20/01/2023
📌THINGS TO CONSIDER WHEN BUYING A HOME:
✔💰 Budget
Consider how much you can afford if cash and monthly if you want to pay in installments
✔🛣️ Location
Properties in prime location will be on premium price, the farther to the city center, the cheaper
✔ 💵 Required Monthly Salary
Check monthly income to qualify for home loan. Required income may be combined with spouse or co-owners
✔ 🚻 Marital Status
Be cautious of the legalities especially when you are married but not legally separated.
🤔FREQUENTLY ASKED QUESTIONS:
1. Where is it? Is there any cheaper price?
✔ It depends on the location and the type of subdivision. Properties away from the city center tend to be a little less pricey.
2. Is there “Rent To Own “?
✔ There is really no rent to own. It’s like paying the same amount of rent when in fact, you are already paying for your down payment or amortization.
3. Do you have Ready for Occupancy unit?
✔ RFO units requires you to pay full downpayment usually cash since the property is ready. RFO unit prices has already appreciated compared to preselling units. However, there are some good deals for RFO units by installment.
4. What is Pre-selling property?
✔ It means the property is already in the market while still undeveloped or still being developed. Prices are usually lower while on preselling stage.
5. What is Equity?
✔ Equity or Down payment.
6. What is Amortization
✔️ It is the amount you pay monthly after taking a mortgage usually either thru bank/ Pag-Ibig
For more FREE PROPERTY ADVICE:
PM or contact me anytime. 😊🔑❤️
📞 09164592806
📞 09420221380
