E-Titles or C-Titles: Computerization of Transfer Certificate of Titles - Land Registration Adminstration Project

 

In 2016, the Land Registration Administration (LRA) instituted the computerization of all titles (Original Certificate of Titles, Transfer Certificate of Titles and Condominium Certificate of Titles) as their project in developing a more safer, secure and better written documents than the previous Original Certificate of Title and Transfer Certificate of Title with red markings which were typed with the use of a typewriter.

For real estate investors this is a must know before engaging in the process of buying a property is to conduct due diligence. A person can conduct due diligence in their part but the work involve in investigating such real estate properties requires attention to detail by a season real estate brokers such as C. F. Baluyut Realty which has handled land transfer and investigation over the past 10 years.

Understanding Real Estate Markets & Cycle amidst COVID 19

 

With the current situation of the country and abroad, the global markets have been affected with the COVID 19 pandemic effects to the World Economy. There are current job losses, missed opportunities and money being lost brought about by such health crisis. All industries are dependent on Real Estate Market and are heavily connected with the national economy. In our recent post last February on the Philippine economic outlook for 2020, The Philippines had slowed down and has dipped to -7.3 % based from reports from Asian Development Bank. Contractions have been seen and felt all throughout the closure of the archipelago since March 16, 2020 to June 30, 2020 (Enhanced Community Quarantine) and the post lifting of ECQ to Modified General Community Quarantine in July 2020. A lot of businesses were affected with closures particularly the Micro, Small and Medium Enterprises (MSME) sector, hotel / tourism sector, airline and travel sector. Other sectors have were also affected with this great pandemic which contributed to the negative dip of the world economy in general. These industries are co-existing and reliant with each other and the real estate sector at the same time. In a recent reports from PSA released last month, says "The Philippines records a GDP growth rate of -11.5 percent in the third quarter of 2020".

La Aldea Fernandina II Presents - The Blue Series

With the ongoing pandemic, the developers, Pueblo de Oro Communities, recently launched their new series of affordable home - The Blue Series.

The current designs (Green Series) for the La Aldea Fernandina 2 here in City of San Fernando, Pampanga was launched in 2018 coinciding with the opening of this new subdivision. It has a lot of differences compared with the latter. 

The Blue Series has more modern contemporary design compared to the Green Series. It has more aesthetic appeal in its looks and vibe compared with its predecessor. The second floor will be a loft type structure. The newly launched homes will have provision for a one parking garage for a unit owners' vehicle to utilize as seen on the floor plans below and is almost similar to the first phase located at La Aldea Fernandina in 2011.