Monday, November 23, 2020

Understanding Real Estate Market Valuation Reports (Real Estate Appraisal): Basics of the Narrative Report

 

 

With the recent COVID 19 pandemic, people are more having a tighter grip on their funds and some have opted to forego their plans for acquisition of properties or other investments. The future seems to be a bit dim right now but there is a glimmer of hope over the horizon on the course of  vaccination discovery in the time of this writing and full production in the coming months by 2021.

We recently received a call from Mr. C who happens to own a vacant residential lot somewhere in the town of Floridablanca, Pampanga. He was referred to us by a colleague and fellow real estate broker by Ms. DD. He was requesting if we can make an appointment with them on the property and possibly discuss the hiring the services of a professional real estate appraiser. However, in our recent discussions with Mr. C as he was hesitant in getting his property appraised because it is an added cost and burden in his part as we have told him that appraisal report may be a cost a bit for the owners but the benefits of the market valuation report could benefit him more and give him another perspective if he decides to stay or build his house on the subject property or just sell it off as it is if he intends to?

Monday, November 9, 2020

Inside Real Estate: What Are The Expenses In Your Real Estate Transaction?

 


 
In the past few years, a lot of previous and potential clients would ask about the expenses on the sale of a property like taxes paid when undergoing real estate transactions from acquisition to transfer of real  properties and we have included them in this article for everyone's information in doing transactions for real estate properties.
 

Friday, October 30, 2020

Case Study of Socialized Housing Properties: Can You Sell Your Property Or Not?


Recently, we have see the trends of people selling their old homes located in NHA housing projects provided by the national government through National Housing Authority for free and have decided to "sell off their rights" on the said properties because the original owners have died out and have given their rights to their heirs. However, heirs of the deceased sometimes would care less to stay on those old neighborhoods they grew up and have relocated or decide to move out and live in exclusive subdivisions or other residential estates due to their economic migration and the change of their lifestyles or have permanently moved out of the country particularly people who have garnered success in their fields or careers.