Fortune Homes

The lifestyle changes brought about by the pandemic emphasized the need for digital connectivity in property developments. There is an increased demand for “smart homes” in the country.

Building Smarter and Future-Proof Homes is the New Normal | Filipino Homes Official Blog Building Smarter and Future-Proof Homes is the New Normal The year 2020 was a challenging time for the property sector, but there had been signs of recovery from the later part of the year. The Philippine Central Bank expects a strong recovery this year with a 7.8 percent growth [Asia Property HQ].....

‼️A T T E N T I O N ‼️
‼️BUYERS & INVESTORS: AYAW PA SCAM!

DID YOU KNOW?

IF you are buying an agricultural land converted and subdivided for residential land, you will be required for a copy of subdivision plan and licenses before you can apply for water, electricity and other utilities? Plus... a required mapped out of the residential drainage system.

That's why it is highly discouraged to buy/sell "Yuta-data-data" most specially if with no LICENSE TO SELL from HLURB. But if you insist because it's the cheapest, BUY AT YOUR OWN RISK PLUS MULTIPLE ADD-ON EXPENSES and hmmm penalties for the sellers.

1. Check the LAND TITLE. The land title contains the total land area of the land you are trying to purchase.

2. The subdivided lot should have the certificate of reclassification from agricultural land to residential land from LGU. You need to check for this inorder to make sure that you will be able to install utilities and apply for them from the providers of the city/municipality.

3. You need to check on subdivision plans. Which includes plans for the drainage systems, access roads and road right of way.

4. Always look for HLURB License to SELL to make sure you have a legit investment. Always guard your investments. You are spending your hard-earned money in the first place.

Please keep in mind that there are developers that sell lot only projects. And some have installment mode of payment. As long as you have all documents present most especially the HLURB License to SELL Number, your investment is pretty much in good shape.

All investments are heavily affected by the pandemic but one of the best investments that maintained its stability is real estate.

SOON...

Why Pre Selling is good?

Many buyers go for the pre-selling option, largely because of its lower introductory price, which can be (more or less) 30% cheaper than a finished unit.

If you are a real estate investor, PRE SELLING condo, house and lot are a promising investment since their market value can increase by the time they are finished or fully developed.