Easy. Just search them in classified ads websites such as here in affordableCebu.com where lots of house listings can be bought with no down payment.
Go to the Real Estate category and search your affordable dream home.
There are useful keywords that you should use in searching:
- rent to own house
- rent to own house and lot
- house and lot with no downpayment
- home with no down payment
- house and lot with zero down payment
- house for sale with no down payment
- house and lot for sale without down payment
- home for sale without down payment
But you should not make haste. Canvass first.
Compare prices. Ask.
And search again and again the house you really want.
If you found what you want, just contact the advertiser or the person posting the ad.
Then, request for a meet-up and site visit. You must personally visit the house.
It's a big help to ask the following questions?
- When was the house built?
- If someone has been living in the house before, how many years do they live?
- Who is the owner of the house
- Why does the owner sell the house?
- What are the lot area and floor area of the house?
Check the following carefully:
- Sketch plan of the house and lot
- Tax Declaration
- Lot and floor area. Hire a Geodetic Engineer who can survey the house and lot.
- Check any cracks.
- Check the house materials. Are they durable? Ask the details of the materials used.
- Transfer Certificate of Title (TCT) - you can get or secure this in the office of Registry of Deeds in your respective province. Then, read the TCT if there any encumbrances; if the house has been mortgaged or owned by other person. Ask an official in the Registry of Deeds if the house is free of encumbrances. If it's free of encumbrances, you can buy it. If not, make an agreement with the owner of the house to clean the title or free the house from any encumbrances.
Again, before buying your home, you must think of it over and over again. Never make haste.
Weigh the pros and cons. Think of your financial status.
Can you really afford to buy the house or to pay for the monthly installments?
After you fix your mind, then that's the time you can decide to buy the house.
When you finally decide to buy the house, make a Contract to Sell (or agreement) with the home owner.
Both of you must go to a lawyer and settle any terms and conditions to be included in the Contract to Sell.
After signing this Contract, you now have the right to own the house and lot after you completed the payments and after you secure the needed requirements in the home-buying process.
- https://www.affordablecebu.com/
