Accessibility is one of the major reasons why many Filipinos prefer to buy house and lot for sale in Makati. This area has everything that a modern and thriving financial district is expected to offer, such as shopping malls, world-class hospitals, and good universities. Are you looking for a permanent place to live in Makati? Then these tips are for you:
1. Set a realistic budget.
The first thing that you should do is to identify your financial capabilities. How much money have you saved up and how much can you borrow from a lender? Do some ‘loan shopping’ by talking to your bank and government institutions and carefully compare their terms and interests. Make sure that the monthly payments don’t exceed 30% of your income.
2. Identify the type of home that fits your lifestyle.
Once you are confident that you can afford a house and lot for sale in Makati, you can now start identifying the type of home that fits your requirements. List down important amenities and features that you need, such as the number of bedrooms or a big front yard. Don’t forget to define the size of the house, the number of floors, as well as the type of community you want to live in. This would help you search for your ideal home faster.
3. Search through online property listings.
Online property listings generally make property hunting convenient, but not all of them are created the same. To access a wider selection, use reliable real estate portals. These sites ensure that all properties are legal by partnering only with trusted real estate developers.
4. Read up on the developer.
It is easier to secure financing from a lender when you buy properties from top or well-established developers because of their successful track record. So, before closing a deal with a developer, research about their previous projects and milestones.
5. Negotiate smartly.
Good negotiation skills are necessary when buying from an individual seller or a previous owner. Ask the sellers why they are putting the house on sale. For example: if the reason for selling is that they are moving out of the country, it would imply that they want to close the deal fast. They are probably more inclined to accept a bid lower than their current offer.
With these tips you can definitely achieve your dream house and lot for sale in Makati.
About the Author:
This article is written by Aakanksha Sangtani, working as an International Business Analyst at Housal Inc., an online platform for real estate, addresses unfulfilled needs by harnessing technology and bringing all-related solutions under one roof. For buyers, tenants, sellers, brokers, agencies or developers, it encompasses all their answers from property matching, listings, management, analytics and much more. Housal Inc. is the evolution of the real estate process – empowering the real estate industry for the future.