10 things homebuyers should have on their checklist

MANILA, Philippines – When looking for your first or next home, you only want the best. The location, amenities, service and security must be topnotch. But many think that better service and amenities mean higher cost.  (READ: INFOGRAPHIC: Homebuying 101)

Why not go for affordable condominiums that don’t compromise their quality?

When you hear affordable, you may think it won’t meet your standards of a good, livable space. But think again. High or low rise, there’s a condominium to fit everyone’s lifestyle and budget. You don’t have to sell yourself short.

If you’re looking at quality condominiums around the Metro, take some of these things into consideration to make sure you get your money’s worth: 

Few units per floor

Condo living is peaceful as it is less crowded in the hallways, elevators and lobby. There’s less noise and rest assured that amenities aren’t packed. 

Friendly management and good security

Good and affordable condominiums don’t sacrifice safety and hassle-free living. When you are in need of assistance, a good and reliable management should immediately attend to your requests and make sure that you are living comfortably.

Of course, you want your family to be living in a space that is safe. Make sure that the building has 24-hour security and that there are strict rules for guests and visitors. 

Good and accessible location

When you look for a condominium, location and accessibility should be on the top of your list. Is the area prone to floods? Is it an easy commute to work and commercial areas? Is it part of a good community? 

Track record

Looking at the developer’s background will help you decide whether or not the condominium is a good buy. Do some research on the developer’s track record, talk to licensed real estate agents to be sure, and ask those who live in their other developments, if any, so that you have an idea on the living situation. 

Sensible amenities

Get your money’s worth by making sure that the property’s amenities meet your needs and are of good quality. You are, after all, paying maintenance fees for their upkeep.

Swimming pool, function rooms and play area are some of the basic amenities you should have to keep the family busy on a lazy weekend.

Emergency power

To make condo living more convenient, a backup power supply should be available to all units and common areas. Don’t let blackouts make you miss your favorite TV show or stop you from working. 

Lots of natural light and fresh air

Living in a condominium might make you feel that you are boxed in. Find a unit with a well-planned layout and windows that allow fresh air and natural light to come in. A good view also helps.

Easy payment terms

When buying or renting out a condominium, you should consider the payment terms. Speaking with a licensed real estate agent or the developer’s sales person will help you get the best offer and the most convenient payment terms that fit your financial plan. (READ: Easy financing schemes for homebuyers)

Rooms with good layout 

Check out open houses so that you can gauge whether or not the layout of the unit you’re getting suits you. May it be a studio, a one- or 3-bedroom unit, make sure that the layout gives you enough space. It’s not always possible to renovate your unit because this entails more time and money. So before you move in, make sure you are comfortable with the space. You can even seek advise from professionals if you’re having a difficult time deciding.  

Good building condition

It’s important to check if the building is still functioning well to make sure that you’re moving in a building that is safe for you and your family.

This should also include the upkeep and maintenance of the development to ensure your unit’s value appreciation over time.

Affordable housing need not be of poor quality. These days, there a number of reputable developers who have condominiums that are reasonably priced, but are a good deal. So if you are looking for a quality development to meet your needs and are ready to purchase or rent out a new home, do some research and don’t forget to add these items to your checklist of things to consider. – Rappler.com