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The Importance of Validating the Identity of the Seller to Prevent Scams and Identity Theft

Posted on Wed, Nov 8, 2023 8:40 PM by DR. SAMUEL O. LAO in Tips and Advice

The Importance of Validating the Identity of the Seller to Prevent Scams and Identity Theft In today's digital age, the real estate market has seen a surge in scams and identity theft cases. As a prospective buyer, it's crucial to prioritize due diligence to protect yourself from fraudulent activities. One of the essential steps in this process is to verify or validate the seller's...

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Flipping Properties: A Lucrative Strategy for Real Estate Investment

Posted on Tue, Nov 7, 2023 10:26 PM by DR. SAMUEL O. LAO in Tips and Advice

Flipping Properties: A Lucrative Strategy for Real Estate Investment In real estate investment, property flipping is an exciting and potentially lucrative avenue for those willing to roll up their sleeves and get their hands dirty. This strategy involves purchasing properties, often distressed or undervalued, making strategic renovations or improvements, and selling them at a higher price. Whil...

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 Why Buyers Should Visit the Clerk of Court for Property Jurisdiction Clearance

Posted on Tue, Nov 7, 2023 10:17 PM by DR. SAMUEL O. LAO in Tips and Advice

 Why Buyers Should Visit the Clerk of Court for Property Jurisdiction Clearance When embarking on the journey of purchasing a property, thorough due diligence is an absolute necessity. You've already taken the prudent steps of verifying the title in the Register of Deeds and the tax declaration in the Assessor's office. Everything was in order; there were no red flags or annotation...

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Buying vs. Renting Homes: Navigating Your Financial Readiness and the Role of a Licensed Broker

Posted on Mon, Nov 6, 2023 8:25 AM by DR. SAMUEL O. LAO in Tips and Advice

Buying vs. Renting Homes: Navigating Your Financial Readiness and the Role of a Licensed Broker In the quest for a place to call home, the age-old debate between buying and renting continues. Both options have merits and demerits, and the choice largely depends on one's financial readiness, capacity, and cash flow. Understanding these factors and seeking professional guidance from a license...

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Fastest Ways to Make Money in Real Estate

Posted on Sun, Nov 5, 2023 10:58 AM by DR. SAMUEL O. LAO in Tips and Advice

Fastest Ways to Make Money in Real Estate   Introduction: Real estate is a lucrative field that offers numerous income-generating opportunities. Whether you're a seasoned investor or just starting out, there are several fast and effective ways to make money in real estate. In this article, we'll explore some of the fastest methods to maximize your profits in the real estate mark...

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The Importance of Verifying the BIR TIN of Property Sellers for VAT Consideration

Posted on Sun, Nov 5, 2023 8:37 AM by DR. SAMUEL O. LAO in Tips and Advice

The Importance of Verifying the BIR TIN of Property Sellers for VAT Consideration In the world of real estate transactions, there are various taxes and expenses that both buyers and sellers need to be aware of. One of the crucial factors that can significantly impact the financial aspect of a property sale is the Value Added Tax (VAT), which is set at 12% in the Philippines. To avoid unexpected...

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