANK.COM PROFILE REAL ESTATE PROJECTS FOR INVESTMENT?
Mypropertybank.com strictly follows the screening processes below:
- Property application submitted by members
- Examination of the proposal by Mypropertybank.com Asset Appraisal Committee
- Due diligence and pre-documentation process. b.e review of investment policy, asset titles, financials, legal status, property condition and location.
- Terms and conditions acknowledgement
- Approval granted
- Placement of property asset on the trading market
WHAT IS THE EXIT PLAN FOR A MEMBER?
As a marketplace platform, a member who wishes to withdraw from the market can sell off its asset investment owned through the trading market if he has any investment and then cancel their membership from the market through request for termination of membership.
HOW DO I MAKE PAYMENT OF FOR INVESTMENT PURPOSES?
You can make payment with your card or make payment into the account details provided below:
|Bank Name||Guaranty Trust Bank|
|Account Name||Questbridge Integrated Nig Limited|
You can also make payment online into our account or through our other payment channels. Please ensure that at the bank you indicate your name and reference number as we have it in our records as the depositor even if you send someone else to the bank or when making a transfer. This will help our internal accounting process.
WHO CAN I CONTACT WITH FURTHER QUESTIONS?
You can Contact us at our office at No 1, Xtadok Estate, off Oko-General Street, Addo, Ajah, Lekki, Lagos, Nigeria. You can also send us a mail on info@Mypropertybank.com.