By: Doris Dumlao-Abadilla Philippine Daily Inquirer 08:36 AM February 27, 2017 http://business.inquirer.net/225332/tax-reform-seen-push-psei-beyond-8000 Enacting the tax reform program this year is the key catalyst that would bring the Philippines to a new economic “supercycle” that could lift the main stock barometer beyond the 8,000, the chief of BPI Securities said. Michaelangelo Oyson, in an investors briefing […]
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 […]
More Cebu malls sprout, expand CEBU is set to become an emerging shopping destination in the Philippines as existing mall operators are expanding and new ones are set to rise in the different parts of the province in the coming years. Ayala Center Cebu mall developer Cebu Holdings Inc. (CHI) president and chief executive officer […]
DEVELOPING A RESIDENTIAL CONDOMINIUM IN THE PHILIPPINES Before one develops a residential condominium, there are different studies to be done. There should be economic, policital, marketing, financial, engineering and environmental studies to be done. Then there are other requirements that should also be studied, such as the building standards, taxes, legal aspects, documentary requirements, traffic […]
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 […]
The following are the steps in transferring title from seller to buyer upon full payment of mortgaging of property 1) Land Tax Division – City Hall – seller should pay the quarterly real estate tax for the issuance of tax clearance. The requirements are the previous real estate tax and tax declaration. Processing time: one to […]
How competent Real Estate Brokers Ask Questions How to sell your house much faster Most common difficulties that brokers or agents experience with buyers
List of Requirements in Securing Building Permits How can a buyer purchase a property while abroad Steps in transferring title from seller to buyer Procedure for the application of bank loans What is the standard practice of sharing expenses for the transfer of title What can be done if the property is paid in full […]
Standard Practice in Sharing of Expenses in Real Estate Sale Does the buyer pay Value Added Tax? (VAT) Is a condo corporation mandatory in every condominium project? Consequences of non-payment of condo dues If buyer is delinquent in payment, can seller forfeit everything? If the property is bought by installment, when does realty tax be […]
“Due to the rising trend of tourism in that area of Cebu, demand for vacation homes has gone up. Owning a property in that area and having it rented is a good form of investment,” said Espina. On top of building 59 villas in its Argao Royal Palms project, PHI decided to add 396 walk-up […]