Archive for the ‘Guides’ Category
OWNING a real estate property and purchasing a house for sale in the Philippines have always been the dream of every Filipino breadwinner. Especially those who willingly take on the sacrifice of leaving family and country to work abroad for the proverbial better life.
But as recent as two years ago, a great number of overseas Filipino workers (OFWs)... ...read the full story
Whether it’s buying a house for sale in the Philippines or anywhere on planet earth, there are 7 Red Flags you have to look out for, accdg to Yahoo Real Estate, here they are:
1. Poor water pressure - it can mean several things – either your area has no proper or good water connection, or there’s something wrong with the pipes.
2.... ...read the full story
DEVELOPERS go through great lengths just to attract overseas-based Filipino property buyers, even holding road shows abroad to directly connect with overseas workers, whose dreams include owning a house and lot, and probably one or two more properties after they retire or return back home.
The country’s largest property financing agency Pag-Ibig and... ...read the full story
Foreclosures occur when the owner’s financial situation changes and he/she can no longer keep up her mortgage payments. Dealing in foreclosures is a specialty in itself. Those who understand the process do very well because, by definition, they are always buying wholesale. You have to spend some time learning the process before you can be good at... ...read the full story
Notice of Lis Pendens – the property is subject to a pending court litigation involving ownership or possession.
Writ of Preliminary Attachment – the property is being held as a security for the satisfaction of a court decision which maybe rendered against the registered owner.
Section 4 Rule 74 of the rules of court – the title was obtained by... ...read the full story
Check out what the State says when you find a pot of gold in your house or lot in the Philippines:
HIDDEN TREASURE
1. Hidden treasure belongs to the owner of the land, building, other property on which it is found.
2. When the discovery is made on the property of another, or of the State or any of its subdivisions, and by chance,... ...read the full story
By Tessa Salazar
MANILA, Philippines – See the glass half full, not half empty.
That’s how property experts view the recent spate of heavy rains on Metro Manila and the rest of Luzon. As what had been said in this section many times now, the onset of the rainy season should be the perfect time to look for property whether you’re planning to... ...read the full story
What is the Housing Loan Program? (Download the HDMF Circular No. 247 here)
The Housing Loan Program extends assistance to individual borrowers to finance any or a combination of the following:
Purchase of a fully developed lot not exceeding one thousand (1,000) square meters which should be within a residential area;
Purchase of a lot and construction... ...read the full story
Dear houses.forsalephilippines.com staff,
I’m John from Canada, and I wanted to know if foreigners can own Real Estate Properties in the Philippines? Are your rules strict with regards to this? A reply would be appreciated.
-John
Dear John,
As per our constitution, aliens or foreigners are disqualified from acquiring public and private lands... ...read the full story
You’ve done your search. You’ve pinpointed the Philippines Real Estate Property you’d like to acquire: in fact, you’ve narrowed it down to a lot somewhere in Laguna, just the right place to start your family. You’re about to make a purchase, but like every wise buyer does – you verify the lot first. Where do you start?... ...read the full story