Results 21 to 27 of 27
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March 20th, 2009 10:50 AM #21
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March 20th, 2009 12:34 PM #22
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Tsikot Member
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June 29th, 2009 01:10 PM #23Hi,
There are a few criteria which help you choose the areas you would ultimately want to zero in on for your first home. If you are looking at mortgage options, look at the highest amount you can qualify for, and then accordingly choose the area which most closely fits into the budget. If you opt for a cash purchase, then again the available funds would decide the area that you can ultimately afford. Apart from financial considerations, there are a few other social factors that play an important part in the choice of your home location.
You would certainly love to be near your friends and relatives and hence a location which is either the same or close to where they stay is mostly preferred.
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June 29th, 2009 02:03 PM #24You can make it big in real-estate. Sabi nga nila - "Buy land, because God aint making more of it".
Kaso, its a very long term project. Walang cash-flow and in case na kelangan ng pera, mahirap ibenta ng basta2x.
(Although, you can get lucky and maybe someone will buy the land one year after you bought it for 3x what you paid for. But I dont think trusting on luck is a good strategy)
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June 29th, 2009 05:44 PM #26
+2 cents. we too have a residential lot at the heart of El Nido town, good investment for retirement. hindi pa rin nabibili.
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July 11th, 2009 04:03 AM #27
How about foreclosed H&L's or condo units that you can get cheap and then rent it out? How will this play out? Will the returns (monthly rentals) be at least better than bank time deposit interest rates?
Be careful with channels like "China Observer" on YouTube. There is a clear bias in their posts and...
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