7 Steps to Buying a Home with the Help of Your Real Estate Agent

Property-hunting is a tedious task to do, especially if you’re new to the conversation. It takes a lot of research, inquiries, and guts to do everything on your own. On the flip side, help comes in the form of our trusted real estate agents who know every bit about property acquisition, and they can help us navigate the home buying process with ease.

For first-time homeowners, the first step is always the hardest to make. The whole acquisition process seems intimidating and confusing, but fret not because we’ve listed a seven-step process to guide you through your home buying journey! 

1. Getting the help you need

As mentioned, you need to get all the help you need from an accredited real estate professional who will guide you through the process. Don’t be afraid to ask the questions you have in mind, as this will help you in the long run. 

The key to a smooth-sailing home buying process is hiring the right agent and maintaining clear communication with them. Here are reasons consulting with a real estate agent is the best decision you can make.

2. Inquiring about the home of your choice

Next in line is, of course, the inquiry. To find the perfect abode, you need to discuss with your agent what conditions you’re looking for, the unit style or layout, location, and of course, the price. You must settle all of these factors before moving on to the following steps, so you’re already good to do before signing the contract.

Read more about the five things you must consider before buying a condo.

3. Unit inspection

When you’ve already narrowed down your choices, ask for a unit inspection with your agent. This is paramount to your home buying process as here is where you can assess the unit’s current condition. Plus, this will help you visualize what your desired arrangement with your belongings and furniture will look like.

Luckily, Empire East now offers a digital approach to unit visits and property tours with the newest virtual walkthrough of its largest project in the making -- the Empire East Highland City.

This condo for sale in Pasig-Cainta is rising on a 22-hectare terrain and is envisioned as the country’s first elevated city. This township consists of four (4) grand phases, including the 8,000-sqm Highland Park, 58,000-sqm Highland Mall, 37-tower Highland Residences where your dream home will be located 6,700-sqm membership-exclusive Chartered Club with a selection of first-class amenities.

You may schedule your appointment for a virtual tour by sending us a message.

4. Purchase and sale agreements

Here comes the trickiest and most crucial part. Talk to your agents about the content and premises of your contract before signing it. Your agent is there to walk you through the process and to answer any questions you may have. Make sure everything is clear to you before signing any contracts. If there’s anything that may cause confusion, let your agent know.

Some developers like  Empire East offers flexible payment terms which you can avail of. All you need to do is discuss with your agent what payment scheme is ideal for you.

5. Transactions

Next up would be settling the fees. These are usually indicated in your contract, so you must read them carefully to avoid confusion and conflict in the future. Most developers accept cheque payments, direct deposits, online bank transfers, and for some, even e-wallets. Make sure to send your transaction receipt to your agent as proof of payment.

6. Financing options

After settling your reservation fee or down payment, you must ask your agent about the available financing options for your home. Most developers like Empire East offer bank financing a few years after paying your lumpsum, while some developments are supported by Pag-IBIG financing. 

You can also choose a combination of in-house financing and bank financing where a portion of the down payment or equity may be paid for directly to the developer and loan the balance to any accredited bank after some time. Make sure you keep up with your monthly amortization to save you from payment hassle at any point in your journey.

Do your research on various financing options and consult with your agent, which best suits your financial needs.

7. Move-in!

Your move-in date depends on the set time frame and the type of property you chose. If it’s a ready- for- occupancy unit, move-in can take place from two to six months, depending on the terms discussed in your contract. You can expect to move in later for pre-selling units as the property is still under construction, and it may take a few years before its turnover.

While waiting for years might feel like a lifetime, it’s best to put your trust in your developer and keep in contact with your real estate agent for any inquiries you may have. 

Enjoy a seamless home buying experience with Empire East!

Empire East has a team of experienced and accredited real estate representatives who can guide you through your property acquisition process! Just shoot a message or email to inqury@empire-east.com.

Don’t forget to follow Empire East on social media for more tips and updates!