Real Estate - Agenda 360

Buying Off-The-Plan

Most of the flats are sold off-the-plan. With this type of arrangement, you pay for the house in phases until it is completed. This type of arrangement is good in case you do not have all the money to pay for the house at once.

In case you decide to buy a flat off-the-plan, make sure that you buy from a reputable company. You need to buy from a company that has proven that they deliver on their promise. Look at the past project and see how they were executed before you decide whether you want to buy off-the-plan.

</div

Location Of The Flat

When buying a flat, it is always advisable to buy one that is near a city. Buying a flat is always for convenience purposes, and you need to buy in a convenient location.

If you have to drive for more than thirty minutes from the flat to get to town, then probably it is too far. A good flat location should be at least walking distance to your workplace and other amenities.

Amenities

The flat should come with some social amenities. However, it depends on the type of flat that you are buying. Luxury flats come with extra amenities like a gym and even a kids’ play area.

It is always a good idea to check the extra amenities that come with the flat because they will determine whether the flat is worth the cost. If you have kids, a play area is a good addition to the flat.

Security And Management

The security and management of your flat are very important. Make sure that you ask about how security will be managed and enforced.

Remember to ask about flat management because this is what will determine your living experience in the flat. You need to have a good management company to have a good experience in the flat.

Enamored by the tropical climate or the beautiful white beaches? Or are you going to the Philippines because of work, or is it business-related? Whatever reason you have, you are one of the many expats who are moving to this paradise in Southeast Asia.

Indeed, the Philippines is fast becoming a favorite retirement haven for expats and for tourists and businessmen alike. The climate and natural charms such as the beaches are only a few of the reasons. The people, who are said to be the friendliest in the world, have a good grasp of the English language, which is one of the significant advantages why the Philippines is preferred by more expats. For sure, you would want to live and stay in a place where there is no communication barrier with the people around you.

Moving to a new residence in another country entails a lot of preparations and decision-making. Will you buy a property where you would stay? Or will you just lease or rent a condo unit or an apartment? Who will be your contact? When you are decided to buy a property because it has more benefits than either leasing or renting a home, looking for a trustworthy contact can be the next issue to face.

Good Communication Skills

A real estate agent acts as an intermediary between the seller and the buyer. If you hire an agent, he will work on your behalf. He will negotiate for you about the price and will relay to you every progress of the negotiations. Excellent communication skills are crucial so as not to draw confusion but to create an open relationship between the seller and the buyer.

The Philippines has many local languages. A real estate agent is more efficient if he knows the dialect of the area where you are interested in buying a property.

Extensive Knowledge of the Area

It is best to hire a real estate agent who knows almost everything about the country: its laws, culture, economic and public order conditions, among others.

There might be some laws in the Philippines that pertains to owning a property that is important to know. Your agent should also give you general pointers on the way of life, safety measures, and other things you want to know. This will let you be prepared before you can actually set foot on your new residence.

Top-notch Real Estate Skills

Among the best qualities of a real estate agent are excellent appraisal skills and negotiating acumen. You will never be at the losing end of the negotiation table when you have an agent who can draw the real price of the property and has the convincing power to negotiate for a lower price.

Responsible and Principled

A dependable agent knows and performs all the responsibilities that are attached to his work from the beginning until the end. He reports every detail promptly and honestly with no hidden motives that are outside the contract you did with him.…

Category: Real Estate

Tips On Buying a Flat