Why pre selling properties have an advantage?
Why Philippine Pre-Selling Properties Have An Advantage…Perhaps some of you property buyers and investors are asking… Why are Philippine Pre-Selling Properties better than the rest, like secondary properties or foreclosed properties? Here’s why:
- Philippine Pre-Selling Properties usually have a NO DOWNPAYMENT and NO LUMPSUM payment term, meaning you just have to shell out about P8,000 plus a month, and you can already own a quality 20sqm studio!
- A Philippine Pre-Selling Property usually appreciates as time goes by and as the construction gets nearer and nearer to its completion time, by as much as 100% or DOUBLE (no kidding!)
- Even though many Philippine Pre-Selling Properties are delayed in construction by about 3 months or so, the profit you will gain by the sheer appreciation of the property will cover for that minimum time loss! You just have to learn to select a QUALITY developer who has the LEAST number of delayed projects, as evidenced by their history of projects made (HINT: Many pre-selling properties have delays in construction because its usually the Contractor’s fault, not the developer)
How to Choose: PRE-SELLING vs FORECLOSED vs SECONDARY PROPERTIES
When one wants to invest in a Philippine Property, (or any property for that matter), the careful buyer will always find three types of properties to choose from by canvassing around: Pre-selling, Foreclosed, and Secondary Properties.
Given a budget to work with, whether it’s a million-peso figure and/or a monthly budget based on your income, how will you know which of the three suits you best?
Aside from the location of the property itself which of course is crucial to you depending on where you live and work, allow me to give you this chart below so you will know what to expect on each of the three: (All Caps means an ADVANTAGE)
When one wants to invest in a Philippine Property, (or any property for that matter), the careful buyer will always find three types of properties to choose from by canvassing around: Pre-selling, Foreclosed, and Secondary Properties.
Given a budget to work with, whether it’s a million-peso figure and/or a monthly budget based on your income, how will you know which of the three suits you best?
Aside from the location of the property itself which of course is crucial to you depending on where you live and work, allow me to give you this chart below so you will know what to expect on each of the three: (All Caps means an ADVANTAGE)
I believe this chart speaks for itself and is very very helpful especially to the newcomers in the Real Estate Philippines Industry. Now you know what you getting into when it comes to real estate investing. Feel free to bookmark this link for your continued reference and give it out to your friends and relatives who are looking for a property, whether for their own use of for investment. Now, if a Philippine Pre-Selling property suits you the best,