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Ante-Dated DOAS?
Once upon a time, a broker closed a condo sale on a rainy Friday. The negotiations were lengthy, so he was relieved it was done.
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ALL BLOG POSTS
Jul 11 min read
Ante-Dated DOAS
So apparently, the BIR issued a circular regarding ante-dated Deeds of Sale (DOAS) last May 28. Here's how I understand it...
Jun 252 min read
JPRE Check Writer
Here's a cheat code for anyone who hates preparing checks. In the RE world, we deal with a lot of checks. They could be post-dated checks...
Jun 252 min read
It's not there
Once upon a time, a buyer was just about to close the purchase of a condo unit.
Jun 192 min read
Check Deposits at Home
BPI bankers, rejoice! You can now deposit checks without going to the branch!
Jun 182 min read
DON'T WORRY SIR
Once upon a time, a tenant leased a property through an ahente.
Jun 51 min read
RE BROKER = REALTOR?
Did you know that not all real estate brokers can call themselves "Realtors"?
Jun 41 min read
DOAS TYPO
I typed the wrong Title Number in the Deed of Absolute Sale (DOAS)...The document has been notarized, and the CAR has been issued. ☠️
Jun 31 min read
Backing Out of a Deal
Client Question: Can I back out of an offer to lease if I already signed it? No earnest money has been paid. In my opinion–yes. I know...
May 301 min read
26% INCREASE?
Okay, so a client forwarded a Bloomberg article to me, asking if it were true that Manila luxury condos registered a 26% increase YOY.
May 292 min read
RPVAR: GOODBYE ZONAL VALUES
Here's a quick explanation of the real property valuation and assessment reform (RPVAR).
May 281 min read
TECHNOLOGICAL MISHAP
Once upon a time, a couple bought a brand-new house in the city.
May 272 min read
OFFICIAL RECEIPTS TO INVOICE
Here's a quick explanation of the whole hullabaloo with the BIR's requirement to change official receipts to invoices.
May 241 min read
COMPUTATION SHEET
Whenever brokers submit an offer letter for a property to sellers that are below their asking price 99.9% of the time, their next question i
May 231 min read
HOW MUCH TO LIVE IN MAKATI
The data is based on a survey of done transactions in 2023.
May 222 min read
LOAN TAKEOUT
Banks would probably hate me for posting this.
May 211 min read
WARNING: PROPERTY FLIPPERS
The BIR continues to go after properties that have been re-assigned/sold prior to turnover.
May 202 min read
CONDITIONAL (LOAN) APPROVAL
When it comes to purchasing RE properties with a bank loan, buyers often find themselves at a disadvantage compared to cash buyers.
May 101 min read
WHERE TO PAY DONOR'S TAX?
Remember this post?
May 92 min read
TALES OF THE "AHENTE"
While the obvious solution to Tuesday's post is to avoid working with ahentes, the truth of the matter is not a lot of licensed and adept...
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