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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Tips for Investing in Real Estate with Limited Funds Real estate investment is a promising avenue for wealth creation, and you don't need a fortune to get started. With the right strategies and a bit of creativity, even those with limited funds can participate in the real estate market. In this article, we'll explore some practical tips for investing in real estate when your financial...
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Title: The Importance of Visiting the Local Assessor's Office in Property Due Diligence When considering the purchase of a property, conducting due diligence is essential to ensure a smooth and secure transaction. One crucial aspect of this process is visiting the Local Assessor's Office. In this article, we will explore why a visit to this office is crucial and what...
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Rent-To-Own Scheme Benefits In recent times, the rent-to-own scheme has gained popularity as an alternative to traditional property buying. This innovative concept offers a unique arrangement where individuals can rent a property for a specified duration with the option to purchase it when the lease term ends. This article explores the advantages of the rent-to-own scheme and provides...
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How Buyers Can Avoid Losing Their Investment? In today's article, I will address a common issue faced by buyers who invest in pre-selling properties, such as pre-selling condos, houses and lots. Purchasing pre-selling projects from developers can be a good investment, but it's crucial to assess your financial capacity, income bracket, and thoroughly review the com...
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House and lot or condo—choosing the right space for you By: Andoy Beltran Hey there, fellow millennials! Let’s talk real estate, shall we? It’s a topic that feels like a complex puzzle in the Philippines, where property choices are as diverse as Netflix shows. Today, we’re diving into the pros and cons of owning a house and lot versus a condominium u...
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