1.0 BACKGROUND OF THE STUDY
As is generally known that shelter is as important as food and it is one of the basic necessities of life for human beings. As this result, the main motive of man is therefore to own a house on earth where he and his family will be secured and protected against any external forces.
To secure a house requires a lump amount of capital which is not easily available to the investors no property and as a result made the dream to be realized by just few people, they, therefore, rely on an external source of finance to carry out such project since the personal savings and income are not enough to execute the development. Hence, the purpose of this study is to asses the roles and problem financial institution in the provision of capital needed by the investors in real property development.
Real property development is the application of capital managerial skills, and entrepreneurial activities to the economy of land resources development whose form is subordinate to the constraint imposed on it by nature. Illinois (2001) defines it.