What makes a good buy? | Inquirer Business

What makes a good buy?

12:00 PM December 09, 2017

Generally, this is a purchase that gives a certain sense of satisfaction to the consumer, serves a specific purpose, and offers maximum returns. As with any other product, the same criteria can usually be applied to real estate projects.

Sea of options
Today, however, the market is flooded with countless offerings, all presenting themselves as the best option. While the wide array of choices offers an advantage to the buyers, it can also cause unwanted confusion. Thus, it is crucial for buyers first to keep a tab of the things that he or she considers as important before creating a shortlist of choices and then reviewing the product thoroughly. After all, major investments shouldn’t be made in a rush—a careful and comprehensive study of the targeted product is in fact often advised. Customers must learn to become discerning of their choices and not be swayed by false advertisement. While you have the usual criteria of amenities and location, here are some of the other indicators you should look for when buying a property.

Flexible payment terms
Flexible payment terms make an intended purchase more irresistible and enticing. Transactions are often made easier when buyers are given the option to choose from many payment schemes as this will allow one to avail of a product depending on his or her capacity and need. A flexible payment scheme can open opportunities for individuals looking to make a sound investment but could not immediately afford to pay the product in full. And while such schemes vary, the payments to be made by the investor will always remain sufficient to pay off the product eventually.

By offering flexible payment schemes, barriers are broken and deals are sealed.

Zero reservation fee
Reservation fee is the amount that has to be paid to gain exclusive right to purchase or hold a product for an interested buyer. Currently, the rule of requiring reservation fees still apply to many transactions.

Thus, when you find one product or possible investment that requires no such fee, you may want to include it in your portfolio of possible purchases. Having no reservation fee is like sparing yourself from the perils of an upfront payment even before the goods are delivered and enjoyed.

Discounts
Discounts are often the best deal breakers. Many contracts are signed because buyers feel that they get the most out of their hard earned money with the discounts given by the seller.

Buyers often see discounts as a sign that they are given importance and being accorded a good deal. In fact, it is common practice among buyers to ask for discounts before making a purchase, and once such a request is accommodated, a closed deal is almost usually guaranteed.

Given the options now available in the market all promising to deliver the best value, it is crucial for any seller to create discount packages and other similar promos that could genuinely entice and benefit the buyer.

Hence, it pays to find a product that does not only offer high quality but also provides the best price and offers the most reasonable discount.

Low downpayment
A hefty downpayment requirement may turn off any possible first-time buyer or investor. As such, it is practical for businesses to consider offering low downpayment promos as this could help them capture an even bigger market share. People nowadays go for products that allow them leverage their cash while already enjoying their purchase. Businesses that will enable buyers to work on minimal cash outlay have long enjoyed the benefit of such a scheme.

Moreover, a low downpayment scheme will not require one to fork a huge amount or give away his or her entire savings just to make that purchase.

Well thought out ‘Handog’
Proving to be a good buy is the different projects by trusted property developer Empire East Land Holdings, Inc.

A longtime partner of many Filipinos in realizing their dream, Empire East has in its portfolio home developments that continue to make a difference in many people’s lives. A known innovator and a pioneering developer, the company had delivered various developments that continue to uplift the lives of many hardworking Filipinos.

Through its various and well thought out offerings, Empire East has been the preferred choice of the informed buyer. Currently, it offers transit-oriented developments and resort-inspired projects that make the lives of its residents truly convenient and enviable.

This Christmas, Empire East is again taking the business of building home a notch higher as it celebrates with the Filipinos the joy that the season brings.

Through its Handog campaign, Empire East hopes to strengthen further its commitment to provide Filipinos, especially those working abroad, a conducive place to raise a child, start a family, fulfill an ambition, and rekindle ties.

With the Handog ng Empire East exclusive offers, homebuyers can look forward to more discounts and promos that could make their dream of having a home to call their reality.

To know more, you may call 810- 3333 or e- mail inquiry@empire- east.com. For other properties by Empire East, visit www.empire- east.com or follow @empireeast on Facebook, Twitter, and Instagram.

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TAGS: Empire East Land Holdings, flexible payment terms

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