tag:blogger.com,1999:blog-6602978325520143060.post6416317647582546338..comments2024-03-05T21:41:01.861-08:00Comments on Philippines Properties 101: Spot Cash PaymentAnonymoushttp://www.blogger.com/profile/18218631420741598169noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-6602978325520143060.post-1666418680890322732014-11-04T21:09:03.137-08:002014-11-04T21:09:03.137-08:00@sibey mun, License to Sell (LTS) is required for ...@sibey mun, License to Sell (LTS) is required for Project Developers, for buyers it's important that we are buying properties through developers with LTS - it's a requirement of HLURB to make sure housing projects have proper documentations. Thanks for viewing.Anonymoushttps://www.blogger.com/profile/18218631420741598169noreply@blogger.comtag:blogger.com,1999:blog-6602978325520143060.post-6168177977278189202014-11-04T19:47:14.198-08:002014-11-04T19:47:14.198-08:00Hi Sir jerome,
Is License to Sell still needed if...Hi Sir jerome,<br /><br />Is License to Sell still needed if i pay spot cash?<br /><br />Thanks,<br />AlbertAnonymoushttps://www.blogger.com/profile/18086399620629075047noreply@blogger.comtag:blogger.com,1999:blog-6602978325520143060.post-82658220145550998282014-01-29T07:10:13.472-08:002014-01-29T07:10:13.472-08:00Sir Arnaud, paying the down payment in stretched 2...Sir Arnaud, paying the down payment in stretched 24 months or 36 months is 0% interest and it applies if after down payment you are going to pay in cash the 80% or 70% balance. That payment term is considered Deferred Cash payment which is 0% interest and will not be considered as Spot Cash, that atleast to developers I know. <br /><br />To avail of Discounts, you may have as much Down Payment as possible like 50% Spot Down and 50% Balance payable in 36 months. Although developers has different approach is computing discount, some developers give discount based the Standard DP only even though you make as much as 50% as DP.<br /><br />Thanks for viewing. Anonymoushttps://www.blogger.com/profile/18218631420741598169noreply@blogger.comtag:blogger.com,1999:blog-6602978325520143060.post-73469080436031762602014-01-29T04:33:56.120-08:002014-01-29T04:33:56.120-08:00hi sir,
i have a small question about those spot c...hi sir,<br />i have a small question about those spot cash payments and the possible discounts offered in this case.<br />Let say i want to buy a condo with for example a 20 or 30% downpayment in 36 months. then i want to pay the balance (70 / 80 %) in one time after the 36 months DP. is the payment of the balance after 36 month still called a spot cash payment, or is a spot cash discount only applicable when the 100% payment is made right after reservation of a unit? Thanks in advance.Anonymoushttps://www.blogger.com/profile/01618353481742950070noreply@blogger.comtag:blogger.com,1999:blog-6602978325520143060.post-72306301321106674082013-11-09T16:44:52.723-08:002013-11-09T16:44:52.723-08:00Notarization of Contract is the developers respons...Notarization of Contract is the developers responsibility in transferring of titles, unless you avail property in Direct Listing. The most important is the TIN of the Principal Buyer to where the property is to be transferred. Coordinate with your seller or developer if they are the one going to transfer title, just submit all their required documents. ThanksAnonymoushttps://www.blogger.com/profile/18218631420741598169noreply@blogger.comtag:blogger.com,1999:blog-6602978325520143060.post-68831912547800971522013-11-08T23:53:46.299-08:002013-11-08T23:53:46.299-08:00Thanks sir...uhm...the "notarization" of...Thanks sir...uhm...the "notarization" of contract..... how does that work exactly?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6602978325520143060.post-4656890373001461812013-11-07T07:50:23.932-08:002013-11-07T07:50:23.932-08:00The TIN Number of Principal Buyer, it's used i...The TIN Number of Principal Buyer, it's used in notarization of Contract to Sell and Deed of Sale. A BIR 1904 Form where clients TIN has, should be verified and validated. ThanksAnonymoushttps://www.blogger.com/profile/18218631420741598169noreply@blogger.comtag:blogger.com,1999:blog-6602978325520143060.post-50715573067035815642013-11-05T05:53:36.530-08:002013-11-05T05:53:36.530-08:00Sir, what's the TIN for?Sir, what's the TIN for?Anonymousnoreply@blogger.com