Want to Buy a House and Lot and Other Property in Baguio City? 5 Easy Steps
A recent survey shows that many people in Philippines would like to have a house and lot or a condominium unit in Baguio City where they can stay and relax, away from the noisy and polluted streets in cities, and at the same become one of their investments.
But why do you think they love to stay in Baguio?
Well, other than the fact that it is the Summer Capital of the country, more and more people, both natives and foreigners, are choosing Baguio because of its rich cultural heritage, natural wonders, laidback communities, affordable and quality housing, urban and rural lifestyle combination, and of course, cool crisp climate compared to the other cities and municipalities all over the Philippines. So, no wonder why you are also looking forward to live there.
If you are planning to buy a house and lot for sale in Baguio City, a condo unit, apartment, and other residential real property, you can refer to these 5 major steps:
First, look for a real estate agent.
To emphasize though, don’t just look for a broker, but search for a professional, licensed, and highly experienced real estate agent in Baguio City. Understand that just like any other areas in the country, the buying and selling of real estate in Baguio is subject to existing property laws. Now, if you want to make sure that the whole process is valid and legal, find a broker who has a good grasp about the Philippines property rules and regulations. Most of them are actually those with previous experiences in Baguio’s real estate sector. Highly recommended are the expert agents from Passion Magnet Marketing Realty, Incorporated.
Second, stay at your chosen area for a short period.
Being in the place is totally different than looking at it on the internet. Although you can always trust your broker concerning the quality of living in the community where the condominium for sale in Baguio City or other property can be found, it is best to have a first-hand experience for a better, well-informed buying decision. So, it is highly recommended that you stay there for a week or month. See whether or not the lifestyle suits you. Explore all your options, compare places, and mingle with the people beforehand.
Third, finish your homework.
Before you commit to a purchase, make sure that you have thoroughly researched about the place. Ask advice from friends and the locals, read relevant magazines and news, and check out the academic institutions, government facilities, and modes of transport, existing businesses, and career opportunities there.
Fourth, make sure there’s good supply of water.
When looking for an apartment for sale in Baguio City or other real estate investment, it is extremely necessary that you check the water source or supply in the area. Water is actually gold in the city. Because of its topography, clean water is hard to find. But some properties have independent supplier of water.
Fifth, get a property lawyer.
Although your real estate agent can give you a comprehensive explanation of any legality that can be found in housing contracts, property lawyers can go beyond and are experts in identifying inconsistencies and others.
All the best in your real estate investment!