Buying or selling real estate this 2009

[mark_t]

All i can say is that investing on residential real estates is not really profitable. Much preferred talaga ang commercial and agricultural. but commercial and agricultural real estates dont come cheap. it is quite hard to find commercial and agricultural lots that costs 1 million to 5 million pesos (unless sobrang layo na sa main roads)

Tama ito, lalo na kung makakakuha ka ng mga forclosed na agricultural
land na maiipasok mo sa pagibig fund at 30years payment terms.

Lets say a php500,000.00 coconut land with a size of 5 hectares,
mga php6000 monthly amortization for 25 years.

[badkuk]

Tama ito, lalo na kung makakakuha ka ng mga forclosed na agricultural
land na maiipasok mo sa pagibig fund at 30years payment terms.

Lets say a php500,000.00 coconut land with a size of 5 hectares,
mga php6000 monthly amortization for 25 years.

nabasa ko dati sa Inquirer...parang me suggestion kasi dun na owners of idle land -- esp agricultural land -- should be taxed. ewan ko kung suggestion lang ba siya, or naisabatas na. Basically the buy and hold strategy may not be feasible once this is in effect

[Noc01]

Hi,

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.

[jrebong0]

You 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)

[alwayz_yummy]

mahirap... lupa nga namin sa panglao, di pa nabibili,e...

[valvura]

+2 cents. we too have a residential lot at the heart of El Nido town, good investment for retirement. hindi pa rin nabibili.

[leonleon]

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?