If you have enough savings and thinking of where to spend it, here are the pros and cons of buying a car or a property to help you make a wise investment decision.
We all know that owning a house and lot is not that cheap. With the monthly payment, maintenance, and daily expenses, the list goes on and on. That’s why many of us are hesitant to invest in properties. But how expensive is acquiring a property in the Philippines?
Buying a house and lot property is not easy. It is overwhelming and sometimes, can be complicated, especially if you don’t know anything about the whole process. So most of the time, first-time home buyers make mistakes that they regret later on.
Buying a home can be a long and difficult process. As much as possible, you want a real estate sales agent that will be hands on in helping you through the whole house buying journey. Your real estate agent should also be accommodating and is willing to answer all your questions. You don’t know anything about home buying, that is why you will solely rely on the expertise of your agent.
According to Abraham Maslow’s hierarchy of needs, one of the basic needs of man to survive is shelter. A good home is not just one big dream that we all have, but a need that should be fulfilled no matter what. That is why, many of us work hard to meet this need - whether it is to save for your own home or to pay for a monthly rent. But in meeting this basic need, what is the best option that we can do? Is it owning or renting?
We all know that buying a house and lot property is not easy. There are a lot of things that you need to consider - from the location, type of property, price, processing of documents, loans, and the list goes on. It is the biggest investment and decision that you will make. So you need to make strategic and wise decision to make sure that all your physical and financial efforts will pay off.