For Homebuyers: Avoid These Nightmares in Buying a Condo

It is everybody’s dream to have their own condominium. The environment, the lifestyle, and the convenience are one of the things you can experience when you have a condo. Some people will say that if you have a condo, your life will get better. Agree? Perhaps, that is one of the reasons why people are now planning to buy and have one.

There will always be a caveat in buying and choosing a condominium. That is why, whether you’re planning to invest in a condo in Manila or any residential building in the Philippines,  it is important to know and be careful in buying and choosing what’s suits you best. Here are the things that most people had experienced before they own a condo.

Slow processing of documents

Hundreds to thousands of people are buying a condominium every year; it is expected that there are also hundreds to thousands of documents that needs to be processed. Especially when there are a lot of holidays adding up, no work, no processing of documents and more and more documents are piling up. What more would you expect? Well, patience is always a virtue. So, try to enjoy and wait!

Of course, that situation is acceptable and reasonable, you may say. But what if the company you transacted is just way too slow in processing your documents? Wait one month later. One of your documents needs to be reviewed further, wait for another two more weeks. Ugh! I know you hate to wait especially when you already waited long enough.

A friendly advice:

When the company you transacted is way too slow in processing your documents, you have to follow up on the progress of your documents constantly. Do not just wait for their call, because sometimes, they can also forget about it especially when there are also other documents to be processed. And when they do, it will take you more than a month to wait.

Constant follow up on the company may give them a heads-up that your documents need to be processed. And by that, they might make you a priority over the others. Try it, it works! Just don’t be rude.

Scam

This is one of the reasons why we are so afraid of trusting people and companies are especially doing and transacting something with them. We can’t say or pinpoint individuals or companies that are a scam since they persuade and puts up a façade to be more convincing which gets our attention and trust easily. They can also convince you with impressive words and offers you great deals for you to buy their products and accept their offer.

And when we are trapped in their schemes, we feel frustrated and disappointed. Some people do things to the extent where they can just have the refund and bring back what they lost, and other things that can make the situation more hassle and chaotic. As much as possible we want to avoid these things.

A friendly advice:

Before consulting and trusting a company or a person, have a background check. By researching their company background, you will know what kind of company they are. Reading their business reviews or comments will give you an idea whether they are trustworthy enough to help you in choosing and buying a condo.

A little investigation of the company will give you no harm; it is making sure that you are in good hands when you choose and buy a condominium. We all know it is not easy to trust especially when it comes to a lot of money matters.

Hidden add-ons

Most people, if not all, usually avail promos or packages in buying a condominium. It is also one way to save more. The company will give sets of packages that you can choose on. They will also give you the total amount and the breakdown of the payments.

Sometimes when everything is set, later will you know that there will be hidden add-ons that must be paid. Of course, you can’t say no since you already have your full or initial payments.  Situations like this give us headaches and disappointments especially when the budget is tight.

A friendly advice:

When you avail promos or packages, you have to make sure that everything is clear. From the things that are included in the packages to the down payments, there must be a clear and visible written agreement in every transaction.

There is no wrong if you make certain to every transaction that you make. It is just to make sure that there will be no further problems and confusions that will occur later on.

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