things you can do in buying real estate property in Baguio city
If it's beautiful, laidback urban lifestyle with a small-town feel that you're after, there's probably no other city that can compare to the Summer Capital of the Philippines.
So, read on and let this be your guide in finding the best condominium in Baguio city and house and lot subdivision in Baguio City.
Try Living in the City for a Month or Two
Any new place can have an attractive appeal to it that easily wears off the longer you stay. So, before you rush into buying a property in the pine city, try living in here for not less than a month and see if the lifestyle suits you.
Doing so will not only help you determine whether or not Baguio is for you, but will also help you pinpoint the best neighborhoods as well as the location of the best condominium in Baguio city and house and lot subdivision in Baguio City.
Find a Reputable Real Estate Broker
Property agents are everywhere in the Philippines, but not many of them are licensed or knowledgeable about property law or the code of conduct governing the real estate sector. So, do your homework and find a registered property broker, especially one who specializes in condominium in Baguio city and house and lot subdivision in Baguio City.
There are many brokers online; list down at least two potentials for comparison. Remember, this is one of the biggest investments you'll ever make, so you better not be lazy. To weed out the bad agents from the good ones, make sure to:
- Talk with their most recent clients to check their performance. You can ask for a list of the properties they have listed and sold in the past year with contact information of their clients.
- Look up their licensing and find out if there have been any disciplinary actions or complaints.
- Research how long they have been in business. You are looking for an agent who is actively involved in your chosen area and have strong market presence.
Check the Water Supply in Your Chosen Area
Here's what real estate may not directly tell you, water supply is problematic in many areas of the city, particularly in highly urbanized areas. So, as much as possible, choose a condominium and house and lot subdivision in Baguio City with independent or alternative water supply, such as a deep well.
The city has a long way to go in improving its water management. As of writing, it is still conducting a feasibility study of bulk water supply system.
Hire a Lawyer
Here's the thing, real estate agents usually work for sellers and lessors. No matter how much they make you feel like they are "your" agent, they are more actually interested in making a sale. So, get an expert on your side. Hire a lawyer who can give you advice on property laws and who can review your contracts to ensure legal and legitimate transfer of titles, and so on. A lawyer can help you ensure that your acquisition of a condominium in Baguio city and house and lot subdivision in Baguio City go smoothly with any problem.