6 Simple Ways to Save Money at Home

  With the economy being what it is, people are more conscious about their expenses. The last thing you want to be doing is spending money on things that are not essential. There are simple ways to save money at home, which can cut down your bills significantly. Use energy-efficient appliances If possible, buy energy-efficient appliances such as washing machines and dryers that have lower water and energy consumption levels. These will help save energy and thus money over time because they consume less electricity than their non-efficient counterparts do. Consider replacing your old refrigerator with an energy-efficient refrigerator. You may not be aware of the fact that your fridge is one of the biggest consumers of power in your home. An inefficient refrigerator can use up to 300 kWh per year, which is more than 10% of the total household energy bill. So, it is important to get an efficient one that uses less electricity and saves you money on your electricity bill. Use en

How to Choose the Right Condominium Property in Manila

A growing number of urban professionals and young families are foregoing the expense and drama of buying residential family homes in the suburbs in favor of condominium properties in Manila and other cities in the metro for convenience. This trend has greatly accelerated urbanization; thereby, shooting real estate prices upwards.

What can you afford?

Securing your finances to acquire a new condo unit is just the beginning. The terms of sale might place unexpected demands on your buying decision. Each developer will implement varied payment conditions that need to be negotiated; from the popular zero-down-payment-with-higher-interest methods, to the full-payment-before-settlement process. There are also rent-to-own schemes with large payment balloons at term.

The availability of different payment options is intended to make it easy to sell condos, but have the effect of confusing the genuine buyer willing to close a deal. Giving careful consideration to the lifetime price, including optional extras and building maintenance, is really the only way to ensure you are not signing an unfavorable contract.

Remember that while condos are sold complete with luxurious facilities such as pools, gyms, tennis courts, basement parking, and close access to metro stations and shops, this comes with the obligation to pay ongoing management fees. Usage restrictions and other conditions might also affect your residential experience in your condo, so be sure to read the fine print.

The best advice you can get in this technology-driven age is to be smart and confident about your decisions. Check out Zipmatch, an online property finder in the Philippines, that will help you find your dream home and match you with the right real estate professional. .

Is it strategically located?

That perfect condo you chose could be situated on a major intersection gridlocked during rush hour or noisy for other reasons. Ambulances, police, and fire trucks need to use their sirens, even at 3 A.M. in the morning. Choosing a peaceful and traffic-free neighborhood could work wonders for your sleeping pattern.

With urbanization, old flood plains and swamps have been drained and built on. However, heavy rains during natural depressions attract flood water. If the condominium isn't properly constructed, the basement could fill up with water, or worse, untreated sewage. Earthquakes and other natural disasters in the metro are also issues you need to bear in mind when choosing your location.

Within the building, you might be offered a substantial discount for a condo near the elevator, the rubbish chute, or the building service conduit, which could turn out to be very noisy. It is worth remembering that most of the noise within the building will be at times when most residents are home. Knowing more about the property’s technical details could help you avoid the worst areas and ensure a lifetime of peace and privacy.

Who is the developer?

In legal terminology, the phrase “Let the buyer beware” is apt. Research on the condo developer to learn about their history in the real estate industry. Even the biggest developers do not complete construction on time or even hire subcontractors with shady work practices to save expenses.

It is wise to remember that agents and developers have their own agenda. As such, you have to practice due diligence. Go into every negotiation with your eyes open and make sure your priorities are being addressed. Walk away from a contract that is unfavorable to your needs.

Image via Pixabay.com


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