Thinking of investing or buying real estate here in Davao City? Are you confused which financing option or payment scheme suits you best? Then you have to understand what the available financing options are, compare them, and decide which one is right for you. There are several ways on how a buyer can finance the purchase of a real estate property, namely: spot cash, deferred cash, in-house financing, bank financing, and Pag-ibig financing. This article is going to help you understand what these financing options are.
Keep in mind that there are advantages and disadvantages for each financing option. Before you decide, make sure that you have analyzed your budget and and state of finances. Third parties such as banks and lending institutions will ask for income documents from the borrower to ascertain which term is most suitable.
So, let's start learning more about these financing options.
Paying in Spot Cash
Paying in Deferred Cash
Financing Options: In-house financing
Financing Options: Pag-ibig financing
Financing Options: Bank financing
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