In recent months, many balikbayans have entered the rental market to explore what it’s like to live in the Philippines again. Most of them come from the United States, where they already have steady pensions, 401(k) savings, and healthcare coverage. They usually rent a condominium for a few months at a time, occasionally returning abroad for checkups or to handle personal matters before settling back home permanently. This cautious approach reflects their practical nature. After all, with rental rates now more affordable, what could be the problem? What many don’t realize is that purchasing property in Manila can be surprisingly easy—especially for those who have equity in a property back home.

Refi cash out is a product used for US homeowners who would like to tap in the value of their home. Compare it to the buying process in the Philippines, tapping in the value of the home equity gives the owner different options to purchase another asset.

Our trusted real estate broker, Paolo Flores, has recently partnered with Loan Factory to help balikbayans refinance or cash out equity from their existing homes in the U.S. This can be an excellent way for homeowners—particularly those tight on cash—to unlock funds and purchase a home in the Philippines. With interest rates in the U.S. currently on a downward trend, now is a great time for Filipinos abroad to take advantage of this opportunity.

Consider this example: a 39.1-square-meter flat in bustling Makati City complete with its own parking slot. With the growing number of cars on the road, having guaranteed parking is no longer a luxury but a necessity, especially if you plan to stay long-term. Let us say, you have a property in the USA and has built up around $ 180000 in equity. You can use that amount to pay off the price for another asset. This is how you transfer the value effectively. It shows another example that having a method prior to momving full time is the practical option to do.

Unit Description:

Selling Price: P10,000,000.00

One Bedroom unit
Unfurnished unit
39.1 sqm
Tower 3
6th floor
With 1 parking slot

Avida Towers Asten is a high-rise residential condominium located in West Makati. Along Malugay and Yakal Sts., Brgy. San Antonio, Makati City. A couple minutes away from Ayala and Gil Puyat Avenues—two of Makati City’s major thoroughfares.

Suited to the dynamic lifestyle of the young savvy achievers, it offers a wide range of retail and dining choices, creating a unique place of convergence.

Find yourself living closer to the Makati Central Business and to various creative hubs.

Landmark:

Makati Medical Center – 800m
National Shrine of the Sacred Heart – 1km
Makati CBD – 1km
Ayala Center (Greenbelt, Glorietta) – 1.9km
Ayala Triangle Gardens – 2km

AMENITIES

Pool Lounge
Game Room
Indoor Gym
Children’s Play Area
Clubhouse
Sky Lounge

So what are you waiting for? If you are based in the USA, and would like to use your equity to purchase properties abroad, give us a call today