As I have mentioned in my About me post, I managed to get a house through a Pag-Ibig hosing loan while being a Call Center Agent.
After investing some years in the Call Center Industry, you should be roughly making about 15-20k. Impossible as it may seem, this should be enough to start and pursue your dream of owning your own house.
I have already given lots of tips about saving money - and this is the first step you should take. If you have no discipline and no goal, then you will end up spending all your money. Think long term, and start investing on your future.
NOTE: You must first be eligible for a Pag-Ibig housing Loan. See this link for eligibility.
1) Start looking!
Use the smartest entity in the world (GOOGLE) and look for "Cheap Rent to Own Houses Pag-Ibig" you should be given links to OLX, Facebook, and other brokers that offer rent to own housing. Start reading through the ads and get the dream started.
"Umpisahan sa isang pangarap..."
2. Note the Monthly Price.
As you read through the ads, you should note the monthly fee or equity (what you pay per month), the Downpayment Price, and the reservation fee. There are lots of properties that have 3-5k monthly fees.
Then get a piece of paper and plan out how much you spend in a month and see the best price that fits your salary. You may have to eat packed lunches moving forward, but at least you have a goal.
3. Location, Location, Location.
Most cheap rent to own houses are located in San Mateo Rizal, Antipolo, Laguna, Cavite. So try to see what location suits you best. YES these places are far, but think about the future -- there will come a time when transportation to these places will be easier. Ask your colleagues and Friends who already come from these places how much their daily fare costs, and what they ride to work. Place all these factors into your consideration.
4. Contact the Brokers for tripping sessions.
All the Ads for houses should have the broker's contact numbers - the tripping should be Free. Contact these brokers, and schedule a tripping session. This way you will actually see the location and the actual setup of your future home.
WARNING: Most brokers will convince you to reserve on the spot -- do not be taken in by sales talk. Brokers aim to sell, but buying a house will affect your future. so use your brain.
Ask your broker questions as well, make sure you do not leave the place without understanding everything.
"Walang manloloko kung walang magpapaloko..."
5. Know your Developer
Before paying that reservation fee, make sure that the Developer is a trusted one. Search for old projects and try to talk to people who already live in their established communities. Again, do not easily get lured in by the broker's sales talk - always be a skeptic.
6. Pay and plan for the fees.
Once you find a home you would like to live in, then its time to see if buying this is feasible.
- Make a Monthly budget and cut back on expenses
- Save what you can, you may have to sacrifice certain things to achieve your dream
- Compute your daily fare once you start living in your new home, see if your salary evens this out
- Make a plan on who will live in the house you bought
- Factor in the renovation and other fees needed (make sure you clarify this with your broker as well)
7. Attend the Pag-ibig seminar and get the loan approved
Once you are done with the reservation fees, and the downpayment, and the house is actually constructed, then you can proceed with the Pag-Ibig seminar. Contact your broker on when you will be scheduled. You have to prepare the documents beforehand which your broker should have discussed already.
Once you attend the pag-ibig session, the loan will then be released to you.
Bottom line, getting a new home is not an easy task, sacrifices have to be made, and you need discipline and planning. However, countless numbers of us have already done it, and we are normal call center agents with families and responsibilities as well. If we can do it, then so can you!
Do share more tips on getting your own home...