Category: PHILREP Articles

Why is Sofitel Manila Closing Down?   Sofitel Philippine Plaza Manila, a beloved luxury hotel in the heart of Manila, is set to close its doors on July 1, 2024, after nearly fifty years of service. The closure follows routine assessments that revealed structural safety concerns. Since its construction in 1973 and opening in 1976, […]

The post Farewell to a Legend: Sofitel Philippine Plaza Manila Closes Its Doors After Nearly Five Decades appeared first on PHILREP Realty Corporation.

Guide to Understanding the Bank Loan Process When Selling Your Property   When selling your property and the buyer intends to pay through a bank loan, it’s important to understand the process. This guide will provide you with a comprehensive understanding of the bank loan process.   Bank Loan Process on the side of the […]

The post Guide to Understanding the Bank Loan Process When Selling Your Property appeared first on PHILREP Realty Corporation.

  Purchasing a pre-selling condo unit, also known as buying “off-plan,” is becoming an increasingly popular option among real estate investors and prospective homeowners. This approach involves purchasing a condominium before it is completed, typically during the planning or early construction phases. While this strategy offers several benefits, it also carries certain risks. Here, we […]

The post Buying a Pre-Selling Condo: Is It Worth It? appeared first on PHILREP Realty Corporation.

  The Importance of Securing an Authority to Sell or Authority to Lease from Real Estate Clients In the fast-paced world of real estate, having clear agreements and defined authority is crucial. Among the many documents that Real Estate Brokers need, securing an Authority to Sell or an Authority to Lease from clients is especially […]

The post The Importance of Securing an Authority to Sell (ATS) or Authority to Lease (ATL) from Real Estate Clients appeared first on PHILREP Realty Corporation.

  Understanding the Basics A Tax Declaration is a document used by local governments to determine property taxes. It serves as proof of ownership for taxation but doesn’t establish legal ownership. On the other hand, a Transfer Certificate of Title (TCT) is a legal document that signifies ownership of a real estate property.   Steps […]

The post Process for Obtaining a Land Title from a Tax Declaration appeared first on PHILREP Realty Corporation.

  The bill, which sought to expand the coverage of the estate tax amnesty and prolong the period for eligibility by an additional two years, has now transitioned into law. Republic Act (RA) No. 11956 extends the window for availing the estate tax amnesty for an additional two years, spanning from June 15, 2023, to […]

The post Estate Tax Amnesty Extension EXTENDED! appeared first on PHILREP Realty Corporation.

The Home Development Mutual Fund, more commonly known as Pag-IBIG Fund, is a government agency in the Philippines that provides housing and financial assistance to its members. For many Filipinos, owning a home is a dream come true, and Pag-IBIG’s housing loan program is designed to make that dream a reality. This article aims to […]

The post Understanding PAG-IBIG Loan Requirements: Your Guide to Affordable Housing Finance appeared first on PHILREP Realty Corporation.

The real estate industry is no stranger to innovation, and over the years, technology has played a key role in driving its growth and evolution. With the rise of digital tools and platforms, real estate professionals are finding new ways to streamline their operations, enhance customer experience, and stay ahead of the competition. In this […]

The post Technology’s Increasing Role in the Real Estate Industry: A Look at its Dependence appeared first on PHILREP Realty Corporation.

Beyond the Screen: How Real Estate sellers Can Successfully Make the Shift from Online to Face-to-Face Selling   The COVID-19 pandemic has drastically changed the way we live and work, including the real estate industry. With social distancing and stay-at-home orders in place, real estate agents have had to adapt to online selling to continue […]

The post Beyond the Screen: How Real Estate sellers Can Successfully Make the Shift from Online to Face-to-Face Selling appeared first on PHILREP Realty Corporation.

  The onset of the pandemic in 2020 had a significant impact on the Philippine economy. It saw the rise of remote workers and the acceptance by various industries (albeit begrudgingly) of the importance of giving knowledge workers the ability to work from home. It was a tidal wave of hardship for many, and a […]

The post POGOs poised to make a comeback in the Philippine Real Estate market in 2022 appeared first on PHILREP Realty Corporation.