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For many Filipinos it is a dream for a family to own their home and live in a plot of land they call theirs as it shows pride and satisfaction for any homeowner to acquire a property for use as their primary home.
It has been a problem for most home buyers in building one's equity. It is worrisome for most home buyers, to have incur expenses to used for a down payments which is out of pocket requirement for prospective buyers. However, there are Rent-To-Own schemes available but will be discussed on another topic.