Philippine Real Estate Broker

You loved every single part of your home and could find no flaw in it when you signed the contract to buy it. But now you find yourself staying up at night wondering if you made the right decision. There are lots of questions and what-if scenarios running through your head. Most of these questions might be simple to answer, but the deep-seated doubts make you unsure if you want to proceed with the purchase or not. Unless there’s a concrete reason for you to feel this way, what you are going through is a case of Buyer’s Remorse.

Buyer’s remorse usually kicks in when we talk to someone about the purchase. Although your friends and family mean well, their questions about your choice could lead you to doubts, particularly if they’ve been buying real estate for years and this is only your first purchase. But chances are, they don’t know the market as well as you do. It might have been a long time since they last bought anything, or they live in another part of the country. If that’s the case, they’re probably not in touch with today’s prices or the market of the area you want to live in.

Looking at other houses will also stir buyer’s remorse. Stop shopping unless you think that there’s a good chance the contract might fall apart.

If your agent doesn’t guide you through the closing process, that’s probably why you have so many unanswered questions and doubts. Your agent has to be there to assure you that what you’re feeling is normal and to provide answers or advice. Don’t be afraid to ask your agent if you have any questions during closing, no matter how silly the question may sound.

Finally, your own doubts could be the source of your buyer’s remorse. People tend to think about the uncertainties when they make important commitments and dwell on what-if’s. Look at the positives and trust your rational judgment instead of entertaining negative thoughts.

Remember though that your concerns are valid if you cannot get financing, the home inspector uncovers more defects than you can repair, the house does not appraise at a price equal to or more than the contract sales price, the seller does not respect the property boundary lines, or there are problems with the deed. In these instances, your contract should allow you to back out of the sale with no penalties.

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Remodeling your kitchen will not only make cooking and dining at home a more pleasant experience; it can also add value to your home. The renovations you will make depends entirely on the state of your kitchen now, but here are a few aspects that you can focus on.
The color of your kitchen enhances its overall atmosphere and worth. Most modern kitchens come in neutral colors like cream, soft gray, and earth tones, with wood cabinets in medium and light finishes. “Islands” are still popular in kitchens today; for a more visually striking effect, make material for the island and the countertop different from the rest of the kitchen.

If you’ve got a large family or if you host parties and entertain guests often, then having two of everything is an excellent upgrade. If you don’t think getting two ovens is necessary, consider changing your appliances. Manufacturers of more affordable appliances are now following suit with the upscale appliances. Today, you can now buy a stove with six burners and two ovens instead of just four burners and one oven without spending too much.

Built-in features like a chopping-block, microwave, and a marble slab for pastry-making can make preparing your meals more convenient. Also consider investing in lights under your cabinet for a brighter, shadow-free work area.

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There’s a long list of pros and cons when deciding between buying a new home or buying an old one. People commonly think that the workmanship in the past is superior than construction that is done today, but good or bad craftsmanship can happen at any point in time and there are still builders today with skill and integrity.

The advantage to buying a new home is that they are usually up-to-date with current structural standards and have contemporary conveniences. Often, new homes are built in developing areas, which means that the real estate value of the property appreciates significantly. If you’re thinking in terms of investment and reselling, buying a new home might be a good idea.

Buying an old home also has its own advantages. It’s got stability, character, and that old-fashioned charm from its design features, but many old homes also have obsolete designs, deterioration, and general wear and tear. While some old homes in the market have been renovated to offshoot these disadvantages, not all of the changes are done by qualified persons. Lack of energy efficiency is another disadvantage most old homes have, and upgrading it costs quite a bit of money. When choosing between an old home, it’s always a good idea to bring your own house inspector so you’ll be aware of any structural defects that the seller might have missed out on.

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Two Serendra’s sprawling lobby is designed to have a seamless fit with furniture designer Kevin Cobonque’s rattan creations. A combination of modern sensibilities and traditional Filipino aesthetics, the lobby reminds one of a hotel resort. In fact, you can almost expect to see clear blue waters and even bluer skies when you step out to the verandah. That’s the effect Two Serendra’s interiors would like to give you - the feeling of going home to a tropical paradise despite being located in the heart of the trendiest commercial center in the city.