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QUESTIONS & ANSWERS IN REAL ESTATE

QUESTIONS AND ANSWERS IN REAL ESTATE 

 

  1. As we are from abroad for now, can we make the purchase online? What is the process and how safe?

  2. What are the interest rates in Pag-ibig loans and what is it's maximum loanable amount ?

  3.  What are the financing schemes or manner of payment available? 

  4. How much usually is the down payment in buying properties in the Philippines?

  5. Do I have to pay Value Added Tax? (VAT) , How much? Is it included in the price or on top of the price?

  6. Can a foreigner own properties in the Philippines? Land?,  Condominiums? In what way can he own one?

  7. How much is the monthly amortization. How is it computed?

  8. How much is the monthly association dues? For house and lot? For condominiums?

  9. Is it possible to avail of a loan with Pag-ibig? What if I’m not yet a member? How much can I loan ?

 10. Are these units presented on the website already built? Or still undergoing construction? 

 11. How does in-house financing compare with pag-ibig and banks?

 12. What are the requirements from Pag-ibig for loan application?

 13. What are the requirements from banks for loan application?

 14. What are the procedures in bank loan application?

 15. Why is there a need of A Reservation Agreement? Is there Contract to Sell when there is Deed of Sale

 16. What are the rights and obligations of a condominium unit owner?

 17. What are the consequences of non-payment of condo dues or association dues?  

 18. If the buyer is delinquent in his payments, can the seller/developer forfeit everything the buyer has paid?

 19. How much Realty Tax do I have to pay yearly for my property ?  How is this computed? 

 20. If I buy a property from a developer by installment, when should I start paying the annual realty tax?

 21. How much can I possibly loan with Pag-ibig ? How is it computed?

 22. We want to sell our house. How can we put it up as a listing in your site? 

 23. Why certain developers can offer no equity no down payment while others cannot when all their properties are financed through one and the same financing institution which is Pag-ibig ?

 24. What are the advantages and disadvantages of living in condominiums?

 25. What important information I should know before buying a condo unit? Will I get complete disclosure?

 26. I'm a former Filipino, now American citizen. Can I buy land in the Philippines?

 27. What issues I should be aware of before buying foreclosed property?

 28. What is the standard practice in the sharing of expenses for the transfer of title to new owner?

 29. Who has the right on the property in case of double sale?

 30. What are the most common difficulties that brokers and agents experience with buyers

 31. Is a condominium corporation mandatory to be formed in every condominium project?

 32. What can be done if I have paid the lot property in full but developer has not provided contract to sell?
 33. How are foreigners taxed in the Philippines? How much?
 34. if I purchase a pre-selling unit by installment, what are the requirements and procedures if I sell it to a third party before the property is fully paid?  
 35. Are Filipinos interested in renting a bare unit, or a fully furnished one, though the latter will incur more rental cost?  

 

Discover the online way of money making career in Real Estate

 

 


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