Finding Real Estate Property

Moving to a new place requires a lot of planning and it needs to be done effectively. A thorough research should be done while finding an appropriate property, with all the basic amenities and utilities. It makes the moving experience a pleasant, efficient and effective one. Searching a property should meet your lifestyle and at the same time, it should be within the budget. There are various property locator service providers that help you to find a property which suits your needs. Now you can find even the property listings that are available on web like http://www.buyphilippinehomes.com/

With the number of properties growing each year, perspective residents have a huge variety to choose from. With property prices continuing to climb however, you'd want to make sure the property you choose is exactly what you want, because you'll probably be paying a fair proportion of your income on either rent or repayments. There are many other things to consider depending on your requirements. A professional or retiree may be looking for a building that contains a higher proportion of owner occupiers and has good sound insulation, whereas a younger person may be happy to live in a building with a higher proportion of students and won't be as bothered by the noise from parties or other loud behavior in the building. Price is also a major factor and generally you'll get what you pay for.

What you want from a property will vary from one person to the next, but if you cover the main items of quality, parking, facilities and security, you'll be well on your way to finding the perfect property.

Home Ownership is now just a click away Buy Philippine Homes is a website dedicated for home buyers and sellers.Buying / Selling a property can now be simplified through online marketing. One can acquire a Philippine property without leaving ones home, let alone ones country of residence. Buyers can be provided with complete details of the property and assist buyer with the process of the purchase and documentations as well. For more information, visit us at http://www.buyphilippinehomes.com

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Guidelines on Settlement of Estates

WHAT IS AN ESTATE?

• An Estate is comprised of the real and personal properties of a decedent.
• A life insurance policy or a pre-need plan or a mutual fund placement is considered personal property.

WHEN IS THE SETTLEMENT OF AN ESTATE REQUIRED? The settlement of an estate is required by Sun Life under the following circumstances:

1. The beneficiary who will receive the proceeds under a life insurance policy or pre-need plan is an Estate.
2. The owner of the life insurance policy or pre-need plan or mutual fund placement has become an Estate and needs to transact business with the company.

HOW IS AN ESTATE SETTLED? An Estate may be settled judicially or extra judicially:

I.    EXTRAJUDICIAL SETTLEMENT.

• “Extrajudicial” means “outside of court.”
• The heirs do not have to go to court to partition the properties left
• by the decedent.
• There are two (2) kinds of extrajudicial settlement:

A.    COMMON REQUIREMENTS FOR AN EXTRAJUDICIAL SETTLEMENT TO BE VALID:

1. The decedent died intestate, i.e., without a valid will;
2. The estate has no outstanding debts at the time of the extrajudicial settlement;
3. The heir/s are all of age, or the minor heirs are represented by their judicial guardians or legal representatives;
4. The extrajudicial settlement is made in a public instrument, stipulation or affidavit duly filed with the Register of Deeds;
5. The fact of such extrajudicial settlement must be published in a newspaper of general circulation once a week for three (3) consecutive weeks; and
6. The parties to the extrajudicial settlement shall file a bond with the Register of Deeds in an amount equivalent to the value of the personal property involved.

This bond should be filed simultaneously with the extrajudicial settlement instrument(document). Such bond will answer for the payment of any just claim at any time within two (2) years after the settlement and distribution of an estate.

B.    WHO MAY EXECUTE AN EXTRAJUDICIAL SETTLEMENT?

1. THE SOLE HEIR. The one and only heir may adjudicate the entire estate to himself by means of an affidavit (called an “Affidavit of Self-Adjudication”) filed in the Register of Deeds of the place where the decedent resided.
2. THE HEIRS* AGREEING AMONG THEMSELVES. The heirs may divide the estate among themselves by means of a notarized instrument filed in the Register of Deeds.

The steps to follow are:

a.    Prepare a “Deed of Extrajudicial Settlement of Estate and Adjudication of Estate” to be signed by all of the
       heirs, which must contain the following information:

• That the decedent left no will;
• That the decedent left no debt;
• Each heir’s relationship to the decedent (e.g. spouse, son, daughter, father, mother etc.);
• That they are the decedent’s only surviving heirs;
• An enumeration and a brief description of the decedent‘s properties, both real and personal, which the heirs are now dividing among themselves. The decedent’s Sun Life Financial life insurance policy; pre-need plan number; or mutual fund.

* Heirs for purposes of the discussion on extrajudicial settlement, may refer to the following:

1. if the deceased was single without children – surviving parents;
2. if the deceased was single with children– legitimate and illegitimate children only;
3. if the deceased was single with illegitimate children and surviving parents – surviving parents and illegitimate children only;
4. if the deceased was married with children - legal spouse and illegitimate and legitimate children only; and
5. if the deceased was married with illegitimate children – legitimate spouse, surviving parents and illegitimate children. Claimants are encouraged to seek the advice of their own legal counsel.

Placement certificate number must be specifically mentioned; and How the properties are to be divided among the heirs including a specific mention of who will assume ownership and/or all the benefits resulting from the Sun Life Financial life insurance policy; pre-need plan; or mutual fund placement.

b.    Have the “Deed of Extrajudicial Settlement and Adjudication of Estate” notarized before a Notary Public after
       all the heirs have signed it.

c.    Secure a bond from a reputable bonding company acceptable to the Register of Deeds. The amount of the
       bond is equivalent to the value of the personal property included in the extrajudicial settlement.

d.    Register the notarized “Deed of Extrajudicial Settlement and Adjudication of Estate” with the Register of
      Deeds. The bond is simultaneously filed with the “Deed of Extrajudicial Settlement and Adjudication of Estate”.

e.    Publish the “Deed of Extrajudicial Settlement and Adjudication of Estate” in a newspaper of general circulation
       once a week for three (3) consecutive weeks.

II.    JUDICIAL SETTLEMENT OF ESTATE. 

There are times when resort to court is unavoidable, particularly when the deceased left a will or debts and/or the heirs are in dispute.

A.    COMMON REQUIREMENTS FOR JUDICIAL SETTLEMENT:

1. By means of a petition filed in court.
2. Where filed?

• If the decedent was a resident of the Philippines at the time of his death, the petition must be filed before the Regional Trial Court in the place where he resided at the time of his death.
• If the decedent was a resident of a foreign country at the time of his death, the petition must be filed in any Regional Trial Court in the province where he had estate.

      3. Publication. Notice of the filing of the petition for settlement of estate and the proceedings thereof are
          required to be published in a newspaper of general circulation once a week for three consecutive weeks.

B.    WHEN IS THERE A JUDICIAL SETTLEMENT?

1. SUMMARY SETTLEMENT OF ESTATES OF SMALL VALUE. An estate of small value is worth Ten Thousand Pesos or less, regardless of whether or not the decedent left a will.

The steps to follow are:

• File a petition in court alleging that the estate is of small value.
• Publish a notice of the settlement proceedings in a newspaper of general circulation once a week for three (3) consecutive weeks.
• After completion of publication, the court may set the case for hearing and proceed summarily to settle the estate.

     2.  PROBATE OF WILL. If the decedent left a will, such must be probated, i.e., allowed or disallowed. 

The steps to follow are:

• File a petition in court praying for the probate of the will and settlement of estate of the decedent.
• The court will set a time and place for the probate and shall cause notice of such to be published in a newspaper of general circulation once a week for three (3) consecutive weeks.
• On the hearing date, the court will proceed with the probate of the will and distribute the estate to the heirs/legatees accordingly.

      3.   DECEDENT LEFT NO WILL. If the decedent left no will, the steps are the same as the above, except that
            the petition will pray for the settlement of the estate of the decedent.

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The Pride of Baguio City in the Philippines Products to Suit Everybody

Apart from being a growing attraction for overseas tourists Baguio City in the Philippines is a big favorite amongst the Filipino people for holidays and for it's great local products. Smack bang in the middle of a rain forest, the city is 1500 meters above sea level with a cooler climate than the rest of the Philippines. However, that cooler temperature is still on average much higher than for instance the UK!

Whenever people visit the City of Pines, the one thing that they never forget to take back home is the local products of the city. These include vegetables, jams, choco flakes and peanut brittle. Vegetables are among the products which are the most popular in the city of Baguio. This is because a myriad of plants and fresh vegetables such as cabbages easily grow in the mild climate here.

Even with such an abundance, people tend to "hoard" vegetables to take back home. It is significant that vegetables and how they are grown in the area leans towards going organic. Baguio City's organic vegetables are becoming more and more popular each day because they are safer, healthier and they taste better than chemically grown produce. Restaurants that serve organic vegetables are becoming more and more popular. Now, vegetables in Baguio are not just fresh, they are organic as well.

Some of the other products that the city is proud of are the popular food items that can be found on sale in the market. These include peanut brittle, choco flakes, lengua and even strawberry and ube jams. These products are what people usually buy to take home to their friends and relatives. They are easily affordable - ranging from 50 pesos to 200 pesos. When you purchase these products you cant go wrong with the satisfaction and the taste of these unique food items.

Flowers are what Baguio takes great pride in. Since the launch of the Panagbenga or the Baguio Flower Festival in 1996, the peoples interest in the citys flowers have grown. The yearly festival lasts throughout the month of February. During that time there is floral float parades, dancing and music including rock and pop festivals. If you are looking for somewhere special to take your partner on Valentines day this city is perfect!

Many different types of flowers can be found in the market of Baguio City and each day, they are delivered fresh from the flower farms. Just some of the species that can be be seen while walking along the flower section of the public market are: various varieties of roses, sunflowers, hydrangea, bromeliad, marigolds, impatiens, Christmas cactus and poinsettas. Even rare plants flourish because of the mild climate and the best part is that these gorgeous plants and flowers are very affordable compared to other places. Indeed Baguio's flower industry blooms each and every day and the name 'flower capital of the Philippines' is well deserved.

Baguio is an unforgettable experiences for anybody visiting the Philippines. With trips to the right places and the right information a visit here is definitely worthwhile. While in Baguio, you should never forget to drop by the marketplace to enjoy the products the city offers to make the trip complete. Baguio City: the City of Pines and the Summer Capital of the Philippines, a place of solitude, leisure, recreation and of course products worth bringing home as a remembrance of a wonderful experience.

Source

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Three Reasons Why Visit or Retire in Baguio City

The Cold Weather

Baguio remains the place to be (particularly) during the warmest months of the year; it retains its allure as THE Summer Capital of the Philippines. Where people find refuge during the continuous torrent of heat days on summer months. On such days - it is guaranteed: the temperature is always better in Baguio. A migrant friend of mine from Germany actually described our weather as "eternal spring." Because of its high elevation, the temperature in the city is usually 8 degrees Celsius (46 degree Fahrenheit) lower than the adjoining lowland locations. The average temperature is from 15-23 degrees Celsius (59-73 degrees Fahrenheit), with the coldest days occurring from November to February.

The Green Setting

Baguio is always described as a green city because of the multitude of pine trees spread over most locations and the grass ground cover here remains plentiful. The city downtown has little of these, as it has been built upon; but patches of green remain therein--particularly in Burnham Park which endures as our "breathing space" right in the heart of downtown. One used to be able to smell the refreshing aroma of the pine trees while enjoying a ride in the heavily wooded locations; but the scent of the trees is no longer as prominent due to the dwindling number of trees.

The Leisurely Mood

Planned by Chicago Architect Daniel Burnham in 1906, Baguio was designed as a city for 25,000 residents; this is the reason why the roads are rather narrow and the city is relatively small. It is because of this "intimate essence" in scale that a leisurely mood is induced upon its occupants. A good reason why , one may opt to raise a family here; shunning the "rat-race" state-of-mind that pervades highly-urbanized locations such as Metro Manila. Despite the temptation of better opportunities elsewhere, One may opt to stay in this "quaint and sleepy little town" where people are relaxed most of the time and commune with nature.

Just come and visit, and find out for yourself what you have been missing all these years.

Source

*Photo by Johann Viloria

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The Best Ways to Relax in Baguio City, Philippines

So you've come to unwind, you worked hard and deserve a break, and the cool, fresh air and mountain vistas are just what you need... Welcome to "Relaxing Baguio!"

The City of Pines is the perfect place for some peace and quiet, a cheap place to relax in, too. But my first advice would be to find yourself a nice cozy room away from the center of the city.

Highly urbanized is what we have become, especially in the last decade. This gives both visitors and residents all the amenities of city life and a more hectic pace that comes with "development."

But there are many places here to "lose oneself" still, and that is what I and a lot of visitors love about the place.

Here then are some of my suggestions for a relaxing vacation in the City of Pines.

• Take long, leisurely walks
• On the east and south sides where there are lots of trees. Stay away from major roads.
• Go for the 'Cosmic Journey'
• The Maryknoll Ecological Sanctuary has a 14-station account of the evolution of the universe set in a secret garden in the middle of bustling Baguio City, in Camp Sioco, accessed via Marcos Highway. Picnic tables available, too.
• Get a 'Home Service" massage
• The rates here are only Php275-350 per hour and you'll get the best sleep of your life afterwards.
• Read a good book.
• Malls have bookstores where you can get best-sellers and second hand books. Or, better yet, bring that one you have been planning to read for a long time along on your trip.
• Play a nice round of golf.
• Go for a round of golf in one of two of our naturally air-cooled courses. Even if you are not a member of Camp John Hay or Baguio Country Club, special guest passes are available at slightly higher rates.
• Attend some art lessons or do some painting.
• In Baguio, you are surrounded by natural beauty and there are lots of subjects to choose from plus many places to whip out the canvas and prop up the easel. Art workshops are held at Tam-awan Village and at the Botanical Garden.
• Row a boat at the Burnham Park Lagoon in the early morning.
• When I want to be alone with the soothing sound of water and voices in the distance, I rent a rowboat for an hour or two and just go around the lake. Try it might just work for you, too.
• Plan an evening by the fireplace

Whether alone or with a special person or persons in your life, there's nothing like a warm fire and good conversation to soothe one's soul. Make sure to have a nice mug of hot cocoa to go with it, and maybe do some marshmallow roasting to round it all up.

Basically, do things for yourself that you have been postponing for the longest time, like having long conversations with your loved ones, or finishing the needlepoint you began a long time ago while the kids are out skating, or planning a meal using fresh ingredients from the Baguio City Market.

Explore a foggy mountain trail, Play a round of golf with your buddies, Read a book at Igorot Garden in Camp John Hay, Take some art lessons at Tam-awan Village Take a long, leisurely boat ride at Burham Park.

Courtesy of http://www.gobaguio.com/best-ways-to-relax-in-baguio.html

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Buying Philippine Real Estate Properties

Buying real estate is more than just finding a place to call home. Investing in Philippine Real Estate Properties has become increasingly popular over the past years and has become a common investment vehicle. Find a property to call your home or invest for your future.

The first major advantage to investing in Philippine real estate is that you are purchasing an extremely expensive product. "It is the best option in protecting your hard earned money. Unlike stocks or bonds which may go down in value and are too risky, properties provide hard assets which you can use or sell or rent out. It’s a productive asset. It is the foundation of wealth, in which will generate cash flow once you invest the right way. The key factors for high returns is when you invest in a property with a good location, good quality of development and from a developer with proven track record of on time delivery and property management to ensure your property will gain high resale value and rental income upon turn over.”

Secondly, “The income you will benefit from buying a good property in the Philippines is called   PROPERTY VALUE. When you invest on a project at pre-selling stage (buying the property while under construction) you have the opportunity to own the property at introductory price, affordable payment terms and more units available to choose from. The value of the property increases as the delivery date draws near. Upon completion, your P3M investment today may escalate to P5M to P6M upon delivery of the project.

Another income you will benefit from real estate properties is called RENTAL INCOME. “Rental from properties is stable source of monthly income. As unit owner, your property generates income every month approximately 1% of your present property value.

Here in Buy Philippine Homes http://buyphilippinehomes.com - your Real Estate Partner for Philippine Property Investment, we can help you… Buy Philippine Homes is the leading Philippine Real Estate website which takes pride on managing major properties all over the Philippines. Buy Philippine Homes contains wide range of searchable location of properties from Manila to Baguio, Luzon, Visayas or even in Mindanao. Buy Philippine Homes is a real estate website that has unique insight on Philippine properties that would be willing to help you find the property that you want to have.

For more information about Buy Philippine Homes please check our website: http://buyphilippinehomes.com

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Buyers Guide: Philippine Real Estate Laws

Filipino Citizens

• Only Filipino citizens and corporations (at least 60% Philippine-owned) are entitled to acquire land in the Philippines.

Non-Filipinos

• Non-Filipinos can acquire a Philippine real estate property if he/she has a Filipino partner. Either both partners share the property with equal rights, or the partner owns 51% or more and the remainder is owned by the non-Filipino partner.
• Non-Filipinos can likewise acquire Philippine real estate if he/she has a Filipino spouse who can make the purchase.
• Special visas are available for non-Filipinos who want complete and total control of a Philippine real estate property like condominiums and townhouse units. Qualifications for this visa are as follows:
• Applicant must be at least 35 years old.
• Applicant should meet the bank deposit requirements which can be withdrawn at a later date for your investments.
• Owning of houses or buildings is possible as long as the non-Filipino does not own the land on which the house is built.The land can be leased by the foreigner on a long term contract, and the house can be legally his.
• As an exception to this rule, a foreign acquisition of a Philippine real estate is allowed in the following cases:
• Acquisition before the implementation of the 1935 constitution.
• Acquisition through hereditary succession if the foreign acquire is a legal or natural heir. This simply means that when the non-Filipino is married to a Filipino citizen and the spouse dies, the non-Filipino as the natural heir will become the legal owner of the property. The same is true for the children. Every natural child (legitimate or illegitimate) can inherit the property of his/her Filipino father/mother even if he/she does not any Filipino citizenship.
• Purchase of not more than 40% interest in a condominium project.
• Purchase by a former natural-born Filipino citizen subject to the limitations prescribed by law.
• Filipinos who are married to aliens who retain their Filipino citizenship, unless by their act or omission, they have renounced their Filipino citizenship.

Dual Citizens

• Dual citizenship means having two citizenships and passports from two different countries. Dual citizenship allows the citizenship holder full rights of possession of Philippine real property. This is a new law and it is still unclear as to the procedures involved to implement it. Dual citizenship is now available for the following:
• Former Filipino citizens born in the Philippines, who have immigrated to another country and obtained citizenship of that country.
• A foreign spouse married to a Filipino citizen.

Former Filipino Citizens

• Former natural-born Filipino citizens, a.k.a. "balikbayans," are entitled to own a maximum of 1,000 square meters of residential land and one hectare of agricultural or farm land.
• For business purposes, a maximum of 5,000 square meters of urban land or three hectares of rural land is allowed by law. In the case of married couples, one or both of them may avail of the privilege provided that if both avail, the total area acquired shall not exceed the maximum.
• In the case of a transferee already owning an urban or rural land for business or other purposes, he/she shall still be entitled to be a transferee provided that when added to those already owned by him/her shall not exceed the maximum.

Non-Filipino Married to a Filipino Citizen

• If holding title as an individual, a typical situation would be that a foreigner married to a Filipino citizen would hold title in the Filipino spouse's name. The foreign spouse's name cannot be on the Title but can be on the contract to buy the property. In the event of death of the Filipino spouse, the foreign spouse is allowed a reasonable amount of time to dispose of the property and collect the proceeds or the property will pass to any Filipino heirs and or relatives.

Foreign Ownership as a Philippine Corporation

• Foreign nationals or corporations may completely own a condominium or townhouse. To take ownership of a private land, residential house and lot, and commercial building and lot, foreign nationals or corporations should form a Philippine corporation. The corporation is to be 40% foreign-owned (maximum) and 60% Filipino-owned (minimum), and with at least five [5] incorporators. Upon incorporation, a main bank account should be tied to it. A foreign national may be the sole person in the bank account, allowing him/her total control over the funds derived from the corporation and the income or sale of the asset or property.

Foreign Leasing of Philippine Real Estate Property

• A foreign national and or corporation may enter into a lease agreement with Filipino landowners for an initial period of up to 50 years and renewable for another 25 years.

Note: This document is for information purposes only. The user assumes all risks for its use. www.buyphilippinehomes.com assumes no responsibility for such use.

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Townhouse Living: The Benefits

People today have varying needs. They want to have a place where they can live comfortably. It has to be somewhere near their work place that does not require a lot of maintenance. Most want to have a home that fits their lifestyle.

In order to address these needs, The Townhouse Boutique development emerged .A townhouse is like a condominium and a single-family home rolled into one. Townhouses are several units linked in one structure. The units have the design of single-family homes. However, they are placed next to each other. They usually have two stories and they do not have neighbors positioned above and below them.

Many people are investing in this type of property because of the several things it offers. One, it provides a comfortable dwelling. It is also perfect for people who have busy schedules. Its other benefits: Highly accessible to the essentials of modern living like schools, offices, supermarkets, churches, hospitals and places of entertainment Yet its location in a charming, laid-back neighborhood. Assures you of a peaceful residential atmosphere.

Many will benefit from living in a townhouse. If you think that this is for you, invest in one.

http://buyphilippinehomes.com

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Guide in Title Transfer of Properties

This is the standard sharing of expenses between the buyer and the seller when transferring the real estate property title (TCT - Transfer Certificate of Title or CCT - Condominium Certificate of Title) to a new owner:

The SELLER pays for the:

• Capital Gains Tax equivalent to 6% of the selling price on the Deed of Sale or the zonal value, whichever is higher. Withholding Tax if the seller is a corporation
• Real estate taxes due up to date of sale.
• Broker's commission.

The BUYER pays for the cost of Registration:

• Documentary Stamp Tax - 1.5% of the selling price or zonal value or fair market value, which ever is higher.
• Transfer Tax - 0.5% - 0.75 %  of 1 % of the selling price, or zonal value or fair market value, which ever is higher.
• Registration Fee - 0.25% of the selling price, or zonal value or fair market value, which ever is higher.
• Incidental and miscellaneous expenses incurred during the registration process.

The above sharing of expenses is the standard practice in the Philippines. However, buyers and sellers can mutually agree on other terms as long as it is done during the negotiation period (before the signing of the "Deed of Sale").

The "Deed of Absolute Sale" is a Legal Document for  transfer of real estate property ownership.

1.  The Deed of Absolute  Sale is brought to the Bureau of Internal Revenue for the Computation of Capital Gains Tax / Withholding Tax and Documentary Tax . After payment of Taxes.
2. BIR will issue CAR (Certificate of Authority to Register)
3. Pay Transfer Fees at City Treasury
4. Pay Registration Fees at The Registry of Deeds and have Transfer of Ownership  officially recorded.
5. Registry of Deeds issue new Transfer Certificate of Title / or Condominium Certificate of Title.

Your Agent / Broker will usually do the registration process (sometimes for a fee). However, all government taxes, transfer fees and incidental or miscellaneous expenses will be shouldered by the buyer.

Documents needed when transferring the title (TCT or CCT) to the new owner:

• Certified true copy of the title / and
• Tax clearance
• Notarized copies of the Deed of Sale
• Certified true copy of Tax declaration of the property
• Receipt from Bureau of Internal Revenue that the capital gains tax and documentary stamps have been paid
• Certificate of Authority to Register  (CAR)
• Receipt of payment of the transfer tax and registration fees

An adapted form of the "Torrens" system of land registration is used in the Philippines. The system was adapted to assure a buyer that if he buys a land covered by an Original Certificate of Title (OCT) or the Transfer Certificate of Title (TCT) issued by the Registry of Deeds, the same will be absolute, indefeasible and imprescriptible.

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Tips in Buying Properties

Tips in buying any property in the Philippines, specially if  buying a property from an individual:

1. Make sure the "Transfer Certificate of Title" is authentic. The easiest way to check if the title to the property you are buying is authentic is by getting "Certified True Copy" of the title from the Register of Deeds. This office is usually located at the city or municipal hall where the property is located. Ask the seller of the property for a photocopy of the title -you will need the title number and the name of the owner to get a certified true copy of the title from the Register of Deeds.

2. Verify that title is clean - meaning the property is not mortgaged (no liens & encumbrances on the property). You can see that at the back of the title with the heading "Encumbrances". This page must be empty if you are told that the title is "clean". But sometimes the space for the technical description of the property on the front page of the title is not enough and the description of the property is continued on the "Encumbrances" page, this is of course all right.

3. Make sure that the land described on the title is really the land that you are buying. You can validate this at the Register of Deeds or by hiring a private land surveyor or a geodetic engineer. Land titles don't have any street name and number to pin point a property, it is a must to confirm that the actual property you are buying matches the technical description on the Transfer Certificate of Title.

4. Make sure that the sellers are the real owners. If you are buying from an individual property owner, ask for identification papers like passport or driver's license, it is also a good idea to talk to the neighbors or the Barangay Captain to confirm the identity of the sellers (you might as well ask some history of the property).

5. Confirm that the yearly real estate taxes are paid. Ask for certified true copies of the Tax Declaration and original Tax Receipts to confirm that real estate tax payments are up to date.

6 .Deal with License Real Estate Brokers only. They can protect Buyer's rights and prevent them from being a victim of illegal transactions and Fraud.

7. Only then, it is safe to proceed with the purchase of real estate in the Philippines.

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