Real Estate Stories in Manila

Alabang Zapote Road Las Pinas Area near Alabang congested area or big room for real estate market?

2010-07-21T00:00:00.001-07:00

Alabang Zapote Road Las Pinas Area near Alabang congested area or big room for real estate market?

Alabang Zapote Road Area is not for Makati workers due to heavy traffic situation during rush hours (well do you know a Business District that is not experiencing heavy traffic?) well on this note Alabang zapote road is known that is why I simply don’t recommend Makati people buying in las pinas area.

Nevertheless, facts show that because area is full of businesses especially going towards alabang, SM southmall, newly Eurotel hotel, banks along like Banco de Oro, Metro Banks.

Alabang Zapote also passes through Alabang Madrigal business center, Northgate business center where advent new high rise condominiums and international businesses continuously grow. That aggrevates the congestion and heavy within alabang zapote road.

With this there's an increasing business demand office rentals and it continuously grow. Despite the high demand in office condominiums in the area, for residential it is still inevitable that people will still choose townhouses when especially if it it’s just 5-10 mins away to alabang coming from alabang zapote road or nearby area.

Alabang Zapote Road area is still the best place to live in when you have job or business in the alabang business center. Despite the traffic still you are in the vicinity.

Room for real estate market? Yes there’s a lot specially for townhouses you can anytime divert condominium buyers if the townhouse you are offering is just 5-10mins away from these business districts.

Price Constraint? You will be surprised that still the prices in this area is relatively low versus the residential near commercial areas in other cities in metro manila.

So if you are working from Alabang or do business in alabang why not try search for townhouses in near alabang zapote road.

Dealing with Real Estate Brokers and Agents when it comes to income

2010-07-04T19:04:00.000-07:00

I've been doing the real estate business in full time for the past for more than a year now. I've done small and big deals in the real estate. When i deal with my clients i make sure before i get everything when it comes to commissions or profit share im already done with my tasks.

If the the situation says that i will be the one to transfer the title- i make sure i already deliver the title under the buyer's name before i get the final commission. sometimes i get 50% or 70% of the commission first then upon delivering the title to the buyer.

Sometimes, the seller just want a copy of the capital gains tax receipt before they release your full payment. Real Estate brokers and agents don't get mad when your co-broker or the seller asks you to give them first the copy of the capital gains receipt before they give your full commission. This is to ensure that the seller is free from future problems with the BIR pertaining to the sale of the property.

By this way you will earn the trust of your seller or whoever you are dealing with.

Comparing this terms with the developers project, there are developers who give the staggered payment of the commission depending on the completion of the down payment of the buyer and completion of the submitted documents.

Our job does not end in the full payment or full downpayment of the buyer but on the completion of the required documents relative to the transferring of ownership.

Ok, you may say that you're not the one incharge of transferring but at least get updates or get in touch up to the end of the transfer.

Becoming a broker/agentrequires documentary works and not just spit as other people say that our capital is just a spit. I dont believe in that. Our capital is our Credibility that we are not just here for the money but to really serve them well because that is the time you will fulfillment in every deal comes in.

Dont Just Be There for the Money, Be there to truly serve and that is upon the completion of all the documentary works.

Inspiration from Real Estate Buyer and Real Estate Seller

2010-05-11T04:02:00.000-07:00

Today I had a meeting with two wonderful people. My malate property buyer and seller.

Malate Property Buyer

He is a successful businessman for twenty years in his niche business. What's so inspiring with him is that he did not even take college course. He just finished secondary school. When i asked him if he took courses on how to run the business .. he said "not at all" purely by experience and maybe some question and answer from the elders.

Moreover, his workers are with him for like 18 years .. wow! that's wonderful. Meaning he has manage to get the trust of his employees. As well as he managed to become a giant in his industry. Now he already achieved so much in his business trying to expand through other business, im so blessed to be part of it- in real estate business.

Malate Property Seller

She is a very humble and helpful woman. They acquired their properties by providence and proclamation of their desired property. For example, the building where they hold their office. Before they just pass by to the lot and proclaim that it will be owned by them. Indeed in 1983 when people are in chaos and all are going out of the country because of Ninoy's death. That property was sold by the seller who wanted to left the country immediately. so they bought the property at a very cheap price.

The property that was sold was their ancestral house in malate. She is liquidating their properties to help the poor in Isabela where she came from and help her sons uplift their well being.

Moreover, I've already sold her 3 properties in less than 10 months. Now, she trusts me to sell all properties that she wanted to liquidate becoming her exclusive broker. :-)

These two people are very inspiring. Their achievements and goals nourish my social responsibility to help others and the thought of becoming wealthy is not equated to the degree of education but by actual experience.

What is it for me?

I really love my work. Aside from the earnings, i've got to learn a lot of things through the experiences shared by the buyers and sellers of real estate properties. I love to listen to their stories of how they achieve their wealth and giving back to the poor and employees. Their experiences help me make sound future plans.

Parkview Homes Sunvalley Townhouse For Sale 2,180M

2010-04-25T08:32:00.000-07:00

Eden April Alemania owns this townhouse in a very nice place in Paranaque... can be a very nice love nest of newly wed couple. Check this out

Parkview Homes Sunvalley Townhouse For Sale 2,180M

Sales Strategy: Closed a Sale in 7 days

2010-03-17T22:01:00.000-07:00

I made a mistake in my previous statement that im working on big ticket real estate deal and will close on March 22 - I closed it March 12, 10 days earlier than what i thought.

My client is leaving on March 16 and will be back on March 21 and he said that he'll make a down payment on March 22. However, maybe because of my excellent sales strategy gave him a sense of urgency to give the earnest money the soonest.

Sales Strategy

I've learned this from the Zig Ziglar book " Secrets of Closing the Sale". Dont you dare try to close a deal without showing or making the client understood the value of the property. Once you've done this then try to close the deal - if i may add to this try to close the deal with sense of urgency.

In the law of supply and demand in the perfect market (thank you engr cruz for reminding me of this theory) if there's a lot of supply of the commodity in the market with the same demand the price goes down and if the supply is less with the same demand the prices goes up.

In our case the supply is the commercial property in ma. orosa st. malate and there's no other property in that area is being sold at the price we are offering therefore our supply is only 1 commercial property. The case is this, the property has not been published for sale and it was the only time the seller decided to sell the property when i told him i have a client who is looking for the property.So it was 1st hand decision that the buyer gets the opportunity to see the commercial property being sold for the 1st time and if he did not make any move to hold the property, we will publish the property in the newspaper that it is being for sale and inquiries will come, offers will come, the probability that the buyer will get it from the seller will be lower.

The buyer knows that he cant hold on to the property by just words that he'll buy it he should make down payment at the soonest.

This is how fast the deal was done:

March 6 - visited the property and made an offer
March 8- i met the seller to formally give the offer; get all the documents
March 9- gave the copy of titles, lot plan and others to the buyer and computation of payments
March 10-11 - buyer made his personal verification
March 12- down payment

I closed the sale in seven (7) days.

I look forward to closing more big tickets. Make a sale turnover faster than i think.
See you on Top this year of 2010.

Be on TOP this year 2010

2010-03-09T16:48:00.000-08:00

Yes this is my first entry this 2010 it is because i spent time planning and working to be on top this 2010.For the past months below were the things that i have done..

Last January 5 i made my first sale in real estate for 2010 and

January 16 had wedding coordinator job for a high school friend Mark Anthony Duma (yes im a wedding coordinator on the side more details? click here

January 29 had again a wedding coordinator job for my real estate mentor and partner Eden April Alemania

Feb 1-20 payback time to an old company where i worked for 4 years as Sr. Marketing. I worked there for 20 days for the valentine season as you may know they are the biggest supplier/producer of roses here in the Philippines www.islandrose.net that's their website

March- Im just simply back to my real estate job. Working on big tickets... and will close on March 22.

In those past months i have learned a lot in my deals... im close to my targets... see you on top this year of 2010

Tagaytay Tourist's Haven this Christmas Season

2009-12-19T23:16:00.000-08:00

"It's indeed a peak season. The populatio of the city is only 60,000 but it rises to 200,000 on weekends with the tourists who vist the city on weekends"- Ms. Leilani D. Diesta,local public information officer An article from Manila Bulletin today December 20,2009 of Antony Giron
-

Indeed this Christmas season Tagaytay has become the tourist's haven to rest and enjoy the holidays. With the devastation of some areas in Baguio, Tagaytay has become the best alternative tourist destination.

Rest house owners, hotel owners, and other rental businesses in that city ensures notable increase in income at this time of the year.

No doubt, that real estate properties in tagaytay city and nearby towns receiving the same climate around tagaytay like Alfonso,Esperanza,Mendez will continuously be sought of by OFW who just came home at last,Foreigner with Filipina wife,Retirees and all people seeking a colder climate than manila with beautiful panoramic view.

It's never to late to invest in this kind of tourist destination city near metro manila.

Pay Real Estate Taxes for 2010 before December 15 to get 20% discount

2009-12-10T23:06:00.000-08:00

Before each year ends City government gives 20% discount for early payment of taxes for 2010.

So if you have a lot of real estate properties. Go now and send someone to pay your taxes.

Just bring a photocopy of your previous realty tax reciept.

(from LGC of 1991, RA7160)

How Much Do I need to pay in Realty Tax

1. AMOUNT OF REALTY TAX (Basic)

In provinces- not exceeding of 1% of the assessed value ((check on your tax declaration you can see the assessed value)
In cities of municipalities- not exceeding 2% of the assesed value

Special Levies (special taxes imposed to a real estate properties)

1. Special Education Fund Tax (SEF)- a special levy of 1% of the assessed value

2. On Idle Lands- A province of city or a munnicipality within the Metropolitan Manila area may levy and annual tax on idle lands at that rate not exceeding 5% of the assessed value.

What are the real estate properties considered idle lands?

a. Agricultural Lands, more than 1 hectare in area, suitable for cultivation, dairying, inland fishery and other agricultural uses one-half (1/2) of which remailn unclutivated or unimproved by the owner or the owners thereof.

b. Agricultural lands planter to permanent or perennial crops with at least fifty (50) tress to a hectare-50 trees:1hectare shall not be considered idle lands, including lands actually used for grazing purposes.

c.Lands, other than agricultural more than 1,000 sqm in area, one half (1/2) of which remain unutilized or unimproved by the owner of owners thereof.

Regardless, of land area, residential lots in subdivisions duly approved by proper authorities , the ownership of which has been transferred to individual oweners, who sahll be liable for the additional tax: Provided, however, that individual lots of such subdivisions, the ownership of which has not been transferred to the buyer shall be considered as part of the subdivision, an shall be subject to the additional tax payable by subdivision owner or operator (Sec 237 of LGC)

3. The Special Levy on idle lands does not apply to tha landowners who are unable to improve, utilize or cultivate their landds due to any of the following causes:

a. Adverse peace and order condition in the place where the land is situated.
b.Financial losses of the owner due to fire,flood, typhoon,earthquake, and other causes of similar nature;
c.Unfavorable physical factores such as rocky nature of the ground or uneven topography in the use of agricultural land which render the land unsuitable for cultivation.

4. Special Levy by Local Government Units- On lands comprised within its territorial jurisdiction specially benefited by public works projects or improvements funded by the local government unit: provided the special levy shall not exceed sixty percent (60%) of the actual cost of such projects and improvement including the costs of acquiring land and such other real property, provided special levy, shall not apply to lands exempt from basic real property tax and the remainder of the land portions of which have been donated to the local government unit concerned for the construction of such projects. (Number of annual installment to pay the special levy, not less than 5 years or more than 10 years (SEc 240,241 LGC)

Exemptions from Real Property Tax

1. Real property owned by the Republic of the Philippines or any of its political subdivision except when the beneficial use thereof has been granted to taxable person;

2. Charitable institutions, churches, parsonages, convents appurtenant thereto,mosques, and all lands, buildings, and improvements actually, directly and exclusively used for charitable religious, or educational purposes;

3. Non-profit or religious cemeteries or burial grounds;

4. Machineries and equipment that are actually, directly, and exclusively used by local water district and government owned or controlled corporations engaged in the supply of water and/or generation of electric power;

5. All real property owned by duly registered cooperatives as provided for under RA No 6938 and

6. Machineries and equipment used for pollution control and environmental protection

THINK RICH PINOY E-BOOKS

2009-11-25T22:32:00.001-08:00

Think Rich Pinoy E-Books For Sale

happyhomes.sulit.com.ph - Wednesday, November 11, 2009

2009 © Sulit.com.ph

Gems in Real Estate

2009-11-21T01:22:00.000-08:00

Gems in Real Estate Investment

Are you having a hard time deciding on what investment to do? Do you have small savings that you wanted to earn more out of it? Read more and find out…

Dolf De Ross posted in his book Real Estate Riches the contrasting points in real estate and stocks .He showed that the property is not just as good as other investments, not just a little better but hundred times better than the other investments. Why?

For example you have a 200 thousand pesos and just for the sake of simplicity let’s ignore the brokers fees and commissions. With your money you exactly can buy 200 thousand pesos worth of stocks (where in you become a part owner of a company through buying some of their share). Though that you can also buy stocks in margin (ei below the required investment but getting the same rate of return but with very limited number of stocks and if the of stocks go down in value, investments houses make a “margin call” that means you need to pay add a portion of the plummeted value. The fact here, is that in stock market you need to pay the entire purchase price in CASH. Thus, nearly to say 200 thousand pesos will buy you exactly 200 thousand pesos worth of stock.

Now here’s the gems in real estate, you can actually buy a 800 thousand worth of property from your 200 thousand pesos by taking out 75% mortgage. Also, You can buy a 1 million pesos worth of properties buy taking out the 80 percent mortgage. Right?

At first we’ll think that buying a million worth of property it’s beyond our financial capacity limits, not in our comfort zone others may say. This maybe because of the interest rates from the bank or don’t have enough cash to pay the full purchase price. But here’s a fact beyond buying a million worth property using your 200 thousand pesos, you would have and ASSET worth of a million that would generate a RENTAL income for you and let that income work in paying mortgage at the bank or pag ibig. Right?—so thus you’re creating more of your wealth from your 200 thousand.

Now going back to the with stocks, you basically have to invest the entire purchase price (ei 200 thousand pesos for 200 thousand worth of stocks) but when you buy a property you generally let financing institutions help you that offers to lend you money to a secure investment -real estate, you can actually have more or less a million worth of ASSET from your 200 thousand pesos. Moreover, you are getting a very low risk investment. To simply see the table below:

Now let’s see who are the richest in our country today.Isnt it the real estate owners and developers?

Henry Sy for example from a shoe retailer have moved on to Real Estate. He bought strategically located real properties specially thickly populated build a shopping center: earn rent from tenants and earn profits SM products

The Ayala and Zobel, the Consunji well known names in the field of real estate. I am sure they have not bought all their real estate properties in cash they’ve also used financial instutions.The lesson is clear invest in a secure investment-real estate. Use financial institutions to leverage in real estate. Convert your property to generate income. Isnt it there’s gem in real estate investment?

Ponder on this…and let me know your thoughts about it…

(Toast Master Project Speech #9)

Invest in Real Estate Properties while you are still Single

2009-11-19T20:47:00.001-08:00

Invest in Real Properties while you are still single.

Most of us being single means..watching movies, new clothes, new shirts, bar hopping... tours with friends...weekend dinner or monthly expensive dinner to treat your self because you are working so hard and so thus you have to spoil your self ... then what? broke before the next salary comes in.

But how would you feel to be tagged as Single yet own a real estate property even just the smallest piece of lot somewhere out of nowhere? You'll be more confident right? When you are single especially the man is more comfortable of courting a woman if he owns or currently investing in real estate property. It gives you the impression of being Responsible which i think most of the women look at to. Even in single women, you'll attract guys if they'll know you are already investing your own real estate property (dont worry good guys wont be interested your properties because they know they have to provide their own).

What i am driving at is why not delay expenses that goes out of your pocket and start spending money that in the beginning goes out of your pocket but in the future may give income more importantly Single with real estate properties equate to being RESPONSIBLE and being INDEPENDENT. That is you are preparing your self in the future. ====================================================================================<
Check this townhouse near metro manila for as low as 7,835 per month

Refer and Earn Unlimited Income

2009-11-19T18:57:00.000-08:00

Refer and Earn Unlimited Income

Do you know someone who is renting in Metro Manila?
Do you know someone who is working in Makati, For Bonifacio, and Taguig who wants to own a house and lot or Condominium?

Earn through referring your friends,officemates,or relatives. Be our IREFER EXECUTIVES

How Much will you earn? At the Least is 1% of the Total Contract Price. For Example: 1,000,000 x 1% = 10,000.000 earnings. This will go directly to your account.

How do I start?

Send me an email and i will give you your own online referral link where you can update each time you have a referral.

It doesnt matter whether you are working abroad or here in the Philippines. What matters is that you give us the contact details of the person you are referring.

For more details send me an email:

Marivic Salva-Angeles
happyhomesph@gmail.com
ym:avhic_salva

Townhouse Near Manila: Lessandra Molino Townhouses of Camella

2009-11-19T18:04:00.001-08:00

Lessandra Molino- just another Camella project. Located in Bayanan, Bacoor Cavite.
REANA townhouse (photo above): Floor Area: 40 sqm Lot area: 36 sqm. There are other house model that you can choose from... but this house model is i think that best suits to the young professional, starting a family.

For In- house financing
Just 7,500 to reserve. then pay the 15% in 18 months for as low as 7,835 per month. 85% for 20 years 9,267

Pag- Ibig Financing
Just pay 7,500 to reserve then pay 24% in 18 months at 12,785
Balance 76%: for the 1-2 years 6,055 and 3rd- 30 years 9,553

How to Get there?

Commuters: From Makati Ride an MRT or Bus to Pasay Rotanda at Metropoint Mall

At Metropoint Mall basement there is a van savers/mrt-paliparan which will pass through the Camella bayanan.
Across Metropoint there’s jeepney and van savers/mrt-paliparan route just tell the driver to drop you at Camella Bayanan
If you are coming from Baclaran there’s van in front of Mcdonalds baclaran-paliparan route
just tell the driver to drop you at Camella Bayanan

I have seen near Manila properties of Camella. I have been to the projects in Las Pinas, Bacoor, and Daang Hari Projects. I was very happy looking at each project - feeling, tasting the life inside the model houses. But objectively, i've chosen a project Lessandra Molino of Camella which i think best suits the young professionals, newly wed, renting individuals who are looking for house and lot near to Makati CBD, Fort Bonifacio area, Ortigas.

Own this house and Lot Contact

Marivic Salva- Angeles
Real Estate Broker # 02449
0922.810.17.09 or 0916.304.5541
346.18.11
Ym: avhic_salva
email: happyhomesph@gmail.com

P.S. Help Others to find their dream home and Earn!

Pag Ibig HOusing Loan: Easy Steps

2009-10-25T21:32:00.000-07:00

Steps on how to apply for a Pag-IBIG housing loan for retail financing: http://www.pagibigfund.gov.ph/sp_retail.htm

Attend a loan counseling session at the Pag-IBIG office and accomplish a Preliminary Loan Counseling Questionnaire, Housing Loan Application (HLA) and Membership Status Verification Slip (MSVS). If eligible secure checklist of requirements (requirements would depend on the loan purpose)
Submit HLA with complete requirements. Pay the processing fee of P1,000 (non-refundable)
Receive Notice of Loan Approval/Letter of Guaranty and sig loan documents.
Proceed to the BIR and present Deed of Absolute Sale (DOAS) between the owner of the property and applicant for payment of documentary stamps and capital gains tax.
Proceed to Registry of Deeds for payment of transfer tax and registration fees for the transfer of the title.
Proceed to Notary Public for notarization of Loan Mortgage Agreement (LMA) and annotation of mortgage with the Registry of Deeds and to Assessor’s Office to secure new tax declaration in the name of the applicant.
Secure Occupancy Permit from the Local Government Unit Engineering Office when the loan is for any of the following purposes: Purchase of new Residential Unit (PRU), Purchase of Lot and Construction of a Residential Unit thereon or for House Construction only.
Submit the following documents to Pag-IBIG:
• Original Transfer Certificate of Title (OTC) in the name of the applicant with annotated mortgage
• DPAS with original RD stamp
• New Tax Declaration in the name of the applicant
• Updated Real Estate Tax Receipt (for house and lot, if applicable)
• Occupancy Permit (if applicable)
• Assignment of Loan Proceeds (it could be to the buyer or to the seller)
Release of loan proceeds in 3-5 days upon completion
Start of monthly amortization is the following month immediately following the loan take-out/final loan release

Rosewood Pointe Condominium: Ivory Tower New Turnover Date

2009-10-11T16:58:00.000-07:00

Just another milestone for DMCI Homes a new turnover date for Rosewood Pointe Condominium instead of December 2010 it's new turnover date is on February 2010.

Buyers at the beginning of the construction and took the terms with December 2010 got to take hold of that opportunity to use the condomium 10 months ahead of time.

Watch out for new properties the DMCI HOmes will offer the trend of turning over the condominiums earlier that projected time is vivid indication where to put in your money that doubles the value in time...

Real Estate Properties in time of Crisis

2009-10-05T08:36:00.000-07:00

Real Estate Properties in time of Crisis

This week i recieved two referred clients. An urgent need to buy metro manila condominiums because they were flooded during the typhoon Ondoy.

Flooding areas in metro manila are getting wider wider in coverage because of human negligence in taking care of our environment. But where in the flooded area in Metro Manila would you suggests people to buy?

If the buyer still wants to live in the city suggests consider living in condominium. 2-3 bedroom condominium fits small family while newly wed couple best fits in studio unit condomium.
On the hand if the family is extended consider offering unflooded area in cavite like molino dasmarinas, and laguna areas. Old people best fits here because in these areas you can still breath air with morning dews. This area also fits for people working in makati pasay and alabang . Transportation access in cavite is now few minutes away from your home with straight drive to makati alabang or pasay.

Expect 15-20% increase in sale of real estate properties for condominiums in Metro Manila. While House and Lots in the areas of Cavite and Laguna

Crisis is an opportunity to love other people and great opportunity fto help others. For real estate brokers this is the time to test your patience in search of hot spot and good buy properties and making sure not included in flooded area.

Can I buy Tax Declared Properties?

2009-10-01T17:39:00.000-07:00

Yes. by virtue of Administrative Order No. 2003-06 of the Department of Environment and Natural Resources, certain islands that are tax declared can now be titled for as long as they are classified as alienable and disposable because of the recent lifting of the moratorium on the disposition and granting of any title, concession, permit or lease on all small islands nationwide. .
But there are properties that cannot be issued titled.

Make sure you are dealing with Licensed Real Estate Brokers in the Philippines that have checked the tax declared property for you.

Metro Tagaytay Properties

2009-09-29T06:00:00.001-07:00

Metro Tagaytay Properties

Real Estate Agent Bypassers

2009-09-29T03:57:00.000-07:00

Real Estate Agent Bypassers- there's alot in real estate industry specially when you are dealing with big transactions. How can you take hold of the seller and the buyer so that you are sure that you will not be bypassed, one word-trust. There's one transaction i had that the staff of the buyer would want to bypass me as a broker. Since i have summitted all the documents to the company, so they know the location and name of registered owner through that documents. That staff was instructed to have ocular visit first because the buyer has just arrived from London and scheduled to visit the property a week later. That staff was also instructed to call ME as the broker first before she visits the property.krrggggg my phone rang and heard a tone of disappoint from co-broker " Marivic your buyer will visit the property tomorrow! Do you know this?" and i replied that i dont know."Upon checking it was the staff who directly called the seller will visit the property without telling hmmmm!!!! something fishy... obviously she/he wants to bypass me.It's good that the seller trusted my group who initially visited the property and advised us that someone will go visit the property from our buyer. The seller asked us to be present at the time visit of that "unscrupulous staff". It's good also that my friend who is very close to the buyer and that the buyer gave the assurance that we hold that property.

Lessons:1. Guard the property you are selling from unscrupulous bypassers
2. Make sure that the direct seller and direct buyer trusts you or the person you are with. I tell it is more than written agreement.

Real Estate Broker Credibility Test Story

2009-09-28T17:16:00.000-07:00

I think all brokers and agents will come to this test in their real estate journey:

Friday i had an instant client tripping in alfonso cavite-metro tagaytay area. I said instant because we were not supposed to go there in alfonso but in calaca. Because of the bad weather, my client asked me to show property near tagaytay and i call my friend immediately and asked if there's any and fortunately their neighbor who is also an agent told her that he has good property for sale.

So there we went to the property (without me inspecting the documents yet, but not to waste time because we were already there in tagaytay i showed to her the property being told). Fortunately, the property was very nice in location and planted with different fruit bearing trees, cacao, pepper and others it's 15 minutes straight way path from tagaytay-nasugbo national highway. Offer price was 600 per sqm relativelu cheaper with content and area of the property... other property there is being sold 800-1500 per sqm . So i told the buyer it's really cheap.

The following day, the buyer called me and asked me if the documents of that said property is ok... unfortunately i told her that i cant tell it yet not until i scrutinized and checked the documents by my self on Monday. She said that if i tell it so that the document is ok she will put in 1 million cash down payment immediately wow!!! (cash in! cash in!)

Happy as i am, i went to alfonso with to check the property documents and meet the owners. To my surprise.. the property is named/titled to the late father of the sellers. My jaw dropped because i know we'll be working on a very high expenses to make sure the documents are legally transferred to sons and daughter of the late property owner. But the sellers (daughter and sons) suggest that we would just forged their father's signature anyway it's their father and no other people would claim to the property and told me that is the "norm" there in their area ...

it's their norm but not my norm . I told them that im sorry i cannot go enter into contract with these documents not unless you will settle every thing in legal way. Im a licensed broker and i dont want to put my name in that contract knowing that it's not legally transferred, that's all end of conversation. At that moment i know im loosing "cash in!" but i know i will earn double or tripple in God's time.

The only solution to that is to have extra judicial settlement of all properties left by their father and that would cost them alot... that's the only time i can offer to sell their property.

It's good that i saw one of the city councilors who is also a good friend of mine in nearby city and asked it she is selling a property near tagaytay- wallah! there's one though a higher amount but worth much more than we initially offer. Now i just have to pray that the buyer will also like that property which i think she WILL.

Lessons:

1. NEVER show property to your client without you scrutinizing the documents of the property.
2. When you know that your credibility- obviously is being test immediately turn it down with all your heart- follow the narrow gate remember? because it is the gate to heaven.
3. Always have an alternative property to show and that alternative property, documents has already been checked.

Tayuman, Sta. Cruz, Manila Traffic of People

2009-09-23T17:25:00.000-07:00

A Balikbayan couple toured us to their property that they wanted in Tayuman Manila which i havent visited i guess for sooo many years. The couple i am with are retired bank employees in the US, they've been there in the US for almost 30 years and Tayuman is their hometown.

Tayuman manila is a place known in selling catholic sculptured statues, as you pass along the streets you can see a very busy street. The balikbayan couple commented that it's just the same place where they used to pass by before and new buildings were built but there are more people around the area.

There's LRT station Tayuman which makes the place more accessible to people. Landmarks in the area are University of Sto. Thomas, SM San Lazaro, Department of Health which makes the place busy. Any street we go in has small businesses in that small area. Mixed community are in there.

The place we went to is just across the Tayuman LRT station where jeepney passes 24x7. It's a 800 sqm lot along the busy road of Tayuman. Ideally it's best for development of new townhouses, a supermarket, children school.

To top it all Traffic of People in Tayuman grows bigger as the years go by relative to the increase in countries population. Just another highly commericialized area in Manila which is a best place to invest your money into.

SEMCON BLOG CONTEST '09 Maves Salva- Winner!

2009-09-21T08:47:00.000-07:00

Yehey! Marivic Salva a.k.a Maves Salva wins SEMCON Blog Contest '09

Im so grateful to win in this contest of 9,500 worth of seminar about internet marketing in Hotel Intercon Makati. Click her to read my winning entry

I would like to thank sir Abe of Yuga Tech for choosing me as one the winners Click here to show the list of winners .

Charles Licup of Nitro Franchise introduced me to this SEMCON event, the reason why i joined the blog contest. He was really into internet marketing while im focusing on my real estate ventures.. He told me that we best combine our focus real estate and internet marketing therefore we needed the seminar.

Thanks God for giving me inspiration to write and learn more about internet marketin through winning this contest. Maves Salva Winner! My first ever attempt to join any online blog contest. Again, Thanks sir Abe and Charles!

I look forward to learning more about internet marketing and apply it in real estate marketing.

Love Truly and Be Inspired to Live!

New Offering of DMCI Homes Cedar Crest Condo Taguig

2009-09-20T20:29:00.000-07:00

Cedar Crest Condominium in Taguig Whoah! a new offering from DMCI homes. all 2 bedroom condo units near global city taguig. Construction of the building will start soon so better be up there to take advantage of it's low price, Cedar Crest Taguig. Dont wait till the building rises up to the middle before you buy because im sure the price already rises up too.

Investing in new offerings of a well established developer is another option in real estate investing. You are able to take advantage of the offer price then soon as the building finishes it's amenities check an estimate of 5-7% increase in price, plus plus... an almost 2.4M additional worth of property be listed in your assets...

Turnover time is on 2011 but knowing DMCI homes they do not just completely develop but more importantly finished projects ahead of their projection. For example, Tivoli gardens in mandaluyong, the 3rd building HELICONIA is supposedly be turned over on december 2011 but they're up to February 2011 only - 10 months earlier. Isnt it good developer to count on?

How about their price? They're prices are much lower compare to other developments in Metro Manila condomiums. Say for example, Cedar Crest initial price offering at 2.4M 50sqm 2bedroom condo which is 3mins away from Global City Taguig where condos at 50sqm is around 5M- doubled the price.

Most market of the c5 projects of dmci homes are workers of global city taguig. and newly wed couple working in makati area, mandaluyong, alabang. Possible also for retiring people, this is a resort type development wherein you can really relax with it's swimming pool, gym, greenery while in the middle of metro manila.. ..so near to the manila pride of Global City which is tagged to be the Philippines' Litte Hongkong... so near the Makati Central Business District, a fully developed business capital of the Philippines... most especially so near the place where you grew up...so near to your relatives and loved ones.

Take hold of the newest property and find happiness in the advantage of it's low price..

Love Truly and Be Inspired to Live!

Real Estate Mentor: Larry Gamboa meets the neophyte

2009-09-20T19:38:00.000-07:00

It's a Sunday, my date time with the Lord so there i was at the food court of valle verde waiting for the next session of FEAST ( weekly festive celebration of holy mass and inspirational talk of bro. bo sanchez). I saw my virtual mentor Larry Gamboa ( i always tell his virtual mentoring is through his books which until now i keep on reading... i've already read it for like 4 times). So i waved hands and gave the biggest smile and to my surprise he approached me and made a small chat... perfect!!!! Time for me to remind him two things:

1. The think rich pinoy payment page, the seminar date supposedly is on November 28 but the payment says it's aug 1. ( I've checked it last night it's already fixed so you can reserve now for the seminar)

2. Ask him to be my mentor (already got the courage-- check on this why i already have the courage). I found relief when he says a loud "YES! email me so that i can send you the questionare!)

So the Expert Dr. Larry Gamboa meets the neophyte Mavic so there's more than meets the eye. it's BUSINESS!!!

"Love Truly and Be Inspired to Live"

Sales Tip: Sell your self to Property Sellers

2009-09-11T04:59:00.000-07:00

Yesterday I recieved 3 missed calls, 2 messages from a Seller Friend. I just met him because he is selling his property. Unfortunately, i was not able to answer his call immediately because i was sleeping tired of 3 days out of town client tripping so today i declare my rest day- it was mid afternoon of thursday. When i called him back he told me immediately " Mavic isnt it Fred __- is your client" I said Yes. He remember in one of our conversation the name Fred__ made an inquiry through texting. Then he said " You know what i have just met him, he went straight directly to my property to see it. Do you know that he is coming? he said. Then I replied, no... Then he said "Dont worry ill credit the sale to you". Amazing!

In short.. even though the buyer goes directly to the property and if the property seller already bought your personality as broker and stand by it, trusted you and made professional agreement with you - then they will remain loyal to you even though the buyer is not loyal haha...

Just another story of trust: seller- real estate broker

"Love Truly and Be Inspired to Live!