Wednesday, February 9, 2011

3 basic considerations in buying a house

We started talking about some search criteria.  Here they are:

1. Our rule of thumb for location is dependent on distance from our families: not too close and not too far.  You see almost all our relatives live in the same community so it´s basically one reference point.  The location should not be within walking distance but also should not take more than a 15-minute drive.  Anyone who is married long enough will understand this.  :)  So our options were properties in San Pedro, Binan, Sta. Rosa and Carmona.

2. Accessibility.  My husband and I both have jobs far from where we are living right now.  Our new home should not add more travel time and expenses.  We also had to consider access to good schools and hospitals.

3. Price. We first took a ballpark figure for how much we can dream of spending to buy and house and how to get the money.  Something between 2-3 million for starters.  We wanted a 3-bedroom two-storey house with two toilet-and-bath rooms. I also made a list of our monthly expenses and started looking at where we can get more savings.  I also started thinking about other ways to earn more money.  Like blogging :)

Here is one extra consideration that, much as we hate to admit it, has become very important to us: INTERNET ACCESS.  Not just internet access but fast internet access.

Who would've thought that this would be difficult?

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