20/10/2025
๐ก 1. Set Your Budget
Know how much you can afford for the down payment, monthly amortization, and other costs (like taxes, fees, and furnishings).
Use your income and expenses to figure out a realistic price range.
๐ณ 2. Get Pre-Qualified or Pre-Approved for a Loan
Visit a bank or Pag-IBIG to check how much you can borrow.
This helps you know your price limit and makes you a serious buyer.
๐ 3. Choose the Location
Think about:
Safety and accessibility
Distance to work, school, malls, and hospitals
Future development in the area
๐๏ธ 4. Find the Right Property
Browse real estate listings, social media pages, or work with a trusted agent.
Compare developers, designs, and features that match your needs.
๐ 5. Visit and Inspect the Property
Attend an open house or site viewing.
Check the quality of construction, surroundings, and amenities.
Ask questions about inclusions and warranties.
๐ 6. Reserve Your Unit
Pay a reservation fee to secure your chosen unit.
This amount is usually deducted from your down payment.
๐ 7. Complete Requirements and Sign the Contract
Submit valid IDs, proof of income, and other documents.
Review and sign the Contract to Sell or Deed of Sale.
Always read the fine print before signing!
๐ฐ 8. Settle Your Down Payment and Apply for Financing
Complete your equity/down payment based on the developerโs terms.
Apply for bank, Pag-IBIG, or in-house financing for the balance.๐