The All-New Real Estate Property Broker Ideal

Do you want to have a Mansion dream house, but you also don’t like mowing a lawn? Well, consider buying a condominium unit. A condominium is usually smaller and cheaper than a single detached family house. It can have desirable facilities as part of the Condominium Amenities like swimming pools and fitness gym. Because of these, condominiums or condo for short, are an excellent replacement for those first-time home buyer customers or those who are ready to downside their place.

 

Click for more Condo in Cebu.

 

So, if you want to make it a reality of having your condo, open a savings account. It is essential to start a savings account with a bank. Talk to your bank account manager about curiosity-bearing savings account that you can create interest repayments from the build-up.

 

Start assessing your salary and other sources of income. You need to know the amount of your monthly disposable income before you can keep the money to purchase a condo. For instance, how much can you set aside money to save monthly? If your extra earning is P10,000 a month, deposit that into your savings account.

 

I will give you some tips to save money. Cook your food. It will save you A LOT of money instead of buying food from restaurants. However, it would help if you had an extra effort like grocery shopping and cooking, but you will be responsible. You might become a good cook. We should admit sometimes we want to treat ourselves to dine, yes you can do it, of course, but do it occasionally and don’t make it a routine. If you want to eat out, look for discounts.

 

Another saving tip is, search for entirely free entertainment. Control yourself in some pretty expensive entertainment such as attending a concert, party all night at bars, and other activities that can hinder you from saving a considerable amount of money.

 

Stay away from shopping malls and stores, and most especially, online shopping. Ask yourself several times if you need it, but if you want it, no, don’t buy it. Buying non-essential stuff is not the perfect timing to shop for new outfits or the latest gadgets or whatever. The self-control of handling money is the MOST appropriate to do when you want to own a condo.

 

If you think your earnings are not enough, consider selling things you are not already using. Did you know it is the fastest method to get extra cash? Yes, you are not just earning, but you are also saving our mother earth.

 

You can also apply for a part-time job like beginning a home-based company or work from home. If you don’t have disposable income, search for a second job, or find ways to make money from home. Do your secondary job at nights, weekends, or any day that you are free.

 

Take a look at this website, Condo for Rent in Cebu. 

 

8 STEPS IN PROPERTY REGISTRATION OF REAL ESTATE BROKERAGE SALES ( From Individual Owner to new Buyer)

STEP 1: Secure an Authority from the buyer:

 

STEP 2: Prepare the following documents:

1. Deed of Absolute Sale (duly notarized)

2. Deed of Restriction ( for Property within a subdivision)

3. Original Transfer Certificate of Registration

4. Original Tax Declaration

5. Vicinity Map

6. TIN & Passport or Com. Tax Certificate of the Buyer/Seller

 

STEP 3: Secure a Certified True Copy of the TCT at the Registry of Deeds

 

STEP 4: Secure the following documents at the Assessor’s Office:

1. Certified True copy of the Tax Declaration

2. Certificate of No Improvements

3. Tax Clearance (requirement for Registry of Deeds)

Protect your Real Estate Investment.

BE SAFE. Deal only with PRC Cebu Licensed Real Estate Broker.

Visit us @ https://www.cebubai.com/5-step-guide-on-title-transfer-in-the-philippines/

STEP 5: Submit to the BIR all the necessary documents in 3 copies (1 orig. & 2 photo copies including receipts) except the Tax Clearance.

1. Secure the Assessment Sheet from the Officer of the Day or Examiner for the amount of taxes to be paid.

 

2. Prepare the payment of Taxes ( BIR Form 1706 for CGT), BIR Form 2000 for Documentary Stamp Tax for the buyer.

 

3. Proceed to the Updating Officer to verify the TIN of the Buyer and Seller, if the TIN is updated.

 

4. Proceed to the Bank for payment of the CGT & Doc. Stamp Tax.

 

5. Submit to BIR the validated BIR Form 1706 and BIR Form 2000 or receipts if any.

 

6. Wait for the release of the CAR (Certificate Authorizing Registration)

 

STEP 6: Proceed to Land Tax Division for payment of Transfer Tax (0.5%)

1. Submit photo copy of the Deed of Sale and Tax Declaration

2. Pay the Transfer Tax (.5%)

 

STEP 7: Proceed to the Registry of Deeds for Registration.

1. Submit the CAR (2 copies)

2. Deed of Sale and Deed of Restriction

3. Tax Clearance (2 copies including receipts)

4. Original Transfer Certificate of Title

5. Submit the Photo Copy of the validated BIR form 1706 / 2000.

6. Pay the Registration fees.

7. Wait for the release of Title.

 

NOTE:      Keep the Claim no. for follow-up and present a valid ID in claiming the title.

 

STEP 8: Proceed to the Assessors Office for the issuance of the New Tax Declaration.

1. Submit the old Tax Declaration.

2. Photo copy of the New Title.

3. Photo copy of the Deed of Sale.

 

STEP 9: Turn over the TCT and Tax Declaration to the BUYER.

SECRETS Reveal in Property Investment Success

HAVE YOU BEEN TO CEBU CITY LATELY? If you have noticed, high rise buildings are sprouting everywhere. As a licensed Broker, i get invited at least once every month for a project launching. So just imagine at least 12 new projects within a year for us to offer. hmmmmmm.....It means good business.

Most of our buyers nowadays are getting younger.  As young as 22 years old my client started her first condominium investment. The purpose usually of our buyers for buying a condo unit is for rental business. Here are 2 things we consider when we offer a condo project to our buyer/investors:

1. LOCATION is very important to consider when buying a condo unit for lease. The location of your unit must be accessible to public transportation and must be near to offices, Malls, Schools and BPO companies to increase chances of having your unit rented immediately

2. PROPERTY MANAGEMENT is also very important because if the condominium building where your unit is located is well kept, your unit will easily be rented. Moreover your unit will appreciate its value through the years.

For your Real Estate Investment in Cebu....

BE SAFE. Deal only with PRC licensed Real Estate Broker.

Check this out...https://www.cebubai.com/contact-us/

5 Practical Tips when Buying Properties ON-LINE

WRITTEN By: Ma. Corazon A. Dela Fuente

                          www.cebubai.com

1. CHECK THE NAME OF THE LICENSED BROKER. Some websites only put contact numbers without a name. The full name of the Real Estate Broker must appear on the website.

2. LOOK FOR THE PRC REGISTRATION NO. OF THE LICENSED BROKER. There are sellers on the internet trying to call themselves Brokers/REALTOR but are not. And they keep on giving promises to buyers which they can't really deliver. The registration no. should be placed after the name of the Broker.

3. LATEST PHOTO OF THE LICENSED REAL ESTATE BROKER SHOULD BE SEEN IN THE WEBSITE. You must transact business with a person you can picture out from the photo on their website. 

4. THE OFFICE ADDRESS / GOOGLE MAP OF THE REALTY  MUST BE VISIBLE IN THE WEBSITE. This ensures that you know where to go when you want to ask for help concerning your property investment.

5. ASK FOR A SKYPE OR FACETIME ACCOUNT OF THE BROKERS.

In the final stage of your transaction, it is essential to personally talk to the Broker to make sure that you are communicating to the right person on their website.

BE SAFE. Deal only with PRC Licensed Real Estate Cebu Broker

check this out....https://www.cebubai.com/contact/

Ways to avoid being a victim of property scams

By Tessa R. SalazarPhilippine Daily Inquirer /12:03 am | Saturday, June 28th, 2014 /http://business.inquirer.net/173716/ways-to-avoid-being-a-victim-of-property-scams

Is it enough that government agencies such as the Pag-Ibig Fund, the Housing and Land Use Regulatory Board (HLURB) and the Register of Deeds (RD) have adopted strict measures to ferret out unscrupulous land developers to avoid another scam such as that of Globe Asiatique? 

The Globe Asiatique scam involved up to P7 billion of Pag-Ibig funds being lent to “buyers” of businessman Delfin Lee’s housing developments, 60 percent of whom turned out to be “ghost” borrowers, while the developer pocketed the proceeds and sold the units to other buyers, many of who were overseas Filipinos unaware that they were already buying “sold” units.

The biggest lesson to be learned from this grand scam is that buyers themselves must exercise due diligence in  acquiring properties, and not leave the background checking entirely on the government. 

Here are 12 prudent measures that every prospective buyer should take to avoid falling victim to property frauds.

1Check if the particular development you are eyeing has a License to Sell with the HLURB. A developer may undertake multiple projects, but each project must have a distinct HLURB License to Sell. Ask the seller or broker/agent of the developer for a copy of this License to Sell for the particular project. You can also verify this in the HLURB website (www.hlurb.gov.ph).

2Verify if the broker/agent is registered with the HLURB, and make sure that the property being eyed has not been sold to other buyers.

3Visit the project site. One way of checking if the the stated address of the project corresponds to the location of the project site is to Google Map the address, says Enrique M. Soriano III, Ateneo program director for real estate and senior adviser for Wong+Bernstein Business Advisory.

Lawyer Joan A. De Venecia, Pag-Ibig Fund’s vice president for public relations and information services, reminds buyers that it is not enough for one to transact with sales agents in malls. Buyers must conduct an ocular inspection of the project site to see if there are illegal settlers in the area, or if the site has safety issues.

4Standards of the structure. Check if the materials used to build the residential unit conforms with the development standards and approved construction specifications submitted to HLURB. Also check which party would have to shoulder the cost of the water and electric meters, the subdivision perimeter fence, etc. and who would eventually operate the subdivision/condominium building’s water system.

5 Do not sign blank Contract To Sell forms. “Overseas Filipinos are vulnerable to this method. Avoid signing any blank forms or housing contracts. Read thoroughly all the contents of the CTS, especially the terms and conditions in fine print. Secure a copy of the CTS and all other documents that you signed,” Soriano says.

Make sure also that the CTS would be registered by the owner/developer to the RD.

6Consult a trusted lawyer to guide you in the legal jargon and paperwork before you sign any contract.

7 Buy or invest from reputable developers who have had a long and solid history of delivering quality properties on time. Soriano stresses that “if it’s a start-up developer, make sure the company is known in the community.”

8If the Pag-Ibig Fund is the window of financing of the developer, buyers can check if the property they wish to acquire has already been mortgaged with the Fund.

Before developers can be approved for Pag-Ibig financing, the agency verifies documents of developers insofar as the project is concerned. Accrediting of development projects through the Pag-Ibig is pursuant to the agency’s loan processes only, De Venecia says.

9Find time to verify with the RD if the title to the property you intend to buy has encumbrances.

“Check with the RD if it has clean title,” stresses Florencio O. Galang, Pag-Ibig Fund’s department manager for public and media affairs. He adds that for other buyers whose project is not under the  Pag-Ibig Fund as the (financial) window of the developer, it would be more prudent to check with RD.

10If the project has a License to Sell, you may already enter into a contract to sell with the owner/developer. Things which must be checked before signing are:

• The date of completion of the project as indicated in the License to Sell;

• If the property has been mortgaged from the HLURB;

• The facilities and amenities represented in the advertisement flyers/brochures are in accordance with the approved subdivision and condominium plan on file with the HLURB.

11Get the services of an organic seller or licensed broker to guide you in the process of buying a property, especially for preselling projects. Before you complete the purchase, make sure you transact directly at the developer’s head office.

12Transact directly to the owner/developer or the marketing agent authorized by said owner/developer, and ask for official receipts on all payments, and keep these in your file.

EARN EXTRA THRU REFERRALS... No Hassle

EARN THRU REFERRALS

No Hassle. No selling involved on your part.

We pay you a referral fee for every closed sale.  

 

Greetings!!!

 

MC Dela Fuente Realty is a Cebu Base Real Estate Firm with a vast experience in real estate since 1997. As a way of sharing our blessings, we are giving referral fee for a referror (YOU!) who can refer a friend, co-OFW, Balikbayan relatives, Tourist, or anybody who are interested in any of the different Real Estate Projects we offer.

MC Dela Fuente Realty  Specializes in Subdivision Projects in the following locations: Cebu City, Mandaue City, Lapu-Lapu City, Consolacion, Liloan, Talisay City, Minglanilla & Argao, etc.

 

We are the Marketing Partner of the different Real Estate Developers in Cebu. We Sell Office/ Commercial/ Residential/ Resort Condominium, House and Lot, Vacant Lot, Townhouse & Memorial Park

 

View all our properties @  https://www.cebubai.com

 

HOW TO EARN  thru REFERRALS?

 

(1)   Just Introduce us to a friend, relatives, fellow Balikbayan, classmates, co-employee,  tourist/potential Filipino investor, or practically anyone who's in need or in search of real property House & Lot, or Condo unit for their dwellings or investment.

 

(2)   Upon consummation of the sale, as the referror, you are entitled to a fee. Base on the

             net commissionable amount of the property sold.

 

To avail of the program, simply email us or contact us to signify your plan to join. And we will get in touch with you to explain the mechanics and How much is it for you in every referral. We will be delighted to share our blessings with you.

MC DELA FUENTE REALTY

Email: inquiry.cebubai.com

Mobile no: 09177965825

Landline: 032 2542398

Who Can Own a Land or Real Estate Property in the Philippines?

The general rule is that Filipino citizens and Corporations or Partnership at least 60% Philippine owned are entitled to acquire land in the Philippines.

 AN EXCEPTION TO THIS RULE:

* FOREIGN NATIONALS OR CORPORATIONS MAY COMPLETELY OWN A CONDOMINIUM OR TOWNHOUSE.

To take ownership of private land, residential house and lot, and commercial building and lot, foreign nationals or corporations must form a Philippine Corporation. The Corporation is to be 40% foreign-owned (maximum ) and 60% Filipino owned (minimum) and with at least five (5) incorporators. Upon incorporation, the primary bank account should be tied up to the Corporation. A foreign national may be the only person in the bank account, allowing him/her total control over the funds derived from the Corporation and the income or sale of the asset or property.

* WHERE A FORMER NATURAL BORN FILIPINO WHO BECAME A CITIZEN OF ANOTHER COUNTRY. Balikbayan, a former natural Born Filipino Citizen and now a citizen of another country, is entitled to own for residential purposes, not more than 1,000 square meters for urban land and not more than one (1) hectare of agricultural or farmland.

*A FILIPINA WHO MARRIES AN ALIEN RETAINS HER PHILIPPINE CITIZENSHIP ( to avoid being stateless) unless by her own act or omission. She is deemed to have renounced her Filipino citizenship, may acquire and own private lands in the Philippines.

* NEW DUAL CITIZENSHIP  LAWS about PROPERTY OWNERSHIP.
Dual Citizenship just got approved. Dual Citizenship means having two Citizenship and passport from two different countries. Inquire for more updates regarding the procedure in the implementation of this new Law.

For your Real Estate Investment in Cebu, Philippines,

BE SAFE. Consult only with Licensed Cebu Real Estate Broker.

Ma. Corazon "COCO" dela Fuente

PRC Reg. No. 006953

Mobile: 09177965825

Website: https://www.cebubai.com

Taxes and Fees in Real Estate Purchase in the Philippines

Please be guided on the following Taxes and Fees when buying a Real Estate Properties:

A. Buying Property from a Real Estate Developer

The Following Taxes and Fees are included in the Purchase Price of a Residential Property.

1. 12% Value Added Tax (VAT) -

   Exempted from 12% VAT 

   Residential Lot Only – Price does not exceed P1,919,500

   House & Lot -             Price does not exceed P3,199,200

2. Documentary Stamp Tax - 1.5% of the total selling price

3. Transfer Fee - 1/2 of 1% of the total selling price

4. Registration Fee - approximately 1/2 of 1% of the total selling price 

B. Buying Property from Individual Owners

1. Capital Gains Tax (CGT) - 6% of the total selling price or Zonal Value is higher. This tax is usually for the account of the seller, but some owner's price is net of tax, meaning the CGT is for the buyer's account.

2. Documentary Stamp Tax - 1.5% of the total selling price or Zonal Value whichever is higher. Like the CGT, this tax is usually for the seller's account unless otherwise agreed upon by both parties.

3. Transfer Tax - - 1/2 of 1% of the total selling price

4. Registration Fee – approximately 1/2 of 1% of the total selling price

C. Buying Property from a Corporation

1. Creditable Withholding Tax (CWT) - 6% of the total selling price. This tax is usually for the account of the seller, but some owner's price is net of tax, meaning the CGT is for the buyer's account.

2. 12% Value Added Tax - 12% of the purchase price is added on. ( not applicable if the property is not used in the trade or business).

3. Documentary Stamp Tax - 1.5% of the total selling price. Like the CGT, this tax is usually for the seller's account unless otherwise agreed upon by both parties.

4. Transfer Tax -- 1/2 of 1% of the total selling price

5. Registration Fee - approximately 1/2 of 1% of the total selling price

For all your Real Estate Investment in Cebu...

BE SAFE CONSULT ONLY WITH LICENSED REAL ESTATE BROKER.

Ma. Corazon "Coco" dela Fuente

PRC Reg.No. 006953

Mobile No: 09177965825

https://www.cebubai.com

CEBU REAL ESTATE NEWS AND UPDATES: EFFECTIVE WAY TO SELL YOUR HOUSE FAST

CEBU REAL ESTATE NEWS AND UPDATES: EFFECTIVE WAY TO SELL YOUR HOUSE FAST https://www.cebubai.com

FIRST SOLELY RESIDENTIAL RESORT DEVELOPMENT THE NEXT VACATION DESTINATION IN MACTAN, CEBU

A Cebu base Real Estate Developer,  Tytans Properties and Development, Inc. has decided a beachfront as the site of its multibillion-peso first residential resort development located Barangay Buyong, Lapu-Lapu City, Cebu.

The Location of the project is known by almost all cebuanos because most of us left good memories of the beach resort while we were still kids, enjoying the fine powdery white sand of what it used to be Tambuli Beach Resort.

The 110,000-square meter sprawling development will rise at the old Tambuli West resort and the present site of Cebu Beach Club (CBC)

You just can imagine, While most  developers in Cebu pick the city center as location for their condominium projects, not one project in Cebu has been done that will alternatively serve as a vacation destination for unit owners and tenants.

Tambuli Seaside Living development is describe as modern Tropical will sit on an 11-hectare property boasting of a ready 200-meter natural beachfront with fine, powdery white sand, while residents can enjoy the exclusive use of the four-hectare amenity area.

Towers A & B consisting of 10 storeys and each housing 144 units expected to be turned over by fourth quarter of 2016.

The studio units will take up about 35 to 38 square meters while one-bedroom units will occupy a space of 46 to 63 square meters. Parking slots will also be made available.

Amenities will include modern Asian clubhouse spanning 5,000 square meters to house gym, café, huge deck by the sea, game room, ball room, convention center and a lagoon pool that is roughly 4,000 square meters in breadth.

There will also be a resort spa, fine dining restaurants, dry sports facility and additional features such as golf carts and mini waterfalls.

ENJOY 365 DAY OF FUN, SEA, SAND @ Tambuli Seaside Living. A worthwhile vacation destination for you & your family.

DECIDE ABOUT IT NOW.

What makes Tambuli Seaside Living different from other Condo Living?

1. The First Residential Resort Community in Cebu to have a READY  200 METERS WHITE BEACH FRONT.

2. The First Real Estate Development in Cebu having a four (4) hectare AMENITY AREA.

 

3. EXCLUSIVE. The 11 hectare development is solely use for residential/condo owners. 

4. State of the art Modern Tropical Resort Development

5. All units comes with Balcony 

6. All units are FULLY FURNISHED (until further notice)

7. RESERVATION @30,000 only

With us, a vacation everyday is possible. View more Photos: https://www.cebubai.com

Should you have any questions or Site Viewing, please don't hesitate to contact me.

COCO A. DELA FUENTE

09177965825

032.254.2398

Email: inquiry.cebubai@gmail.com

There are Riches in Cebu Memorial Lot

GREETINGS!

MC DELA FUENTE REALTY would like to offer MANILA MEMORIAL PARK located in Liloan, Cebu. Our lots have consistently appreciated in value through annual increases over the past years & with our more than 50 years of experience in the Memorial Park development. This has made Manila Memorial Park a safe and profitable investment alternative.

 

Memorial lots are a secure and stable form of investment. The need for a place to be buried is a basic need for all. Changing economies hardly affect the demand for it. Memorial Parks in the urban areas are quickly being filled-up. Accessible and convenient parks are becoming difficult to find. And with the continued increase in population in the urban areas, the demand for and shortage of memorial lots becomes more apparent.

 

We are offering those who wish to buy a lot at Manila Memorial Park in Liloan, Cebu with affordable and easy terms and considerations as follows:

1 -Four-year payment term (48 months)

  NO INTEREST / NO DOWNPAYMENT, As low as 1,940/month

 

2- SPECIAL PROMOS:

• SPOT CASH         15% Disc. Payable within      7 days

• Cash Conversion 10% Disc. Payable within  120 days

• Cash Conversion   5% Disc. Payable within  150 days

 

You may get in touch with me at (032) 511.1783 or 0932 8547899 for more information & a site tour. Thank You!!! All the BEST!

 

EFFECTIVE WAY TO SELL YOUR HOUSE FAST

Selling your House is more than just putting up a "FOR SALE" sign to where your property is located. You might be able to save money by selling it by yourself. But studies on Real Estate show that four out of five properties are sold through a Licensed Real Estate Broker or what we call REALTOR.

The Cebu Real Estate Brokers work together as a TEAM and have a network to share and to exchange listed properties for sale. Every property listing we get, we immediately made known this to fellow REALTORS/BROKERS and salespersons under us that a certain property is for sale at a certain location at this price. if you sell on your own, you cannot use this network without an agreement with a BROKER/REALTOR. This is our professional edge which unluckily, you as a seller may not have the opportunity to make use of. 

Moreso, the Brokers in Cebu KNOW who are our buyer for a particular property for sale. So, After we get a property listing for  sale, we offer it first to our buyers  in mind.

And Lastly, we are KNOWLEDGEABLE to  the right market value for a particular property in a particular location. We usually suggest to our buyer the right price for their property offered for sale in the market.

Now you know why we Brokers can sell your house fast.

Get Ready....

SELL YOUR CEBU HOUSE FAST. The 10 Steps to Real Estate Property Selling Process in Cebu

LIVE and WORK in the Same Space

Imagine having a home or office within walking distance from hospitals, schools, banks, malls, and major thoroughfares.

Envision a modern structure with all the amenities of a professional business center. Picture an elegant urban tower with all the advantages of a prime business location. Visualize the perfect environment where you can work, live, and play. All these, plus more, embody the City Soho dream.

City Soho offers the convenience and flexibility of working and living in the same space. With amenities designed for both office and residential use, City Soho is ideal for professionals, small business owners, and start-up entrepreneurs, among others.

City Soho comes when Cebu's urban center has become overly saturated, and prime real estate is a rare commodity. As property developers turn their sights to the outskirts of the metropolis, away from the hustle and bustle of city life, City Soho fills a need for a modern home-office building at a prime location. At City Soho, you can have an exclusive office unit, a residential unit, or mixed-use home-office units. Our Units are ideal for dental clinics, medical clinics, auditing firms, professional offices, and more.

Select your unit according to your specific personal or business needs.

The Choice is Yours!  Check our list of projects . Email me @ inquiry.cebubai.com or call: 09177965825 for more Info & Site Tour

GRAND RESIDENCES

GRAND Land, the residential property development arm of the Gaisano Grand Group, launches its first stylish and modern urban condominium village offering a secure and serene resort-feel residential community.

It is surrounded by lush private gardens and amenities that are unique to any condominium development in the city. It sits on a 3.2 hectare property that crosses all the way from Gov. M. Cuenco St. in Banilad to President Roxas Street in Mabolo.

This city-within-a-city concept offers studio, one-bedroom and two-bedroom units, surrounded by natural raised lawns, abundant sub-tropical landscaping, vine-draped terraces and generous open gardens with ample space for entertaining and family gatherings.

With an address just off Ayala Access Road and on a block of Cebu’s central residential area, it is conveniently close to major shopping malls, schools, universities, hospitals, restaurants, clubs, Cebu’s IT Park Central Business District and Cebu’s most prominent golf course. It is a prime location that will offer a sanctuary to people with a cosmopolitan lifestyle, yet having the urban convenience in city living.

My city, my resort, my home, a concept that perfectly suits its inner city living amidst a natural tropical environment, Grand residences is a place to relax and reconnect with nature, an opportunity not to be missed.

Come home to a City within a City..3 hectares of lush greens and abundant sub-tropical lanscapre, a swimming pool with leisure facilities and amenities built around the way you're meant to live. Email me @ inquiry@cebubai.com,or call 09177965825 for more details of the  project and site tour.