Author Topic: Looking for a place to buy/rent in Cavite/Laguna area  (Read 1849 times)

Offline itsgalf

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Looking for a place to buy/rent in Cavite/Laguna area
« on: April 02, 2016, 11:24:42 PM »
My wife and I are currently living in Marikina NCR. It's a nice little condo unit, and is located very conveniently for us. However, there is an insane amount of dust here and the P25000/month rent is just a little bit too expensive. I originally was willing to accept the higher rent since I actually wasn't expecting to stay here that long. However, things changed and I'm still waiting for my wife and stepdaughter's immigration to work through so they can come to the US.

I'm headed back to the US in about 2 weeks for a while. I think the dust and pollution is just too much for the kids and I'm looking to cut the monthly expenses a little bit.
There's a second part to this - my wife's mom and siblings are currently in a house that they don't own (long story) and a sneaky neighbor decided to reserve the house for purchase. So the plan is to also look for a place that we could use for a while, but then they would move into and take over the payments later when my family comes to the US.

We're looking at the moment for a place out in Cavite mainly, but I'm also open to places around Laguna.

Does anyone know any good places to rent / buy out in that area? Or perhaps a good broker? We're not having the best luck with our searches.

My max would be P1.3 Mil (buy) or P18000/month (rent). We're looking for a floor area of at least 40 mē.

Any help would be appreciated. Thanks

Offline Art, just a re(tired) Fil-Am

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Re: Looking for a place to buy/rent in Cavite/Laguna area
« Reply #1 on: April 03, 2016, 05:26:07 AM »
There are a lot of inexpensive condos and or townhouses in Laguna for P1.3 Mil, but then again Laguna is a pretty huge province, I would suggest Sta Rosa, Binan, Calamba and if they qualify for a 30 yr Pag Ibig home loan, monthly mortgage payments would be around P5,000 a month. ''Boots on the ground'' is the only way to do it.

https://www.google.com/search?q=condos+in+Laguna+Philppines&gws_rd=ssl
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Offline copusmaximus

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Re: Looking for a place to buy/rent in Cavite/Laguna area
« Reply #2 on: April 03, 2016, 09:50:42 AM »
im with art go luguna area and check out houses with min deposit and loan you can get the family in a decent new house with low monthly cost win win for you and the family .i would sugest put house in wifes name and transfer when your sorted .call me cynical i dont trust anyone if u buy in there name they might just resell .

Offline Lee2

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:) Happily married since 1994 & live part of the year in Cebu and the rest in S. Florida.

Offline itsgalf

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Re: Looking for a place to buy/rent in Cavite/Laguna area
« Reply #4 on: April 06, 2016, 11:45:28 PM »
Thanks for all of the suggestions so far.

We recently went with a broker on a site visit to Lancaster New City in Cavite. I was quite impressed with their model houses and the overall feel of the community. I told them that if I were to buy it that I would pay for it cash instead of doing their crappy 21% interest rate in-house financing (since I wouldn't be able to secure a bank loan at the moment). Anyways, they offer 10% off for cash payments(meh). The Profriends real estate company that sells the units is a little shady though. They don't let you inspect the unit that they offer you until you pay at least 20% Down Payment. Then in all of their documents, they include "NO REFUND" clauses for anything you pay them. You're also not allowed in any of the subdivisions without prior consent and you have to be in their service car that you're not allowed to exit during the trip. So no wandering around. They expect me to pay them 100% cash, but I wouldn't be able to inspect the unit until after I pay them...with a no refund policy. Not a very favorable situation.

It looked very promising, but then yesterday and today I've been trying to go through all of the reviews. Apparently there's a lot of negative reviews towards the developers and they have a history of the units not being built to spec and buyers complaining about it. It got so bad that Profriends hired people to organize 'counter social media' to try to reverse the negative impact of the bad reviews. They even went so far as to sue a blogger for libel (which they just recently won), claiming that he published erroneous flood maps that make Lancaster New City appear to be flood prone. They claim that most of the bad reviews are either irate customers who made mistakes in their processing and are upset they couldn't get refunds, or are an organized group of competitors that are using social media to destroy them.

TBH, the entire thing is confusing. My impression is that the developer makes a good amount of mistakes, but they are trying hard to cover them up instead of admitting them. They delivers a lot of good houses, but there are enough bad units that give merit to the reviews on social media. I figure that a lot of the issues really stem from whoever they hired for construction. Their construction team seems to have a lot inept people and terrible management. However, this is just from reading as many articles - pro and against - of the developer that I could in the past 2 days.

So for the time being....I'm still looking.  :D




Offline bigrod

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Re: Looking for a place to buy/rent in Cavite/Laguna area
« Reply #5 on: April 07, 2016, 05:03:25 AM »
It appears the libel suit was dismissed by the court:

https://dl.dropboxusercontent.com/u/45497939/libelcase-resolution.pdf

Since I live in the area I remember homes in Lancaster losing their roofs a few years back,  while our subdivision did not sustain the same damage during that storm.  In regards to shoddy construction by developers it is not unusual.  Quality control by on site engineers is definitely not up to the standards we are used to.  In my case the overflow line on our septic system was missing.  Finding waste water in our downstairs shower and a wet drive way, I advised our Eng of a possible problem.  They stated it was probably full and needed to be drained at my expense.  After checking with neighbors who had lived here longer and had larger families, they had not experienced similar problems. I again asked the Eng through the president of the developement company(I happened to be on the initial HOA board of directors at the invitation of the company president) to check the problem.  After digging up the area it was determined that the overflow pipe had never been installed(the pipe is orange 8" dia and 14' long) the pipe is hard to overlook when completing the septic system.  Any company that will not grant you access to view the property you want to buy is definitely a red flag to me.

Chuck
Life is  to short not to live it right the first time

Offline itsgalf

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Re: Looking for a place to buy/rent in Cavite/Laguna area
« Reply #6 on: April 13, 2016, 09:43:27 PM »
It appears the libel suit was dismissed by the court:

https://dl.dropboxusercontent.com/u/45497939/libelcase-resolution.pdf

Since I live in the area I remember homes in Lancaster losing their roofs a few years back,  while our subdivision did not sustain the same damage during that storm.  In regards to shoddy construction by developers it is not unusual.  Quality control by on site engineers is definitely not up to the standards we are used to.  In my case the overflow line on our septic system was missing.  Finding waste water in our downstairs shower and a wet drive way, I advised our Eng of a possible problem.  They stated it was probably full and needed to be drained at my expense.  After checking with neighbors who had lived here longer and had larger families, they had not experienced similar problems. I again asked the Eng through the president of the developement company(I happened to be on the initial HOA board of directors at the invitation of the company president) to check the problem.  After digging up the area it was determined that the overflow pipe had never been installed(the pipe is orange 8" dia and 14' long) the pipe is hard to overlook when completing the septic system.  Any company that will not grant you access to view the property you want to buy is definitely a red flag to me.

Chuck

Forgot to reply to this post even though I read it a few days ago. Thanks for the update on the case. Very interesting drama.

So we went down to the area for a 2 day trip looking for places in Cavite/Laguna.

  • We started out looking at places in Bel Air - Sta. Rosa, Laguna. There were a few decent homes, but only impressed with a 15000/month house that was unfurnished.
  • Looked at Berkeley heights nearby, not interested.
  • Went to a 1.4 million house and lot in Binan, Laguna. The house and lot itself was ok - hard to get to and very crowded around. For sure there's lots of chismis. Nope
  • Then looked at an 13500/month apartment right off of Aguinaldo Highway in Imus, nearby the S&R. That was actually our new favorite for the price/mē.
  • Next day went back to Lancaster New City looking at a 5000/month barebones place. Saw a posting on a nicer looking house right across the street, which was for sale. We called that number and checked it out later in the day. Nice finishes, not too fancy. Some decent furnishings but definitely will need some newer stuff. Security gate already built and all. Right now that's what we're looking at getting since we feel that the owners priced it fair and we were getting our moneys worth
  • To end the day we checked out Deca homes down in General Trias. Google maps took us on some long, bumpy dirt road to go in the back entrance of the development. That was a fun drive. Good development home - good for something like an investment home for the future more than a house to actually live in at the moment.
  • After that stopped at S&R before the long drive home to Marikina.

- Overall a fun trip. We stayed the night at Kartini's right at the end of the Cavitex. It has a small casino on the 3rd floor. I taught Hannah how to play Roulette. We finished the night even...haha so that's a plus.



 


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