Home Buying: What Kind of Homebuyer are You?


“If I were asked to name the benefit of the house, I should say the house shelters daydreaming, the house protects the dreamer, and the house allows one to dream in peace.”-Gaston Bachelard

Just as there are different types of houses, so is there a diverse set of homebuyers one would encounter in their lives—especially when you are in the real estate industry wherein you deal with these sorts of clients every single day. However, determining what kind of home buyer you are, should not be the job of your real estate agent but yours as well. After all, identifying the type of home buyer you are would significantly narrow down your options when it comes to choosing homes and would make the entire process a lot easier, simpler, more streamlined and straightforward. Furthermore, having an awareness of the sort of buyer you are would enable you to find out not only what you need and suits you, but what befits your budget as well.

So, before you zero in on a Makati Condo for sale, try to assess what kind of buyer you are first. In any case, below is a list of descriptions about homebuyers out there. Take a gander at them and see if any of them best describe you before you take that plunge in buying real estate:

1.) Move-in Ready

At a moment’s notice, you can move in. As a consequence, it is only natural for you to wish to move in as soon as possible. You are dead set on an immediate move-in—so much so that you do not really have the luxury of time to wait. In fact, you would much rather look for a home that is already built than wait several months to have it erected and built from the ground. If you find yourself relating to this kind of buyer, check full-furnished properties where all you would really need to do is move-in sans the shopping (or shipping) of furniture. Before deciding to move out, prepare a list of what you must have in your home so that have an idea where you will commence your search.

2.) Fixer-upper lover

You are the type of homeowner who has an ardent proclivity for making dilapidated properties look fresh and new again. In fact, you are never deterred by any renovation, reconstruction, and maintenance work. If anything, they challenge and motivate you to try out some new ideas. If you have a penchant for home improvement projects and find that kind of work ensnaring, then you would most likely fall for a fixer-upper kind of house. If you can relate to these, scour your location for some foreclosed properties that might appeal to you. However, do not forget to create a grand master plan to aid you in creating the final look for your home.

3.) Tiny House Hunter

You love adopting a minimalist lifestyle that you are hardly bothered by houses of diminutive size. In fact, you find them subtly charming and a lot easier to decorate and style. You do not wish to spend so much money on extra space you probably will never need and merely make do with what available space you can. Moreover, you love redecorating now and then and you find it easier to do when you are living in a tiny home. If you are this type of homebuyer, perhaps finding a studio-type condo would be your best choice. After all, you have everything you need just in a single room.

4.) Life-time Buyer

Starter homes are a thing of the past, and you no longer feel like it is something you should be investing in—especially since you are starting to grow out your family. You want a home that would last you—not only for years but until your retirement and when your hair eventually turns grey. If you are this kind of buyer, check for properties that are strategically situated near business districts, entertainment hubs and schools as well to ensure the optimal growth and development of your family.

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Home Living: Four Reasons You Need Homeowners Insurance

car breaks the wall

“It is a privilege to wake up in this house that existed before us, and will exist after us.”-Tim Cuppett (homeowner)

Without a doubt, our homes are bastions against outward elements—a place we can call our sanctuary, if you may. It is universally considered as a protective shelter and more often than not, it is symbolic of all the years of hard work we have done in order to erect such a place. Moreover, it also happens to be one of the most significant investments we would probably make in our lives. In this regard, it would only make sense to protect it adequately and ensure that should anything untoward occur, you and your family would not be left without a roof over your head. And the best way to sufficiently protect your homes is to have it insured with homeowner’s insurance.

Yes, you might have thought that this is another recurring expense on top of the exorbitant amount you have already paid for the home itself. But the truth of the matter is, if you cannot afford home insurance then you cannot afford a home. You could never tell what might happen, and if a fire razes your homes, you would be left without a shelter and without your belongings which are a scenario rendering you close to destitute. Your home is precious, and for that reason alone you should protect it. Any damage done could leave lasting financial and emotional consequences—let home insurance mitigate it. In any case, if you have been hoping to buy a condo in Avida Towers Centera or elsewhere, it is best to review the reasons why you should insure your home:

1.) Natural disasters are a dangerous reality

Just four years ago, Typhoon Haiyan devastated the Philippines, particularly in the Visayas area. The aftermath of the hurricane left many Filipinos homeless, and as such, most of them were not able to rebuild their homes until much later. We would never know when a natural disaster could occur—whether that may be an earthquake, fire, typhoon or anything similar. Should this be the case, we should ensure that our homes are protected so as not to leave ourselves and our families homeless.

2.) Man-made risks can cause a lot of damage

Much like natural disasters, manmade risks are fortuitous events. Although you may have armed your homes to the teeth with security cameras, surveillance systems and the like, manmade risks such as thefts, terrorism, riots, arson, etc. still pose a threat to the security and protection of your home. Home insurance, albeit only some of them, provides you with the assurance that reparation would be provided should any of manmade untoward events occur. However, should your insurer not provide this benefit, you can always add an additional fee for this benefit.

3.) Everything has value

Depending on your insurer, home insurance usually provides coverage for two things: the construction of the home itself and the contents within. Unfortunately, some items might not fall into the category of essential items that would need to be insured. Many of us would have items that have sentimental value, jewelry or maybe even some art installations and paintings that might have had cost us a fortune. To ensure you have everything you wish covered, read your policy and coverage and opt for a rider or two.

4.) It gives you peace of mind

Last, but certainly not the least having insurance gives you peace of mind. In this regard, you would be able to sleep well at night knowing that should any unforeseen circumstance occur that might cause you to lose your home, you and your family will be able to ride the tide with insurance. Remember, peace of mind is priceless, and so is your home. You should regard it as more than a structure of four walls and selected paint—it is a sanctuary that cultivates relationships and offers its inhabitants utmost protection.


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