Cebu Real Estate Information

Comprehensive information for empowerment of property buyers, sellers, and salespersons


Cebu Properties


SUN: 0922-255-6555 | GLOBE: 0915-511-3788
Email: cebubesthomes@gmail.com 

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CEBU CITY HOUSE AND LOT 

Acacia Drive

Jasmine 4BR
Kentwood Banawa H&L
Lily 4BR
Rose 3BR Duplex
Courtyards of Pasadena

Michael James Res
Murano 4BR Riverdale
Sapphire 3BR Riverdale
Emerald 4BR Riverdale
Riverdale Subdivision
Ruby 4.5BR Riverdale
Gavina 5BR Riverdale
Fatima 5BR Riverfront
Elaisa  5BR Riverfront
Drina   4BR Riverfront
Carmela 3BR Riverfront
Marga  2BR Riverfront
Sto Nino Village 1storey 
Cebu City Lot 180 sqm 4sale


  
CEBU NORTH HOUSE & LOT

Aduna Beach Villas

Amoa Subdivision

Anami Homes Jugan

Aspen Heights  (Lot only)

Casa Cerro Compostela

Casili Residences

El Montegrande 200 sqm Lot

El Monteverde de Cebu

Elizabeth View Homes

Florence Canduman

Garden Bloom Villas

Grania 2BR Bungalow

Lunah 2-storey 4BR

Mandaue Lot 7,825 sqm

Monte Verde House

Northfield Residences

Primavera Hills Liloan

Redwood Subdivision

Richwood Homes

The Heritage (Lot only)

Villa Melissa Liloan

Virtacci Hills

Yanessa Country Homes  


MACTAN HOUSE & LOT

Acasys Homes

Alegria Palms 1

Alegria Palms 2

Anami Homes Mactan

Astele

Bali Residences

Beverly Place

Blessed Sacrament

City Homes Mactan

CKL Homes

Collinwood Subdivision

Goldmine Residences

Happy Homes Soong

Island Homes

La Aldea del Mar

Modena Subd Lapu-lapu

Navona Subdivision

Pacific Grande 2

Park Place Twin Homes

Portville Townhouse

Solare

Summerville Cordova

Sunberry Homes

Teakwood Subdivision


CEBU SOUTH HOUSE & LOT
  

88 Brookside Talisay SRP

Azienda Firenze house

Azienda Genova 

4BR H&L overlooking sea

Baywalk Talisay

Beachfront house Talisay

Carmen Village Talisay

Fairview Village Talisay

City Homes Minglanilla

Malibu Residence

San Fernando 2.5 hec

South Covina

The Heights

The Villagio

Velmiro Heights

Villa Donna Talisay

Villa Purita Minglanilla

Vista Grande Overlooking

Woodway Townhomes 

 

CONDOMINIUMS

 Amisa Condo

Apple One Banawa

Arterra Residences 

Atelier Residences

Avalon Condo Ayala

Avida Towers

Azalea Place

Bamboo Bay

Bayanihan Flats

Bloq Residences Talamban

Bloq Residences Sikatuna

Bloq Residences Mandaue

Eagles Nest

Grand Residences

La Mirada

Midori Residences

Myvan Cityscape

Myvan Cityscape 2

Myvan Grand Tower

One Oasiis

Pacific Grande condo

Penthouse Woodcrest

Saekyung Village One

Like Rent to own Condo

The Persimmon

The Trillium Residences

Vertu Residences

Woodcrest 2BR condo rfo

 

RAW LAND FOR SALE

Casili Mandaue 7,825 sqm

SanFernando 2.5 hec. cheap


FOR RENT CONDO

HOUSES & APARTMENT

2BR apartment for rent in Mandaue

4BR aparment for rent Mabolo 

Studio condo for rent in Mandaue 6K

Studio condo for rent in Mandaue 8K

1BR condo for rent in Mandaue 10K

1BR condo for rent in Mandaue 15K 

2BR condo rent in Mandaue 20K

Studio condo rent Subangdako 10K

1BR condo rent Subangdako 12K

IT Park Lahug 1BR condo

Metropolis 4BR house for rent 40K

 



what are the requirements and procedures if I want to sell a pre-selling unit to a third party when the property is not yet fully paid.

 

If I purchase a pre-selling condo or house and lot by monthly installment, what are the requirements and procedures if I want to sell it to a third party when the property is not yet fully paid.

  

For pre-selling projects, the transaction always starts with a reservation fee and the document to be signed for this is the Reservation agreement. This document stipulates the provision of the coming contract to sell to be prepared and the agreed terms and conditions on the reservation money which are usually non-refundable, non-transferable and within 30 days period. If the equity or down payment required is agreed to be on installment basis like for instance 12 months to pay for the 20% down payment, the buyer is expected to start paying the monthly amortization immediately 30 days after the date of reservation and every month thereafter until such equity or down payment is fully paid.

    There are developers who require at least 15% of total contract price before a contract to sell will be provided while there are those who require that equity or down payment must be paid up before a contract to sell can be signed. Once the Contract to sell is signed and in your possession, you will now have right over such property. You can then sell it to a third party by signing a Deed of Assignment. Of course you will only sign a deed of assignment when you are paid back by the new buyer at the amount you require. If the price of the property has gone up, you can choose either to keep the profit (difference between new price or old price) or you can sell it to break even, or sell it at a little loss if you are in a hurry to close the sale and move on to a venture you want to use the money for. 

Discover the online way of money making career in Real Estate

By: Engr. and Real Estate Broker Manuel Jr Arengo 

PRC Broker’s License No. 0007808

Sun:     +63922-2556-555

Email:  cebubesthomes@gmail.com

Website: http://www.cebubesthomes.com

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