A cquiring your first home is a big responsibility. The most fundamental step is to educate yourself so there would be no room for regrets later on. After all, purchasing a property is not as simple as shopping for clothes, shoes or gadgets. There are a lot at stake here hence you should be careful when you start the process. Below is a short checklist for first-time homebuyers. Be aware of the basics so you will not be overwhelmed with the technical aspects that go along with it. Here are three (3) basic things to guide you. 1. Market Prices. Learn that there are a lot of factors that affect pricing – size, condition, neighborhood and amenities. For instance, a Makati condo may be more expensive than a condo in Manila . On the same note, a 400-square-meter two-storey house in Liliw, Laguna may be cheaper than a 100-square-meter flat in Quezon City. Understand too that they tend to go up and down. Its value may fluctuate over time. This means that your future residence
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