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Electrical misuse is No. 1 cause of fires in Cebu City BEWARE of “octopus” connections, substandard Christmas lights and cooking fires that go unattended. These are some of the reminders of the Bureau of Fire Penology (BFP) in Cebu City in its daily visits to barangays. In mid-October, Cebu City Fire Marshall Aderson Comar and […]
Cebu Company Wins Water Project MANILA, Philippines — Cebu Bulk Water Resources Inc., a Cebu-based water conglomerate was able to challenge the Ayala-led Manila Water Consortium based in Quezon City in its bid to develop the P1.55-billion Carmen Bulk Water Supply Project with the Province of Cebu. The other challenger, the Metro-Maynilad Consortium of Makati City, […]
Ayala investing P1B on first high-end condo project in Cebu By: Marites S. Villamor Business World November 19, 2010 CEBU CITY — Ayala Land, Inc. will invest around P1 billion on its first upscale condominium development in Cebu. Ayala Land executives hope to get the license to sell all 109 units of 1016 Residences — […]
Real estate boom in Cebu to take peak in 2011 CEBU, Philippines – As big and small developers started to pour in their investments in 2010 to dramatically change Cebu’s real estate landscape, the year 2011 ushers in a new dimension of the industry’s boom. The renewed confidence of investors and market for the Philippine […]
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 […]
HOW TO MAKE YOUR HOUSE SELL FASTER In order to sell your house fast, it is necessary to prepare the house for sale in order to sell fast even in a down real estate market. Here are a few things you can do when looking to sell your home. 1)Talk to a real estate broker […]
How Competent Real Estate Brokers Ask Questions A buyer asks the agent, is this a good property? The agent then cites all the reasons for the property to look good of course with a motive of selling the property. But the buyers asks the same agent if another property in another subdivision is good, the […]
What are the Requirements for Bank Loan? BANK LOAN (General requirements of most banks, for specific, contact bank concerned.) If in the Philippines: * Income Tax Return (latest) * Certificate of employment with compensation * Business Permit (if self-employed) * Community Tax Certificate * T.I.N. (Tax identification Number) * Bank Statement (for the last 6 […]
Why is there a need of a Reservation Agreement when there is Contact to Sell, and why there is a need of a Deed of Sale when there is Contract Contract to Sell The Reservation Agreement pertains to the agreement that focuses on the terms and conditions on the payment of reservation fee. This is actually the […]
If I purchase a pre-selling condo or house and lot by monthly installment, what are the requirements and procedures if I want to sell it to a third party when the property is not yet fully paid. For pre-selling projects, the transaction always starts with a reservation fee and the document to be signed for […]
