When is the best time to purchase a home? The answer to this is simple: it is now.

Most may think that saving up early for a property shouldn’t be a priority, especially if you’re not even in the stage of settling down. But given enough thought, you might find this an ingenious idea after all. Because come those days when you’ll have other more important and life-long commitments to allocate your money on, say your children’s education, it will become a tough challenge to keep spare funds for your future home’s finances.

So drop the thought “I’ll save in the future,” instead, wear the mindset “I’ll save now for my future home.”

See, investing early on a property, case in point a house, can never be a wrong move as it is not just you who will benefit from the comfort and security of having one, but also your family.

So going back, when exactly is the best time in your life to purchase a home? There are actually three stages.

Stage 1: Perfect timing

It might seem too early to think of buying a house if you’re still young and single, but if you’ll look at it closely; this is the stage in your life where you have extra income at your disposal. And chances are you just spend most of it on clothes, devices, gadgets and travels.

Though it is never wrong to spend your own hard-earned money on things that will make you happy, this is still not excuse to set aside the bigger picture. In the future, when you have your own family, the best gift you can give them is a secured life, which starts by having a home; one that you can call your own.

Stage 2: Just the right time

Meanwhile, if you’re newly married, owning a home is no longer a question of whether you need it or not. Since you have tied the knot, this only means that you plan on building a family together, and will definitely need one.

While you still await the arrival of your children, the best that you can do is to prepare. Purchase your family’s future home now because once you enter parenthood, your little ones’ needs will become your top priority. So gear up and ensure that once your children arrive, they have a secured family and comfortable home to grow up in.

Stage 3: You can still go for it!

But if you already have family, this is when you will need to seriously weigh all options available to acquire a home. While renting might seem like the more affordable choice, you ought to compare the cost of renting as against purchasing your own home. Because you might already be paying enough rent to purchase a modest home for your family.

See, you don’t have to leave your and your family’s future to fate and uncertainty. Whether you’re a young professional, newly married couple, with a growing family, remember that you always have the option to earnestly prepare for the future, especially when you can avail of financing packages with low interest rates and flexible payment terms from BDO Home Loan.

With BDO Home Loan, you can secure a stable future for you and your family and get the key to the home you’ve always wanted in no time.

For more details, please call the BDO Customer Contact Center at (02) 631-8000, Domestic Toll-Free at 1-800-10-6318000 or visit any BDO branch nearest you. You may also visit https://www.bdo.com.ph/personal/loans/home-loan.

ADVT