A Christmas 2020 Message!

We would to extend our heartfelt gratitude to our clients for continuosly trusting us with our services as we draw closer with a positive outlook towards 2021 with the upcoming news of vaccine and the possible decline of COVID 19. 

2020 is one of the toughest years to date in terms of the business climate with negative outlook in every aspect of life brought about the COVID 19 pandemic and we are hoping that we become more resilient and overcome all the odds against this disease. Although, there are few business opportunities we are grateful to our almighty that we have survived but will continue praying for our health and well-being of everyone in this country and the world who are affected with this pandemic.   

Let us not forget that it is the birth of our savior, Jesus Christ who is the celebrant of this day. 

From our team C. F. Baluyut Realty, we wish you all a Merry Christmas and a Happy Holidays with your family!

 

Copyright 2004 - 2020 C. F. Baluyut Realty | Real Estate in Pampanga, Philippines. All Rights Reserved.

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".