Home-Buying Checklist Before Buying a House

So you want to buy a house! Great, it’s a big step in life.

With a number of things to consider when buying a house, it can be not easy to know where to start.

Here is a checklist that can help you kickstart your home-buying journey.

• Decide how much you can afford.

Once you have decided to buy a house, it’s important to know what you can afford and how much the monthly payments will be.

You need to set a budget for the payments as well as other expenses related to getting a house that you can be comfortable with.

• Save for a downpayment.

The amount needed for a down payment varies but it’s typically 20% of the total price of the property. If you plan on buying a house,

you can save for this or look for properties with no spot downpayment. At Ciudades, they offer installment payments of the downpayment making it easier for the buyer.

• Look for a Real Estate Developer.

Find a real estate developer that has credibility and a good track record. The developer should have experience in building homes and should be able to show examples of their work.

Take note of the quality of their work and overall craftsmanship.

• Browse online their projects.

Browse online the real estate developer’s projects. You will get an idea how what their houses look like and what kind of materials they use plus the method they use when constructing the houses.

Visiting the projects can be time-consuming so doing things online is the way to go. Check the developer’s website, social media pages, and past client reviews.

Google is your friend so take advantage of this. Search for reviews about their projects and what other people think about them.

• Make an initial contact online.

Make an initial contact online when you have decided what property to buy. Aside from getting things to move quickly and smoothly, this will help you save time in going to their office. This is also the way to go especially if you are an OFW.  You can request an online presentation to have a better grasp of what the project is about.

Your agent should be able to reply right away as well and be able to answer all the questions and clarifications you may have about the project. Take advantage of the power and benefits of the internet that it allows open communication in real-time.

• Book your ocular visit.

After digesting all the information that you have gathered, it’s time to make an ocular. Book an appointment with your agent. Most developers offer free site tripping. If you are an OFW, you can ask your family to go on your behalf. Seeing the actual place and getting a feel of the neighborhood helps in your decision-making.

Need help finding the right property to invest in?  Check our available properties.