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Sunday, August 3, 2008

Room for Rent in Cebu City


A 2-storey house located at Labangon is looking for tenants for its room for rent in Cebu City. All rooms have submetered electricity and water. Cooking in a communal kitchen is allowed. NO Curfew. Room for rent in Cebu City rates are: LAST MODIFIED: November 9, 2009
  1. Bedroom with T&B w/ bathtub with Aircon Unit ready ((up to 4 persons per room allowed) Php5,000.00 per room per month - 2 rooms available.
  2. Bedroom with T&B no bathtub, bring your own Aircon Unit (up to 4 persons per room allowed) Php4,000.00 per room per month - 2 rooms available
  3. Bedroom with communal T&B, electric fan supplied (up to 2 persons per room allowed) Php3,500.00 per room per month - ALL OCCUPIED
Units are available for viewing now. Accepting room for rent in Cebu City occupants starting November 2009. Please be advised that necessary identification documents will be required for all occupants. Employed tenants or proof of income will be required for qualification for room for rent in Cebu City.

Contact Mobiles: SMART (+63 921 372 8020) SUN (+63 922 851 2223) or landline (+63 32-262 6540) for more details on room for rent in Cebu City.

Be advised further that this will be a first come first priority offer. This room for rent in Cebu City post is not open for brokers or agents. For direct deal only.

LAST MODIFIED: November 9, 2009


THIS AD ALSO AT:

Locanto
Cebu Free Classifieds





Thursday, July 3, 2008

How do you go about Buying Real Estate in the Philippines?

Are you planning to buy a real estate in the Philippines?

I can give you some tips which you need to remember before you buy any real estate in the Philippines. I will be giving you very important items to consider especially if you are buying from a single property from an individual.

On top of your checklist is to verify if the Transfer Certificate of Title (also called TCT) is authentic. The Register of Deeds is the right place to go to check the veracity of the title to the property you are planning to buy. You can ask for a Certified True Copy of the title at this office, which is normally located at the city or municipal hall where the property you want to buy is located. All you need to do to receive a certified true copy is to secure the number and name of the owner and submit a duplicate copy of the title to the Register of Deeds.

Next to your list is to make sure that the title you are about to acquire is clean. You have to make sure that the real estate property you want to buy is not mortgaged. Legally speaking, there shouldn't be any liens and encumbrances on the real estate property. You will know this by looking at the back of the title. If an, it shall appear at the back under "Encumbrances". Otherwise, it must be empty for it to be considered a clean title. Do not mistake the continuation of the technical description, which can sometimes reach the rear of the page, as an entry on 'Encumbrances'. It can happen quite often in most titles.

Verify that the land which is being described on the title is the actual lot or property that you are buying. A private land surveyor or a geodetic engineer will offer the service of validating the technical description though a survey. The Register of Deeds can also verify for you based on the title description.

The sellers should be the real owners of the real estate in the Philippines being sold. For individual sellers, you can validate identity through a valid passport, driver's license, or any government issued identification card. You can also confirm their identity by asking people from around the vicinity. You may also cross examine by finding out about the history of the property.

Real Estate taxes can be very high if unsettled regularly. You need to make sure you will not be burdened by unpaid taxes by asking for a copy of the Tax receipts and tax declaration. These documents are proof of up-to-date payments of taxes by the previous owner.

If you find any problem in those I mentioned, you can always find a better one at a better price. You would not want to spend your money on buying real estate in the Philippines that will cause you trouble in the future.

I hope you find this handy for shopping real estate in the Philippines!









Wednesday, July 2, 2008

Do you want to purchase cheap real estate?

If you want to purchase cheap real estate, you can always check out public real estate auctions in your area. Auctions can be the best venue to find foreclosed properties at prices lower that the market value, although if you aren't 'so lucky, you have to compete with a number of other interested bidders.

Although these foreclosed properties can come very affordable, always bear in mind that since these properties already have a previous owner, you can never be so sure about the state of these properties. You will only get to find out as soon as you have already purchased them.

This is practically the reason why it is very important that you have the correct set of expectations before you participate in public real estate auctions.

You have to be prepared to invest in refurbishing the property you bought at the auction at a very, very low price. Cheap real estate might also have legal ramifications so you are also to expect to pay a substantial sum to fix some legal issues and consult your own real estate lawyer.

If you are very determined and decided to participate at public auctions to avail of cheap real estate, then it is best that you research some more which real estate auctions you should go to. There are some properties at real estate auctions which are from the government seized properties from criminal cases. Others are from owners who were unable to pay the property in one way or another, causing the property to get foreclosed.

You can always check out from your local banks for any public auctions in your area.


Tuesday, June 24, 2008

LIVE IN CEBU!!!

Living in Cebu is probably one the best decisions you can make in your entire lifetime. After having spent almost half of my life in Metro Manila, I can probably be one of the best persons to compare which capital is most ideal to stay. Whether you are a retiree who plans to settler down elsewhere, a yuppie who's tired of the toxic metropolis Manila, or a young family yet undecided where to live for good, you will surely not regret deciding to live in Cebu.

Among the best reasons why you should pick to live in Cebu is the cost of living. Everything that you need is already here which you can easily afford...from world class shopping centers to flea markets all over the city, fine dining restaurants to street food tripping, BOP centers to central business districts, world class hotels and resorts which are minutes away from the business center, excellent schools, colleges, and universities with international curriculum, to very affordable real estate properties to choose from.

Cebu is one of the most livable cities today, even in the whole of Asia and the world. Living in Cebu is definitely an investment you cannot afford to do in the far future, but today!!!

Monday, June 16, 2008

Wonder where to find cheap properties in Cebu or Manila? Then foreclosed properties can be your best option

The problem is, not everyone knows where to find one...or to go about buying one...

First step you can take is to look for foreclosed properties in banks. Bank usually sell foreclosed properties at low low rates. Most foreclosed properties from banks are usually priced 30 to 10% lover than its commercial value.

Why are foreclosed properties cheaper in banks?

Well, banks prefer to have cash on hand that non-performing assets. Taxes for these properties become a burden for banks in the long run...not to mention insurances, security, and monetary reserve requirement for every non performing real property that they have.

By disposing of these properties as fast as they can, banks are going to make sure they save their cash reserves...to the point of mostly selling at giveaway prices.

How can you buy one?

For a lucky buyer, a property may have a lone bidder when he is not challenged by another interested party. It is commonly termed as "negotiated sale". This is called a negotiated sale, in which the lone potential buyer makes a bid for the property and is not challenged by another interested party. A deposit equivalent to 10% of the bidder's price is often required, but is normally refundable. The purpose of the deposit is to give time to the bank for review before it is duly approved.

On other cases, there might be other parties interested in the properties during the negotiated sale and there will occur a "private sale bid". Interested buyers make their respective bids. Each bidding party is required to deposit 10% of the bid amount which is always refundable to those who do not win the bidding. Bidding is a closed process and usually decision is made at the main branch or office of the bank, in most cases, in Manila. If bidding fails, it is reopened to the public.

Another way is through public sale biddings which are biddings done on advertised foreclosed properties open to the public. Foreclosed properties are usually announced in newspapers, websites, and even the lobby of banks. Any interested party may bid for the properties and is required to pay the refundable deposit of 10% of the bid price.

Last but not the least, foreclosed properties are also sold through an auction. Bids are done in front of all interested bidders. An auctioneer announces the bids and bidders raise hands to submit their bids.

For more information, contact your local bank to get an authorized broker to assist you.

Saturday, April 28, 2007

Condo Units for sale/rent. Prime locations













1)Pearl of the Orient (See the attached pictures)- Roxas Blvd., in front of US
Embassy Unit 35 D (35th floor), 51.28 sqm , w/ 1 bedroom, w/ parking,
fully furnished

sale price: P5.1 M
rental price: P35 T/ mo inclusive of association dues only
status as of April- vacant



2)One Burgundy Plaza- Katipunan Rd, in front of Ateneo Unit 7Q (7th floor),
28 sqm, studio type, fully furnished

sale price: P2.1 M
rental price: P14 T/ mo inclusive of association dues only
status as of April- vacant

3 ) Kassel Condominium- corner Vito Cruz and Taft Ave., very near La Salle,
Unit 1416 (14th floor), 34.4 sqm, studio-type, semi- furnished

sale price: P 2.0 M
rental price: P14 T/ mo inclusive of association dues only
status as of April- occupied by a tenant
Unit 1415 (14th floor), 27.6 sqm, studio- type, semi- furnished

sale price: P1.7 M
rental price: P12 T/ mo inclusive of association dues only
status- vacant

4) President Tower -
Unit 1109 - #81 Timog ave., cor. sct ybardolaza, south triangle, quezon city
Not for rent
Sale price: P3.1 M

if interested to see the units leave me a message. thanks.



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