Are you considering buying your first home? These days, buyers have the option of either getting a pre-selling home or one that’s already ready-for-occupancy (RFO). This is one of the top things homebuyers need to consider aside from location and price. And while both have advantages, homebuyers must carefully weigh which option makes more sense based on their needs and finances.
Let’s look at some of the top reasons why buying a ready-for-occupancy home can work for you:
1. The unit can be inspected before purchase
The most important advantage of a ready-for-occupancy home is that it can be inspected before buying it - what you see is what you get. This allows you to see the condition of the home, as well as address any issues before moving in.
2. Special discounts - Especially for cash buyers
Cash buyers usually get special discounts on the asking price of their home because they have no amortization payments or other loan-related expenses that are usually attached with pre-selling homes.
3. No more waiting time
You get the home of your dreams, but you don't have to wait for a long time to be able to live in it. Just make sure you choose a home that has move-in ready finishings so you don’t have to renovate the interiors before moving in.
4. Passive income-ready (for investment properties)
You can start earning right away from your property if you rent it out, allowing you to recoup your investment faster. The best case scenario is having a self-liquidating property - meaning, the income you generate from your property through rental income already covers your expenses (such as loan payments, maintenance costs, etc). You can also use the cash flow from your rental property to help you buy more houses. If you own several properties, this could be an important way to build wealth over the long term.
If you are more keen on the benefits mentioned above, a ready-for-occupancy home - whether to live in or as an investment - may be the best option for you. But don’t just choose any RFO home available on the market, make sure to have a discerning eye and check out the best property for your budget and requirements.
If you’re interested in an RFO home in the Antipolo area, there’s a property that offers relaxing mountainside living but is still within the city. Nestled between the foothills of Sierra Madre and the bustling metro East, La Grandeza Antipolo is where comfortable meets convenient living. Discover a private enclave of Mediterranean-inspired homes and recreational amenities - all just 5 minutes away from the nearest LRT-2 station.
The best part - you may be able to own your La Grandeza home with up to 300K off plus free TV and landscaping at the Grand Open House on Sunday, December 4, 2022. This one-of-a-kind deal is only available at the said event for interested buyers. To pre-register, contact us at 09178179522 or send us a direct message at m.me/plushomesph
