Brgy. Lumina On-screen: A Digital Openhouse by Lumina North Luzon

30 July 2020

Kabarangay, join Carla, Angela, and Joy, as we hold "Barangay Lumina On-screen," Lumina Homes' 1st Nationwide Digital Open House here in Lumina North Luzon!

Buying a house and a lot for sale in the Philippines may be both thrilling and daunting since it's a big choice that's not to be taken lightly. Many people find it tough to reduce their selections and make the best choice because of the oh so many possibilities on the real estate market these days that it may be strenuous to go through them all and come up with the best pick.

This is especially true for first time home buyers who don't have yet any idea or experience in purchasing a space they can call their own. That's why we collected some of the practical tips that you should consider in buying the cheapest house and lot for sale in the Philippines.

House and Lot Size and its Location

Because real estate is a long-term investment, the location is critical when making a decision in choosing your brand new home. The location must meet your demands in the future. In order to know the answer for this, you can find these questions helpful:

Is there a hospital or school nearby?
What about proximity to a highway and industrial facilities?
Is it too loud there?
Do you want to be near shopping centers, or do you prefer a more secluded setting?
Do you prefer to live close to your child's school or your place of employment?

In light of your newfound knowledge about your ideal location, it's time to consider the size of your new house to accommodate your growing family.

Has your family grown to the point where two to four bedrooms are required?
Is a one- or two-bedroom apartment sufficient if you're single?

Take into account the monthly amortization.

You should also take into account monthly amortization costs in addition to the reservation fee and down payment. You can do this by determining whether or not you can afford to make the monthly installment payments for the foreseeable future.

Explore a flexible payment method

You might look into the different payment options available and see what they have to offer in terms of interest rates. When it comes to financing a home purchase, you have three options: in-house financing, affordable house and lot for sale thru pag ibig financing, or traditional bank financing.

You will also need to prepare all the necessary documents for your loan application, including your payslip, employment certificate, and the loan application form as starters.

A developer's solid track record

It's most important to check the developer's track record to prevent complications in the future. It's critical to have a home inspection done before the developer hands over the keys of the property to you. Fixing a dripping faucet or a faulty window, for example, is a need. It's also critical to work with a licensed real estate agent to keep the transaction on solid ground.

Lumina Homes

It's an awesome thing that you don't have to undergo all the hassle and bustle of looking for a trusted real estate developer that has all these criteria- Lumina Homes!

Lumina Homes masterplanned communities are all located in key cities and municipalities. Its strategic locations made all of its subdivisions accessible and close to major thoroughfares and highways, medical facilities, supermarkets and groceries, and other major infrastructures around the area. They are also closed to schools, colleges, and universities to ensure that your kids can get the quality education that they deserve.

Lumina Homes also offers a wide selection of sites to choose from with its over 50 projects nationwide. They also have a comprehensive range of home model units that will surely fit your budget and your family's needs. From their house and lot for sale worth 500k through their rowhouses and lofts, they also have the affordable townhouse for sale in the Philippines. Aside from this, they also offer homebuyers more spacious affordable house and lot for sale thru pag ibig financing with their duplexes and single firewall home model units.

Aside from pag ibig housing loan, Lumina homebuyers also have other payment options such as bank financing, in house financing, and even straight cash payments.

With pag ibig housing loan, you low income earners can pay as low as Php 1,898 per month with only a 3% interest rate with Lumina Homes house and lot for sale worth 500k. Aside from multiple awards from pag ibig fund and being the Top 1 Developer for 2019, Lumina Homes have definitely a solid track record as a developer with its recent awards from BestStartup.Asia, a site known for listing down exceptional startups and companies taking a variety of approaches to innovate the property development industry. Lumina Homes was recognized as one of the Top Real Estate Companies in the Philippines, One of the Top Philippines Property Management Companies and Startups of 2021, and One of the Top Philippines Property Development Companies and Startups of 2021.

To know more about different projects they have, you can check out this list of available Sites in the North and East Luzon:

Affordable house and lot for sale in Bataan

• Lumina Pilar – Brgy. Liyang, Pilar, Bataan

• The Balanga Residences – Brgy. Cupang Proper, Balanga City, Bataan

Affordable house and lot for sale in Bulacan

• Lumina Pandi – Brgy. Pinagkuartelan, Pandi, Bulacan

• Lumina Plaridel – Brgy. Culianin, Plaridel, Bulacan

• Lumina San Miguel – Brgy. Buliran, San Miguel, Bulacan

• Lumina Baliuag – Brgy. Pagala, Baliwag, Bulacan

• Bulacan Residences Calumpit – Brgy. Bugurion Calumpit, Bulacan

Affordable house and lot for sale in Cagayan

• Lumina Tuguegarao – Brgy. Carig Norte, Tuguegarao City, Cagayan