Archive for the ‘Real Estate’ Category
Davao Real Estate Forum
A retired public servant and soon to be real estate broker suggested that a specific forum channel be put up to answer questions that people might have regarding real estate. And with that the Davao real estate q & a forum was born (here).
It’s quite an interesting and informative forum really. I never knew the intricacies of real estate taxation that the local government imposes on land, housing and commercial establishments till I read the articles posted there.
Quite an important thing to have knowledge of when you plan to put up a house or building in the Philippines. Also posted there the reason why you have to transfer right away any properties that you have bought to your name, because some unscrupulous sellers report a lost title and resell the property.
Davao Housing Loan Ruckus
Further developments in the problem of home loan foreclosure being faced by the Davao real estate sector right now.
The City Mayor thinks that the President of the Philippines is the only one who can solve this problem now.
What’s clear to me is the problem in Davao City. I wonder if there are other cities in the Philippines facing the same problem of a possible meltdown in the home loan mortgage industry?