Steps To Owning Real Estate in Antipolo City
Owning real estate is not an easy feat. It is a financial decision that needs a lot of thought. Whether you are interested in owning property from Makati, Taguig, or Antipolo City, you will need to know the basics of buying a property in the Philippines. Listed below are just some of the necessary steps to help you in your property-buying endeavor.
- Create a criteria
Evaluate your reasons for buying a property and list down all the features you would want your property to have. Do you want to be in the central business district or do you want to be near a place with many attractions? Are you buying a house and lot or are you planning to stay in a condo? You will also need to take your budget into consideration so that you won’t go overboard with the expenses.
- Look for properties that fit your criteria
Once you have finalized your criteria, start searching for properties that fit it. If you want to live in the central business district, for example, you can start your search in Makati. If, on the other hand, you want a place near different attractions, you can choose to search in Antipolo City, among others. Make use of different real estate websites and portals. Compare everything you shortlist and take the time to physically inspect them.
- Contact a licensed real estate broker
A real estate broker makes everything easy for you. They will be responsible for showing you the properties and doing everything related to registration once you choose a property to buy. They also take care of price negotiations and securing all the needed documents.
- Study the numbers
Make sure the numbers are within your budget. Get a sample computation from your broker and look over all the fees in it. Make sure that all the information are correct and that nothing is missing. There should be a monthly amortization breakdown, total price, down payment, loanable amount, etc. Once everything is checked and you are sure with your decision to buy the property, you can start to pay the reservation fee.
- Complete the requirements
Your broker and the concerned government agencies will give you checklists to complete before actually owning a property in Antipolo City. Make sure that you complete all the requirements dutifully and accurately, submit them to the Register of Deeds, and you will be a proud owner of Antipolo property in no time.
