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Showing posts from January, 2014

First-Time Homebuyers: Four (4) Reasons Why You Should Build A House In A Rural Area

Purchasing a house requires a lot of consideration and planning. As it is one of the biggest decisions you can make in your lifetime, it can very well affect the way you live your life in the future and the manner in which you manage your finances. Needless to say, it is best to be prepared especially if you are an aspiring first-time homebuyer . Why Should You Build A House In A Rural Area One of the things to think about in homeownership is the location of your residence . You can either choose to live in the city where the center of activities usually takes place or somewhere in the country where peace and tranquility is much more guaranteed. Here are the top reasons why you should have a Philippine property in a rural area. 1.        It’s quiet.  ·         Noise. You will not be bothered by your surroundings ranging from cars going by or horns being honked to close neighbors playing loud music or children shouting in the streets while on play. ·         D

First-Time Homebuyers: Four (4) New Year’s Resolutions For Aspiring First-Time Homebuyers

Creating New Year’s Resolutions is a popular Filipino tradition. It basically comprises of making a promise to oneself to start doing something good or stop doing something bad on the first day of the year. How To Start The New Year As An Aspiring First-time Homebuyer If you are one of those who aim to buy your first house in the year 2014, this guide will help you jumpstart your plans to do so. Read on and learn how to follow through each item so that your resolutions will be fulfilled before 2014 ends. 1.        Begin saving up. Purchasing a property requires money. Most of it you can get from loans and mortgages, true, but you still need cash for down payment, closing costs and monthly expenses. The down payment rate varies from as little as 5% to as high as 25% depending on the seller. Thus, it’s only practical to cut down unnecessary expenses. If you are used to going out of town every summer and spending thousands of pesos flying first-class, opt for