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What Benefits Can I Get From Buying Pre-Selling Condos in Makati City?

Mar 30th, 2010
by admin.
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On a daily basis, it is not hard to see so many new condominiums being put up. In Makati City alone, there are already more than 5 condominiums being put up. With so many of pre-selling condos being put up, it is a wonder how agents can sell them. But another thing that should be taken into consideration is if there are really some people who buy pre constructed units.

While there are some people who would not want to buy a condo unit while it is still in its pre-sell stage, there are also those who prefer this than the ones that have already been turned over. There are actually a lot of benefits that you can get if you choose a pre constructed condo. One of the biggest benefits is that the condominium unit is usually much cheaper during this time. There are even some pre constructed units that can be sold half its price as a condo that has already been turned over.

In addition, there is also the benefit of being able to customize the space more. If you are the unit owner of the condo, you can cooperate with the developers of the unit so you can have your walls, floors, and bathroom established already.

There are several pre-selling condos in Makati City that you can check. With so many of them being developed, your only decision to make is where you would like your new home to be located.

For a complete list of the pre-selling condos in the Philippines, visit Philippines Real Estates today.

Posted in: Philippine Real Estate Buying Tips.
Tagged: Makati City · Pre-Sell condos · Preselling

Investing in a Condo- Good Idea?

Mar 24th, 2010
by admin.
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Nowadays, a lot of Filipinos are thinking about investing in a condo. There are some who think about buying one so they can live in it while there are also other people who plan to use the unit as an investment. Either way, it is really a good idea to invest your money in a condominium in the Philippines.

Even though this has already been an established fact, a lot of people are still not welcoming the idea. This may be because they have always lived in an actual house with a lot and they see there is no advantage they can get in buying a condominium. The fact is, this is not entirely wrong.

This is because it is first important to establish why you want to buy a condominium. If you are planning to live in it, you have to make sure that it will fit your needs. At the same time, if you are planning to have it rented out, you have to make sure it gets properly advertised.

But another important thing you have to remember before buying a condominium is the location. If you will be buying a property that you will use for either of the above mentioned purposes, you have to make sure that it is in a feasible area. When you are planning to have your condo rented, you have to choose a location where there is a demand for condo rentals. At the same time, if you will be buying a condo unit in the far ends of the country, you have to remember that it is not yet a good move. This is because there are still a lot of green areas where you can have a house put up.

In certain parts of the country, buying a condo unit can be more expensive than buying a house and lot. If you are thinking about investing in a condo in these places, then it surely is a bad idea.

Posted in: Philippine Real Estate Buying Tips.
Tagged: condo · investment

Condo Living: Why Live in One?

Mar 22nd, 2010
by admin.
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Nowadays, a lot of people have chosen condo living instead of renting a house or an apartment. This is not an unlikely situation now in the cities that can be found in Metro Manila. In Makati City alone, there are already N numbers of residential condos that can be found. Aside from the ones that have already been erected, there are also several ongoing projects throughout the city. But why do people choose to live in condominiums instead of a house or an apartment?

Reason #1: ACCESSIBLE

Let’s face it. A lot of these condos can be found in the center of the city. For this reason, many choose to stay in condos even if they are just renting out the unit. Instead of having to commute to work on a daily basis, people who live in condos can simply walk to their office. They don’t also need to wake up early so they can avoid rush hour traffic.

Reason #2: CONVENIENCE

Especially for single people, living in a condo makes life easier. This is because they don’t have anyone to look after except their own selves. As such, they don’t need to worry about getting bigger space for their families.

Reason #3: SECURITY

Since condos usually have security systems and 24 hour security guards, people who live in condominiums can go out anytime they want. They don’t have to worry about anyone breaking into their house and stealing their things or even about having to open a locked gate when they arrive home in the wee hours of the morning.

Aside from the reasons specified above, living in a condo is now the better option for many city dwellers. This particularly applies to people who used to live in the province and in the far ends of the region.

For listings on available condos, visit Philippines Real Estate to see if one fits your needs.

Posted in: Uncategorized.
Tagged: condo living · live in condo

Real Estate Appraiser: What They Do and Why You Need Them

Mar 18th, 2010
by admin.
3 comments

Why You Need to Get a Real Estate Appraiser

Are you thinking of selling a piece of property anytime soon? Not sure you know how much you should sell your house for? If you want to know the value of your real estate, you might want to employ the help of a Real Estate Appraiser.

What is a Real Estate Appraiser?

First things first. A licensed Real Estate Appraiser calculates the value of a property based on lot size, condition, location, age of property and many other factors.

Getting an appraiser will help you decide on the asking price of the property you are selling. You can ask your real estate broker for referrals. They’re sure to know of someone who can appraise your property for you so you can get your money’s worth.

Want to post your property online? Check out this great site for Philippines Real Estates listings.
Real Estate Appraiser

Posted in: Uncategorized.
Tagged: Real Estate Appraiser · Why you should get an appraiser

Flood Insurance Philippines: How to Flood-Proof Your Home

Mar 16th, 2010
by admin.
3 comments

Tips on How to Protect Your House from Floods

We all saw and experienced the horrific events that took place during the storm, Ondoy. We all felt helpless as we watched the flood waters destroy houses and leave people homeless. A lot of our friends and family members lost all they had because of that storm.

What should we do to ensure that this tragedy does not happen again? Though we may be able to control the forces of nature, there are some things we can do to flood-proof our homes.

Flood Insurance Philippines

The first thing you should do is to get Flood Insurance. Check your standard homeowner insurance policy and see if it covers flood damage. If it doesn’t, do your research and find out how you can get flood insurance.

Secondly, it would be good to prepare a flood survival kit. Stock up on canned food, water, toiletries, flashlights, candles, blankets, clothes, rubber boots, first aid kit and medicine.

It would also be wise to already have a plan of where to evacuate if a flooding does take place. Ask your barangay about their flood emergency plan. Tell your family about it.

When in the middle of a flood, the most important thing to remember is to switch off all electrical, gas and water supplies. Stay in a stable, elevated place.

In hard times like these, it’s always good to be prepared. So, don’t wait for the monsoon season. Get your Flood Insurance now.

Looking for flood-free properties? Check out this great site on Philippines Real Estates.

Posted in: Uncategorized.
Tagged: Flood Insurance Philippines · how to flood-proof your home

Finding a Real Estate Broker

Mar 10th, 2010
by admin.
4 comments

How to Find a Good Real Estate Agent

Are you looking for a Philippine real estate broker? Let’s face it. When you’re trying to sell or lease a property, things can get a little hectic. That’s why it’s good to hire an agent who’ll take care of everything for you.

But how can you be sure that you’re hiring someone you can rely on? Here are some tips on how you can find a good real estate agent for all your property concerns.

What You Should Look for in a Broker

1. Referrals
Who has this broker worked with before? What do her clients say about her? It would be good to get as much referrals as you can, especially from people you know and trust.

2. Results
How many properties has this broker sold? Knowing an agent’s success rate tells you a lot about how good he is in selling.

3. Recommendations
Finally, ask the opinion of professionals. You can ask people in the industry for people who they can recommend to you. Professionals in the real estate business have a whole network of contacts. Plus, they’re up to date with the good and not so good chatter about their colleagues.

Listing sites are good places to find brokers. Check out this site on Philippines Real Estates.

Posted in: Uncategorized.
Tagged: finding a real estate broker · real estate agent

Foreclosed Real Estate: What You Should Know About Buying Foreclosure Property

Mar 8th, 2010
by admin.
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How to Buy Foreclosure Property

One of the cheapest ways to invest in real estate is by buying foreclosure property. A lot of these properties go for a really low price and you can resell or rent them out for a much higher price than you paid. In fact, just recently, a friend of mine closed a deal on a property for Php 3M and only had to pay 5% for down payment! How’s that for good investment?!

But if you’re a newbie in this area of real estate purchasing, there are some things you should know before you make a purchase. Here are some things to think about:

Before You Buy Foreclosure Properties

1. Your Financial State
No matter how small the investment is, you shouldn’t make an impulse buy especially if you’re running low on funds. Also know that foreclosed properties usually need to renovated, so make sure you have money for that.

2. Value
Second, determine its market value. Get it appraised by a realtor or a lawyer. You wouldn’t want to get stuck with a property no one wants.

3. See for Yourself
Make sure you inspect the house yourself. You’re buying it, so you better like it.

4. Problems and Legal Issues
Before signing anything, be sure to ask for problems and legal issues. Ask for a clean title.

5. Bank Foreclosures
Finally, the safest way to buy foreclosed real estate is through banks. So, attend bank auctions or check bank acquired assets.

Looking to invest? Check out Philippines Real Estates listings.
Foreclosed Real Estate

Posted in: Philippine Real Estate Buying Tips.
Tagged: foreclosed real estate · foreclosure property

Real Estate Philippines: Check List to Getting a Real Estate License

Feb 25th, 2010
by admin.
6 comments

How to Get a Real Estate License in the Philippines

Are you thinking of starting a career in real estate? If you want to become a licensed of broker in the Philippines, here’s a step-by-step guide on how to get your real estate license.

Check List to Getting a Real Estate License

1. Educate Yourself
Attend a number of real estate seminars and trainings to familiarize yourself with the business. This is also a good way to create network of contacts for future use.

2. Collect and Select
Contact different Real Estate Brokerage Companies and check out the packages they offer. Compare and contrast. Select the one that suits you most.

3. DTI and HLURB
Head on to the Department of Trade and Industry (DTI) to get a license application form. Get an NBI clearance, proof of educational attainment, REB examination report and all the other requirements the DTI asks for. The licensing fee is P350/year.

Also, register with the Housing Land Use Regulatory Board (HLURB) for proper certification. The fee is P510/year.

Good luck!

Looking for properties you can invest in? Check out Philippines Real Estates for online listings.

Real Estate License

Posted in: Uncategorized.
Tagged: real estate license · real estate philippines

Your Money’s Worth: Top Real Estate Locations in the Philippines

Feb 23rd, 2010
by admin.
1 comment

Find Out Where to Invest Your Money

There’s no better way to invest your money than through real estate. Stocks may rise and fall, but properties will always be in demand. After all, people will always be in need of places to live.

The tricky part, however, is finding the right location to invest your money in. Are you a rookie in the Philippine real estate market? The following are top real estate locations in the Philippines that will give you your money’s worth – with a sure R.O.I.

Top Real Estate Locations in the Philippines

1. The CBDs
The country’s Central Business Districts (CBD) are always filled with professionals looking for apartments, condos or homes near their workplaces. Places like Makati and Ortigas sell like hotcakes – the demand is just so great. An investment in these places will surely be worth it.

2. The Beautiful South
In Metro Manila, there has been a huge “move to the South” in recent years. Developments have sprung up like mushrooms in places like Metro Sta. Rosa and Cavite – spots where, not too long ago, were nothing but fields.

A lot of companies have also opened main offices in these areas and experts believe that the South will boom in a couple of years. It’s a good place to invest in now, while prices are still relatively low.

3. University Belts
Where there are students, there is a market. Target university belts like Katipunan and Manila and don’t be afraid to hike up the prices – these kids (especially those in exclusive schools) have parents who are willing to spend a bit more for great and safe accommodations for their kids.

Looking to buy property? Check out this great site on Philippines Real Estates.

Posted in: Philippine Real Estate Buying Tips.
Tagged: top real estate locations

Tenant Screening: A Landlord’s Check List

Feb 19th, 2010
by admin.
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What You Should do Before You Close a Deal

Tenant screening is important to when you’re having your property rented out. After all, your tenants are practically strangers you’re inviting into your home. You have to make sure that they’re people you can trust.

So, what should you do before you start signing any papers? Here are some things you should get covered before you close a lease.

A Landlord’s Check List

1. Background Check
Do a total background check. Ask for references of previous landlords that you can contact.

2. The Legality of it All
Keep it legal. If you don’t already have one, hire a lawyer. This way you can draft up an efficient and fair contract both you and your lessee will benefit from.

3. Follow Your Gut Instinct
Finally, follow your instinct. It’s important that you feel like you can trust your tenant.

Looking for a place to rent? Check out this site on Philippines Real Estates.


Tenant Screening

Posted in: Uncategorized.
Tagged: landlord · tenant · tenant screening

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