Purchasing a house is one of the biggest decisions families make in their entire life. Not only that it’s a big investment, but a house will also become a home, a place where families raise their children and create memories.
With so many options in the market right now, it is just normal for homebuyers to feel overwhelmed. If you’re looking for one right now, specifying your preferences will save you a lot of time and effort, such as choosing whether to buy a house on pre-selling or one that is ready to be occupied. Your choice will definitely depend on how soon you need the house, the availability of your funds, and your appetite for risks. If you’re the skeptical type, a Ready-for-Occupancy (RFO) house might be the best option for you. Listed here are some of the benefits of buying an RFO house.
1. See the actual finished house.
As the name suggests, RFO houses are fully completed and fitted. You can already see the actual materials used, the quality of the finishes, the actual size of the bedrooms, etc. In other words, what you’ll get is already in front of you. Unlike houses on pre-selling, you don’t have to imagine anymore how your actual house would look and feel like.
2. Move in as soon as your payments are settled.
When you buy a house on pre-selling, even if you pay the equity or down payment in full at one time, you still have to wait for approximately 1-2 years before you can finally see and move into your new house. That’s a lot of waiting especially for those who are very eager to reap the fruits of their labor.
For RFO houses, since the house is already finished and given that all pre-inspection is done and completed, it is already up to the homeowner as to when he wishes to move all of his stuff in. If he wants to move in the next day, he can.
3. Utility services are already in place.
In subdivisions, when the houses are at least 50% turned over to the homeowners, usually, water and electricity providers are already in place. Electrical posts and water lines are already installed in strategic locations inside the subdivision. It will just be wise to buy an RFO house at this time. You get to apply for an electrical and water connection right away.
4. Amenities are usually fully completed and ready for use.
RFO houses are usually the last few inventories left for sale. Around this time, the subdivision must already have completed the construction of the amenities, e.g. entrance gate, clubhouse, and pool. Once you move in, you can already enjoy the amenities you were looking forward to when you purchased your house.
5. You get the feel of the neighborhood.
Who doesn’t care about the neighborhood we live in? We always dream of living in a serene, neat, secure, and beautiful neighborhood. If you buy an RFO house, you get to visit the entire neighborhood upon checking your house. By then, you would already get the feel of how it is living next to this house, or how it is if your house is at the edge of the subdivision. If you’re lucky enough to meet some of the homeowners during your house tour, you’d even get to know what type of neighbors you’d have.
Does this help you with your decision making? You may also want to check out Serenis North in Liloan, Cebu. The subdivision was turned over to the homeowner’s association last September 2019 and all of the 150 houses were already completed in the same year. The good news is, there are still few RFO units remaining on sale.