Benefits of Buying a New Home in the Philippines

Compared to buying almost anything else, buying a home isn’t as easy a decision to make. Personal property purchases often entail both the spending of life savings and the use of a property loan that affects future finances, so it is not surprising if one goes through plenty of thinking and planning and seeks the advice of friends, family, co-workers, and one or more real estate professionals before making the jump.

Trying to be as thorough as possible throughout the real estate process is normal, and actually quite important. The better you are informed about the home you want to buy, and about real estate in general, the less daunting making a property purchase becomes. But there’s also a difference between actually working towards buying a new home in the Philippines or anywhere else, and simply delaying it, and the following are reasons to stop doing the latter and finally make owning a new home a reality.

The pride of homeownership

If you happen to be buying a home for the first time, the pride of homeownership is the most immediate benefit you’ll enjoy when you finally push through with your purchase. Think of being able to paint the walls whichever color you’d like, attaching permanent fixtures, and, in the case of houses and lots, own a pet or two to live with.

In this era where we now work at home just as much as we rest and relax at home, living in a place set-up exactly towards your liking is as important as ever. And, while no one can be certain as to what the immediate future holds, pandemic or not, homeownership also gives you and your family a sense of stability and security. It’s an investment in your future and is equity that will grow as you spend more time in your home.

A new home is an investment that will appreciate, whether you buy it or not

Speaking of investments, a new home-whether you actually live in it or not-is considerably one of the most reliable stakes to buy into. Although real estate values still change, the worth of property has for the most part generally appreciated.

Taking into consideration how property prices have slightly dropped and home loan terms that have been made to be more flexible amidst the ongoing Covid-19 pandemic, and now is arguably the best time to finally buy a new home. Many real estate experts predict property prices will not be as low when the crisis is finally resolved, meaning the home you buy now will be worth substantially more in the future, which of course also means harder to buy if postponed until then.

It is actually a good time to relocate

There is a certain seasonality to real estate, in the sense that homes for sale in the Philippines-or most other places for that matter-are most in-demand during transitional periods in the year. Pre-pandemic, this was often during the end of an old year or at the beginning of a new one, typically coinciding with how many professionals leave old jobs for new jobs; other times were during the summer or school break, when disrupting kids’ academic year during relocation could be avoided.

However, in this time of stay-at-home protocols where a lot of work is done at home and school is attended digitally, moving to a new home in even a new city will not be as big a transition. Granted, the work related to the actual move still has to be done but, for the moment at least, little adjustments are required in terms of going to the office or going to school since these are already being attended digitally.

The process of finding and buying a home is easier than ever

The digitization of business transactions is not a new concept, and if anything has become more relied upon as movement and travel have been restricted. However, when it comes to real estate, most other platforms only list properties to buy or rent, but do not offer solutions in completing the acquisition of property.

That is before there was Ohmyhome. Powered by advanced technology complemented by a team dedicated to providing exceptional service, Ohmyhome offers a complete line-up of solutions that covers a housing journey from start to finish. Along with free property listing and search on an official website and mobile app, these also include in-house real estate professionals that can provide reliable/trustworthy service, an in-house renovation team, cross-border transaction services, and property management and relocation services.

So whether you want to buy a new home for sale in the Philippines by yourself and through the convenience of your smartphone, or to enlist the assistance of a reliable real estate agent that will always have your best interests in mind as you search and buy property, you can look to Ohmyhome to successfully complete the journey this 2021. It’s that easy.

For more information, please visit Ohmyhome online or download the Ohmyhome app.

Ohmyhome was launched in the Philippines in September 2020, following the company’s establishment of a tech team in the country in 2017. Ohmyhome was originally founded in 2016, and subsequently rose in Singapore as a leading PropTech solution and licensed real estate agency.

Ohmyhome expanded into the Philippines so that Filipino home seekers can have a real estate partner that they can trust to have their best interests at heart and can be relied upon to provide exceptional services throughout the entire property journey.
Featuring thousands of properties across many of the Philippines’ major real estate brands, Ohmyhome differs from other local platforms by going the extra mile and extensively helping buyers narrow down the choices and find the property that best suits their budgets, home needs, and lifestyle preferences.

The company’s Real Estate Agents not only help in the shortlisting of options but also provide professional services through the entire purchasing process. These include assistance in property inspections, negotiations, the finalization of the Conditions of Sale, deposit collection, the submission of property documents, as well as providing buyers regular updates.

Ohmyhome helps Filipinos find their dream homes, all while making sure each real estate transaction is complete and is an efficient and enjoyable experience.