Mikael's Adventures in Real Estate

Home loan rates for the most popular banks in the Philippines for the year 2021 Where to borrow money to pay a seller to buy a house? Mostly banks. Rare instances are the finance cooperatives, savings and loan associations, relatives, and other private lenders. Buying a house, vacant lot, house and lot, townhouse, or condominium unit? There are so many options out there to choose from. How do you obtain at least an estimate of monthly amortization? Visit my page on mortgage calculator here .  You have to be fully aware that you need to shell out the maximum of one-third of your combined monthly earnings (salary, business, commissions, inheritance, gains on stocks, etc.) so that you will not be surprise on how things will be. What are the requirements on obtaining a bank loan? Coming from BPI , which could also be similar to what other banks would require, are the following: A. Housing Loan Application Form Duly accomplished Application Form 2 valid government issued ID with photo a...

 Winland Residences Tower 4 Condominium Unit for sale located in Tomas Morato, Quezon City Condo unit type: 1 bedroom Floor area: 23.40 square meters Furnishings: Kitchen and sink, provision for electricity, toilet and shower head available. Fully finished room. No furnishings except TV. Selling price: PHP 2,700,000.00. Current price from developer is PHP 3,000,000.00 Terms: Settle PHP 700,000.00 to seller, bank loan of PHP 2,000.000.00 to private banks or PAG-IBIG/HDMF. For calculating monthly amortizations, visit the page for bank loan rates, and also the mortgage calculator page. Title processing will be care of the developer - Skywealth Holdings, Inc. For viewing and assessment, call Mikael Manuel at 09074226888. Other photos below:

SMDC Air Residences Makati 1 bedroom with balcony semi-furnished condo for sale End unit 1 bedroom with balcony Floor area: 27.20 square meters Selling price: PHP 5,500,000.00 Breakdown: PHP 1,700,000.00 to be paid to seller (cash or installment) PHP 3,800,000.00 for bank loan before end of February 2021 (Ready for occupancy). Unit Inclusions: Range hood, cooktop, refrigerator, microwave oven, air conditioning unit Building features: Front desk, 12 elevators, 24/7 security, fire protection and alarm system, generator set for common areas and residential outlets, centralized cistern tank, provision for telecom and cable providers, intercom system For inquiries, please call Mikael at 09074226888. Mikael Manuel, reb 27527

 A real estate transaction hard to navigate I had a real estate sale last December 2020 and it was bit of a pain to navigate. I had a listing that took almost 9 months prior to sale. A land located in Sun Valley Residential Estates in Antipolo City, Rizal Province. The owner of the property was my aunt.  Last August, i had five weekend viewings through 5 different people. My aunt trusted my services although i opened the sale also to them. All of them wanted a bank loan sale. As standard with bank loan sale, the person who loans can have up to 70% of the appraised value, or 100% of selling price, depending on the credit score of the buyer. None of the five people were able to purchase the lot. It did not proceed as my aunt needed a higher return for the idle land despite the low price as advertised. I had lots of viewings back then. Come November, someone is eager to get the property. The buyer is an old woman, close to 60 years old. The buyer is an architect by profession and...

Cubao Quezon City vacant lot for sale Clean title. Updated real property tax Lot area 341 square meters Selling price 100k per sqm or 34.1m Buyer pays transfer fees around 4% Capital gains to be paid by seller For brokers/agents, please add your commission on top of sale For viewing appointment, please message me Mikael Manuel, reb ,27527 09074226888 Talk only to a licensed real estate broker Put your inquiries here: Loading…

Tivoli Garden Residences Mandaluyong for Sale  Studio condo unit for sale in Tivoli Garden Residences Mandaluyong 25 square meters Fully furnished Updated real property tax, association dues Clean title For viewing by schedule only For sale at PhP 4,000,000.00 inclusive of capital gains tax Negotiable Preferably cash sale. For installment sale - 12 months max installment only For installment/loan sale - 10% down payment, 20% in 10 months in post dated checks, 70% in 12th month thru bank loan Amenities Multi-purpose court Fitness gym Game room Kiddie Pool Leisure pool Pool deck Roof deck Esplanade Children's Playground Children's Recreation Space / Daycare Clubhouse 24-hour Security Arrival Court Badminton Court Convenience Store Entertainment Room Function Hall Gazebo/ Cabana Jogging/ Biking Path Lap Pool Laundry Station Main Entrance Gate Music Room Open Lawn/Picnic Grove Perimeter Fence Pool Shower Area Provision for CCTV Cameras Sauna Sky Lounge Spa Standby Electric Generato...

I have been practicing real estate in the Philippines for the last 5 years. I passed my board exam last March 2016 and I haven't looked back ever since. My services primarily touches the following: Covering full 5% commission Property Sale Services - getting authorization and initial property viewing, advertising, and education Property Sale Closing Services - negotiation, preparation of property sale drafts such as Contract to Sell and Deed of Absolute Sale, monitoring for installment sales. Property Titling Services - document preparation, acquisition, request and release of Title, Tax Declaration, Tax Clearance and more. Covers residential and agricultural properties only. Partitioning of lots is not covered as I need to hire a geodetic engineer to create the partition survey. I require 5% full commission for executing numbers 1 to 3. Some clients only require 2 and 3 if they need assistance for papers. Some clients only require number 3. Residential leasing (Commission 1 month ...

 The thing that I am really passionate about learning in real estate practice in the Philippines is about the titling work. I have learned many things about contracts and how to handle different situations like condominiums, house and lot, and agricultural lot.  This is my first post so this would be short. I would like to use as many tools as possible in the Internet, as there are so many free options, like YouTube (for long form, and Tiktok (for short form videos).