
My Guide To Buying A Property
Checklist for a perfect location
1. Future of the neighborhood
2. Accessible (Urban or Remote)
3. Schools Nearby
4. Transportation (Metro, Bus, etc.)
5. Local Amenities (Malls, Health Club)
6. Views
7. Safety
Watch out for:
1. Noisy Location - Fire Station, Ambulance, Airport, Schools etc.
Checklist for developers
1. Experience - numbers of projects executed
2. Reliable track record - customer feedback, house and lot should have a title, company forum
3. Informative
4. Transparent quotation - parking, extra charges
5. Financially stable company - publicly listed
6. Known quality
Pre Selling vs RFO
Cheaper - More Expensive
Under construction - Ready to move in
Transfer Reason
1. Loss of job
2. Charges will be shouldered by the original buyer
3. No timeframe - developer is delayed with the project
Turn Over
1. Bank loan - look for the lowest interest rate
2. Bank fees
3. Moving fees
3. Check list - utilities, carpenter
Earning Strategies
1. Flipping - reselling the property for a profit
http://www.propertyfinderph.com/
https://www.globalpropertyguide.com/
2. Rental Properties
Ask help from
1. Legit property managers
- contracts are from the developers
- Notarized documents
2. Real estate agents
- 8.33% or 1 month of 12 months rent
Condominium Dues - should be property owner
1. Association Dues
2. Annual property tax
3. Utility and maintenance
4. Property management charges
5. Other incidental charges