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Bidders to meet for Nayong Pilipino PPP

http://www.philstar.com/business/2017/02/04/1668757/bidders-meet-nayong-pilipino-ppp MANILA, Philippines – Interested participants in the auction for the P1.47-billion New Nayong Pilipino at Entertainment City will be briefed on the project next week, the Public-Private Partnership (PPP) Center said yesterday. The by-invitation conference co-hosted by the Department of Tourism (DOT) and the Nayong Pilipino Foundation (NPF) will be held at Makati Shangri-La […]

Vice president’s former home Coconut Palace up for lease, development

https://business.inquirer.net/224008/vice-presidents-former-home-coconut-palace-lease-development The Coconut Palace—previously the residence of the Vice President—will be up for long-term lease by state-run pension fund Government Service Insurance System (GSIS). Separately, ahead of the implementation of the P1,000 hike in monthly pension by May, state-run Social Security System (SSS) will dispose of 21 condominium units located in the cities of Makati, […]

REAL ESTATE LAWS AND REFERENCES 7.1

What are the most common difficulties that agents or brokers experience with buyers? Common difficulties Silent objection – hesitancy of the prospect to express his objection thereby depriving the broker of the opportunity to answer or overcome it Presence of supposed advisers of the prospect who give negative remarks which tend to undermine the transaction Failure […]

REAL ESTATE LAWS AND REFERENCES 6.4

AFFIDAVIT OF LOSS REPUBLIC OF THE PHILIPPINES) _____________________________ ) S.S. I, (Name of Affiant)., Filipino, of legal age, residing at (Address of Affiant), after having been sworn in accordance with law hereby depose and state: That I am the true and lawful owner of a parcel of land which is more particularly described as follows: TRANSFER […]

REAL ESATE LAWS AND REFERENCES 6.2

USUFRUCT WITH CONSTRUCTION AGREEMENT This AGREEMENT, made and entered into this _______ day of _______, 20 _____, at Cebu City, Philippines, by and between: PHIL. PARAMOUNT VENTURES, INC. a corporation duly organized and existing under and by virtue of the laws of the Philippines, with principal office and place of business located at 9thFloor CIFC Tower, […]

REAL ESTATE LAWS AND REFERENCES 5.17

Buying A Condominium in the Philippines Looking for a condominium to purchase will take some time and effort. With the many condo projects existing, being built or at the pre-selling stages, the potential buyer has to be informed of his many options. The potential buyer has many sources of preliminary information for his condo selection process, such […]

REAL ESTATE LAWS AND REFERENCES 5.16

Is Buying Foreclosed Properties A Good Deal? A straight answer to this question is: it all depends. All opportunities to buy foreclosed properties should be treated on a case to case basis and list all the factors, positive and negative given the minimum bid or price offer by banks. Aside from analyzing the value of the property […]