Buying Land Or A House

[Dave Hounddriver]

What is the best way to go about this

 

When in the slightest doubt, buy the lot from a high profile developer.  Even they have trouble with land claims but better they handle it than you.  Land ownership disputes are the bane of Philippine development and better to avoid disputes by dealing with a reputable developer.

[Thomas]

Price can be flexible.

Yes. Some sellers RAISE the price when they haven't manage to sell it in a long time  :hystery:

 

But there are bargains.

/Some owners need to sell fast of some reason or get tired of not geting any offer. Except in "hot" areas it's realy buyers market. Perhaps many WANT to buy it, but few have enough money there.

/And there are Foreclosed properties by they have been collateral. Some of them are very cheap. But look up!  It's biger risks there are depts, which DON'T follow the old user, but follow the property when it's sold too! (E g property tax and electric bills.) Plus if you buy a Foreclosed property, other can buy it back within a year for a STATIC price, which is NOT related to what you paid for it.