BC & AC: BEFORE COVID19 & AFTER COVID19 Buyers who purchased residential property on installment during BC may have a harder time keeping up with the amortization payments during AC. Business losses and/or unemployment in AC will make it almost impossible to fulfill a lot of financial obligations. BUYER AND DEVELOPER: DAVID VS. GOLIATH Developers … Continue reading COVID19 to the Rescue: I am Unable to Pay my Monthly Amortizations. Can I Still Refund My Payments?
Bits and pieces of information have been circulating thru SMS messages and social media about the Land Registration Authority's (LRA) title standardization program. What is this about and how does this concern property owners? Land Titles: Manually-issued Certificate of Title The classic version of the Certificate of Title looks like an ancient Egyptian manuscript … Continue reading Title to your land: What is the LRA’s Voluntary Title Standardization Program?
Purchasing your dream home can become a nightmare when you start paying the monthly equity but cannot secure a loan to cover the balance. Things get a little tricky when buyers are caught in the developer's hook, and dragged to a point of no return. No Title, No Problem? Once you've made all the necessary … Continue reading No Title, No Loan: It’s Difficult to Get a Bank Loan Without a Land Title
The Philippine property market has been enjoying a meteoric rise these past ten years, concentrated mainly in the highly urbanized areas of the National Capital Region, Provinces of Batangas, Cavite, Laguna, Cebu and Davao. With this boom in the inventory of housing units, buyers should be aware of their rights and exercise diligence before parting … Continue reading 5 Things to Look Out for When Buying a House or Condominium Unit
Condominium dwellings make up a substantial percentage of households in highly urbanized cities like Metro Manila. Students, young professionals and a lot of modern families have opted to stay in condominium units because of its prime location and the rising prices of residential lots adjacent to the cities. With this option to live in a … Continue reading Read This if Your Newly Bought Condominium Unit Has Cracks on the Walls, Unfinished Paint, or Broken Fixtures.