For OFWs: Top 4 Crucial Things to Learn When Buying a Home in the Philippines

“Every person who invests in well-selected real estate in a growing section of a prosperous community adopts the surest and safest method of becoming independent, for real estate is the basis of wealth.” – Theodore Roosevelt, U.S president

Whether you realize it or not, the rapid growth of OFW homebuyers is increasing. Of course, investing in their own home is one of the things they want to do to make sure that they have a secure and nice future. Sad to say, not all OFW knows about home buying process in the Philippines. As a result, they regret investing in a real estate.
Well, if you are one of those OFWs who wish to have their own home, then you should know at the least the basics of real estate. Whether you plan to invest in a pre-selling condo in Manila or any real estate in the Philippines, you should know what to do to make sure that you will get the right home for you. And to avoid such unfortunate scenarios, below are some of the things you should know to achieve the desired outcome of your home buying process.

Research, research, research

Do not ever decide to choose and buy a particular property if you don’t know anything about it at all. Of course, before you can choose one, you should also know what kind of property that you are going to invest. If you think that you are still not satisfied with the quality of property that you have found online, then you should do your research more. With that, you will eventually find a good and suitable place for you. You just have to be patient in searching.

Return home or work with a trusted representative

There are a lot of OFWs who invest in a home even if they are not around in the country. With that, there might be unwanted situations that may arise. To avoid such, there is a need for you to return home or work with a trusted representative. Of course, you have to since it will definitely be difficult to transact real estate investments when you are out of the country. However, if you think that you still can’t go back home, then the best way to ensure that the investment is in good hands is to work or hire a broker. With that, it will be easier for you to achieve your desired home.

Value for money

As an OFW, even if you have the budget intended for your home, you should also consider other expenses. That means you need to choose a property which you can afford to have. Moreover, even if you can afford such property, there might be other add-ons that you don’t know. That is why you also have to make sure that you know every single detail of the transaction process. That is also for you to know what is already going on with your investments.

Find a reliable and reputable developer

There are a lot of real estate developers in the Philippines; you might not recognize some of them. Making sure of your investments also means making sure who you trust. Placing your trust to a developer who you don’t know anything at all, then this might jeopardize your real estate investments. When you choose a designer who is well-known with a good reputation, then you will definitely have a brighter side of your future.

If you are one of those OFWs, when you know the basic of real estate process, you will eventually realize that investing such is not as hard as you think it is. Of course, making sure that everything is going smoothly is a must for you to do.

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Homebuying 101: Top 5 Secrets Your Realtor is Keeping From You


When it comes to home buying, hiring a real estate agent will always be an advantage. Perhaps, some of you are planning to do all the work to save you from any commission rates, but for most home investors, going solo might not be a good idea. It does not matter if you want to invest in pre-selling condo in Manila, you do not want to end up committing costly mistakes.

Although realtors play a significant role in the home buying process, there are just some things they hide from us – either they just don’t know how to say it, or they simply just do not want us to know. However, keep in mind that without proper communication between you as the buyer and your realtor, there might be some misunderstandings and complications in the long run. That is why, to give you some ideas, we list down some things most realtors won’t tell you about.

  1. The agent’s commission is negotiable

While some people believe that agent’s commission rate is a 50/50 between the seller’s agent and the buyer’s agent, sometimes, other realtors would demand higher rates than the others. Although commission rates would depend on both parties, what you do not know that it can be negotiated. However, if you want to deal with homeowners who do not want to work with a buyer’s agent, then there’s no reason for you to carry the burden alone. Moreover, it won’t cost you if you want and decide to engage with the services the real estate agent can offer.

2. The agent has little control

Perhaps, you think that realtors can do anything for you to achieve your dream home or find a rightful buying of your home, but what you do not know that they only have a little control of the situation. Yes, they can help you achieve a desirable outcome, but there is certain process for you to take. Keep in mind that real estate agents do not have any hold of what’s going to happen. For as long as they do what they need to do, then they will definitely help you achieve that matter.

3. You can’t afford this property

A real estate agent can help you buy or invest a house. But if you are not financially prepared for it, then your agent might have a hard time offering you a good deal. As a home investor, you also have to remember that agents are just there to help, guide and assist you with the transaction you made. However, they can’t help you when it comes to financial matters. It is your responsibility to provide such for any monetary needed.

Before anything else, you have to assess yourself on whether or not you can afford to invest in a real estate. If so, then you can proceed to the next step which is the transactions. And another thing, you should also make sure that you have a real budget for it for as not to face financial problems later on.

4. People are petty over refrigerators

Whether you are aware of it or not, there are home investors who would definitely be interested when you have good appliances at home, especially when it comes to a refrigerator. This attracts the buyer since the fridge falls into a gray area, where it can also be a deciding factor of a homebuyer on whether or not the fridge will stay or goes with the seller. That only means, make sure to impress your potential buyer with the appliances you include in your house.

5. Do not ask your real estate agent about race or ethnicity

Asking out from curiosity might not be a bad thing at all. However, keep in mind that it would definitely be unethical and unprofessional when you ask your agent about their race or ethnicity. Before you ask, you should consider their feelings if they are going to be offended or not. Also, never ask them about it especially when you are in the middle of the transaction. This kind of action is definitely rude on their part.

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Top 4 Facts Why You Have a Messy Home


It is undeniable that we sometimes have a messy home. Of course, keeping up the pace of being neat and organized at home may be a challenge especially if you are busy with so many things in life. Well, you are not alone with this sentiment, since there are actually a lot of homeowners who are also struggling when it comes to their clutter. And I’m sure nobody would be happy whenever they see things that are scattered all over the place, right?

But let’s face it! Since we don’t have much time for it, we tend to let it be, which is definitely not a good habit for a lifestyle. Some of us here don’t know why they tend to have so many things at home. While others, just don’t care too much about it. Well, it doesn’t matter if you are living in Makati condo or any other real estate in the Philippines, being neat and organized at home is within your reach.

However, if you are one of those homeowners who don’t know why they have plenty of things at home, then you might not realize something. And to give you some idea of what it is all about, below are the facts or reasons as to why you always have a messy home.

1. We just can’t resist a freebie or a sale

This is one of the reasons why we tend to have so many clothes in our closet. Even if there are times that we don’t need to have such clothes, or you don’t even feel like wearing it, but for the sake that it is a sale, you have the tendency to be tempted to buy it. Of course, since the clothes you bought is useless, it will only make your closet full. And the more you buy such clothes since it is on sale, you don’t just keep useless things at home, you are also wasting your money and time.

2. We hold onto keepsakes and sentimental items because we’re afraid to let them go

Whether you realize it not, we humans are sentimental. That is why we tend to hold on and keep things that hold value to us. Although most of our items are not that useful to use, for the sake that they are given to someone, we tend to keep it without realizing that we are already keeping useless things at home. Well, if you think that that particular thing doesn’t have to do with your anymore and is not that useful to you, then you better throw it away.

3. We like to have a lot of stuff around

Hands up if you are one of those people who just have too much stuff at home. Some of us here would feel empty when they don’t have a lot of things at home. They just don’t care if they are useless or not for as long as they have the things around them, which is definitely not a good thing to do. If you really want to have a lot of things at home, then you better have the things that are useful for you. With that, you will be keeping useless things at home.

4. We think we “might need it someday”

There are just times that we are tempted to buy that particular thing because we think that we might need it someday. When you do, then you better think again before you decide to buy that particular thing. This will only lead you to buy and keeping the useless thing at home. And I’m sure you don’t want to keep things that can bother you at home, right. That is why, you have to make sure that before you decide to buy it, better have a second though whether or not you need it.

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Resolutions to Make to Finally Afford A New Home



Being perpetually connected online and on social media would have us all aware of some of our friend’s #goals. And while we are browsing through it, we cannot help but compose a few of our own. Some of us–most especially millennials have reached a certain point in our age wherein we need to be financially responsible and accountable for everything we spend for. We may have dreams and material longings that pale in comparison to the bigger picture and that is to invest in things that only increase in value over time or perhaps, are essential for our day to day living.

One of the things you could wisely put money on is to invest in a home you can truly call your own. Unfortunately, though, the typical Filipino offspring stays in the family home until a certain time that he or she gets married. Though true, this fact should not detract the value of investing on your dreams of having your own flat–besides, when you do get hitched, would it not be better if you contributed to the share of the pecuniary burden of financing your new home with your spouse?

Though certain sacrifices must be made, it is imperative that for you to accomplish the goal of finally affording a new home, you should never lose sight of the prize or why you began in the first place. Remember, a home is quite a big purchase and because it is so, your material renunciations might be a bit more substantial, but you will be very much rewarded accordingly. So, if you want to incorporate some changes into your spending lifestyle so that you can finally afford that new home then take a gander at the list below.

1.) Consider buying smart

There are inevitable expenses that each and every single one of us incurs. Common necessities would include food, electricity, water, appliances and etc. Spending for the items that are essential to our daily living is something we could not negotiate with when it comes to finances, but in order to preclude needless spending, you can easily compromise by buying smart. This means that instead of eating out every weekend, you opt to stay in and eat at home, save your leftovers for future meals and instead of buying cheap appliances that break down easily, you invest in more expensive ones but are likely to last longer. You may be spending more money currently, but you will save yourself from the mountainous bills of repairs.

2.) Grab the opportunity to have a second job

Purchasing a home in these times can come rather costly and if you have not saved enough even for just the down-payment, it can be rather easy to forgo the goal of having a new home. If this is the case, now is the time that you may want to consider having a second job which is manageable and would not in any way interfere with your main job. Channel your inner writer by taking a freelance writing job, or perhaps you are a talented photographer at heart, should you have the gear, you can host photo shoot sessions for a reasonable price. The possibilities of you earning money are endless and you get to enjoy the bonus of earning from your hobby or talent as well.

3.) Let your money move. Invest!

If you have a lot of extra cash stashed just sitting around, you may want to consider having it move by investing it. After all, stagnant money is money that will inexorably lose value. Investing in the Philippines is possible and very much plausible for perpetually busy individuals who do have money stacked away. It can come in many forms such as acquiring investment policies from insurances companies, starting mutual funds, etc.

4.) Avoid unnecessary spending

One thing most millennials have to deal with is having to resist the impulse of buying they can readily see. We live in an age of perpetual commercialization and wherein it does not take much to entice us to part with our money. Social media offers us an avenue for seeing brand new products being advertised, online shopping grants us the convenience and online pay wraps this all up. But before we can get caught up in this entire scenario, we need to ask ourselves if we really do need that new phone, or that pair of pumps when in a couple of years they can only depreciate in value. Remember to cut down the unnecessary spending and to think first of whether the things you are considering to buy will be of any true value for the next couple of years.

Return of Investment 101: Home Improvement Tip of the Week

There will always be a fun factor when it comes to improving your home. Agree? Of course, you’ve got the chance to apply your ideal home design to your own property. Well, there will definitely be a lot of careful thinking and planning as to what and how you are going to renovate and/or arrange the things inside and outside of your home – and that alone makes it more fun and challenging to do on the part of the homeowners.

A lot of you here, especially homeowners, are into home improvements. While others do the renovation for their own lifestyle, other homeowners do it to for investments. Generally, when they know and learn new ideas, they usually and/or immediately apply their learning in their own home. However for some, they just can’t pull it off. Sometimes, they fail to have a careful plan on what they are supposed to do.

Well, if you are one of those homeowners who have a hard time thinking on just what to do when it comes to home improvement, then you might want to try applying these simple tips on how you can make it a success, and for you to have a higher return of investments. Whether you’re living in a bgc condo or any other real estate property,  you can apply it on your own home.

Tip # 1: If you want to boost your property value, remodel the bathroom

Some of you here might be planning on selling and/or renting your home, or at least in the future. If you do, then you better remodel and improve your bathroom. Bathroom? Yes! Why? Bathroom is where we usually clean ourselves; it is where we want to be refreshed. Of course, it will definitely be more refreshing if your bathroom is nice and cozy enough for you to use.

Moreover, there are already studies that show that most homeowners usually see to it that the ideal bathroom that they want to have will also be in the property that they are going to rent/buy. So, you better meet their expectations!

Tip # 2: Every penny you spend on a new kitchen only increases the value of your home by 50 cents.

Before you decide on what you are going to do when it comes to improving your home, it is a must for you to ask yourself why you are renovating your kitchen in the first place. Why not some other places in your house? Well yes, the kitchen is still part of your home which is why we also need to renovate it. However, unlike tip # 1, focusing on the renovation of your kitchen offers among the lowest return of investment.

The kitchen is not just the only room that most people want to spend the rest of their free time with; there are still other rooms that need to be improved which helps grab the homebuyer’s attention. However, if you are still planning to renovate your kitchen, then you just have to make sure that it will not consume too much of your time, effort and money. You better think on what else you need to improve inside and outside of your home.

Tip # 3: Get a higher return on investment by adding a story, not redoing the basement.

When renovating a home, you don’t just renovate the first floor of it, unless your home is a bungalow type. However, adding up a story on your home is a good idea for you to have a higher return on investment. Most of the times, homeowners are into properties that have two or three stories. Especially when the homebuyers have a lot of families to live with them, they will definitely choose a bigger property.

Moreover, as a home seller, you have the right to place a higher value on your property, especially when you know that your property is worthy to have a higher price. With that, you will definitely not be on a losing end of your investment.

Doing home improvements is not that hard as you think. For as long as you know the process and you know what to do when it comes to the renovation of your house, then you will definitely achieve your desired outcome of investments.