Philippine Real Estate Question: Transfer of title taking too long

Posted in QA on November 3rd, 2011 by admin | No comments
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Question:

I transferred my mortgage from inhouse to bank, my question is…how long is it to process the transfer of title from my developer to my name? Am having an idea that my developer is taking it too long to process to enjoy their high interest rate. thank you in advance.

Answer:

It really takes sometime to transfer the title from the developer to your name. The developer will do it in bulk to arrange for transfer of titles of several properties. The reason is minimize expenses and save time. You have to do it yourself to fast track the process.

 

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