I watched both of your videos about condos and pre-selling and they are very informative. Thank you for giving us very practical tips. I feel bad for those OFW's who don't do their research first.
Hi there, dont fee bad on them. Coz they bought condos because they are financially educated.Buying a condo is not just plainly buying a condo. you have to understand for urself why in the first place you are buying a condo. Are you going to live in it or occupy it? Or are you an investor? The philippines now 2018 is approaching the population sweet spot. This time now in the Philippines is the same time in the US in 1970s kung saan umuunlad ng todo ang economiya ng US. Papunta na po dun ang pinas sa pag unlad. If one dont understand economic history and economics then surely ang makikita lang ng isang tao ay ung condo dues, elevator, mahal, closing fees etc. We have to grasp the wholeness of benefits in investing in condos. The key here is financial education, real financial education where you understand the monetary policies of economic authorities.
The tips are very helpful. I hope I can show you it to others how I got my condo at the age of 23, too! Hoping for support from you guys. I’ll show it on my next videos. ❤️
That's true po sir if we want to invest something mas maganda po talaga condo because it will appreciate. Thank you for imparting your knowledge here po.
Thanks Tony for the very important information. I have a lot of friends who were allured easily by sales talks, without knowing the points that you discussed in this talk show. kudos to you.
Mabuti napanuod ko to.. Sa subdivision na ako bbili. Ang ganda kc pakinggan kpag my condo eh.. Prang safe na safe.. Kc my guard at andun na ang gym at swimming pool
Benefits of living in the city, high speed internet access, commute and work accessibility. Save 2 to 4 hours a day. no need to maintain your property outside your home, amenities, retail and supermarket are walking distance, more accessibility to a wide range of food deliveries and usually tight security and you are brought closer to meet and social with different people and last but not the least view of the landscape. When you are older it is easier to find caretakers because they would prefer to live in the city. Ps I'm not a sales agent I'm a happy owner of a condo I use for school and work.
Sa Davao city madadaya ang mga developers. Ayaw magbigay ng Construction Documents na approved by the Building Official. Mga balasubas kasi. Kaya kung ayaw magbigay ng blueprints na approved for building permit ng city, huwag na kayong kukuha. Ang may personal experience ako ay sa Prestige Realty. Sa Granville project nila.
Kaya pl ayaw na ayaw ng anak ko dami plng disadvantages ng condo mgnda lng ung accesibility kc nagwowork k ..pro un nga daming di ok .mganda lng pkinggan ..mas ok p din single detached or town house kc sa fresh air nd kng gusto mo extension or lifetime cyo title nd mliit lng yung dues ..kso lng nga ang mahal kpg sa city ..
For a financially educated person or investor or entrepreneur, condos are milking cows for wealth building. We have to know what the rich people know, so we can do what they do.
house or condo its not an investment or what we call it asset if you want to have it on your own however if you bought neither of the two for your business purposes possible it an asset. Unfortunately most of the people thinks it an asset but it a liability in reality.
How could i file a claims against the developers who files bankruptcy??? I bought 2 pre-selling in Shaw Blvd. . In Mandaluyong. 10 yrs. has passed but no delivery.
Hi Arnel, yan ba yung once fully paid kana yung processing ng CCT? Sa amin kasi fully paid na sya then processing na ng CCT mga 100k-200k ang magagastos at 33sqm lang yun. Yearly also we are paying Real Property Tax at Real Estate Tax. Any idea dyan Sir?
Hi Ms Ysabelle, i think yes, ito yung mga paperworks and transfers fees. Correction pala the closing fee is about 305k for 2bedroom 69 sqrm. After paying the 15% DP for 24 month, then you need to pay this closing fees before occupying the unit plus yung mga condues like meter deposit,meralco etc.
For condo closing fees, it depends on the developer. May developer po na may closing fee, meron din developer na walang closing fee. Yung developer ko po ng condo ko all in na ang price. Total contract price is the final price, no hidden fees. Also pls take note during bank loan availment na may mga fees ang banks pag ipapasok mo sa bank financing ang condo mo. Those are bank fees and not fees from developer.
those are exactly the same when you own a house and lot. You maintain , repair and furnish your house and lot too. You insure your house and lot too para protected ka financially.
Hello. Wala pong batas na nag sasabing gigibain na ang building at 50years old na. Its up to the share holders aka the units owners of the building to decide the fate of the building. Once you own a condo, automatically you become a shareholder of the corporation. Shareholders are the units owners. Kung well maintained ang building then no problem, it can operate many many more years. Check US, Europe ilang years na kaya ang mga lumang building dun? 50 years is just the validity of a corporation license. So, pag 50 years old na ang building, it means kailangan ng irenew ang corporate license and ang corporation ay ang mga unit owners. Irerenew lang po hindi gigibain agad. Kung poorly maintained ang building at mahina ang structure, then kailangan ng gibain.Once magiba, all unit owners also owns that piece of land na dating kinatatayuan ng condo building, its perpetual ownership, you can pass the property to your kaapuapuhan. Imagine kung how much na ang value ng piece of land na yan. Let us do some research and wisdom gathering. Ang condo building ay ginigiba lang kung may bumili sa buong building at lupa at gusto ng new owner na patayuan ng mas malaking tower. SElling price divided sa mga unit owners o shareholders Ang condo ay ginigiba lang kung found weak na ang structure.
Economic life span of building is 60 to 120 years. It depend on structural stability. If earthquake strike every 10 yrs for mag. 6 to 7. It short s economic life span of building.
