Rent or Buy A Place To Live - View Single Post
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Old 3rd November 2013, 08:36 AM
fmartin_gila fmartin_gila is offline
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Users Flag! Originally from usa. Users Flag! Expat in philippines.
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That's the plan for us as my Wife owns a lot with a house that she has rented out now in Mindanarrio (suburb of Iloilo) while we are in the US. When we return to the ROP, we will either tear down that house and build new or since it is very close to the new Megaworld, it may be more advantagous to sell it and buy some property further out near Pavia or something. We will just have to make an evaluation when we go back there. At least we have enough cash on hand that we won't have to deal with credit as we probably couldn't get it anyway as I am74 and she is 63.

Fred
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