News

Tips for Performing Due Diligence on Tax Declarations when Buying Real Estate in the Philippines:

Posted on Sat, Oct 26, 2024 2:47 PM by DR. SAMUEL O. LAO, REB, MM-REM in Tips and Advice

Tips for Performing Due Diligence on Tax Declarations when Buying Real Estate in the Philippines: --- 1. Obtain a Copy of the Latest Tax Declaration The Tax Declaration is an official document issued by the local assessor’s office that provides details on the property’s assessed value for tax purposes. This document is essential for verifying the property’s value, owners...

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"Essential Due Diligence Tips for Verifying Title and Tax Declaration Alignment in Philippine Real Estate"

Posted on Sat, Oct 26, 2024 2:43 PM by DR. SAMUEL O. LAO, REB, MM-REM in Tips and Advice

"Essential Due Diligence Tips for Verifying Title and Tax Declaration Alignment in Philippine Real Estate" Here are enhanced tips for performing due diligence to make sure the title and tax declaration information are consistent: --- 1. Verify Registered Owner Information Confirm that the name of the registered owner on the title and tax declaration match precisely. Check...

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Villar, 15 other PH tycoons land on Forbes’ 2024 billionaires list

Posted on Thu, Apr 4, 2024 11:32 AM by DR. SAMUEL O. LAO, REB, MM-REM in Uncategorized

MANILA, Philippines — Real estate mogul Manuel Villar, who chairs property developer Vista Land & Lifescapes, emerged as the only Filipino in Forbes Magazine’s top 200 billionaires in 2024. He ranked 190th in this year’s list, up from 232nd in 2023, as his wealth grew 28 percent to $11 billion. The Sy siblings of conglomerate SM Group have combined wealth of $14 billi...

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World Bank keeps PH growth outlook

Posted on Fri, Jan 26, 2024 11:38 AM by DR. SAMUEL O. LAO, REB, MM-REM in Real Estate News

The World Bank has kept its growth forecasts for the Philippines for 2023 and 2024, and the country is expected to outpace the growth of Asean neighbors. The Philippines is seen to have grown 5.6 percent last year, according to the Washington-based agency’s Global Economic Prospects reports. Meanwhile, the World Bank sees 5.8 percent growth for this year and next. These figures fall...

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How Real Estate Sales Can Erase Debts for Start-Up Agents

Posted on Fri, Jan 12, 2024 10:35 AM by DR. SAMUEL O. LAO, REB, MM-REM in Real Estate News

How Real Estate Sales Can Erase Debts for Start-Up Agents Introduction: In real estate, opportunity often comes knocking in unexpected ways. For start-up agents burdened with significant debts, a strategic approach to real estate sales can pave the way to financial freedom. This article'll explore the math behind leveraging real estate commissions to eliminate debts and how a team effort...

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PH surpasses Malaysia, Thailand in net foreign direct investment

Posted on Tue, Jan 9, 2024 3:09 PM by DR. SAMUEL O. LAO, REB, MM-REM in Real Estate News

THE Philippines has surpassed the net foreign direct investment (FDI) inflows of Malaysia and Thailand in the first three quarters of 2023, Department of Trade and Industry (DTI) undersecretary Ceferino Rodolfo said. Rodolfo said the Philippines, Indonesia, Malaysia, and Thailand recorded double-digit declines in net FDI inflows last year, while Vietnam’s growth was minimal at 2.25 percen...

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