It is said that buying or building a house is a once in a lifetime decision. There are a lot of things to consider. On top of everything is the capacity to pay the equity or amortization for housing loans or the depth of your bank accounts for those building a house on their own.
Well, Earl and I have started paying for the amortization of this house and lot unit in Lapu-lapu since last year. The first time we saw the model unit we fell in love with the design both interior and exterior. It was also a dream house so to speak because it’s near the beach. We immediately issued a check to pay for the reservation and started filling out forms. The following month, we started paying the equity. Perhaps, what we did was a hasty decision there. No proper planning and considerations took place. Why? Because my husband and I finally decided not to pursue the purchase of that house now. It was a very hard decision to make because we were so excited about it. It just so happen that we can no longer pay the equity of ten thousand pesos a month. We’re also not managing our expense well lately that’s why we decided to just give up the unit. We also need the money as we are expanding the pharma business. Oh I guess, the house was never meant for us and that there must be another home out there for this family someday --- maybe something we ever imagined and dreamed about our future abode with all the coziness and luxury this life can offer....i'm crossing my fingers!!!
Right now, we're just waiting for the refund of the initial equity we paid.
Home sweet home...unta!