Moms Top Tips To Consider When Buying A Home

Home

It is one of the basics things that everyone needs and wants to have of their own. Nothing can be a more safe and relaxing place than home. During this Covid-19 outbreak having all family members staying at home as much as possible is the best to stay safe, healthy, and sane. 

The reality is that having your own home or buying a home does not take overnight. To acquire own home in the country, one needs to invest an initial down payment of not less the Five Thousand Pesos (Php5,000.00) and an estimated monthly mortgage affordability payment based on income. If, you are planning on buying a home here in the Philippines, sharing down my top tips to consider when buying a home. These tips will surely help and guide you in purchasing the right real property.

Moms top tips to consider when buying a home

Size of Household and Budget

Family planning includes having your family’s shelter to stay and spend time together while creating memories of a lifetime. The size of the household and its pricing are things need to take into consideration to ensure that you are on the right track to buying a home. More space is great but makes sure that your choice of home will meet your family’s needs, lifestyle, and most importantly budget.

Location and Quality of Housing

Affordable housing is great; however, it must meet the basic standards of livability and the location also matters. Safe, family-friendly neighborhood and accessible to school, supermarkets, and other necessities are factors to consider when buying a home for your family. Also, take into consideration the quality of materials used in constructing the house and its built. A typhoon resilient house is recommended especially that disaster hits the country almost every month.

Property Title and Contract 

One of the steps in buying a home is to secure a clean title and contract of the property. Title and contract are legal documentation that includes specifics about the real property. Don’t get fooled. Ensure that the title of the property your buying is authentic, clean, and with zero real estate taxes payable. How to make sure that a title is real? It should be printed by the Banko Sentral ng Pilipinas. Land Registration Association or LRA watermark should be visible once it is held up against a light. The quality of paper is similar to a bank check. Visit the Assessor’s Office to check and make sure that real estate taxes have been paid.

If buying from a developer, make sure to check these; mother title, contract, and its annexes and road right of way. Since, most of the housing developers in the Philippines offer pre-selling of properties, make sure to check the availability of mother title. Read and understand thoroughly the contract to sell before signing. Feel free to seek help from the licensed real estate broker to explain the technical terminologies inside the deed of sale in a simpler way. Make sure to double-check or compute meticulously the payable, interest, and terms of payment.

Getting your own house isn’t easy, but if you know where to focus your money and efforts, you can have it the smart way. I hope that the tips I shared above help you to decide between buying a home.

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13 Comments

  1. Thanks you for sharing tips.mommy dorry.This would help a lot.para sa mga gustong maginvest ng bahay..Soon I have in my own din..

  2. Ganda nitong mga tips mo take down notes ko na lalo na big help sa mga gusto talaga bumili nh bahay at sakto soon makakabili din kami para maalala ko tong tips mo

  3. Thanks for the tips. It’s a really helpful post.

  4. Family friendly and accessibility to schools and markets is so important. Absolutely.

  5. Location and quality of the house is very important. You’re staying there for a long time so you have to choose your neighbors carefully too haha.

  6. We were in the market to buy a house two years ago, we’re now waiting for the pandemic to be under control for us to start hunting again! Great tips, thank you so much.

  7. These are all great buying tips. This is so awesome for those who are currently looking at the market to buy.

  8. I would say the location is super important for me. The household size is a good thing to consider as well.

  9. I believe that moms are the best when it comes to tips for houses because they are mostly the ones that maintain and run it. They’d know what we need to look out for.

  10. We just bought a home and these are some great tips. Another thing I’d recommend is making sure that certain things are included in the home like a fridge, stove, or even a washer and dryer if you don’t think you’ll have money to spend on those items if you don’t have them already.

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