In the hybrid-work, post-pandemic era, there is a higher number of people who are seeking a place they can call their own home.
It’s one that is good to work at and is in close proximity to their workplace or to important landmarks, like schools, hospitals, grocery stores, etc.
However, while the need is apparent, people are also still recovering from the pandemic woes and many of them are hesitant to spend a big chunk of their savings in one go.
To deal with this dilemma, developers have created payment schemes that make it easier for buyers to purchase a property by paying only what they can afford at the moment.
This way, they don’t have to wait to be able to save a huge amount for equity to fulfill the necessity, or even dream, of owning a home.
For this reason, DMCI Homes, a Quadruple A developer, is offering a Lease-Option scheme for such lessees via HomeReady™. And no, it is not the same as a Lease-Purchase, although they do have similarities.
First, both options allow the lessee to purchase the rented unit after a certain period.
Second, both options also allow the lessee to add up part of the monthly rental payments to make the down payment.
Seems like both options are a good deal, however, there are also differences:
The Lease-Option scheme, as the name says, allows the lessee the option to either buy the property after the lease term or opt out of the lease agreement.
While in the Lease-Purchase scheme, the lessee is legally obligated to purchase the property at the end of the lease term as stated in the contract to sell.
DMCI Homes offers buyers the Lease-Option scheme, which means they have the option to purchase the property after the 24-month lease term without any immediate commitment to buy.
Some additional benefits of a Lease-Option scheme are as follows:
Availing of this offer provides homeseekers with the opportunity to acquire a spacious condo unit at a better price point compared to other similar unit sizes available in the market.
At least 60% of the lease payment is credited to the down payment for the property.
Lessees are offered price protection, allowing them to purchase the property at the lock-in price, which is the property price indicated at the start of the lease without any price increase.
The seamless move-in process ensures that the lessee can effortlessly immerse themselves in the captivating resort-inspired lifestyle that DMCI Homes properties are famous for.
Lessees can choose from various DMCI Homes properties inside and outside Metro Manila to meet their needs.
Similar to a test drive for car buyers, a Lease-Option scheme gives property seekers the opportunity to try out and see firsthand if condo living suits their lifestyle, preferences, and needs before deciding to buy a unit.
In addition to financial perks, living in a DMCI Homes community grants homeseekers access to first-rate resort-inspired amenities and lifestyle facilities, providing a stylish, convenient, and comfortable living experience in the metro.
Moreover, residents will relish a worry-free and vibrant condo lifestyle as each DMCI Homes condo has its own Property Management Office, which oversees the maintenance and security of the property while organizing year-round community engagement activities to enhance the livability and quality of the living experience for every resident.
As DMCI Homes is known for its amenities, including pools, play area, lounge area, fitness gym, grilling station, sky lounge, etc. their properties are often sold out immediately, increasing their value over time. Most of these properties are also located near transportation systems and the central business districts. This makes them a great investment property, as well. So, before you say anything about the expenses required in buying your own home, think about the options offered by DMCI Homes first. They will allow you to have your dream home today.
To learn more about DMCI Homes’ HomeReady™ program, log on to www.dmcihomes.com or call (632) 5324-8888 or +63917-880-8800. News and other updates are also posted on the company's official social media accounts on Facebook, Twitter, Instagram, and YouTube.
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