How to Choose the Right Condominium Property in Manila
A growing number of urban professionals and young families are foregoing the expense and drama of buying residential family homes in the suburbs in favor of condominium properties in Manila and other cities in the metro for convenience. This trend has greatly accelerated urbanization; thereby, shooting real estate prices upwards. What can you afford? Securing your finances to acquire a new condo unit is just the beginning. The terms of sale might place unexpected demands on your buying decision . Each developer will implement varied payment conditions that need to be negotiated; from the popular zero-down-payment-with-higher-interest methods, to the full-payment-before-settlement process. There are also rent-to-own schemes with large payment balloons at term. The availability of different payment options is intended to make it easy to sell condos, but have the effect of confusing the genuine buyer willing to close a deal. Giving careful consideration to the lifetime p...