Tips Before Buying House And Lot In The Philippines
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Tips Before Buying House And Lot In the Philippines

Philippines offer a wonderful place for everyone who dreams to settle down and make their own family. And I could say that living here in the Philippines with my family is one of the best things, which happened in my life. It happened three years ago, when I was browsing along in my iPhone on a particular buy and sell website in the Philippines, I was amazed by a certain house and lot around Makati area. That time, my wife and me are newlyweds and been planning to buy our own house and lot. With that, I learned that there are some tips you should know first before buying your most awaited house and lot and they are:

Location

So far, location is considered as the significant thing you must look first prior on making a purchase on house and lots. But you should know that wherever you are in the Philippines, there’s always a good location for you. This is because we have different jobs with different circumstances and different preferences. So you could expect that there is something for you in the market.

Authentic Documents

Be sure that the legal documents such as Transfer Certificate of Title are really authentic. Before anything else, check the authentication of this legal document. You can do it by requesting ‘Certified True Copy’ of this title right on the Register of Deeds. Typically, this office is situated on municipal or city hall on the same place where you property can be found. You must also ask the property’s seller for its photocopy. You’ll surely need the owner’s name and title number so you could request for its certified true copy here in Register of Deeds. Same thing goes with other related legal documents.

Credibility of the seller

As much as possible, you should purchase your house and lot on someone you know trustworthy. There are lots of free buy and sell websites in the Philippines offering no-scam features. You could also rely on referrals by your friends and relatives. This could give you an impression that your investment is in good hands. Aside from that, you should inspect too the house and lot. At least verify its title if this is being or mortgage or not.

Allocation of the Lot

It is also good if you are going to conduct an ocular inspection so you could justify that the description on the title is accurate. I can still remember during the time that we are haunting for possible prospects. Somebody was selling us at that point a property measuring 500sqm. It has a pretty location. The seller’s offer is really encouraging. But the problem is that half of the lot serves as the pathway of the main road. Aside from that, the homes, which is in front of that property is also using part of it as their driveway of cars. Thus, my wife suggested that there are lots of better options than that stuff. Better to choose something that will not give you headache.

These are some tips for you in buying house and lot, which I’ve got from my own experience. It could save your time, effort and investment.


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