YABA COLLEGE OF TECHNOLOGY

FACULTY OF ENVIRONMENTAL STUDIES

DEPARTMENT OF ESTATE MANAGEMENT AND VALUATION

QUESTIONNAIRE

Dear Sir/Ma,

COMAPARATIVE ANALYSIS OF SOURCES OF RESIDENTIAL REAL ESTATE

FINANCE BY STAFF IN TETIARY INSTITUTION IN NIGERIA.

(A CASE STUDY OF UNIVERSITY OF LAGOS AND YABATECH)

This questionnaire is to obtain information on comparative analysis of sources of residential real

estate finance by staff in tertiary institution in Nigeria. The exercise is for academic purpose
only. All information supplied shall be treated with uttermost confidentiality. Thank you.

Note

(a) Strongly Agree [ SA ] (b) Agree [ A ] (c) Undecided [ U ]

(d) Disagree [ D ] (e) Strongly Disagree [ SD ]

SECTION A

1. Sex: (a) Male [ ] (b) Female [ ]

2. Age: (a) 18-27yrs [ ] (b) 28-37yrs [ ] (c) 40yrs and above [ ]

3. Educational status of respondent: (a) WASC/GCE [ ] (b HSC/OND/NCE [ ] (c)

BSC/HND/PROFESSIONAL [ ] (d) MSC/PHD [ ]

4. Total monthly income: (a) Below N10,000 [ ] (b) N11,000 – N40,000 [ ]

(c) N41,000 – N80,000 [ ] (d) N81,000 – 120,000 [ ] (e) N120,000 above [ ]

5. Number Of Years In The Organization: (a) 1-10 years [ ] (b) 11-20 years years

[ ] (c) 21-30 years [ ] (d) 30 yrs [ ]

 SECTION B
RANKING

Sources of Funds Ranking(1-6)

Short Term/ Long Term Loans

Co-operative

Equity Capital

Personal/Family saving

Mortgages from Federal Mortgage Banks

Others______________________________

SECTION C
6. Housing Status?
Landlord [ ] Tenant [ ]
7. If you have built your own house identify your source of Real estate finance
(a) Equity Capital [ ] (b) Personal/Family saving [ ] (c) Mortgages from Mortgage
Banks [ ] (d)Short Term/ Long Term Loans [ ] (e)other[ ]__________________
8. Identify the highest Providers of real estate finance in Nigeria
(a) Equity Capital [ ] (b) Personal/Family saving [ ] (c) Mortgages from Mortgage
Banks [ ] (d)Short Term/ Long Term Loans [ ] (e)other[ ]__________________
9. Identify the source of Real estate finance in your institution
(a) Equity Capital [ ] (b) Personal/Family saving [ ] (c) Mortgages from Mortgage
Banks [ ] (d)Short Term/ Long Term Loans [ ] (e)other[ ]__________________
SECTION C
10. Location of the property
(a) University of Lagos [ ] (b) Yabatech [ ]
11. What do you think is the main challenges encountered when seeking for funds?
(a) Provision of Collateral [ ] (b) Time involve in processing the Loan [ ]
(c) Policy involve in the paper work
12. Customers are able and willing to provide the required collateral?
(a) SA [ ] (b) A [ ] (c) U [ ] (d) D [ ] (e) SD [ ]
13. Bankers are fair in rendering their services for the interest of all Nigerian?
(a) SA [ ] (b) A [ ] (c) U [ ] (d) D [ ] (e) SD [ ]
14. Borrowers repay their loan with interest at agreed time?
(a) SA [ ] (b) A [ ] (c) U [ ] (d) D [ ] (e) SD [ ]
SECTION D
15. The lending institution request for guarantee before granting loan?
(a) SA [ ] (b) A [ ] (c) U [ ] (d) D [ ] (e) SD [ ]
16. Customers are favored by these rules and find it easy to abide by them?
(a) SA [ ] (b) A [ ] (c) U [ ] (d) D [ ] (e) SD [ ]
17. Bankers strictly enforce these rules?
(a) SA [ ] (b) A [ ] (c) U [ ] (d) D [ ] (e) SD [ ]
18. Bankers are fair in the requirement procedure before granting the loans?
(a) SA [ ] (b) A [ ] (c) U [ ] (d) D [ ] (e) SD [ ]
19. Is the required collateral the most significant requirement for granting loan?
(a) SA [ ] (b) A [ ] (c) U [ ] (d) D [ ] (e) SD [ ]
20. Do you have any complaint on the any source of Real estate finance?
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