Archive for the ‘News’ Category
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The new Real Estate Service Act of the Philippines, Republic Act No. 9646 (RESA), will professionalize 30,000 practitioners in the country and develop a corps of competent consultants, appraisers, brokers and assessors, both private and public, who can maximize the potentials of the industry.
This was the pronouncement of Dr. Eduardo... ...read the full story
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With foreclosures at record highs, buying a foreclosed home might be a great deal, but the risk of getting a lemon also is greater.
Home inspectors don’t always catch all the flaws in foreclosed homes that have remained empty for months, if not a year or longer.
Here are the top areas, from air conditioning... ...read the full story
In this community that gives an unlimited horizon of possibilities, passion has found its true home.
During the daily toil and grind in these fast-paced times, most people often forget that living a meaningful life is giving time for one’s self to seek one’s passion. Whether for a simple hobby or a life-changing pursuit, finding the perfect sanctuary... ...read the full story
As a testament to its commitment to enhance the lives of Filipinos, Ayala Land, the innovator in real estate development, recently engaged the services of Globe Business to install, operate and maintain the telecommunication system and the telecommunication requirements of prospective residents and business owners of the 1,840-hectare mixed-use eco-community... ...read the full story
South Forbes Golf City is the country’s largest fully-integrated, self-sustaining, and all-themed golf resort development at the forefront of the Metro Sta. Rosa – Tagaytay corridor. It was awarded Best Golf Community Development by the 2007 CNBC International Property Awards, the world’s most prestigious property awards programme, and, recently,... ...read the full story
THE REAL ESTATE SERvice Act of the Philippines (Republic Act 9646), otherwise known as the Resa law, was instituted to professionalize and regulate the real estate practice in the country.
But the law that seeks to develop technically competent, trained and accountable real estate practitioners was recently met with criticisms saying it would deprive... ...read the full story
Move to boost agency’s collection of capital gains.
MANILA, Philippines—The Bureau of Internal Revenue (BIR) is set to increase the zonal valuations nationwide in a bid to ramp up tax collections from the sale of real properties.
At the BIR’s head office in Quezon City last week, Internal Revenue Commissioner Joel Tan-Torres met with revenue district... ...read the full story
A recent survey of American adults by Trulia.com and RealtyTrac found that almost everyone believes foreclosed properties offer deep discounts, as well as giant repair bills — and many assume they are very risky deals, as well.
Trulia’s consumer advocate, Tara-Nicholle Nelson, tells WalletPop that’s not necessarily the case. But, she... ...read the full story
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When it comes to the housing market for foreclosures, buyer beware.
“One mistake that we see all the time is buyers going in and assuming all the mechanicals are working,” said Brandon T. Johnson, president of GTJ Consulting in Roseville, Mich., which maintains foreclosed homes. “You have to... ...read the full story
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Whether it’s investors looking to buy cheap and sell for profit, or families who want to bring their renting days to an end, foreclosed homes have a sure market.
In the last couple of years, foreclosed properties being sold by banks have been gaining popularity on the idea that they fit more easily into... ...read the full story