What are the necessary steps to take in buying your own dream home? How do you start about buying the house you want? Here are some tips and tricks of our trade that you may want to learn to guide and assist you in your property hunt...
STEP
1: PROJECT PRESENTATION
The Agent/Broker
conducts a project presentation to Buyer. This consists of the project
features, inventory, financing options, and other relevant information.
STEP
2: SITE TRIPPING/VISIT
The selected project
is visited by the Buyer together with the Agent/Broker. The Agent/Broker orients the Buyer on the location
of the project and the preferred inventory, the amenities, road networks,
landmarks, and nearby commercial areas.
STEP
3: RESERVATION APPLICATION
The Buyer chooses
his/her desired inventory and fills in the necessary forms. The purchase is
formalized at the sales office that manages the project to be reserved.
STEP
4: MARKETING AND ADMINISTRATIVE BRIEFING
After submission of
the Reservation Agreement and Quotation Sheet, a final briefing will be
conducted by the Marketing Division before the actual purchase is formalized.
STEP
5: SUBMISSION OF REQUIREMENTS
After the briefing and
acceptance of duly filled-in forms, the Buyer is given 30 days to submit the
necessary requirements for the purchase. The property is held under the Buyer’s
name.
STEP
6: MOVE-IN / TURNOVER OF PROPERTY
The property is
delivered on a date specified in the Reservations Agreement. Once constructed,
the Buyer and the Developer conduct a joint inspection of the purchased
property to confirm that all commitments are delivered.
That is all for now. Hope you learned something from this. Thank you for reading my blog and hope i can help you on finding your OWN DREAM HOME...
Lloyd Elvin Calibag
Real Estate Broker
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