For more information please call +639209676920
Investor who will reserve a unit on this day will have their bathroom unit furnished for free upon delivery.
THE MIDPOINT RESIDENCES
The MIDPOINT Residences brings you close to the business and leisure locales, north and south of Cebu City, putting you in the way of golden opportunities, allowing you to optimize your time and choices, giving you the freedom to be where you want to be when you want to be.
MIDORI RESIDENCES
Midori Residences brings the same Asian touch and experience unraveled in an urban setting where luxury, economy and convenience converge.Located at the teeming commercial district of Mandaue City, Midori Residences is the city’s first twin-vertical residential development of its kind.
QUEENSLAND MANOR RESIDENCES
A place of serenity right in the center of a vibrant metropolitan district where accessibility, convenience and proximity are yours to enjoy. Where spacious living matters...
Andalucia Crest
Family deserves to live and stay in a comfortable environment, cozy and safe community. Andalucia Crest designed for comfort, lifestyle and satisfaction.
ARGAO ROYAL PALMS
Cebu's premier retirement village is COMING SOON!
COLORADO DOS
With the success of Colorado Homes in Cotcot, Liloan, Primary Homes brings the much awaited Colorado Homes 2, located at Jubay, Liloan, Cebu.
Showing posts with label Blog Entries. Show all posts
Showing posts with label Blog Entries. Show all posts
Monday, March 4, 2013
Investors Night - AZON RESIDENCES
For more information please call +639209676920
Investor who will reserve a unit on this day will have their bathroom unit furnished for free upon delivery.
Wednesday, September 15, 2010
Paramount Property Venture Christmas Promo
CHRISTMAS PROMO
Sept. 1, 2010 - Dec. 31, 2010.
PHASE 2 of FONTE DI VERSAILLES
- Extended & Lowered Down Payment - 25% Down Payment payable up to 36 months
- Lowered Reservation Fee - Only 10,000.00 to reserve
- 5 Years No Down Payment, Zero Interest Term.
 |
| MONZA |
 |
| CAPRICIO GRANDE |
 |
| VITTORE |
 |
| FIORENZO |
For Complete details, request for site visit or reservation, please call :
RICARDO PANUELOS RONDINA
REB LICENSE NO. S-2009-16-1341N
+639208768678 | +639226031217 | +6332-5112693
Sunday, July 4, 2010
Supreme Court upholds ban on conversion of agricultural lands for commercial use
Supreme Court upholds ban on conversion of agricultural lands for commercial use
By Edu Punay (The Philippine Star) Updated July 05, 2010 12:00 AM
MANILA, Philippines - The Supreme Court (SC) has affirmed the legality of ban on conversion of agricultural lands into commercial use imposed by the administration of former President Arroyo two years ago to address rice shortage in the country then.
The first division of the High Court chaired by Chief Justice Renato Corona junked a petition of Chamber of Real Estate and Builders Associations (CREBA) questioning the legality of Memorandum No. 88 issued by former Agrarian Reform secretary Nasser Pangandaman and approved by Mrs. Arroyo that temporarily suspended the processing and approval of all land use conversion applications nationwide.
In a unanimous decision penned by Associate Justice Jose Perez and promulgated last June 18, the Court upheld the “exclusive authority” of the Department of Agrarian Reform (DAR) to approve or disapprove conversion of agricultural lands to non-agricultural uses such as residential, commercial and industrial.
The DAR order was issued amid concerns that the worsening rice shortage at that time was an offshoot of the unabated conversion of prime agricultural lands for real estate development.
CREBA, umbrella organization of some 3,500 companies and individuals working in the real estate industry, argued that the memorandum was not a valid exercise of police power and that it was unconstitutional because it suspended the land use conversion without any basis.
The High Court, however, dismissed this argument: “It bears emphasis that said Memorandum No. 88 was issued upon the instruction of the President in order to address the unabated conversion of prime agricultural lands for real estate development because of the worsening rice shortage in the country at that time.”
“Such measure was made in order to ensure that there are enough agricultural lands in which rice cultivation and production may be carried into. The issuance of said Memorandum No. 88 was made pursuant to the general welfare of the public, thus, it cannot be argued that it was made without any basis,” it added.
Chief Justice Corona and three other members of the division – Associate Justices Presbitero Velasco Jr., Teresita Leonardo-de Castro and Mariano del Castillo – concurred in the ruling.
The Court used as basis a previous ruling that the Secretary of Agrarian Reform has the “exclusive authority” to classify and identify landholdings either for conversion or CARP (Comprehensive Agrarian Reform Program) coverage.
It pointed out that as the agency responsible for implementing the CARP, DAR is authorized by law to “establish and promulgate operational policies, rules and regulations, and priorities for agrarian reform implementation.”
The SC stressed that DAR is given such an authority as it is “mandated to preserve and maintain agricultural lands with increased productivity.”
Likewise, the court made a distinction between reclassification and conversion of agricultural lands to non-agricultural uses.
It explained that conversion is the act of changing the current use of a piece of agricultural land into some other use while reclassification is the act of specifying how agricultural lands shall be utilized for non-agricultural uses, as embodied in the land use plan, subject to the requirements and procedures for land use conversion.
The High Court said reclassification alone will not suffice to use the agricultural lands for other purposes as conversion is needed to change the current use of reclassified agricultural lands.
“For reclassified agricultural lands, therefore, to be used for the purpose to which they are intended there is still a need to change the current use thereof through the process of conversion,” it added.
The SC said that even reclassification of agricultural lands by way of Presidential Proclamations to non-agricultural uses, such as school sites, needs conversion clearance from the DAR.
With this, the SC likewise sustained the validity of DAR Administrative Order (AO) 01-02 issued by former Agrarian Reform secretary Hernani Braganza on Feb. 28, 2002, which was also questioned by CREBA.
Known as the DAR Conversion Rules, AO 01-02 sought to regulate the conversion of agricultural lands to non-agricultural uses and identify those that were wrongly exempted from the coverage of the CARP.
Braganza’s directive deemed as agricultural lands those that are “not reclassified as residential, commercial, industrial or other non-agricultural uses” before Republic Act 6657 or the CARP Law took effect on June 15, 1988.
CREBA claimed Braganza, DAR secretary during the early years of the Arroyo administration, acted without jurisdiction as he had no authority to expand or enlarge the legal definition of the term “agricultural lands” through an administrative order.
But the SC held that in issuing the conversion rules, the former agrarian reform chief only “made clear what are the lands that can be the subject of DAR’s conversion authority, thus, serving the very purpose of the land use conversion provisions of RA 6657.”
It noted that the date of effectivity of RA 6657 served as the cut-off period for automatic reclassifications or rezoning of agricultural lands that no longer require any DAR conversion clearance or authority.
It necessarily follows that any reclassification made after June 15, 1988 can be the subject of DAR’s conversion authority, the court said.
“Having recognized the DAR’s conversion authority over lands reclassified after 15 June 1988, it can no longer be argued that the Secretary of Agrarian Reform was wrongfully given the authority and power to include ‘lands not reclassified as residential, commercial, industrial or other non-agricultural uses before 15 June 1988' in the definition of agricultural lands, " the court said.
By Edu Punay (The Philippine Star) Updated July 05, 2010 12:00 AM
MANILA, Philippines - The Supreme Court (SC) has affirmed the legality of ban on conversion of agricultural lands into commercial use imposed by the administration of former President Arroyo two years ago to address rice shortage in the country then.
The first division of the High Court chaired by Chief Justice Renato Corona junked a petition of Chamber of Real Estate and Builders Associations (CREBA) questioning the legality of Memorandum No. 88 issued by former Agrarian Reform secretary Nasser Pangandaman and approved by Mrs. Arroyo that temporarily suspended the processing and approval of all land use conversion applications nationwide.
In a unanimous decision penned by Associate Justice Jose Perez and promulgated last June 18, the Court upheld the “exclusive authority” of the Department of Agrarian Reform (DAR) to approve or disapprove conversion of agricultural lands to non-agricultural uses such as residential, commercial and industrial.
The DAR order was issued amid concerns that the worsening rice shortage at that time was an offshoot of the unabated conversion of prime agricultural lands for real estate development.
CREBA, umbrella organization of some 3,500 companies and individuals working in the real estate industry, argued that the memorandum was not a valid exercise of police power and that it was unconstitutional because it suspended the land use conversion without any basis.
The High Court, however, dismissed this argument: “It bears emphasis that said Memorandum No. 88 was issued upon the instruction of the President in order to address the unabated conversion of prime agricultural lands for real estate development because of the worsening rice shortage in the country at that time.”
“Such measure was made in order to ensure that there are enough agricultural lands in which rice cultivation and production may be carried into. The issuance of said Memorandum No. 88 was made pursuant to the general welfare of the public, thus, it cannot be argued that it was made without any basis,” it added.
Chief Justice Corona and three other members of the division – Associate Justices Presbitero Velasco Jr., Teresita Leonardo-de Castro and Mariano del Castillo – concurred in the ruling.
The Court used as basis a previous ruling that the Secretary of Agrarian Reform has the “exclusive authority” to classify and identify landholdings either for conversion or CARP (Comprehensive Agrarian Reform Program) coverage.
It pointed out that as the agency responsible for implementing the CARP, DAR is authorized by law to “establish and promulgate operational policies, rules and regulations, and priorities for agrarian reform implementation.”
The SC stressed that DAR is given such an authority as it is “mandated to preserve and maintain agricultural lands with increased productivity.”
Likewise, the court made a distinction between reclassification and conversion of agricultural lands to non-agricultural uses.
It explained that conversion is the act of changing the current use of a piece of agricultural land into some other use while reclassification is the act of specifying how agricultural lands shall be utilized for non-agricultural uses, as embodied in the land use plan, subject to the requirements and procedures for land use conversion.
The High Court said reclassification alone will not suffice to use the agricultural lands for other purposes as conversion is needed to change the current use of reclassified agricultural lands.
“For reclassified agricultural lands, therefore, to be used for the purpose to which they are intended there is still a need to change the current use thereof through the process of conversion,” it added.
The SC said that even reclassification of agricultural lands by way of Presidential Proclamations to non-agricultural uses, such as school sites, needs conversion clearance from the DAR.
With this, the SC likewise sustained the validity of DAR Administrative Order (AO) 01-02 issued by former Agrarian Reform secretary Hernani Braganza on Feb. 28, 2002, which was also questioned by CREBA.
Known as the DAR Conversion Rules, AO 01-02 sought to regulate the conversion of agricultural lands to non-agricultural uses and identify those that were wrongly exempted from the coverage of the CARP.
Braganza’s directive deemed as agricultural lands those that are “not reclassified as residential, commercial, industrial or other non-agricultural uses” before Republic Act 6657 or the CARP Law took effect on June 15, 1988.
CREBA claimed Braganza, DAR secretary during the early years of the Arroyo administration, acted without jurisdiction as he had no authority to expand or enlarge the legal definition of the term “agricultural lands” through an administrative order.
But the SC held that in issuing the conversion rules, the former agrarian reform chief only “made clear what are the lands that can be the subject of DAR’s conversion authority, thus, serving the very purpose of the land use conversion provisions of RA 6657.”
It noted that the date of effectivity of RA 6657 served as the cut-off period for automatic reclassifications or rezoning of agricultural lands that no longer require any DAR conversion clearance or authority.
It necessarily follows that any reclassification made after June 15, 1988 can be the subject of DAR’s conversion authority, the court said.
“Having recognized the DAR’s conversion authority over lands reclassified after 15 June 1988, it can no longer be argued that the Secretary of Agrarian Reform was wrongfully given the authority and power to include ‘lands not reclassified as residential, commercial, industrial or other non-agricultural uses before 15 June 1988' in the definition of agricultural lands, " the court said.
Wednesday, July 1, 2009
Fonte di Versailles - Open House Invitation
“GET LOADED”
At the Paramount Property Ventures’
BBQ Cook-out Event
Featuring the Grill Menu of
Chef Benjamin Jon Valdez
Saturday, July 4, 2009
From 10:00am – 5:00pm
Fonte di Versailles
Tulay, Minglanilla
Sip a complimentary signature cocktail, feast on mouth-watering veggie & meat BBQ...
Enjoy cool lounge music, and discover how you can live in Cebu’s most exciting
and unique beachfront community.
View well planned floorplans and scale models.
As Paramount Property Ventures’ breaks ground on its 9-hectare development
And be one of the first to move in.
Purchase your next home from us and get elegant outdoor furniture from
Metamorfose™ - An exclusive home decor furnishing exporters of modern hand-woven-water resistant sofa, occasional furniture, home and office furniture, transitional sofa sets, dining series and lots more.
To RSVP for this event call our Sales Centre at 233.0061 | 233.0062
For more info of this event email us at inquiries@paramount.ph
or call and text 09208768678 / 09226031217
Shuttle service available.
Pick up and Drop off area is located at:
The Ground Floor of CIFC Tower (Fronting SM City Cebu)
Corner Jumabon and Legazpi St.,
North Reclamation Area, Cebu.
Monday, June 15, 2009
Land vs Condominiums: Which is Which?
Given a particular location, many Filipino buyers contemplate on whether to buy land (this includes House & Lots and Townhouses), or a condominium for which to live in or invest in. Allow me to enumerate the advantages and disadvantages of each below…
LAND - ADVANTAGES
* Your Living Space tends to be BIGGER
* You have more privacy for your family
* Land will always remain present no matter how many houses you build on it, so it can be passed on to future generations of your family
* Land values appreciate over time (since they don’t make new land)
* You can have your own garden, garage, and even a swimming pool if it’s big enough and if you’re rich enough
LAND - DISADVANTAGES
* More expensive especially if you want to live in highly developed areas - these prime lands are usually high-end private villages with large lots and hefty prices
* All the repairs and maintenance of the house will be shouldered by you
* Cheaper Lands are usually farther from highly developed areas and offices
CONDOMINIUMS - ADVANTAGES
* Locations are usually very near the highly developed areas which house offices and malls, making it very convenient in terms of travel expenses
* Available in small sizes, which allow small families and individuals to live in highly-urbanized areas as well
* Enjoy the Amenities like the Swimming Pool, the Gym, and Function Rooms
* Commands higher Rental Revenues and Income to Investors
* Repairs and maintenance of the Condominium will be taken care by the Condominium Administration like the electricity, water piping, maintenance of the amenities, building facade and interiors
CONDOMINIUMS - DISADVANTAGES
* Living Spaces tend to be smaller
* Monthly dues can be burdensome especially for big-sized condominium units
* Building itself depreciates over time, although the land value increases
* High density - you have plenty of neighbors sharing the same building and amenities
Know what you’re investing into - Think about these given observations first before choosing between a land or a condominium in your desired Philippine Property location. Depending on your available finances, your preferences and your dislakes, you should be able to discern whether a landed property or a condominium suits you and your family better.
Choose well!
Source: Terence Ong ( http://realestatephilipinesnlog.com)
LAND - ADVANTAGES
* Your Living Space tends to be BIGGER
* You have more privacy for your family
* Land will always remain present no matter how many houses you build on it, so it can be passed on to future generations of your family
* Land values appreciate over time (since they don’t make new land)
* You can have your own garden, garage, and even a swimming pool if it’s big enough and if you’re rich enough
LAND - DISADVANTAGES
* More expensive especially if you want to live in highly developed areas - these prime lands are usually high-end private villages with large lots and hefty prices
* All the repairs and maintenance of the house will be shouldered by you
* Cheaper Lands are usually farther from highly developed areas and offices
CONDOMINIUMS - ADVANTAGES
* Locations are usually very near the highly developed areas which house offices and malls, making it very convenient in terms of travel expenses
* Available in small sizes, which allow small families and individuals to live in highly-urbanized areas as well
* Enjoy the Amenities like the Swimming Pool, the Gym, and Function Rooms
* Commands higher Rental Revenues and Income to Investors
* Repairs and maintenance of the Condominium will be taken care by the Condominium Administration like the electricity, water piping, maintenance of the amenities, building facade and interiors
CONDOMINIUMS - DISADVANTAGES
* Living Spaces tend to be smaller
* Monthly dues can be burdensome especially for big-sized condominium units
* Building itself depreciates over time, although the land value increases
* High density - you have plenty of neighbors sharing the same building and amenities
Know what you’re investing into - Think about these given observations first before choosing between a land or a condominium in your desired Philippine Property location. Depending on your available finances, your preferences and your dislakes, you should be able to discern whether a landed property or a condominium suits you and your family better.
Choose well!
Source: Terence Ong ( http://realestatephilipinesnlog.com)
Saturday, June 13, 2009
Simple Ways to Entertain Loan Processing While The Buyer Is Abroad
There are steps to be done in financing while the buyer is abroad. The first step is
1) Let him/her reserve the unit so that you will have something to work on at the start. The reservation will give you an assurance that the buyer is really interested and not just seeking for information.
2) You also have to get the developer to cooperate with the bank's time table of processing. For example, if the bank requires 60 to 90 days to process, you need to inform the developer regarding this. But normally, developers require down payment of 30% before it can endorse financing to any bank and before the account is actually transferred, they also require monthly payment to start 30 days after reservation making the contract in-house for the time being until the loan is approved and they receive the loan release.
3) Choose a bank who accepts to process loan even if the applicant is abroad. One of these is China Bank, Banilad Branch. For initial contacts, you can let the buyer call the manager of China Bank and ideally, you are there also while they talked with each other over the phone. The China Bank manager welcomes calls from abroad from people applying for loan while the real estate collateral is here.
4) After the initial talks, you can gather the bank's requirements which the applicant can accomplish and send these documents via email attachments if ever the bank approves that the processing can start with just these email attachments subject to submission of original documents as requirements.
5) Ask the bank if they are willing to send the original contract and Client information sheet to the buyer abroad. If they are willing, then you can send these for client's signatures, and advise to mail back for notarization and completion of the contract. But if the bank is not willing to send the original, either the applicant has to come over just one time to sign the release of the loan, or assign an SPA who will execute the transaction in his behalf. The SPA must be consularized by the nearest Philippine Embassy in the applicant's locality.
6) You will also have to coordinate so that the developer will comply with the submission of bank's requirements such as title, tax dec, sketch plan, etc.
Banks requirements may differ from bank to bank; there are those who require additional requirements, but generally, these the most common requirements of banks:
BANK LOAN
(General requirements of most banks, for specific, contact bank concerned.)
If in the Philippines:
* Income Tax Return (latest)
* Certificate of employment with compensation
* Business Permit (if self-employed)
* Community Tax Certificate
* T.I.N. (Tax identification Number)
* Bank Statement (for the last 6 months)
* Marriage Certificate (if married) (Photocopoy)
* Proof of Billing
* Post Dated Checks
Note: All original except marriage certificate, Business Permit, Community Tax Certificate.
If Borrower is permanently abroad:
* Federal Income Tax Return (latest)
* Bank Statement (for the last 6 months)
* Special Power of Atty. (SPA) (consul authenticated)
* Certificate of Employment with compensation (consul authenticated)
* Proof of remittance
* Business Permit (if self employed)
* Marriage Certificate (if married)
* Post Dated Checks
(Note: All original except marriage certificate)
Based on experience, banks require 40% equity if the applicant is a foreigner. This is to cover the risk factor caused by far distance.
Once all requirements are met, the bank then releases the loan which will go directly to the developer. The applicant may opt for either post dated checks for his payment or arrange an auto debit arrangement with any bank. Or he may open a bank account on the same bank that he applied for loan and the payment shall be automatic debit to such account.
You see? it's very very simple. Isn't it ?
Source: ROI Yahoo Groups / Jane Cuizon
Steps in Pag-ibig Loan Application
Steps in Pag-ibig loan application
A. Attend a loan counselling session at the Pag-ibig office concerned and be briefed on the eligibility. Accomplish a preliminary loan counseling questionnaire, Housing Loan Application (HLA) and Membership Status Verification Slip (MSVS). This will find out if one has an outstanding obligation withHome Development Mutual Fund (HMDF). If eligible, secure the following documents:
* Members Status Verification Slip (MSVS)
* Notarized Housing Loan Application (HLA), Principal / Co-borrowers
* Latest payslip duly certified by the employer (Indicate printed name and designation of assigned signatory)
* Notarized Certificate of Employment Compensation (CEC)
* Income Tax Return (ITR) with W2 form
* Proof of billing address (Electric bills, PLDT. water bills, subscriptions, letters, credit card billing)
* Certified true copy of Condominium Certificate of Title (CCT). Latest title and its trace back through the Registry of Deeds
* Tax Declaration of the property and/or parking
* Tax Receipts of the property
* Contract to Sell (CTS)
* Special Power of Attorney (if applicable) (SPA). a) marriage contract / Birth Certificate. B. Valid ID's (Passport, License, Voters I.D. SSS I.D., Company I.D.
* Location Plan and vicinity map signed by surveyor
* Building, Electric, Sanitary Permits
* Building / Floor plans signed by the borrower
* Specification and Bill of Materials signed by a licensed Engineer.
* License to Sell, Certificate of Registration and Development Permit (if applicable)
* Note: Incomplete documents shall not be accepted. Submit two (2) sets of documents. Original / photocopy. Always bring the original for authentication and verification. Filing fee: P1,000
B. Receive Notice of Approval / Letter of Guarantee and sign loan documents
C. Proceed to BIR and present Deed of Absolute Sale (DOAS) between the developer of the condo unit and applicant for payment of documentary stamps and capital gains tax (if needed).
D. Proceed to the City Hall for payment of transfer tax
E. Proceed to the Registry of Deeds for payment of Registration Fees for the transfer of title.
F. Proceed to the Notary Public for notarization of Loan Mortgage Agreement (LMA) and annotation of mortgage with the Registry of Deeds.
G. Proceed to Assessor's office to secure new tax declaration in the name of the applicant..
H. Secure occupancy permit from the local government Unit.
I. Submit the following documents to Pag-ibig office concerned
* Original Transfer Certificate of Title (TCT) or Condominium Certificate of Title (CCT) in case of a condominium unit, in the name of the applicant with annotated mortgage.
* DOAS with original Registry of Deeds stamp.
* New tax declaration in the name of the applicant.
* Updated real estate tax receipt (if applicable)
* Occupancy Permit
* Assignment of loan proceeds to the developer
J. Release of loan proceeds to the developer
F. Start amortization on the month immediately following loan take out / final loan release.
Important Note: The requirements above may appear voluminous and the steps may be troublesome to follow through. On the other hand, our group of consultants are trained to work closely with developers so that all these requirements will be complied with for our buyers' worry free transaction and minimal participation in the process. We do not charge any fees for processing or any commission whatsoever. The developers will take care of us and their prices remain the same even if sales are made without the agents or brokers.
A. Attend a loan counselling session at the Pag-ibig office concerned and be briefed on the eligibility. Accomplish a preliminary loan counseling questionnaire, Housing Loan Application (HLA) and Membership Status Verification Slip (MSVS). This will find out if one has an outstanding obligation withHome Development Mutual Fund (HMDF). If eligible, secure the following documents:
* Members Status Verification Slip (MSVS)
* Notarized Housing Loan Application (HLA), Principal / Co-borrowers
* Latest payslip duly certified by the employer (Indicate printed name and designation of assigned signatory)
* Notarized Certificate of Employment Compensation (CEC)
* Income Tax Return (ITR) with W2 form
* Proof of billing address (Electric bills, PLDT. water bills, subscriptions, letters, credit card billing)
* Certified true copy of Condominium Certificate of Title (CCT). Latest title and its trace back through the Registry of Deeds
* Tax Declaration of the property and/or parking
* Tax Receipts of the property
* Contract to Sell (CTS)
* Special Power of Attorney (if applicable) (SPA). a) marriage contract / Birth Certificate. B. Valid ID's (Passport, License, Voters I.D. SSS I.D., Company I.D.
* Location Plan and vicinity map signed by surveyor
* Building, Electric, Sanitary Permits
* Building / Floor plans signed by the borrower
* Specification and Bill of Materials signed by a licensed Engineer.
* License to Sell, Certificate of Registration and Development Permit (if applicable)
* Note: Incomplete documents shall not be accepted. Submit two (2) sets of documents. Original / photocopy. Always bring the original for authentication and verification. Filing fee: P1,000
B. Receive Notice of Approval / Letter of Guarantee and sign loan documents
C. Proceed to BIR and present Deed of Absolute Sale (DOAS) between the developer of the condo unit and applicant for payment of documentary stamps and capital gains tax (if needed).
D. Proceed to the City Hall for payment of transfer tax
E. Proceed to the Registry of Deeds for payment of Registration Fees for the transfer of title.
F. Proceed to the Notary Public for notarization of Loan Mortgage Agreement (LMA) and annotation of mortgage with the Registry of Deeds.
G. Proceed to Assessor's office to secure new tax declaration in the name of the applicant..
H. Secure occupancy permit from the local government Unit.
I. Submit the following documents to Pag-ibig office concerned
* Original Transfer Certificate of Title (TCT) or Condominium Certificate of Title (CCT) in case of a condominium unit, in the name of the applicant with annotated mortgage.
* DOAS with original Registry of Deeds stamp.
* New tax declaration in the name of the applicant.
* Updated real estate tax receipt (if applicable)
* Occupancy Permit
* Assignment of loan proceeds to the developer
J. Release of loan proceeds to the developer
F. Start amortization on the month immediately following loan take out / final loan release.
Important Note: The requirements above may appear voluminous and the steps may be troublesome to follow through. On the other hand, our group of consultants are trained to work closely with developers so that all these requirements will be complied with for our buyers' worry free transaction and minimal participation in the process. We do not charge any fees for processing or any commission whatsoever. The developers will take care of us and their prices remain the same even if sales are made without the agents or brokers.
Friday, June 12, 2009
17 Best Business Tips for Real Estate Agent.
For my first blog entry. I found this article written by Irene Dorang very informative and timely. I am new in real estate agent and as day passes by, I am starting to like what I am doing.
17 Best Business Tips for Real Estate Agent gives you tip on how to double your income as a real estate agents. Thanks to google for giving me this result while searching for the best blogger templates for real estate. Instead of finding a template to be use for this blog, I found a very educational tip that I can use to improve my skills in real estate business.
17 Best Business Tips for Real Estate Agent gives you tip on how to double your income as a real estate agents. Thanks to google for giving me this result while searching for the best blogger templates for real estate. Instead of finding a template to be use for this blog, I found a very educational tip that I can use to improve my skills in real estate business.
1. Stay in touch with past clients.
I can’t believe how often I ask people who their real estate agent was when they bought or sold their house, and they can’t remember - even when they liked that person enough to use them again! (Yes, that clinking noise you hear is the sound of money down the toilet.)
Next time you walk into your house, glance at the foundation and wonder how your home would look without it.
Past clients are the foundation of any successful real estate business. Contact your current and past clients at least once a month.
( - though I am new in the business I am now starting to keep the numbers and emails of the my prospect, i know sooner or later, they will buy a property that really suits their need - moveincebu)
2. Automate your marketing.
Unless you have an assistant, at some point you’re going to be too busy to get your marketing out the door. Plus, your time is too valuable (or will be too valuable) to spend doing everything it takes to churn out quality marketing consistently. Start looking now, and find something that will go out regardless of how busy you are.
3. Be yourself.
The best advice I ever got in my real estate career was from my now-gone Harley-riding agent friend, Rick Bakke. It’s simply, “If you can’t be yourself in this business, hang it up.”4. Get your own domain name.
It doesn’t matter if you think you’re not ready for a website, or even if you’re not techie at all. Just do this: Go to Godaddy, search for your first and last name with .com after the end, and buy it if it’s available. (It’s a measly $9/year investment, it’s easy, and you don’t need a website first because you’re just buying the name.)
If you’re feeling creative, search for some other good website names too - but at least buy that one. Go ahead. I dare you.
5. Get your own blog
At least 70% of the agents I talk to either don’t have a website, hate their website or are re-doing their website (and spending plenty in the process.) But these days it’s easy to be online, even if you have no web experience. Get your own real estate blog - Active Rain is real estate-focused and is a great place to start for free. (Blogger is another easy option.)
6. Learn basic Search Engine Optimization.
If you read even just Day 2 of this great SEO Power Strategies course by Brad Callen (it’s free), you’ll be light years ahead of 50% of the people who are online.
7. Learn basic copywriting.
Real estate is actually a marketing business - but 90% of us jump in without ever having learned how to make someone want to buy something!
Here’s a cheat sheet: It’s about them, not you. Talk about benefits, not features. People buy on emotion first, then justify with logic. (Thus, starting a home description with “$2,000 carpet credit”, like I just read yesterday, is a bad idea.)
For the best advice, start with Copyblogger. (Brian, I would have said that anyway.
8. Ask for a referral at the end of your voice mail greeting.
Just say, “And if you were referred to me by friend or family member, please let me know who that was so that I can tell them ‘thank you’.” This reminds people that you expect and appreciate referrals.
9. Ask for referrals, period.
Most people find this painful. But what I learned is, it works. No matter how much people love you, sometimes they will forget to refer you unless they’re reminded. And, no matter how badly you botch the asking, they’re more likely to refer you afterwards.
And speaking of botching….
10. Get the referral spiel down.
If asking for referrals feels awkward, you’ll subconsciously try to avoid it. But by not asking you’re guaranteed to lose out on thousands of dollars in future business.
So make it not awkward. I don’t care if it means locking yourself away in a hotel room with a week’s supply of Crunch Berries, do what it takes to come up with a spiel that sounds like you and that slips nonchalantly off your tongue. (That tip alone will pay for years of high-end coaching - which now you may not need!)
11. Beware of time-wasters.
If you work in a social office, this can be a challenge. But the next time someone pauses at your office door in a well-meaning attempt to talk about their Schnauzer’s last toenail operation (or worse, to commiserate with you about how real estate sucks), remember that there are always more of them than there are of you.
Beware, and find ways to politely guard your productive time.
12. Don’t ask “How much can you afford?”
Ask, “What price range would like to stay within?”
13. Learn the basics of home staging
This is key to getting listings in the future. You don’t have to get a certification (although that’s not a bad idea), but learn what it takes to prepare a home for sale. Over 80% of agents don’t do this, or if they do they flub up the photos.
And speaking of photos….
14. Always take “Before” photos of your home staging.
Why? Because a “Before and After” home staging photo gallery is one of the most powerful marketing techniques you can use to get home listings.
(But take it from me - you’ll be tempted to skip the “Before” part, so just make yourself do it.)
15. Learn how to take good real estate photos.
Or, hire out. But the current level of quality for real estate photos online is abysmal, and clients are getting tired of it. Be on the crest of that wave, not behind it. Start by using a 24 mm camera, or wider angle for interior shots (not the usual 35 mm.)
16. Ask for testimonials, and use them in your marketing.
The power that other people have when it comes to selling your services is far greater than your own. Yet most real estate agents have a string of happy clients and no written testimonials they can quote. There’s an easy way to ask for and get testimonials that I only learned a year of so ago, and it’s in my post “How to Get Better Testimonials”.
17. Hang in there.
At the end of my fifth year of real estate (and having done pretty well during the third and fourth years), pretty much all it took for me to burst into tears was for someone to say something incredibly poignant along the lines of, for example, ”Hi Irene, how are you?”
I went five straight months without a paycheck - working like a horse the whole time - and by the end I seriously was wondering if the jig was up. Was this going to be, in hindsight, the part in the story when I would say “And that’s when I got out of real estate?”
I went from November through March without a paycheck. But by December I had made twice what I made the year before.
Often we’re tempted to give up when we’re 80% of the way to reaching our goal. And nearly always, the last 20% of your effort will produce 80% of your results.
So, hang in there.
Source: http://toolsforrealestate.com
