Tuesday, June 16, 2009

A House We Will Call Home!

Please don't kill me, lol! as I am really lagging behind on all my posts. But as I've mentioned previously, I am going to share updates on our house that we are buying in the Philippines.

It was actually a very tough challenge and a lot of difficulties for me lately one week after we arrived from the Philippines. Hubby caught the bug (definitely, not the swine flu), and passed it on to me. He had a flu shot last fall, and I didn't, so he recovered faster and there was the poor me struggling on the most terrible cough I've ever had for 2 weeks.  I was diagnosed with bronchitis and pharyngitis, and had to take antibiotics for 10 days! Ha! that wasn't as easy as it sounds because I have to swallow a tablet as big as a marble! LOL!

Anyway, I'm feeling much more than better now.

Back to the topic, here is the story. While in the Philippines, we had been visiting some houses in many of the housing subdivisions in Iloilo (my hometown). I was actually surprised to see many housing real estate companies in Iloilo this year which was a good thing for us to look for more options. We finally managed to choose one house that I and hubby thought will be a good one.

The house is a single attached 2-storey home with 3 bedrooms upstairs. We got this choice because of its unique house finishing that's unique from the rest. The house will be made with CPAC two-toned tawny brick, much more durable than the regular hollow blocks that they put for the wall and foundation.

Currently, we are now paying the installment plan without interest for 18 months. Since we put a downpayment of more than the required DP amount, we will be paying much more smaller for the remaining loan after 18 months. We had the option to pay the remaining loan for 5 years, but we are aiming to pay it in less than that, God willing :).

More or less the house would be finished late of 2010, or early of 2011. It gives me excitement to think about the house, and I was tasked by hubby to do the interior designs and getting the things needed inside. Sounds like a good yehey next time we visit Philippines and staying on ou new home instead of staying in a hotel for 3 weeks! Of course, planning a house warming would be exciting as well :).

So far so good. I will post updates from time to time.


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