Philippines Real Estate Tip: How to buy a house that won’t get flooded – INQ

Posted in Guides on October 10th, 2009 by admin | 1 Comment »

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

Pag-Ibig Housing Loan Program FAQs

Posted in Guides on October 8th, 2009 by admin | 7 Comments »

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

Philippines Real Estate Tip: Foreigner Wanting to Own Property

Posted in Guides on September 30th, 2009 by admin | No Comments »

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

Philippines Real Estate Tip: Lot Verification

Posted in Guides on September 23rd, 2009 by admin | 1 Comment »

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

Additional Pointers on How to Detect Fake Titles

Posted in Guides on September 11th, 2009 by admin | No Comments »

It’s not rare for one to hear of sob stories of Pinoy OFWs about their failed purchase of Philippines Real Estate property. One of the most common stories are those of fake titles of lands/houses in the Philippines which can altogether be avoided if we follow these additional pointers: Compare the original copy in the custody of the Register... ...read the full story

Verifying the Title of a Philippines Real Estate Property

Posted in Guides on September 10th, 2009 by admin | No Comments »

One of the worst things to happen to anyone when buying a Philippines Real Estate Property is to be given or presented with a fake title. In fact, here in the Philippines, Lawyer Asteria C. Cruzbara, the head of the Registry in Davao says their office gets three to four complaints monthly..which would mean 48 complaints on the average, and that’s... ...read the full story

Leasing or Renting a Philippine Property? What You Need to Know About Grounds for Eviction

Posted in Guides on August 26th, 2009 by admin | No Comments »

Are you one of the millions of tenants in the Philippines with no clue as to what reasons your landlady/lessor can and will state to evict you from said property?  Here’s a review: Under the civil code (when Philippine Property is not subject to rent control) You can and will be evicted for non-payment even for 1 month If the period of lease or... ...read the full story

Is Your Property Covered by the Rent Control Act of 2009? Read up!

Posted in Guides on August 26th, 2009 by admin | No Comments »

Republic Act No. 9653 or the Rent Control Act of 2009 covers: All residential units in the National Capital Region and other highly urbanized cities, the total monthly rent for each of which ranges from One peso (P1.00) to Ten thousand pesos (P10,000.00) and all residential units in all other areas, the total monthly rent for each of which ranges from... ...read the full story

Step 2: Before Buying A Real Estate Property

Posted in Guides on July 13th, 2009 by admin | No Comments »

You’ve managed to fulfill the requirements for step 1, Are you ready for step 2? 1. Check if the broker/agent is registered with HLURB. HLURB releases a list of registered brokers/agents who’ve been approved for the year. You can also call HLURB, or ask your agent ever so diplomatically if he’s registered with HLURB. If he or she is, they... ...read the full story

Step 1: Before Buying A Real Estate Property

Posted in Guides on July 11th, 2009 by admin | No Comments »

You can never be too sure when buying real estate property. Whether it’s a house or lot, condominium unit, apartment – there are thousands of sob stories to tell (including ours, unfortunately), of broken dreams, piled up cases in court and millions of pesos lost. This is your hard-earned money we’re talking about – and it doesn’t... ...read the full story