March 9, 2009

Guide When Buying Real Estate in The Philippines

There is a very interesting forum thread at Pinoy Money Talk about Guide When Buying Real Estate in The Philippines that I would like to share to all you. The tips are originally posted from Philsite.net but the subsequent discussion at Pinoy Money Talk is very interesting.

But here is own tip when buying a property:

Make sure that the property is what you need and want now. In our case, we bought a house and lot in Montalban Rizal when our kids are still studying in Quezon City and our work is in Ortigas. Although the house is small for a family of seven, we did not move right away and continued on renting the house we have now. In retrospect, had we moved four years ago, I am sure we would have made some improvements already. And now, I even have to pay for additional expenses, like water connection from Manila Water, which were then offered at a minimal price to already residents of the village. So, before you decide to buy a property, make sure that you will move in or rent it out at once so that the property will not remain idle.


For other interesting topics, visit the Property and Real Estate forum at Pinoy Money Talk.

3 comments:

  1. i am surprised to read this .its admirable work..thanks for this.

    Philippines Real Estate

    ReplyDelete
  2. i am surprised to read this .its admirable work..thanks for this.

    Philippines Real Estate

    ReplyDelete
  3. This is a nice brief tip when buying a property. Thanks for this, it'll be helpful for us.

    quality and affordable housing in cebu

    ReplyDelete