For Future Investment

       Less than a week ago, a friend of mine told me of some residential lots for sale in a subdivision located in Klinan 5, Barangay Mabuhay. What made me very interested and eager to get one was the price which is very affordable. This is how affordable it is  - 42 thousand pesos for every 120 square meters of lot. Add 15 thousand pesos for the processng of title. Put a 5 thousand deposit, sign the contract to sell, take the payment receipt and wholah!!!- you are off to go and start your monthly amortization the month after for 3 year....yes, you heard me right, for three years, isn;t that very easy and affordable? I thought so too.  The 15 thousand processing fee was equally distributed into ten months which is added to your monthy amortization, so expect that your due for the first ten months will be a little higher - but sure its okey.  Interest for the capital is only 6 percent per annum and whever you have fully paid before the three years term - you can always be charged only with the applicable interest. Sounds just fair, eh!

       

       I went to the site and checked the place and this is how i will describe it.:

      - in higher elevation that you can over look part of the city

      - air or wind is good from the hillside

      - in the exact opposite direction is the magnificient Mount Matutum

      - what makes it very nice and ideal for investment is that it is close to the diversion road..

    - and take note development  and infrastructures by the local government in  few years will be in Mabuhay area..

       So i tought, why not invest in lots ? Anyway they don't get spoiled and they even apprecaite as years pass by. I can put there apartments in the future which i can rent out and so easy money - you will have monthly collection  wtihout so much hassle.

       I am just happy that when i relayed my idea to my husband, he was very supportive. So i wasted no time, though i spend a day inquiring at the responsible government offices for this matter and it turn out let say satisfactory ( that is because  they are still in the process of having the mother title subdivided). Then i went on to sign the "contrat to sell" and put my deposit.

       Hmmmmm, how i wish tomorrow is already the last month of the 3rd year - so i can say " Yes, I made it!" hahaha, just being silly - but there  is a good truth in it. Thanks for he news and thanks for all the provision that i have received.

       Enjoy the night.   :)