If you are a Filipino immigrant, expatriate or professional working overseas and you are thinking of acquiring real property in the Philippines, you need more help than you can get from property developers during road shows. Specifically, you need help with the following:
Expanding your range of choices (beyond what the developers are offering during the road show) so that you can comparatively analyze your options;
Physically inspecting the properties in your short list;
Verifying the titles to these properties with the local registries of deeds;
Reviewing the legal documents covering the sale of the property;
Finding out your local financing options, negotiating for the best possible mortgage deal with the local banks, and properly documenting this deal;
Securing local arrangements for the management of the property you acquired (including leasehold arrangements, payment of taxes, association dues, regular repairs and maintenance, etc.);
Arranging for the payment of the mortgage amortizations out of your overseas or local bank accounts;
Obtaining a release of the mortgage and delivery of the title to you upon full payment of the mortgage.
You do not need to burden your relatives in the Philippines (if you have any) with these tasks. If you email us, we can tell you how we can put together all the professional assistance that you need. Again, there are no forms to fill up or templates to follow.