Homing in on a good buy
- Location, Location, Location, Tips -
By Charles E. Buban
Inquirer
MANILA, Philippines–Buying a house is one of life’s most exciting decisions. And though it may seem complicated—or even scary—it is quite a simple and easy process as long as you take it one step at a time.
The first thing a homebuyer should ask: What type of housing unit should I buy?
Phinma president and CEO Willie Uy suggests that homebuyers first determine if they prefer a single family home, which means the ownership includes the house and extends to the limits of the property lines; a townhouse wherein the ownership includes the lot on which the house sits as well as the entire structure, or a condominium, where ownership is limited to a single unit and a shared interest in all of the common areas, like the swimming pool or the gym, for example.
