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Ohmyhome

Ohmyhome

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Hey, we get it. Hearing about all this real estate jargon can be intimidating for any first-time property investor. Being an Overseas Filipino Worker (OFW), you also might find it hard to assess properties while you’re away from home. But with flexible payment schemes and friendlier interest rates, it’s hard to wait it out any longer.

As a matter of fact, next year’s resurgence in residential property demand will be driven by OFW remittances. OFWs are expected to be key for the economy to middle-income real estate market next year and beyond.

Remember that you also don’t have to do it alone. Apart from asking your family and friends, one way to address your reservations about a particular unit is to just get in touch with a professional. An Ohmyhome property agent, for instance, can walk you through the property transaction process, from selecting different home options and online documentation to facilitating loans and more. Let them know about your budget, property type, and preferred location to invest in, and you can start from there.

In any case, if you still don’t know where and how to start, make sure to consider these factors in your decision-making process.

OFW Remittances Can Be Your Key

The 2019 Bangko Sentral ng Pilipinas (BSP) Consumer Expectation Survey reported that only 7.6% of households made use of OFW remittances for investments. OFWs can easily fall prey to lifestyle inflation. 

It’s easy to get caught up in increasing your household spending as your income grows. You think to yourself that you definitely deserve that new car. With a salary like yours, you and your family can now dine out at the best restaurants in the country three nights a week. But trust us, tracking your spending habits and saving to invest in real estate will pay dividends in the long run.

In real estate, it’s always best to buy within your means. Before you even buy a home, always think of the bigger picture. Think about your long-term investment goals and how you’re going to pay off that mortgage. Those remittances are better suited for property investing.

Learn More About the Developer’s Background

While you can’t really predict how property is going to hold up over time, you can always look up developer information. Do a background check on their history and other residential developments. Check for amenities and features that renters and buyers value in a house and lot or condo. See if their other projects have great reviews. Take note of some of the negative feedback, as well, if there are any.

Explore Your Loan Options

Securing the necessary documents sounds easy on paper. But the reality is that tax returns, payslips, and various certificates can take some time to process. You may either take out a loan through the Pag-IBIG fund or through banks. Keep in mind that you should check out your different loan options first before going into any financing scheme. Agent services, like the ones that Ohmyhome offers, can even provide you with a sample computation.

2022 Property Market Projections 

To reside in Mandaluyong City? Or to reside in Cavite? Either way, 2022 is expected to be a bounceback year for property in the Philippines. After a two-year slump, pent-up property demand for condos in major cities, as well as for gated communities in provinces is to be expected to fuel the market as the local economy stabilizes.  

Investors and all types of homebuyers are also being offered limited-time discounts, flexible payment schemes,  and exclusive promos. The BSP looks to keep interest rates at 2%, as well. These are all meant to encourage economic activity and boost residential sales. To put it simply, low rates can equate to bigger savings. If you get a lender that offers you a competitive rate, you save on interest costs. The money you’ve saved here can maintain your wealth and can even be used for other investments.

In Ohmyhome’s case, when you buy through us, you are automatically qualified for our Cashback program. You even get a 30% discount on major appliance brands like Samsung, LG, and the like. Quite the bargain, right?

For more information on the best and latest property listings nationwide and how our Ohmyhome’s online ecosystem helps investors like you, visit Ohmyhome.com or download the official Ohmyhome app.


Ohmyhome was launched in the Philippines in September 2020, following the company’s establishment of a tech team in the country in 2017. Ohmyhome was originally founded in 2016, and subsequently rose in Singapore as a leading PropTech solution and licensed real estate agency.

Ohmyhome expanded into the Philippines so that Filipino home seekers can have a real estate partner that they can trust to have their best interests at heart and can be relied upon to provide exceptional services throughout the entire property journey.

Featuring thousands of properties across many of the Philippines’ major real estate brands, Ohmyhome differs from other local platforms by going the extra mile and extensively helping buyers narrow down their choices and find the property that best suits their budgets, home needs, and lifestyle preferences.

The company’s Real Estate Agents not only help in the shortlisting of options but also provide professional services through the entire purchasing process. These include assistance in property inspections, negotiations, the finalization of the Conditions of Sale, deposit collection, the submission of property documents, as well as providing buyers regular updates.

Ohmyhome helps Filipinos find their dream homes, all while making sure each real estate transaction is complete and is an efficient and enjoyable experience.

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