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Showing posts from February, 2024

Deed of Sale, Registration Process

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Seller sells and Buyer buys according to the terms and conditions they agreed upon‼️ This is the whole process NOTES: Buyer and Seller should provide government IDs A SPECIAL POWER OF ATTORNEY is needed if one or the parties to the transaction are not available to sign the documents personally. *********************************************       THE PROCESS and... Private/Government agencies to work to: 1. Notary Public-  Preparation and notarization of the Deed of Sale, after both parties have signed. 2. Registry of Deeds-  Get certified copy of the title of the property subject of sale. 3. Assessors Office-   Get certified copy of tax declaration for the lot and the improvement, if any. Get certificate of no improvement if there's no building or any improvement on the lot. 4. Treasurer's Office- in the municipality or city where the land is located-  Get tax clearance for the land and improvement, if any. 5. Bureau of Internal Revenue (BIR)-  All the documents you gathered fr

Pagibig Housing Loan Filing and Requirements

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Magandang Araw! I am currently working on filing a housing loan with Pagibig. I have screened shot the Pagibig website above for your reference. Sharing the processes I took as I go along, might be of help in case you decide to apply one as well. But before anything else, you should be aware what are the requirements needed to file a housing loan with Pagibig. Requirements needed 1. Title to the property to be loaned, It must be in your name. If it is in your parents' name, they must give you notarized authorization. Anyway, you can have the form from the Pagibig website. If you are going to go to their website you will be given instructions;   2. Updated tax declaration of the lot. If it is for a renovation of an existing house, you will also provide the tax declaration of the house; 3. Updated tax receipt of the house and lot; 4. House plans duly signed by a licensed civil engineer/architect, sanitary/plumbing engineer and electrical engineer; 5. Updated Bill of Materials and Spe

Affidavit of One and Same Person

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Magandang araw po! What if you have already submitted documents for processing at the Registry of Deeds, then they realized there is a problem in the name of one of the parties to the transaction? Exactly, this happened to me while processing a Sale with Partition. The examiner noted that the Seller's middle initial is different from his provided government issued ID. Affidavit of One and Same Person They texted me, advising that they noted some discrepancy in the name. They further stated that scenarios like this requires court hearing. However, we will just try to settle this through an affidavit, Affidavit of One and Same Person. A marriage contract and birth certificate from PSA should also be attached to the affidavit to support.  For your reference, Affidavit of One and Same Person: REPUBLIC OF THE PHILIPPINES  )                                                         ) S.S.   AFFIDAVIT OF ONE AND THE SAME PERSON                 I, __________________ , of legal age,