Purchasing a condominium unit during its launching or pre-selling phase offers significant advantages for buyers. Developers often provide introductory offers during this period, making it an opportune time to invest. Here are key benefits:
Lower Prices & Flexible Payment Options:
Introductory Discounts: Take advantage of lower prices compared to units sold after launching or when ready for occupancy (RFO).
Flexible Financing: Benefit from potentially lower down payments and extended payment periods.
High Appreciation Potential:
Value Growth: Pre-selling condos typically increase in value as construction progresses and demand for the development grows.
Early Equity: Your investment can appreciate even before you move in, building equity from day one.
Wider Unit Selection:
Prime Choices: Secure your preferred unit type and location within the development, especially important in high-demand areas where the best units are quickly reserved.
Investment Opportunities:
Resale or Rental Income: Lower initial prices can lead to higher potential profits if you choose to resell or rent out the unit after completion.
Developer Incentives:
Launch Promos: Some developers offer special promotions, free upgrades, or other incentives to early buyers during the launch period.
Is a graduate of Bachelor of Science in Electronics and Communications Engineering (BSECE) from Cagayan de Oro College – Phinma Education Network. He is also a licensed ECE. He used to assist her wife, Marivic N. Boniel, in some of her real estate dealings while having his business in line with telecoms and technology. Influenced by her, he ventured in real estate as Salesperson in 2011. After discovering his passion in real estate career, he took the Real Estate Brokerage Exam conducted by PRC in March 2014 and successfully got his license. Last Sept. 15, 2017, he successfully took the Real Estate Appraisers examination conducted by Professional Regulatory Commission (PRC).
The numbers of scam victims fall for fake Land Titles continuous to increase nowadays despite the government's effort to fight against scammers. Having a proper knowledge in checking the characteristics of a land title could be your first line of defense to learn if you’re dealing with them.
A housing loan is financing option utilized for the purchase of a vacant lot, a house and lot, a townhouse unit, an apartment, or a condominium unit, or for funding a house construction or renovation.