UNDERSTANDING CLOSING COSTS AND FEES OF BUYING YOUR FIRST HOUSE Buying your first home is an exciting milestone, but it can also be a bit overwhelming. One of the key aspects to understand is the closing costs and fees associated with purchasing a property. Here's a breakdown of what you need to know to navigate these expenses with confidence. What Are Closing Costs? Closing costs are...
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SEC issues guidelines regulating rental pools Maria Bernadette Romero Published on: Jul 25, 2024, 00:20 The Securities and Exchange Commission (SEC) wants to regulate the sale of properties with rental pool agreements amid an upward trend in renting out properties. On Wednesday, the regulator said that it had issued Memorandum Circular No. 12, Series of 2024 or “Securing and E...
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Philippine real estate set for takeoff as economy accelerates The Philippines is reasserting its position on the global stage as one of the world’s hottest markets for luxury homes thanks to its increasingly liberalised economy Filipinos are in the mood for spending once more, be it on residential real estate or purchases at the shopping mall. This resurgence comes as...
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HEADLINES: PSA: Cancel Guo birth certificate | June 27, 2024 Lima continued to flourish as a vibrant and inclusive community, seamlessly integrating sustainability with economic prosperity. The upcoming launch of a 40-hectare expansion within its business district further beckoned investors and enterprises to Batangas. Aboitiz InfraCapital Economic Estates recently launched its 4th...
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MANILA, Philippines — Housing loan collectibles of the Social Security System (SSS) have reached P6.8 billion with the state-run pension fund now transitioning to a real-time processing of loans for members’ convenience. As of end-December 2023, SSS said it has 3,744 mortgagors with home loan collectibles worth P6.83 billion. As such, SSS is implementing the mandatory use of paym...
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The Pros and Cons of Running an Apartment Business for Passive Rental Income Investing in an apartment business can be an attractive venture for those looking to generate passive rental income. However, like any investment, it comes with its own set of advantages and challenges. In this blog, we will explore the pros and cons of running an apartment business to help you make an informed decisio...
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