SEGABA Real Estate
Property Blog
Real Property: Decision Making
December 7th, 2007 by admin
I came up with this problem last week. I have to decide if what I’m gonna do if ever I would save half a million pesos next year. I’m thinking of saving it to a bank and then earn from interest. Or should I used it to pay for the downpayment of the property that I would like to buy and apply for an installment loans and I would used it to pay for the remaining cost of the real estate property.
Bank don’t usually offer higher interest that is why I’m hesitant to deposit my money to the bank. But this is the best way to make sure that your money is secure plus you can still earn atleast %1 per annum. It’s not bad if you invest around atleast 500,00 and earns about %2 per annum. I have to think about this decision making that I will do. I’ll keep you all posted on what is my decision regarding this dilemma.