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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 […]

REAL ESTATE LAWS AND REFERENCES 5.15

Condo market ‘getting stronger’ DESPITE the global financial slowdown, the local housing market for residential condominiums has become “robust” now that more and more Filipinos are aware of the benefits of acquiring a condo unit. Primary Homes sales manager Ramero Espina made that observation, adding that there is now a high demand for residential condos. […]

REAL ESTATE LAWS AND REFERENCES 5.14

What are the interest rates in Pag-ibig and it’s maximum loan? The maximum loan now is 6 million pesos. The interest rate will now depend on the number of years fixing. 3 year fixing offers the lowest interest. This means that within 3 years, the interest remains the same, thus, the monthly amortization will not […]

REAL ESATE LAWS AND REFERENCES 5.13

REAL ESTATE: HOW TO STAY POSITIVE IN TODAY’S MARKET So many real estate professionals today are wondering, “How can I stay positive in today’s market?” Like any discriminating real estate professional, you realize the value of a positive mental attitude. Here are 8 ways that you can create and maintain a positive mental attitude in today’s market. […]

REAL ESTATE LAWS AND REFERENCES 5.12

How are foreigners taxed in the Philippines? How much? Non-resident aliens are taxed at 25% of gross income from sources within the Philippines if their stay within the country does not exceed 180 days in the calendar year. Otherwise, they are taxed on the basis of graduated rates as in (1) below: (1)     Taxable income from […]

REAL ESATE LAWS AND REFERENCES 5.11

How are foreigners taxed in the Philippines? How much? Non-resident aliens are taxed at 25% of gross income from sources within the Philippines if their stay within the country does not exceed 180 days in the calendar year. Otherwise, they are taxed on the basis of graduated rates as in (1) below: (1)     Taxable income from […]

REAL ESATE LAWS AND REFERENCES 5.10

How are foreigners taxed in the Philippines? How much? Non-resident aliens are taxed at 25% of gross income from sources within the Philippines if their stay within the country does not exceed 180 days in the calendar year. Otherwise, they are taxed on the basis of graduated rates as in (1) below: (1)     Taxable income from […]

REAL ESATE LAWS AND REFERENCES 5.9

New Trend in Real Estate – Buyers now prefer smaller homes Studies over the past few years have shown a solid trend regarding home sizes. Buyers today want smaller homes with smaller price tags. Recent global recessions have made many families rethink their budgets and lifestyles. So, this question is posed. How much space does […]

REAL ESATE LAWS AND REFERENCES 5.8

What are the issues that I have to be aware of before buying foreclosed property? Banks are always desirous to dispose the foreclosed property reagardless of what problems it entails for any buyer to assume. But many banks do have foreclosed properties that are still occupied by the owner who is presently contesting the legal […]

REAL ESATE LAWS AND REFERENCES 5.7

Would you like to know how much you can loan with Pag-ibig? If you know your monthly income that can be supported by pay slip or certificate of employment with compensation, multiply the net montly salary or net income by 40% and that will be maximum monthly amortization derived from the maximum loan you are […]