Tagaytay Tourist's Haven this Christmas Season

"It's indeed a peak season. The populatio of the city is only 60,000 but it rises to 200,000 on weekends with the tourists who vist the city on weekends"- Ms. Leilani D. Diesta,local public information officer An article from Manila Bulletin today December 20,2009 of Antony Giron
-

Indeed this Christmas season Tagaytay has become the tourist's haven to rest and enjoy the holidays. With the devastation of some areas in Baguio, Tagaytay has become the best alternative tourist destination.

Rest house owners, hotel owners, and other rental businesses in that city ensures notable increase in income at this time of the year.

No doubt, that real estate properties in tagaytay city and nearby towns receiving the same climate around tagaytay like Alfonso,Esperanza,Mendez will continuously be sought of by OFW who just came home at last,Foreigner with Filipina wife,Retirees and all people seeking a colder climate than manila with beautiful panoramic view.

It's never to late to invest in this kind of tourist destination city near metro manila.

Pay Real Estate Taxes for 2010 before December 15 to get 20% discount

Before each year ends City government gives 20% discount for early payment of taxes for 2010.

So if you have a lot of real estate properties. Go now and send someone to pay your taxes.

Just bring a photocopy of your previous realty tax reciept.

(from LGC of 1991, RA7160)

How Much Do I need to pay in Realty Tax

1. AMOUNT OF REALTY TAX (Basic)

In provinces- not exceeding of 1% of the assessed value ((check on your tax declaration you can see the assessed value)
In cities of municipalities- not exceeding 2% of the assesed value

Special Levies (special taxes imposed to a real estate properties)

1. Special Education Fund Tax (SEF)- a special levy of 1% of the assessed value

2. On Idle Lands- A province of city or a munnicipality within the Metropolitan Manila area may levy and annual tax on idle lands at that rate not exceeding 5% of the assessed value.

What are the real estate properties considered idle lands?

a. Agricultural Lands, more than 1 hectare in area, suitable for cultivation, dairying, inland fishery and other agricultural uses one-half (1/2) of which remailn unclutivated or unimproved by the owner or the owners thereof.

b. Agricultural lands planter to permanent or perennial crops with at least fifty (50) tress to a hectare-50 trees:1hectare shall not be considered idle lands, including lands actually used for grazing purposes.

c.Lands, other than agricultural more than 1,000 sqm in area, one half (1/2) of which remain unutilized or unimproved by the owner of owners thereof.

Regardless, of land area, residential lots in subdivisions duly approved by proper authorities , the ownership of which has been transferred to individual oweners, who sahll be liable for the additional tax: Provided, however, that individual lots of such subdivisions, the ownership of which has not been transferred to the buyer shall be considered as part of the subdivision, an shall be subject to the additional tax payable by subdivision owner or operator (Sec 237 of LGC)

3. The Special Levy on idle lands does not apply to tha landowners who are unable to improve, utilize or cultivate their landds due to any of the following causes:

a. Adverse peace and order condition in the place where the land is situated.
b.Financial losses of the owner due to fire,flood, typhoon,earthquake, and other causes of similar nature;
c.Unfavorable physical factores such as rocky nature of the ground or uneven topography in the use of agricultural land which render the land unsuitable for cultivation.

4. Special Levy by Local Government Units- On lands comprised within its territorial jurisdiction specially benefited by public works projects or improvements funded by the local government unit: provided the special levy shall not exceed sixty percent (60%) of the actual cost of such projects and improvement including the costs of acquiring land and such other real property, provided special levy, shall not apply to lands exempt from basic real property tax and the remainder of the land portions of which have been donated to the local government unit concerned for the construction of such projects. (Number of annual installment to pay the special levy, not less than 5 years or more than 10 years (SEc 240,241 LGC)

Exemptions from Real Property Tax


1. Real property owned by the Republic of the Philippines or any of its political subdivision except when the beneficial use thereof has been granted to taxable person;

2. Charitable institutions, churches, parsonages, convents appurtenant thereto,mosques, and all lands, buildings, and improvements actually, directly and exclusively used for charitable religious, or educational purposes;

3. Non-profit or religious cemeteries or burial grounds;

4. Machineries and equipment that are actually, directly, and exclusively used by local water district and government owned or controlled corporations engaged in the supply of water and/or generation of electric power;

5. All real property owned by duly registered cooperatives as provided for under RA No 6938 and

6. Machineries and equipment used for pollution control and environmental protection

THINK RICH PINOY E-BOOKS

Think Rich Pinoy E-Books For Sale

happyhomes.sulit.com.ph - Wednesday, November 11, 2009

2009 © Sulit.com.ph

Gems in Real Estate

Gems in Real Estate Investment

Are you having a hard time deciding on what investment to do? Do you have small savings that you wanted to earn more out of it? Read more and find out…

Dolf De Ross posted in his book Real Estate Riches the contrasting points in real estate and stocks .He showed that the property is not just as good as other investments, not just a little better but hundred times better than the other investments. Why?

For example you have a 200 thousand pesos and just for the sake of simplicity let’s ignore the brokers fees and commissions. With your money you exactly can buy 200 thousand pesos worth of stocks (where in you become a part owner of a company through buying some of their share). Though that you can also buy stocks in margin (ei below the required investment but getting the same rate of return but with very limited number of stocks and if the of stocks go down in value, investments houses make a “margin call” that means you need to pay add a portion of the plummeted value. The fact here, is that in stock market you need to pay the entire purchase price in CASH. Thus, nearly to say 200 thousand pesos will buy you exactly 200 thousand pesos worth of stock.

Now here’s the gems in real estate, you can actually buy a 800 thousand worth of property from your 200 thousand pesos by taking out 75% mortgage. Also, You can buy a 1 million pesos worth of properties buy taking out the 80 percent mortgage. Right?

At first we’ll think that buying a million worth of property it’s beyond our financial capacity limits, not in our comfort zone others may say. This maybe because of the interest rates from the bank or don’t have enough cash to pay the full purchase price. But here’s a fact beyond buying a million worth property using your 200 thousand pesos, you would have and ASSET worth of a million that would generate a RENTAL income for you and let that income work in paying mortgage at the bank or pag ibig. Right?—so thus you’re creating more of your wealth from your 200 thousand.

Now going back to the with stocks, you basically have to invest the entire purchase price (ei 200 thousand pesos for 200 thousand worth of stocks) but when you buy a property you generally let financing institutions help you that offers to lend you money to a secure investment -real estate, you can actually have more or less a million worth of ASSET from your 200 thousand pesos. Moreover, you are getting a very low risk investment. To simply see the table below:

Now let’s see who are the richest in our country today.Isnt it the real estate owners and developers?

Henry Sy for example from a shoe retailer have moved on to Real Estate. He bought strategically located real properties specially thickly populated build a shopping center: earn rent from tenants and earn profits SM products

The Ayala and Zobel, the Consunji well known names in the field of real estate. I am sure they have not bought all their real estate properties in cash they’ve also used financial instutions.The lesson is clear invest in a secure investment-real estate. Use financial institutions to leverage in real estate. Convert your property to generate income. Isnt it there’s gem in real estate investment?

Ponder on this…and let me know your thoughts about it…

(Toast Master Project Speech #9)

Invest in Real Estate Properties while you are still Single

Invest in Real Properties while you are still single.

Most of us being single means..watching movies, new clothes, new shirts, bar hopping... tours with friends...weekend dinner or monthly expensive dinner to treat your self because you are working so hard and so thus you have to spoil your self ... then what? broke before the next salary comes in.

But how would you feel to be tagged as Single yet own a real estate property even just the smallest piece of lot somewhere out of nowhere? You'll be more confident right? When you are single especially the man is more comfortable of courting a woman if he owns or currently investing in real estate property. It gives you the impression of being Responsible which i think most of the women look at to. Even in single women, you'll attract guys if they'll know you are already investing your own real estate property (dont worry good guys wont be interested your properties because they know they have to provide their own).

What i am driving at is why not delay expenses that goes out of your pocket and no financial returns and start spending money that in the beginning goes out of your pocket but in the future may give income more importantly Single men or women with real estate properties equate to being RESPONSIBLE and being INDEPENDENT. ====================================================================================< check this condominium in the prime area of Makati. Own it for as low as 8,000/month

Refer and Earn Unlimited Income

Refer and Earn Unlimited Income

Do you know someone who is renting in Metro Manila?
Do you know someone who is working in Makati, For Bonifacio, and Taguig who wants to own a house and lot or Condominium?

Earn through referring your friends,officemates,or relatives. Be our IREFER EXECUTIVES

How Much will you earn? At the Least is 1% of the Total Contract Price. For Example: 1,000,000 x 1% = 10,000.000 earnings. This will go directly to your account.

How do I start?

Send me an email and i will give you your own online referral link where you can update each time you have a referral.

It doesnt matter whether you are working abroad or here in the Philippines. What matters is that you give us the contact details of the person you are referring.

For more details send me an email:

Marivic Salva-Angeles
happyhomesph@gmail.com
ym:avhic_salva

Townhouse Near Manila: Lessandra Molino Townhouses of Camella

Lessandra Molino- just another Camella project. Located in Bayanan, Bacoor Cavite.
REANA townhouse (photo above): Floor Area: 40 sqm Lot area: 36 sqm. There are other house model that you can choose from... but this house model is i think that best suits to the young professional, starting a family.


For In- house financing
Just 7,500 to reserve. then pay the 15% in 18 months for as low as 7,835 per month. 85% for 20 years 9,267

Pag- Ibig Financing
Just pay 7,500 to reserve then pay 24% in 18 months at 12,785
Balance 76%: for the 1-2 years 6,055 and 3rd- 30 years 9,553

How to Get there?



Commuters: From Makati Ride an MRT or Bus to Pasay Rotanda at Metropoint Mall

At Metropoint Mall basement there is a van savers/mrt-paliparan which will pass through the Camella bayanan.
Across Metropoint there’s jeepney and van savers/mrt-paliparan route just tell the driver to drop you at Camella Bayanan
If you are coming from Baclaran there’s van in front of Mcdonalds baclaran-paliparan route
just tell the driver to drop you at Camella Bayanan



I have seen near Manila properties of Camella. I have been to the projects in Las Pinas, Bacoor, and Daang Hari Projects. I was very happy looking at each project - feeling, tasting the life inside the model houses. But objectively, i've chosen a project Lessandra Molino of Camella which i think best suits the young professionals, newly wed, renting individuals who are looking for house and lot near to Makati CBD, Fort Bonifacio area, Ortigas.


Own this house and Lot Contact

Marivic Salva- Angeles
Real Estate Broker # 02449
0922.810.17.09 or 0916.304.5541
346.18.11
Ym: avhic_salva
email: happyhomesph@gmail.com

P.S. Help Others to find their dream home and Earn!

Pag Ibig HOusing Loan: Easy Steps

Steps on how to apply for a Pag-IBIG housing loan for retail financing: http://www.pagibigfund.gov.ph/sp_retail.htm

1. Attend a loan counseling session at the Pag-IBIG office and accomplish a Preliminary Loan Counseling Questionnaire, Housing Loan Application (HLA) and Membership Status Verification Slip (MSVS). If eligible secure checklist of requirements (requirements would depend on the loan purpose)
2. Submit HLA with complete requirements. Pay the processing fee of P1,000 (non-refundable)
3. Receive Notice of Loan Approval/Letter of Guaranty and sig loan documents.
4. Proceed to the BIR and present Deed of Absolute Sale (DOAS) between the owner of the property and applicant for payment of documentary stamps and capital gains tax.
5. Proceed to Registry of Deeds for payment of transfer tax and registration fees for the transfer of the title.
6. Proceed to Notary Public for notarization of Loan Mortgage Agreement (LMA) and annotation of mortgage with the Registry of Deeds and to Assessor’s Office to secure new tax declaration in the name of the applicant.
7. Secure Occupancy Permit from the Local Government Unit Engineering Office when the loan is for any of the following purposes: Purchase of new Residential Unit (PRU), Purchase of Lot and Construction of a Residential Unit thereon or for House Construction only.
8. Submit the following documents to Pag-IBIG:
   • Original Transfer Certificate of Title (OTC) in the name of the applicant with annotated mortgage
   • DPAS with original RD stamp
   • New Tax Declaration in the name of the applicant
   • Updated Real Estate Tax Receipt (for house and lot, if applicable)
   • Occupancy Permit (if applicable)
   • Assignment of Loan Proceeds (it could be to the buyer or to the seller)
   
9. Release of loan proceeds in 3-5 days upon completion
   
10. Start of monthly amortization is the following month immediately following the loan take-out/final loan release

Rosewood Pointe Condominium: Ivory Tower New Turnover Date

Just another milestone for DMCI Homes a new turnover date for Rosewood Pointe Condominium instead of December 2010 it's new turnover date is on February 2010.

Buyers at the beginning of the construction and took the terms with December 2010 got to take hold of that opportunity to use the condomium 10 months ahead of time.

Watch out for new properties the DMCI HOmes will offer the trend of turning over the condominiums earlier that projected time is vivid indication where to put in your money that doubles the value in time...

Real Estate Properties in time of Crisis

Real Estate Properties in time of Crisis

This week i recieved two referred clients. An urgent need to buy metro manila condominiums because they were flooded during the typhoon Ondoy.

Flooding areas in metro manila are getting wider wider in coverage because of human negligence in taking care of our environment. But where in the flooded area in Metro Manila would you suggests people to buy?

If the buyer still wants to live in the city suggests consider living in condominium. 2-3 bedroom condominium fits small family while newly wed couple best fits in studio unit condomium.
On the hand if the family is extended consider offering unflooded area in cavite like molino dasmarinas, and laguna areas. Old people best fits here because in these areas you can still breath air with morning dews. This area also fits for people working in makati pasay and alabang . Transportation access in cavite is now few minutes away from your home with straight drive to makati alabang or pasay.

Expect 15-20% increase in sale of real estate properties for condominiums in Metro Manila. While House and Lots in the areas of Cavite and Laguna

Crisis is an opportunity to love other people and great opportunity fto help others. For real estate brokers this is the time to test your patience in search of hot spot and good buy properties and making sure not included in flooded area.

Can I buy Tax Declared Properties?

Yes. by virtue of Administrative Order No. 2003-06 of the Department of Environment and Natural Resources, certain islands that are tax declared can now be titled for as long as they are classified as alienable and disposable because of the recent lifting of the moratorium on the disposition and granting of any title, concession, permit or lease on all small islands nationwide. .
But there are properties that cannot be issued titled.

Make sure you are dealing with Licensed Real Estate Brokers in the Philippines that have checked the tax declared property for you.

Metro Tagaytay Properties

Metro Tagaytay Properties

Real Estate Agent Bypassers

Real Estate Agent Bypassers- there's alot in real estate industry specially when you are dealing with big transactions. How can you take hold of the seller and the buyer so that you are sure that you will not be bypassed, one word-trust. There's one transaction i had that the staff of the buyer would want to bypass me as a broker. Since i have summitted all the documents to the company, so they know the location and name of registered owner through that documents. That staff was instructed to have ocular visit first because the buyer has just arrived from London and scheduled to visit the property a week later. That staff was also instructed to call ME as the broker first before she visits the property.krrggggg my phone rang and heard a tone of disappoint from co-broker " Marivic your buyer will visit the property tomorrow! Do you know this?" and i replied that i dont know."Upon checking it was the staff who directly called the seller will visit the property without telling hmmmm!!!! something fishy... obviously she/he wants to bypass me.It's good that the seller trusted my group who initially visited the property and advised us that someone will go visit the property from our buyer. The seller asked us to be present at the time visit of that "unscrupulous staff". It's good also that my friend who is very close to the buyer and that the buyer gave the assurance that we hold that property.

Lessons:1. Guard the property you are selling from unscrupulous bypassers
2. Make sure that the direct seller and direct buyer trusts you or the person you are with. I tell it is more than written agreement.

Real Estate Broker Credibility Test Story

I think all brokers and agents will come to this test in their real estate journey:

Friday i had an instant client tripping in alfonso cavite-metro tagaytay area. I said instant because we were not supposed to go there in alfonso but in calaca. Because of the bad weather, my client asked me to show property near tagaytay and i call my friend immediately and asked if there's any and fortunately their neighbor who is also an agent told her that he has good property for sale.

So there we went to the property (without me inspecting the documents yet, but not to waste time because we were already there in tagaytay i showed to her the property being told). Fortunately, the property was very nice in location and planted with different fruit bearing trees, cacao, pepper and others it's 15 minutes straight way path from tagaytay-nasugbo national highway. Offer price was 600 per sqm relativelu cheaper with content and area of the property... other property there is being sold 800-1500 per sqm . So i told the buyer it's really cheap.

The following day, the buyer called me and asked me if the documents of that said property is ok... unfortunately i told her that i cant tell it yet not until i scrutinized and checked the documents by my self on Monday. She said that if i tell it so that the document is ok she will put in 1 million cash down payment immediately wow!!! (cash in! cash in!)

Happy as i am, i went to alfonso with to check the property documents and meet the owners. To my surprise.. the property is named/titled to the late father of the sellers. My jaw dropped because i know we'll be working on a very high expenses to make sure the documents are legally transferred to sons and daughter of the late property owner. But the sellers (daughter and sons) suggest that we would just forged their father's signature anyway it's their father and no other people would claim to the property and told me that is the "norm" there in their area ...

it's their norm but not my norm . I told them that im sorry i cannot go enter into contract with these documents not unless you will settle every thing in legal way. Im a licensed broker and i dont want to put my name in that contract knowing that it's not legally transferred, that's all end of conversation. At that moment i know im loosing "cash in!" but i know i will earn double or tripple in God's time.

The only solution to that is to have extra judicial settlement of all properties left by their father and that would cost them alot... that's the only time i can offer to sell their property.

It's good that i saw one of the city councilors who is also a good friend of mine in nearby city and asked it she is selling a property near tagaytay- wallah! there's one though a higher amount but worth much more than we initially offer. Now i just have to pray that the buyer will also like that property which i think she WILL.

Lessons:

1. NEVER show property to your client without you scrutinizing the documents of the property.
2. When you know that your credibility- obviously is being test immediately turn it down with all your heart- follow the narrow gate remember? because it is the gate to heaven.
3. Always have an alternative property to show and that alternative property, documents has already been checked.

Tayuman, Sta. Cruz, Manila Traffic of People

A Balikbayan couple toured us to their property that they wanted in Tayuman Manila which i havent visited i guess for sooo many years. The couple i am with are retired bank employees in the US, they've been there in the US for almost 30 years and Tayuman is their hometown.

Tayuman manila is a place known in selling catholic sculptured statues, as you pass along the streets you can see a very busy street. The balikbayan couple commented that it's just the same place where they used to pass by before and new buildings were built but there are more people around the area.

There's LRT station Tayuman which makes the place more accessible to people. Landmarks in the area are University of Sto. Thomas, SM San Lazaro, Department of Health which makes the place busy. Any street we go in has small businesses in that small area. Mixed community are in there.

The place we went to is just across the Tayuman LRT station where jeepney passes 24x7. It's a 800 sqm lot along the busy road of Tayuman. Ideally it's best for development of new townhouses, a supermarket, children school.

To top it all Traffic of People in Tayuman grows bigger as the years go by relative to the increase in countries population. Just another highly commericialized area in Manila which is a best place to invest your money into.

SEMCON BLOG CONTEST '09 Maves Salva- Winner!

Yehey! Marivic Salva a.k.a Maves Salva wins SEMCON Blog Contest '09

Im so grateful to win in this contest of 9,500 worth of seminar about internet marketing in Hotel Intercon Makati. Click her to read my winning entry

I would like to thank sir Abe of Yuga Tech for choosing me as one the winners Click here to show the list of winners .

Charles Licup of Nitro Franchise introduced me to this SEMCON event, the reason why i joined the blog contest. He was really into internet marketing while im focusing on my real estate ventures.. He told me that we best combine our focus real estate and internet marketing therefore we needed the seminar.

Thanks God for giving me inspiration to write and learn more about internet marketin through winning this contest. Maves Salva Winner! My first ever attempt to join any online blog contest. Again, Thanks sir Abe and Charles!

I look forward to learning more about internet marketing and apply it in real estate marketing.

Love Truly and Be Inspired to Live!

New Offering of DMCI Homes Cedar Crest Condo Taguig

Cedar Crest Condominium in Taguig Whoah! a new offering from DMCI homes. all 2 bedroom condo units near global city taguig. Construction of the building will start soon so better be up there to take advantage of it's low price, Cedar Crest Taguig. Dont wait till the building rises up to the middle before you buy because im sure the price already rises up too.

Investing in new offerings of a well established developer is another option in real estate investing. You are able to take advantage of the offer price then soon as the building finishes it's amenities check an estimate of 5-7% increase in price, plus plus... an almost 2.4M additional worth of property be listed in your assets...

Turnover time is on 2011 but knowing DMCI homes they do not just completely develop but more importantly finished projects ahead of their projection. For example, Tivoli gardens in mandaluyong, the 3rd building HELICONIA is supposedly be turned over on december 2011 but they're up to February 2011 only - 10 months earlier. Isnt it good developer to count on?

How about their price? They're prices are much lower compare to other developments in Metro Manila condomiums. Say for example, Cedar Crest initial price offering at 2.4M 50sqm 2bedroom condo which is 3mins away from Global City Taguig where condos at 50sqm is around 5M- doubled the price.

Most market of the c5 projects of dmci homes are workers of global city taguig. and newly wed couple working in makati area, mandaluyong, alabang. Possible also for retiring people, this is a resort type development wherein you can really relax with it's swimming pool, gym, greenery while in the middle of metro manila.. ..so near to the manila pride of Global City which is tagged to be the Philippines' Litte Hongkong... so near the Makati Central Business District, a fully developed business capital of the Philippines... most especially so near the place where you grew up...so near to your relatives and loved ones.

Take hold of the newest property and find happiness in the advantage of it's low price..

Love Truly and Be Inspired to Live!

Real Estate Mentor: Larry Gamboa meets the neophyte

It's a Sunday, my date time with the Lord so there i was at the food court of valle verde waiting for the next session of FEAST ( weekly festive celebration of holy mass and inspirational talk of bro. bo sanchez). I saw my virtual mentor Larry Gamboa ( i always tell his virtual mentoring is through his books which until now i keep on reading... i've already read it for like 4 times). So i waved hands and gave the biggest smile and to my surprise he approached me and made a small chat... perfect!!!! Time for me to remind him two things:

1. The think rich pinoy payment page, the seminar date supposedly is on November 28 but the payment says it's aug 1. ( I've checked it last night it's already fixed so you can reserve now for the seminar)

2. Ask him to be my mentor (already got the courage-- check on this why i already have the courage). I found relief when he says a loud "YES! email me so that i can send you the questionare!)

So the Expert Dr. Larry Gamboa meets the neophyte Mavic so there's more than meets the eye. it's BUSINESS!!!

"Love Truly and Be Inspired to Live"

Sales Tip: Sell your self to Property Sellers

Yesterday I recieved 3 missed calls, 2 messages from a Seller Friend. I just met him because he is selling his property. Unfortunately, i was not able to answer his call immediately because i was sleeping tired of 3 days out of town client tripping so today i declare my rest day- it was mid afternoon of thursday. When i called him back he told me immediately " Mavic isnt it Fred __- is your client" I said Yes. He remember in one of our conversation the name Fred__ made an inquiry through texting. Then he said " You know what i have just met him, he went straight directly to my property to see it. Do you know that he is coming? he said. Then I replied, no... Then he said "Dont worry ill credit the sale to you". Amazing!

In short.. even though the buyer goes directly to the property and if the property seller already bought your personality as broker and stand by it, trusted you and made professional agreement with you - then they will remain loyal to you even though the buyer is not loyal haha...

Just another story of trust: seller- real estate broker

"Love Truly and Be Inspired to Live!

Search Engine Optimation Conference Best to Be Applied in Real Estate

I've been banking to technology when it comes to marketing. Most especially marketing real estate in the Philippines. Though internet is wide open to see and to read what are the secrets in internet marketing, for me it remains hidden- to the effect that 95% hidden. Really! I need persons who will unfold the magic in internet marketing. This is the primary reason why i really need to attend the big event of SEMCON, otherwise, i'll remain to primitive stage of internet marketing.

What is SEMCON?
The Search Engine Marketing Conference (SEMCON) Philippines 2009 is the leading edge event for sharing real world information about the growing search industry, with key topics in search engine marketing, search engine optimization, pay-per-click, conversion optimization, web analytics, viral & word-of-mouth marketing and social media & community-driven marketing We need this event to combine Internet Marketing and Real Estate, the dynamic combination that gives you 500% of your expected outcome. For More Information go to http://www.imvsolutions.com/.

Think Rich Pinoy Seminar, Begin Learning and Start Earning!

THINK RICH PINOY!

Do you have a full time job and still wants to earn extra income? an OFW looking for investments in the Philippines? ask your loved ones to attend this extra ordinary seminar. NOW is your time to ACT!

There will be another Think Rich Pinoy Wealth Seminar by Larry Gamboa on November 28 , 2009, sign up for FREE MEMBERSHIP and get more information click here!.

I have attended this seminar below and my life began to change... it will just cost you $53 or 2,500++ . No time to learn? forget about earning.

It's worthy i bet you, this seminar will change

1. your mindset
2. your time investment
3. increasing your income stream.

Think Rich Pinoy Wealth Seminar on November 21, 2009
Your Passive Income Mentoring Starts Here!

Learn from the Think Rich Pinoy TEAM who's been buying and selling foreclosed real estate for four years now in the Philippines! Yes it can be done. You don't need to wait for a "recession" to buy property.

Get into passive income now!

RESERVE A SEAT NOW!

HAPPY HOMES is now up with the new logo

Im sooooo happy that at last i have chosen a logo for my business. I chose this logo because this translate my philosophy in serving people to finding their real estate properties. Here are the interpretations:

1. ARRAYS- shows that you can find true RICHES in your home... when you've bought it with outmost happiness.
2. 3 houses- houses of course represents to your home and why 3? because i love number 3 because in our Alphabet the # 3 is letter" C" which for me and would always stands for "CHRIST" ... that you wont be able to have riches at home with out Jesus Christ in your life

Buy Properties Today and Be Happy Tomorrow

Start Your Journey to Earning Your First Million

Our current life status is the manifestation of our own life decisions. You cannot point finger to your parents or to other people because your family is poor or you were not able to finish college that is why you dont have a good job, etc etc. Nevertheless, one thing is for sure that's definitely we own in this precious life of us.. .we have the FREEWILL given by God to make our OWN Choice of what our life wants us to become.

Claim your right to choose. Start your journey to earning your first million, whether in dollar,in peso, in yen, in euro,pounds and others what is important is learn!move! act! spend alot... alot of TIME.

The job that gives us income i know for sure and maybe to some people does not suffice to meet ALL our needs and wants therefore not letting us HAVE our first million at hand.We should know how to multiply this such inspiring word "INCOME" and that is by increasing the number of our Pasive Income meaning earning while sleeping. Lazy? of course not1 In Robert's Kiyosaki's book Rich Dad Poor Dad,

he mentioned that SALES=INCOME sales is equal to ( take note not greater than or less than) INCOME. So thus, it is necessary that you sell ALOT to earn alot and infact you can earn while sipping hot coffee in a top class beach resort? Amazing!...

There's a Filipino investor who applied the principles of robert kiyosaki in Philippine setting for us to understand what are the Filipino mindsets and specific investment that was described by kiyosaki. The author will inspire you to LEARN and start creating passive income through real estate, he is DR. LARRY GAMBOA and his book is THINK RICH PINOY.

Referring to SALES, our ancient world in economics told us that we have to have a commodity, sometimes other people equate this to inventory which just led us to RAISING AND RAISING alot of money just to have this inventory. However the world of techology led us to have this inventory costing you nothing, but time. Time to spend in learning how to do online business, TIME learning how to sell even not online products of other people without you buying it, TIME to increase your financial literacy (remember you are to count your millions, not tens, hundreds, or thousands).

Well, in one word to start your journey to earning your first millions you just need TIME. Join me in this journey! Sign up for FREE MEMBERSHIP. Start NOW! START QUICK! DONT BE LEFT BEHIND. !

P.S.

Do you know someone who wants to buy properties in the Philippines? Refer your friends and earn unlimited commissions !

2015 BIG DREAMS

"Eto eh, gustong gusto ko ito eh.. sya lang ang ayaw. " words from my virtual mentor pointing me as the subject of the conversation. That gives me a quick response of asking him to be one of his real estate franchisee. (let's pray that it will be granted)Why do i need to be a franchisee I already know how it works?

Yes i know how it works, but i dont have much experience of how it works. Therefore i need persons behind me to jumpstart my goals.

Ok here's my goal in 2015 this is coming very soon:

1. Happy Homes Realty Inc. - Already Incorporated. Opened rooms for my business to developed multi million real estate projects focusing to giving people affordable homes for them to achieve their dream of having their own house. Just like me having our own small townhouse here in Cavite is my long time dream to have a house to call our own.

2. Happy Homes Foundation- my own educational foundation helping people to send poor children to school especially my relatives because as you may know i have relatives who really cant afford to go to school that is why they have to work early even without finishing their high school.

3. Holyland Pilgrimage - im not talking to my and hubby only but my entire family going to Holyland to visit the place where Jesus used to be... and also bring other people there at their very affordable cost.

4. For our Parents (my hubby and I) - ok my parent's first, already have their own farmlot somewhere in south and doing livestock business and other farming business and roaming around the Philippines for vacation. Which i think would be possible because i already have a small lot somewhere near Tagaytay. While my mother in law, already have visited back and forth her sisters in canada and made the property in pateros a resort type residential condo
units.

5. How about my brother and brother in law? - well my brother is a part owner of my Happy Homes Realty specifically helping me in operations while my brother in law has now own a big auditing firm with his own apartments in Pateros

5. Have given BIG AMOUNT to He Cares Foundation, BIG AMOUNT to Anawim, BIG AMOUNT to Pag asa ng Pamilya

How's that? That's why i have to jump as high as i can to be able to do these. I have already written this at the of my bible, when Brother Bo told us to write our Dreams and Read it Every Day, so as i read the Bible daily. I liftt up my BIG DREAMS to God.

These are the reasons why i need to be a franchisee and have someone catapult me on top and to the peak.

Funny it may seem to others but im gearing my self towards it. I have just registered Happy Homes Realy in DTI and now on process of getting business permits and the others. But I really need Expert Advisers on this. I know I have a lot of things to learn and i cant do it alone.

DREAM BIG, BECAUSE SMALL DREAMS DONT EXCITE YOU!

Be Willing to Help Even Though He's Doesn't Buy

It's not all the time that you can find the right home for your client and sad part is He'll find it on his own. Don't Be Sad instead Be Happy for him that he already found one.

A call this morning reminds me that when you deal with your clients sincerely- they will feel that, they know that, they are not stupid not to know you are just there to sell or really wanted to help them. The conversation goes this way:

Client: Hello Mavic, I've found a house, nice and big house and have just submitted my offer, this afternoon i will know if the owner will accept my offer.

Mavic: Wow that's great! Im so happy for you.

Client: Look! I want to thank you because at someways youv'e helped me. Now I want you to do the transfer of title. How much will you charge me? and By the way i need your help again cause ill be buying more properties here...

Mavic: Sir, Im so touched. transferring of title would cost about 10-15k. Sir Thank you very much for the trust....


you see... even though he didnt buy from me i got his trust, which is more than any amount i could earn from the property that he initially bought.

Be Inspired to live behind missed transaction is bigger opportunity..

My First Sale 6 Years Ago: Property Sold from 100m away

Sir Larry Gamboa told me to make a journal of my transactions as i do this I remember my very first sale in real estate way back 6 years ago as an agent.

I sold a 1 hectare farm lot from 100 m away from the property. Amazing isnt it? Reason? Trust.

The buyer needs a rest house or a farmlot and overlooking area where she can plant trees, riceplant and others and so as a young agent i found the property suits her needs there we go to the mountanous area of Batanggas near Evercrest.

It was rainy season so we had the hard time going to the exact location of the property so i just pointed where the property was... im pointing to a big manggo tree and the area behind it was the 1 hectare lot.

And there she goes, gave the 20thousand earnest money that the same day but of course we went back before the final down payment to really check the property on site but the point is she made reservation without really being footed at the property.

Wow that was the most unbelievable transaction i had. My very first sale, the buyer bought it without being at the exact location of the property.

I was 22 years old at that time. the Buyer? 55 year old single lady, my OJT supervisor when i was in college. --- So Trust and Right Property. She will not buy it if she doesnt need it right? She will not buy it from a far if she dont trust me that whatever i tell her is true.

To date, it has a small house, and planted with papaya,pipino, pineapple. Up until now, I am with her sometimes visiting the property.

Can you Sell Properties when You're not with the buyer on Site?

<---------Down Payment Checks and Contracts)
I had recent transaction. Im selling a property sa tandang sora. I've shown the properties to more than 3 people and none of them put the down payment though expressed interest.

It was 8 am when someone called me that they wanted to see the property through his wife early in the morning the same day at 9am. woah! (im not a superwoman that can go in 1 hour from Molino Cavite- Tandang Sora Quezon City)

This is my philosophy about tripping when the

client says she/he will go to tripping follow his date and time if he/or she doesnt want to move it believe me take ups are most likely sure.

So I had no choice I called the owner of the house told her that someone is coming by this name ( at the back of my mind i was telling my self i hope the buyer or the seller will be loyal to me though both are just new people to me)

After the buyer told me that she'd visited the property, we had the negotiation luckily the owner has been loyal to me she told the buyer to negotiate about the price with me. and we closed the price and waiting when is the downpayment hay...thanks

The following day the buyer texted me that she's in the bank preparing the down payment wallah!!! deal closed.

I was not there during the tripping. but the secret is loyalty of both parties: even though we have written agreement of the seller still it can be messed out if the seller or the buyer was not loyal to me as broker.

the secret: loyalty - established credibility that makes them loyal to you. before the buyer went to the property i made sure that the buyer understands that i am the exclusive broker meaning the owner is selling that through me all the documentation and negotiation should be through me. And before the buyer go to the seller I made sure that i have written agreement and have initial contact with the seller and somehow established my credibility to her as a broker so somehow i have already earned her trust.

So the answer to the question is YES, you can sell properties even you are not there in the tripping. HOW? Establish Loyalty and Trust to both parties.

Affordable Sta. Rosa House and Lot

I've found a house for you:

JULY 4, 2009 Mark your calendars!

Open House for the bargain
House & Lot for sale located in Florenceville Santa Rosa, Laguna.




Where:
Lot 5, Block 1, Florenceville Subdivision, Tagapo, Sta. Rosa, Laguna

When:
Saturday - July 4, 2009 9am to 4pm

Why:
Great bargain property, below market value,
flexible terms available, ready for occupancy





HOUSE SPECIFICATIONS:
* Lot area: 100 sq.m.

* Floor area: 86.63 sq.m.
* 1 storey bungalow
* 2 bedrooms
* 2 toilet & baths
* Inside and outside kitchen



LOCATION:
* Inside a gated community in the heart of Sta. Rosa, Laguna
* 5 minutes away from SM and Robinson's Sta. Rosa
* 5 minutes away from MDI Hospital
* Walking distance to National Highway
* Walking distance to Sta. Rosa cockpit
* Right across the village basketball court
* Near churches and schools


CONDITION:
Ready for Occupancy

PAYMENT SCHEMES
OPTION 1: DEFERRED PAYMENT SCHEME
Selling Price - Php 1,400,000
Downpayment - Php 350,000
Monthly payment for 5 years - Php 25,533,96
Monthly payment for 10 years - Php 17,588.88
Monthly payment for 15 years - Php 15,421.36

OPTION 2: PAG-IBIG/BANK LOAN (sample computation only)
Selling Price - Php 1,350,000
Downpayment - Php 337,500
Monthly payment for 10 years - Php 14,526.43
Monthly payment for 20 years - Php 11,148.50
OR

OPTION 3: CASH PAYMENT
Php 1,260,000


CONTACT DETAILS: 09228 10 17 09 or 0916.304.55.41

FIRST COME FIRST SERVE BASIS THIS IS 1 UNIT ONLY.

Meet My Virtual Real Estate Mentors

I have a lot of mentors in real estate all are virtual that is through their books:

Real Estate Riches by Dolf De Roos

This is the 1st book that i've read way back 6 years ago. Through this book i learned to really love real estate and this book also made me realized what is my passion what i really want to do with my life.

I pursued to be a real estate broker and so i am.

Think Rich Pinoy by Larry Gamboa

Rent to Own scheme business is what i've learned from this book followed by Grow Rich Pinoy and Think Rich Quick with Trace Trajano.

Guide to Investing by Robert Kiyosaki

Guiding me to the right mindset in investing. I'm not yet finished reading it hehe...we'll update soon.

How to Win Friends by Dale Carnegie

Loved it! teaching the importance in giving value to people.

Our First Rent to Own Venture

Westmont Swimming Pool Area

Westmont Building

Where did I learn all of these?

I didn't learn this from school. I learn this through a book. I couldnt believe through reading the book Think Rich Pinoy book i have started my rent to own business. Thanks to Sir Larry Gamboa for the learnings i've gained. Thank you that i've met you personally to really have started the business when i bought the book i've just read it and do nothing about it for years but when i met him personally i was inspired by this Warren Buffet look alike with the same mission of helping people to gain financial independence and that is Larry Gamboa.. So then i was pushed to do it...

The Condo Unit

The above photos are the Building and Swiming Pool area of our 1st Rent to Own Venture.

A 37 sqm 1 Bedroom unit viewing the swimming pool at the 3rd Floor of that Building in Westmont Sucat Paranaque with complete furnishings: bed,water heater, tv,ref,sofa,dining table.

How did i get the condo?

That's not mine. It's owned by my beloved fiance. We got it through Pag Ibig loan. We bought that at a very reasonable price from a motivated seller who badly needed the cash.


Marketing?
. On the week that i posted at sulit


by Sulit.com.ph (avhicsalva)

wallah!! i've got so many inquiries that schedules were overlapping...

how's the journey of client trippings?

and the 1st one who called me to visit the property, the nearest saturday when she called and then backed out 2 hours prior to our meeting...( i was coming from cavite so i have to leave 2 hours before the meeting time- i was on my way when she cancelled it)

the following day is a Sunday i have to attend to 2 different viewing 1. westmont sucat condo for the rent to own at 1pm and 2. tandang sora house at 3pm

as usual it was me..rushing ... client number 1 was late past 2pm and he didnt arrive yet because of the traffic so i had to ask the lady neighbor to entertain the client in westmont sucat because i have to attend the 3pm tripping in Quezon City.

How's the Deal?


We'll that was so quick. (we'll i know it would be that easy because the price is so affordable with all the furnishings at Php 1,360,000)

That night around 11 pm (see that late im still working) the client in sucat whom i wasnt able to meet for the rent to own called up and said he will reserve the unit in the next 2 days. and wallah! we've got the reservation through bank deposit. (thanks to our lady neighbor)

The following week we recieved the downpayment. DEAL CLOSE in 2 weeks time.

How did you go about the DOCUMENTATION?

I've been in the real estate industry for almost 5 years and almost 1 year full time in a real estate company but 3months fully time on my own and this is my rent to own documentation so i have to research...

and Thank you for Mr Jay Castillo for the contracts posted in his blog and for other tips he posted in his website. He has been my virtual mentor in the documentation.

Also, when i bumped in with Sir Larry i've got the opportunity to ask him some questions about the business he advised me to get a trusted lawyer for the proper documentation so that one day should there any problem, it will not blow my mind on what to do. -ofcourse i took his advise.

I drafted the contract and show it to the lawyer for final approval and notarization. P 300 pesos.

What are the Terms of Payment?

Contract Price: 1,360,000
Reservation: 20,000
Downpayment: 100,000 to move in
Remaining Balance Payable in 10 Years with 15% interest


This was really a Win Win deal for me and for the buyer. He got the condo at the very affordable price with all the furnishings add ons and we've got a monthly passive income. (it's not mine, it's with my fiance)

what's next?

Im now working on my next rent to own venture so if you know properties that are being sold too low which means beyond the market rates or you yourself is looking of a rent to own scheme properties you can email me at happyhomesph@gmail.com and i can help you find or sell that property.

What to do when your Pag Ibig loan has been approved.

This is applicable for Privately Owned Lot or Residential unit sold to an individual only

When Pag Ibig staff calls you that your loan has been approved. What's the next step?

1. You have to go to Pag Ibig office and get the following:

a. Promissory note Documents
b. Loan Mortgage Agreement
c. Copy of Letter of Guarantee
d. Notice of Approval
c. Loan Proceeds Assignment

2. Transfer the title of the property to the borrower. Note that Pag Ibig will not release the loan not until the title has been transferred. You have 90 days to transfer from the receipt of the Documents listed above. Should you not be able to transfer within 90 days you have to ask for an extension.

For Extension: Submit an extension letter at the 7th Flr room 101

How to transfer the title and annotation of mortgage:

1. Notarized the Promissory Note, Loan Mortgage Agreement, and Deed of Absolute Sale( In our case we initially made a conditional deed of sale and later when we got approval of the loan we changed it to Deed of Absolute Sale)

2. Proceed to BIR for payment of the capital gain tax (6% of the zonal value or selling price whichever is higher) and documentary stamps (1.5% of zonal value or selling price which ever is higher. You have to provide the following:

a. Certified true copy of the title
b. Notarized Deed of Sale and Loan Mortgage Agreement
c. Tax Declaration of the land/improvements
d. Tax Clearance
e. Special Power of Attorney for representative (If applicable)

This is to secure the CAR (Certificate of Authorizing Registration) and Documentary Stamp. Normally it takes 15 days before you can get this certification.
3. Proceed to the Municipal Govt' (Assessors Office) for payment of transfer of tax. Get the Tax Reciept (have it photocopy when you recieved it)

4. Proceed to Registry of Deeds for the Transfer of Title. You have to provide the following documents:

a. Original Title (will be surrendered)
b. Notarized Deed of Absolute Sale
c. Transfer of Tax Reciept (photocopy)
d. Special Power of Attorney if applicable

5. Proceed to assessors office for the application of new tax declaration under the present owner

6. Go back to Pag Ibig with the following Documents:

a. Deed of Absolute Sale with RD Stamp
b. Loan Mortgage Agreement with RD Stamp
c. Special Power of Attorney with RD Stamp (If Applicable)
d. Certified True Copy of the Present and Cancelled Title

7. Wait for 5 days to recieve the loan proceeds.