5 Things to Consider When Buying A House in the Philippines

Buying a house is one of our priorities as a new couple. For us having our haven means comfort and security. 

Buying a house is not easy as it may seem and, some things need to be considered. 

  1. Location

With traffic and safety issues going on, location is our top priority when choosing a house. 

An ideal house that we have in mind is near our workplace and accessible to the hospital, schools, market, malls, and police station. 

The price of that property might be high, but it can cut down our transportation budget in the long run. 

Living near the hospital and police station also provides us security, especially during emergency cases.


  1. The reputation of the land developer 

When buying a house, we invest our hard-earned money with it. Doing so means we need to check everything about the property including the land developer to avoid putting our money into the drain. 

A credible land developer maintains their standing. That is why they are keen on every project that they make. They executed timely and deliver what they promise to their clients. They ensure the quality of the real estate, from the material and design aesthetics. They also provide a comfortable and lavish lifestyle to clients. Most of these developers include security, clubhouses, internal access roads, fitness center, and playgrounds.

Transacting with a reputable developer also means fewer chances of encountering fraudulent activities and scams.

  1. Budget

Budget is another major thing that we consider in buying a house. As a new couple, we need to make sure we can afford the monthly mortgage fees if we choose bank finance and yearly real property tax, association fees, and property insurance.

To make sure that we can pay the property, we need to secure our income and compute these fees accurately.

Tip: If you are not good at computing like us, there are online real estate calculators that you can use.

  1. Bank Financing or Pag-IBIG Housing Loan 

If we plan to mortgage the property, we have two options to consider, bank financing and Pag-IBIG Housing Loan.

The two might seem the same, but they have different requirements, loan amount, terms, and interest.

Pag-IBIG Housing Loan has few restrictions and requirements for applicants compared with bank financing. Banks conduct background checks and require to submit supporting documents.

The maximum loanable amount for the Pag-IBIG Housing loan is up to P6,000,000 or 80% of the total accumulated value (TAV). Bank financing varies. It may be the exact amount or 70-80% of the appraised property value.

For interest rates, banks offer low-interest rates with a fixed rate for about 1 to 5 years. Pag-IBIG Housing Loan, on the other hand, offers fixed pricing for up to 30 years.

  1. Property Title

Lastly, when buying a house, we also need to make sure that the property title is authentic and clean.

To do that, we need to make sure to check the following:

  1. Check the quality of the paper used

Forms used in property titles are printed by the Banko Sentral ng Pilipinas and have a similar texture to a bank check. 

Tip: Held the title against light, if you can see the Land Registration Association watermark through the paper that title is authentic.

  1. Verify the real state agent or seller's identity

With the rising fraudulent issues in the real state industry, it is a must to check the background of the agent or seller. To do so, we can contract the developer to know if the agent is registered to them.

If the seller and house are not associated with a developer, we need to check if the seller owns the property. If the property title shows that the owner is his parent, we need to be assured that all of his family members agree to sell the property.

  1.  Double-check the description of the property on the title

We need to make sure that the description of land area specified in the property title matches the actual land area when surveyed.

  1. Check if the real property tax is updated.

To be sure that the seller's property tax is updated, we can check the former at the Assessor’s Office of the municipality where the property is situated.

If it is not updated, the seller needs to update the payment and make a notarized agreement that he will do so.

Buying a house needs to do a lot of leg work and research. Until now, we are still searching for a property to buy. Hopefully, this year amidst the pandemic, we can find one. If we do, we will share our experience with you!

Post a Comment


  1. rowenacallovillarenoApril 9, 2021 at 7:52 AM

    Thank you for sharing information about things to consider when buying a house po. Big help po ito sa mga may gusto and may planong bumili kagaya ko. Dapat talaga aware sila sa location hirap pa naman pag sa ma traffic na lugar at higit sa lahat sa property title para iwas scam.

  2. Thankyou for this po.. Very impormative... Perfect din po ito sa mga may planong bumili ng bahay.. Kami po nag hahanap po talaga kami ng bahay. Talagang malaking tulong po ito para sa amin. Worth it po talaga ang pag babasa ko..

  3. Very helpful po tong list nyo. Yan po ang naging problem ng kapatid ko, ang daming problem nung nabili nyang property. I'll take note of these for future reference.

  4. […] a house to purchase is not easy. We need to consider things ( check our article 5 Things to Consider When Buying A House in the Philippines) and do some leg work. It even became challenging because of the pandemic and the travel […]

  5. Apple Joy CamañeroApril 20, 2021 at 3:36 PM

    Yes tama po . Ung location , mas okay tlga ung malapit sa work school mall etc. Para d ganun ka hussle . Lahat po ng list tlga very helpful lalo na ung property title kse un tlga ang pinaka importante lahat . Laking tulong nito sa mga ngbabalak bumili ng bahay 🤗❤️ thank you for sharing po .

  6. Thankyou for sharing this po.. Yess po kami po ng asawa ko nag paplano po talaga kami na kumuha ng bahay. Kapag pinag uusapan po namin. Gusto talaga namin kapag kukuha kami ng bahay yung malapit sa aming lugar ng trabaho at maa-access sa ospital, mga paaralan, merkado, mall, at istasyon ng pulisya. Agree po ako, dahil kahit mataas man ang bahay laking tipid naman ito sa transportation talagang mababawasan ito sa budget. At makakatipid pa talaga tayo Dito.. At maganda rin talaga kapag malapit ka sa hospital at police station para kapag may emergency man makaka punta ka agad.. Isa din po ito sa Pinaka importante sa lahat ang Property Title.. Mas mabuti talagang suriin muna natin para sa bandang huli hindi tayo magkaroon ng problema.. Halos lahat po nito napakalaking tulong. Magagamit din po ito sa mga may balak magkaroon ng sariling bahay..