Cebu Real Homes Phils

BENEFITS OF BUYING PROPERTIES while they are still in Preselling stage:

1. PRESELLING PROPERTIES ARE NORMALLY CHEAPER - In the absence of the physical unit. preselling properties are normally sold at a cut-rate price of 30-50% off compared to the price of a finished unit. Aside from its affordable introductory price, many property developers offer flexible payment schemes and even discounted down-payment price.

2. THEY GIVE BUYERS THE BEST UNIT OPTIONS - When buying an RFO property, more often than not, the buyer is usually left to choose from the less desirable units or locations. In buying preselling properties, buyers are granted a privilege to choose their ideal lot or unit location at an early phase, usually during the project launching stage.

3. ONCE COMPLETED, THEY CAN PROVIDE A STEADY SOURCE OF INCOME - Speaking of renters, once the property is completely done and is now ready for occupancy, the buyer can opt to rent it out, and through this, the buyer earns a steady cash flow. Alternatively, the buyer can also make more from his or her property by selling it once completed, by which time the property has increased its value.

4. THEY ARE AN EXCELLENT INVESTMENT OPTION - The value of real estate, especially well-located ones, appreciates over time. This is true for preselling properties. At the time of their completion, the value of preselling condos or house and lots have increased considerably, that the buyer can earn a profit by selling them in the secondary market.

‼️ LOOK: SM SEASIDE ARENA as of July 28, 2024
Check out this aerial view of the SM Seaside Arena and SMX Convention Center, which are being built next to SM Seaside City. They are part of a mixed-use development project jointly owned by SM Prime Holdings and Ayala Land.

✅ PBA, FIBA World Cup, and other sports events
✅ K-POP Concerts
🔜 Sinulog Grand Stage

The Seaside Arena will be able to seat 16,000 people (almost as big as the MOA Arena in Manila). It will be the ideal place for large events like concerts, sports, and conventions, both local and international. The SMX Convention Center is located next to the arena.

SRP is the perfect venue for such big arena. People from the Talisay in the south and Mandaue in the north will take the Cebu South Coastal Road. The people from Lapu-Lapu and Cordova will take the CCLEX.

The F. Vestil Road next to the arena is a future route for the Package 2 of Cebu Bus Rapid Transit. Currently, modern buses like MyBus and CIBUS is plying this route. Private cars don’t need to worry about coming in and out of SRP because there are currently four steel bridges being built, which connect to Jansen Street in Brgy. San Nicolas, Tabada Street in Brgy. Mambaling, White Road in Inayawan, and Carlock Street in Duljo Fatima.

📸 : Truly CEBU | Follow the page for more updates 🇵🇭

Have you ever wondered what those letters engraved mean?

🔘PS - Stands for Private Surveying. It means that it is surveyed by a "PRIVATE" geodetic engineer

🔘BL- Stands for Bureau of Lands. It means that it is surveyed by the Land Management Bureau

🔘PLS - Stands for Public Land Subdivision. Stands for Public Land Subdivision

🔘AR - Stands for Agrarian Reform. A surveyed land for Agricultural purpose

Well,

Credits to the rightful owner.

This development will increase the property value in Minglanilla by 15-25%! So if you are looking for a quality house and lot inside a subdivision with complete amenities, invest now while you still can.

Coming soon in Minglanilla...

Minglanilla Techno Business Park is a 100-hectare property envisioned to be a World-Class mixed-use township. Minglanilla Local Government, together with Ming-Mori Development Corporation, a business affiliate of Leading Vismin developer Cebu Landmasters, undertakes the property for the development of the techno hub.

About the Project

Minglanilla Techno Business Park (MINGMORI) is a 100-hectare reclamation project composed of two islands separated by a 30-M wide channel located in the coastal roads of Barangay Tulay, Calajo-an and Tungkil Minglanilla. The reclamation project will be transformed into a techno-business park with a fully-integrated port facility. There is also an opportunity to integrate commercial, industrial, civic and recreation uses to create a more vibrant, self-sustaining, and supportive environment.

Master Planning, Infrastructure Design, and Coastal Engineering is designed by Surbana Jurong Consultants from Singapore, one of the largest and most successful Asia-based urban and infrastructure consulting firms with projects in over 30 countries around the world.

Minglanilla Techno Business Park (MINGMORI) is part of Metro Cebu and shall align with the road map to achieve the 2050 vision of enhancing the region’s competitiveness, providing convenient transportation networks, and creating a pleasing working environment. This project is only 5 km away from the South Growth Center of Naga City. In the future, the techno hub shall be a catalyst project spearheading the transformation of the southern region’s growth and development.

Core Objective of Development

The core objective of the development is to foster a regional center with a competitive advantage, and a vibrant and sustainable environment that will promote economic development, improve quality of life, and elevate Minglanilla’s position in Metro Cebu. The project aims to create a unique destination with diverse amenities for living and an inspiring environment.

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Looking to invest in properties in the Philippines, specifically in Cebu? Our licensed real estate brokers are ready to help.

OUR SERVICES INCLUDE:

◾️Project Presentation and Site Viewing
◾️Unit Reservation Assistance even if you are outside the country
◾️Construction Updates
◾️Real Estate Document Signing
◾️Full Representation (Attorney-In-Fact)
◾️Homeloan Assistance through our accredited banks
◾️Unit Punchlist and Inspection Walkthrough with our partner engineers
◾️Unit and Key Handover
◾️Fit-Out Assistance with our partner Interior Designers
◾️Aftersales Services (Real Estate Documents, Title & Tax Dec Availability)
◾️Property Management and Leasing
◾️Market Valuation / Real Estate Appraisal
◾️Property Consultation
◾️Due Diligence

For more information about our services, contact us.

Robelyn G. Batobalonos, REA., REB
Engr. Henry Batobalonos Jr. REA., REB
+63 977 833 8740 | +63 32 354 2750

Providing service to our valued customers in their real estate needs since 2009. Always ensure to validate professional license with www.prc.gov.ph before engaging in real estate transactions.

Tips for Paying Off Your Pag-IBIG 30-Year Home Loan Early

Are you tired of the burden of a 30-year home loan from Pag-IBIG hanging over your head? The thought of being in debt for three decades can be daunting, but fear not! With strategic planning and disciplined financial management, you can pay off your home loan ahead of schedule and save thousands of pesos in interest payments. Here are some tips to help you achieve this goal:

1. Increase Your Monthly Payments: One of the most effective ways to pay off your Pag-IBIG home loan early is to make extra payments to the PRINCIPAL amt whenever possible. Even a small increase in your monthly payment can significantly reduce the principal amount and shorten the loan term.

2. Make Biweekly Payments: Instead of making monthly payments, consider switching to a biweekly payment schedule. By doing so, you'll make 26 half-payments each year, which is equivalent to 13 full payments. This extra payment can help you pay off your loan faster.

3. Utilize Windfalls: Whenever you receive unexpected money, such as a bonus, tax refund, or inheritance, consider putting it towards your home loan. Windfalls provide an excellent opportunity to make a lump-sum payment and reduce your outstanding balance.

4. Refinance to a Shorter Term: If your financial situation allows, consider refinancing your 30-year Pag-IBIG home loan to a shorter term, such as 15 or 20 years. Although your monthly payments may increase, you'll pay less in interest over the life of the loan and own your home sooner.

5. Cut Expenses and Redirect Savings: Take a close look at your budget and identify areas where you can cut expenses. By reducing discretionary spending and redirecting savings towards your mortgage, you can accelerate your journey towards debt-free homeownership.

6. Generate Additional Income: Explore opportunities to increase your income, such as taking on a part-time job, freelancing, or starting a side business. The extra income can be used to make larger mortgage payments and expedite the payoff process.

7. Avoid Additional Debt: While paying off your Pag-IBIG home loan early is a commendable goal, avoid taking on additional debt in the process. Resist the temptation to finance big-ticket purchases with credit cards or personal loans, as it can hinder your progress towards financial freedom.

Remember, paying off your Pag-IBIG home loan early requires discipline, sacrifice, and careful financial planning. But the peace of mind and financial stability that come with owning your home outright are well worth the effort.

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FYI

Real Property Tax (RPT) Deadline: Dates to Remember This 2024

For those who wish to pay in full, the deadline is January 31, 2024. The deadlines are as follows for those who want to pay it in quarterly installments:

☑️First Quarter: By March 31 or earlier
☑️Second Quarter: By June 30 or earlier
☑️Third Quarter: By September 30 or earlier
☑️Fourth Quarter: By December 31 or earlier

☑️How Much is the Real Property Tax?
The following rates form the basis of real property tax computation, according to the Local Government Code of 1991:
1% of the property’s provincially assessed value
2% of the property’s assessed value in Metro Manila
To determine real property tax assessments, use this formula:
Real Property Tax = Rate x Assessed Value

☑️How to Pay Your Real Property Tax
To pay your real estate tax, you have two options: at the city or municipal treasurer’s office and on the websites of various LGUs. You can pay it in full or in quarterly installments.

☑️What Happens if You Don’t Pay Your Real Property Tax?
Penalties apply if you don’t follow the real property tax deadline this 2024. With a maximum penalty of 72% after three years, the penalty is 2% interest added to the outstanding balance each month.

PAG-IBIG HOUSING LOAN TIPS‼️
If kumuha ka ng house sa subdivision through PAG-IBIG, take note of these tips:

📌Always pay your monthly amortization and monitor it online via virtual pag-ibig website. They don't send monthly bills so pay your monthly amortization diligently para di lumobo utang mo.

📌Yung binabayaran mo na monthly amortization, naku ang liit lang ng napupunta nyan sa principal. I asked the staff sa pagibig and they told me about the breakdown of my P9,555.34 Monthly Amortization:

P7,166.67 interest
P235.80 Fire
P360 insurance
P1,792.87 Principal 😭
= P9,555.34 total monthly Amortization

Diba ang liit ng kaltas sa principal. Ang laki ng bayad sa interest. 😭

📌This is how you compute your monthly interest. Bigay ko na example yung amin.

1.6M = principal (total amount ng utang namin)
5.375% = annual interest
divided by 12 months

1.6M x 5.375% ÷ 12 = P7,166.67

📌That's why, it is highly recommended to pay in advance sa principal mismo if you have extra money para lumiit din ang interest na binabayaran mo. For example, after 5 years, 1M na lang principal mo so 1M x 5.375% ÷ 12 = P4,479.17

📌Di bababa ang monthly amortization mo BUT because smaller na ang interest, BIGGER na ang kaltas sa principal mo.

📌If you have extra money and you want to pay in advance, go directly to pag-ibig office and sabihin EXCESS TO PRINCIPAL yung payment mo.

---For example, magbabayad ka ng 50k and
10k ang monthly amortization,
the excess which is 40k will be deducted directly sa principal amount mo. So nakabayad ka na ng monthly Amortization, nabawasan pa principal mo.

📌Iwasan mag advance payment sa monthly amortization sa bayad centers. Mababa lang nababawas nyan sa principal mo. Bayad ka na lang sa principal.

---For example, if nag bayad ka sa payment centers ng 50k for your monthly amortization, meaning you don't need to pay for 5 months kasi nag advance ka na sa monthly amortization mo. Pero ang liit lang ng kaltas nyan sa principal mo.

📌You can pay the principal ONLY IN PAG-IBIG OFFICE not in bayad centers.

📌For example, nakabayad ka na ng monthly mo sa bayad center last April 1 tapos may extra money ka pala before your due date and you want to pay in advance, pwede pa yan. Punta ka ng pagibig office and say you'll pay DIRECT TO PRINCIPAL. Para whole amount na mabayad sa principal.

This is based on clients experience and based sa sabi ng staff sa pagibig. I hope this can help you guys. We need to be financially literate para di tayo mabaon sa utang. 😁

CTTO

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Avida's 33rd Anniversary Promo! Secure your dream home today and unlock savings up to 15% off on Ready for Occupancy units.

Contact your licensed real estate practitioners for more details 📩📩
Terms and Conditions apply.

📲 09778338740
☎️ 032 354 2750

Real Estate 101 🔥

Transfer of Title; From mother Title to individual Subdivided Lot

The duration of the Transfer Process depends on the Nature and Origin of the Title.

In most cases, the ”Mother” title or the title that covers the entire property is usually under the name of the deceased parents or relatives of the Seller. This scenario takes the longest time to process. To wit:

1. Ex*****on of the EXTRAJUDICIAL SETTLEMENT OF ESTATE either for Partition or Sale. The ex*****on may take time because it requires the presence of all the heirs who have shares or interest of the property.

2. Next would be the Publication of the ExtraJudicial Settlement of Estate and the Processing and Payment of the Estate Tax.

3. Simultaneously, if the heirs agreed to a certain partition , they must Hire a competent Geodetic Engr., to survey and plot the Subdivision plan based on the agreed partition. Then, it will be submitted to DENR for approval. (This will usually take 3-12 months depending on the DENR.)

4. Upon completing the Publication Requirements, the heirs can now proceed with the BIR to settle the estate tax and wait for eCar to be released. (Usually 3-6 weeks)

5. Once the eCar is released, you may now proceed to the Registry of Deeds to update the Title. From the Old Title named after the deceased parents to the HEIRS.

6. Once the DENR will release the approval of the Partition/Subdivision plan, the heirs may now proceed to the Registry of Deeds (ROD) to apply for the Splitting of Title. This may take up to 6 weeks.

7. After the Titles are individualized and released, the heirs may now proceed to the Assesors for assessment, inspection and issuance of individual Tax Declaration.

8. Note: properties under estate taxes and subdivided among heirs will be annotated with encumbrances for its Liabilities under Sec. 4 Rule 74 for 2 years. This is a protection to all the heirs or creditors that are not aware or not uncluded in partition.

9. If you buy a portion of this property, you may now start the Transfer Process which may include the ff:

9A. Ex*****on of the final Deed of Sale with Title no. And description of the actual portion.

9B. Payment of Capital Gains Tax, Documentary Stamp Tax and other transfer Fees.

9C. After settling the BIR transfer Tax, you may now obtain your eCAR from from the BIR. (3-8 weeks)

9D. Once the eCAR is available, you may now proceed to the ROD for the transfer of title. (3-8 weeks)

9E. After the Release of the Title, you have to proceed to the Assessors office for inspection, assessment and issuance of new Tax Declaration.

The entire processing usually take 18-36 months depending on fast you can comply with all the requirements.

Done with our scheduled Pag-ibig's online verification for our KSA-based nurse client's home loan application and yours truly is her official respresentative or AIF.

Do you have any home loan concerns? Message us for assistance.

GOOD NEWS!

EXTENDED deadline to file the estate tax amnesty returns and to pay the corresponding estate taxes is until June 14, 2025.

Do not wait any longer! Now is the time to settle the estate of your deceased parents, grandparents, and other relatives whose properties you've inherited. The incurred penalties, interest and surcharges - all those will be waived when you settle before the due date.



Source: https://www.officialgazette.gov.ph/2023/08/05/republic-act-no-11956/https://www.officialgazette.gov.ph/2023/08/05/republic-act-no-11956/https://www.officialgazette.gov.ph/2023/08/05/republic-act-no-11956/https://www.officialgazette.gov.ph/2023/08/05/republic-act-no-11956/

Protect your hard earn money always ask if the project for development is a titled lot.

Tax declaration is not a proof of ownership.

I'm so in love with the new house design of ASHA (2 Storey Single Detached; 4BR; 2 T&B; Lot area: 120sqm and Floor Area: 82sqm) This unit has a very affordable monthly amortization that starts from 33K/mo only.

Check out our few units left in AMOA. Message us. .

ATM:
Amoa Compostela Cebu

We have lot only and house and lot packages available!

Hello dear buyers!
We will go LIVE in a while and let you see some Cebu projects of Aboitizland.
Who's excited?

INVEST NOW, and tomorrow have a home to be called YOURS.

Renting a house is an expense, buying a house thru monthly installment (utang / data-data) is an investment. What you have paid, is yours, and it will return to you DOUBLE in just a matter of 3 years time.

TOP reasons why we should invest;

1. If you will use your money to buy CAR - A car worth 1M today, the next day or month, nobody will buy at 1M - because it’s an expense - that's DEPRECIATION.

2. PROPERTY - (house and lot, lot only, or condo) - A property worth 1M today, a year after, or even several years after, its no longer 1M - why? Because value APRECIATES - IT'S AN INVESTMENT!

3. What you have paid will return to you double or in so many folds. Besides it will give a good income thru rentals. 👌

4. Putting your hard earned money in a Bank! Savings/Time deposit/etc - Bank will give you small interest. Borrow Money in a Bank - Bank will give you BIG INTEREST! BANK EARNS, DEPOSITOR - LOSES.

So why INVEST? Investment really gives value to your hard earned money. 👌

REMEMBER: AGE RUNS SO FAST. IT WILL OVERTAKE US. WE CANNOT WORK FOREVER. INVESTMENTS ARE FORCED SAVINGS FOR FUTURE NEEDS.

ccto






Transact only with LICENSED Real Estate Practitioners. Verify their names at www.prc.gov.ph.

𝗔𝘀 𝗹𝗼𝘄 𝗮𝘀 𝗣𝗵𝗽 𝟵,𝟵𝟬𝟬 𝗽𝗲𝗿 𝗺𝗼𝗻𝘁𝗵 𝗹𝗼𝗰𝗮𝘁𝗲𝗱 𝗶𝗻 𝗖𝗼𝗻𝘀𝗼𝗹𝗮𝗰𝗶𝗼𝗻, 𝗖𝗲𝗯𝘂! 𝗙𝗜𝗥𝗦𝗧 𝗖𝗢𝗠𝗘, 𝗙𝗜𝗥𝗦𝗧 𝗦𝗘𝗥𝗩𝗘! 𝗣𝗥𝗜𝗢𝗥𝗜𝗧𝗬 𝗡𝗨𝗠𝗕𝗘𝗥 𝗥𝗘𝗤𝗨𝗜𝗥𝗘𝗗.

Are you looking for an affordable property
✔️ close to Cebu City?
✔️ the type of housing with a very low number of housing unit? Meaning, limited ra ang namuyo sa subdivision.
✔️ can be availed thru bank financing? We will fully assist you on this.
✔️ with complete amenities for your family?

Available units:
🏘 𝗗𝘂𝗽𝗹𝗲𝘅
🏠 𝗦𝗶𝗻𝗴𝗹𝗲 𝗗𝗲𝘁𝗮𝗰𝗵𝗲𝗱
🏠 𝗦𝗶𝗻𝗴𝗹𝗲 𝗔𝘁𝘁𝗮𝗰𝗵𝗲𝗱

Submit your reservation requirements now to secure your priority number this month of February as we will launch this project very soon!

What are the requirements?
📍 2 valid govt. IDs
📍 Certificate of Employment/ Payslips
📍 Verified BIR Tax Identification Number
📍 Signed Buyer Information Sheet/SPA Forms (We will provide.)

Secure your reservation now! To serve you better, call/text us at:

Robelyn G. Batobalonos
Engr. Henry F. Batobalonos Jr.
Licensed Real Estate Brokers/Appraisers
09778338740
09338140349
032 354 2750
[email protected]

Serving over a hundred active real estate clients since 2009. Always transact with LICENSED Real Estate Practitioners. Check their names and license thru www.prc.gov.ph.

𝐉𝐔𝐒𝐓 𝐈𝐍!
𝐉𝐔𝐒𝐓 𝐈𝐍!
𝐉𝐔𝐒𝐓 𝐈𝐍!

𝐋𝐨𝐨𝐤𝐢𝐧𝐠 𝐟𝐨𝐫 𝐇𝐨𝐮𝐬𝐞 𝐚𝐧𝐝 𝐋𝐨𝐭 𝐢𝐧 𝐭𝐡𝐞 𝐂𝐢𝐭𝐲?

Guada Verde Residences is opening THIS FEB! Very exclusive subdivision with limited units. 🤩

RESERVATION FEE: 30,000

✅All Duplex Houses
⭐️3 Bedrooms (2nd Floor)
⭐️Lot area: 60 sqm
⭐️Floor Area: 112sqm

Rising soon 𝗶𝗻 𝗚𝘂𝗮𝗱𝗮𝗹𝘂𝗽𝗲, 𝗖𝗲𝗯𝘂 𝗖𝗶𝘁𝘆.
An exclusive community of 70 units only.

Estimated Price:
TCP P8.9M - P12M
20% DP spread over 42months
80% Bank financing

This is going to be a fast selling property so reserve your slots now!

Direct message us or call/text us at 0977 833 8740 or 032 354 2750. Thank you.

What to expect in Philippine real estate this 2023

Whether you’re looking for a new home or an investment, you might be wondering if entering the real estate market is still a wise decision. Luckily, Philippine real estate has demonstrated consistent growth in the past few years. Not only that, but the market is predicted to remain the same this year.

Read on to learn more about this year’s forecasts on Philippine real estate!

✔️Demand will remain high

The mid-income market will continue to drive the demand for housing, especially for properties that feature pocket parks and green areas. In addition, demand for luxury condominium developments is also expected to be sustained throughout the year.

✔️Property prices will increase

Due to the demand, prices of real estate properties are projected to increase. Aside from the demand, other factors that will contribute to this increase include rising inflation and interest rates.

✔️Recovery will be steady

According to real estate consultancy company Lobien Realty Group, commercial real estate flourished in 2022. The company predicts that 2023 will also be another year for steady recovery for the Philippine real estate market.

✔️OFW market will continue to be a top contributor

A projected key player in the local market is the overseas Filipino workers’ remittances, which Fitch Solutions predicts will demonstrate a 5% growth this year. This increase will help maintain remittances as a resilient source of income in 2023, contributing to the real estate industry’s overall growth this year.

Still on the hunt for a new home? Let us help you. Message us for your real estate concerns.

Representing our Canada-based clients for their bank financing concerns. Thank you to our bank AO for the assistance.



:)