security

December 20, 2014July 14, 2015

Bank Financing Housing Loan Made Easy – INFOGRAPHICS

If you are looking for a townhouse for sale and considering a bank financing housing loan for you to buy, these are the two main questions you have to think about.

Townhouse for Sale, Housing Loan Made Easy

Housing Loan accredited banks of Al-Khor Townhomes San Juan

Get in touch with us by following us on our facebook page at: https://www.facebook.com/alkhortownhomessanjuan
We are happy to welcome you for a free visit to our model units. The townhouse units are located at:
201 General San Luis St. San Juan City, Metro Manila, Philippines
Phone: (02) 343 8027 / (0922) 813 4881
eMail: info@localhost/alkhortownhomes

in Family, Financial Posted by Al-Khor Townhomes

November 30, 2014November 30, 2014

What to Consider When Buying a Townhouse in Manila

Before you decide to buy a townhouse in Manila, spend some time considering all your options along with the location, is it in a good neighborhood, is it a good place to raise children, is it within walking distance to the amenities that are important to you? Make a list of the factors that are important to you and your family if applicable, including your price range. Once you have a good idea what you’re looking for when it comes to a townhouse in San Juan or vicinity, you should consider the following.

Take a professional approach to buying a townhouse in Manila

Established Developers and experienced real estate broker
If you’re considering buying a townhouse, it’s important to look for the ones that are backed by established developers and work with a professional, experienced real estate broker. This is especially the case when it comes to pre-selling or off plan options.

How much are the monthly dues?

Townhouse Monthly Dues
Townhouses and condominiums typically charge their residence monthly HOA dues that are in place to cover services that include building maintenance, security, garbage disposal, miscellaneous common area expenses, etc.

Townhouse rules

Townhouse Rules
Most townhouses implement “house” rules that residents must adhere to which include things like how many people can live in one townhouse, proper attire, rules on smoking, drinking and eating. Rules can vary per townhouse development so you should find out what they are in order to ensure that they’ll suit your lifestyle.

Make sure that the seller’s Transfer Certificate of Title is legitimate

Transfer Certificate Title
The best way to confirm that the property title of the townhouse you’re considering purchasing is authentic is by contacting the Register of Deeds (typically found in the city hall for the community the townhouse is in) to get a certified true copy of the title. You’ll need the name of the owner and title number to get a certified true copy and you can save yourself some time if the seller can provide you with this information. In addition, make sure that the townhouse referred to on the title is actually the townhouse you’re interested in buying, matching the description perfectly.

Verify that title is free and clear

Verify the title of a townhouse
You can verify that the title is free and clear by looking at the section called “Encumbrances”. If this section of the title doesn’t have anything in it, the title should be clean (don’t always rely on the “technical” description on the front of the title). Also, make sure that the taxes are paid. Ask for a copy of the Tax Declaration and Tax Receipts to confirm that all applicable real estate tax payments are up to date.

Make sure that the sellers are the real owners

real owners selling a house
If you are buying from an individual property owner, be sure to ask for identification papers like a driver’s license and passport. It’s also a good idea to chat with the neighbors to affirm the identity of the sellers and it couldn’t hurt to ask them a few questions about the area while you’re at it.

Anything you might want to add to the consideration we have indicated above? Then, we would love to hear from you. Give us your thoughts in the comment box below

in Financial, Security Posted by Al-Khor Townhomes

September 1, 2014September 2, 2014

Cost of Renting vs Buying a House

As you were browsing your social media account, an advertisement about a townhouse might have captured your attention: “house for sale in the Manila Philippines“. All of a sudden you were people have a tendency to fear the fact of acquiring a property investment.

Which is better for you? Rent vs buy? House is one of the most basic necessity which. One might compare the monetary value of renting versus purchasing a house. A House for sale may be something you desire to land on; however, most people does not have sufficient capital to purchase an entire house with their own cash savings.

For this reason most people are stuck thinking about this question.

Let’s take an in-depth look on certain factors of this comparison.

COMPUTE SOME NUMBERS

Think of this for a moment; Which option will save those extra cash you set aside?
There is always this argument about which one is more cost-effective. Some would suppose it’s more practical to rent a home; buying an affordable house is wiser according to most people. It constantly gets down by the numbers and then try to balance your finance in a long term perspective.

– Why not try to add up the amount that you have to compensate for an entire year renting an apartment. The sum of the extra charges attached to the monthly rent such as parking fees and utility fees.
– Now multiply these numbers in a span of at least five years.
– Then find a house within the same vicinity which would have the same lot area that you’re renting. Note the amount of the contract price of your target property.
– Tally the cost of repair, taxes and mortgage up in a five year term that you can see the comparison between the two.

Al-Khor Townhomes San Juan understands that you are planning in advance, which is why we would wish you to punch in those numbers. You’ll have an estimate how much you’ll be spending within that time frame. It would be better to have the computation set for ten (10) years, that way you can see the bigger picture in hand.

Renting a house has got nothing tangible to show for besides the accumulated receipts and the next pending bill. It is then considered a wise move to buy a property rather than to rent.

DEAD MONEY VERSUS A GOOD INVESTMENT

At the present time, the biggest factor of our comparison is the expenditure of purchasing.

Try to analyze, since this would rely on the condition of the Philippine real estate. In some instances that the price is on the down trend, then renting may be to the advantage.

When the price of the real state goes up, then renting can be projected as dead money. An example to this is when the contract price of a property, the maintenance and along with the mortgage is less compared to expenditure of the monthly rent for a number of years, then it’s wise that you consider purchasing a home.

The premium on buying a house these days maybe large; it is still a general saying that buying a home is still a“good investment.” In any case, you’re not “throwing away your money.”

We at Al-Khor Townhomes San Juan recognize that you want to obtain a property investment since you would love to build your wealth and assure a secure a retirement in terms of real estate investing. Having read that, we made it sure our series of luxury townhouse in San Juan are affordable homes you can acquire.

As you have to think whether it is a good time to buy a property investment, put this in mind: You’re going to eventually do it anyway. If not now then when will you start?

LANDLORDS LORDING OVER YOU

Monopoly is born since you’re not given a choice; we can provide you a better choice.

Think about the charges you don’t have any control over. Aside from the monthly dues of renting, you are also dictated by those extra charges. Most landlords based it on the overall consumption of all the tenants along with those added utility bills and you’re not even sure where the rest of it came from.

We at Al-Khor Townhomes San Juan recognize as well that you felt like paying your monthly rent is like throwing money away. Which is why we made it possible for you to realize that the price of purchasing a house is more economical to maintain compared to your rent; we offer a variety of affordable townhouses which can reduce the cost in a long run.

Be mindful that as you continuously pay for the mortgage, you also gradually get closer to owning that property. In doing so, you’ll be free from a landlords’ dictatorship.

Cost is a factor no more. Do you feel like your eternally paying up monthly rents? We would love to hear how you weigh the cost between your rent and your prospective dream house.

in Financial, Security Posted by Al-Khor Townhomes

High Townhouse Location is a MUST after Ondoy

April 22, 2014May 24, 2014

Why Living in High Location Townhouse a MUST After Typhoon Ondoy & Yolanda

What to consider when buying a house after the learning the effects of typhoon Ondoy or Yolanda? Philippines is a country that is no stranger to typhoons and it’s after effects. A prominent example was the typhoon Ondoy (which is internationally known as Ketsana) and Typhoon Yolanda (also known as Typhoon Haiyan) were considered as the second most devastating tropical cyclone in 2009. Below are some of the after effects we were able categorize.

1. TRAGEDY UNFOLDS ON YOUR DREAM HOUSE

Thousands have lost their homes. Most property investments were destroyed during that calamity. The after effects are truly alarming since affected cities we were left with high flood waters for days. Those are times that there were no rays of sunlight as you witness things you bought either submerged or floating from high waters.

2. EFFECTS ON YOUR PROPERTY INVESTMENTS

Home insurance is not exactly something that Filipinos are much inclined to. Property investment drops its value and some would either be unusable or would need heavy maintenance. There are several situations that they were not able to bounce back as quickly as possible as the flood water did not only wreck allot of properties but also ruin the business industry. Reservoirs were not properly drained which allowed rapid water storage all over Metro Manila.

3. HEALTH TREAT AROUND US

As a result, people are at risk enduring the unsanitary circumstances of exposure to the unhealthy environment with the dirty flood waters all around. Aside from saving endangered lives that are either drowning or trapped, on-going effort for months was done by agencies such as Red Cross and the Philippine Aid Society as they responded by providing disaster relief items and medical services.

4. SHORTAGE OF OPTIONS IN LOW LEVEL AREAS

Some would have no choice but to linger in high levels of water just to buy some of their daily commodities. Scarcity of getting nourishments such as drinking water and consumable items are hard to get to as it’s hard to move from one place to another. For sure you won’t be able to call for any delivery service.

WHAT HAPPENS AFTER THE AFTER EFFECTS OF TYPHOONS?

Triggered by the alarming situation we wanted to assure that some of this difficult and unpleasant situation will be avoided. We can’t stop the rain. We can’t guarantee that it will not flood in the metropolis. We do not have a magic wand or a genie in the bottle that we can just wish the calamity to stop.
The government and several private sectors have been all out trying to accumulate funds that they may allocate for them to set up the necessary arrangement to solve the situation. However, we can make a lasting impact by making sure that you will never have to either drift or stroll in the high and unpleasant flood anymore.

Thus the so called “bayanihan” was reborn in the modern times.

Al-Khor Townhomes San Juan is of course mindful of this tragic event which is why we are acting on this matter in our very own way of helping out. Doing our part, we are making sure that the property we are introducing is free from such worries. For a first time home buyer, we were able to evaluate things to consider when buying a house.

1. Height Is Might: Our Company has developed a townhouse in San Juan. Townhouse for sale! Assured to be flood free not because we built these townhouses as a multi level unit, but because the venue itself is located on great place. You don’t even have to worry about drainage. Our projects were built on a much higher ground compared to the surrounding areas. The road towards the site set on a rising slope from the main roads nearby. There were no instances of flood water accumulating on this side of the municipality.

2. Prevention is Better Than Cure: We knew that it’s better to avoid sickness and illness rather than trying to recover from it. For the same reason, we at Al-Khor have considered the nearby hospitals around our vicinity. We foresee your needs for emergency which is why we tried to look around areas which will have this accessibility.

3. We’ve Built A Foundation: This canny and elegant project was also raised on an adobe structured ground which is extremely durable. The ground is so sturdy that the developers of this townhouse were delayed just so that they can dig through solid adobe ground. Knowing this makes the vicinity by far an ideal construction site for this affordable house.

4. Don’t Loiter Around: Our Company was able to figure that you would need easy access to your daily commodities. Having high waters all over the metropolis is going to be hard to move around. Analyzing this, we placed our vicinity in the core of a community with available consumable and necessary items that you don’t have to linger around looking for something you would need.

What to consider when buying a house? What to look for when buying a house?
We’ll appreciate your thoughts by leaving your comments below about some further things we can consider so that none of us we’ll be trapped in these situations ever again.

in Community, Security Posted by Al-Khor Townhomes