Velmiro Davao By Cebulandmasters

24/12/2022

16/05/2022

𝙏𝙝𝙞𝙨 𝙞𝙨 𝙞𝙩📣🚩

𝙇𝙊𝙒𝙀𝙎𝙏 𝑇𝑂𝑊𝑁𝐻𝑂𝑈𝑆𝐸 🏡
Soon to open here in DAVAO..
Invest Your Own Home!!! 5K to 8K monthly PRE-Selling Equity😉

FOR LINE UP

📍Located in MAGTUOD, MAA DAVAO CITY
👉🏻Overlooking Area
👉🏻Loanable thru pagibig
👉🏻15 mins from S&R
👉🏻One Ride to City Proper

☑️ WITH complete amenities (Guard House, ClubHouse, Basketball Court and Swimming Pool)

Sample photos only
Pm me for more details!
For Announcement Purpose only!

11/12/2021

Real estate is something that you can physically touch and feel it's a tangible good and, therefore, for many investors, feels more real. For many decades this investment has generated consistent wealth and long-term appreciation for millions of people. Depending on the location of your real estate, you can enjoy sizable returns on your investment.

12/11/2021

Cebu Landmasters Inc Wins Again!
11 Major Awards including Best Developer in Visayas and Mindanao.




Best Developer (Visayas)
Best Developer (Mindanao)
Best Affordable Condo Development (Metro Cebu) for Casa Mira Towers Mandaue
Best Condo Development (Visayas) for MesaVirre Garden Residences
Best Condo Development (Metro Davao) for One Paragon Place
Best Housing Development (Mindanao) for Velmiro Uptown CDO
Best Township Development for Davao Global Township (DGT)
Best Mega Mixed Use Development for Patria de Cebu
Best Hotel Interior Design for Radisson Red.
Special Recognition in ESG
Special Recognition in Sustainable Design and Construction

11/11/2021

When buying a house timing is not crucial but it is a big factor. When investing in a property, homebuyers attempt to predict the property values if these are on the rise or fall while also checking out the mortgage rates that may follow.
But when is the best time to buy a property?

Buy only after you’ve visited the site! 🏘

Many homebuyers check out images and videos online on the property listings. And while that is an ideal way to go at it especially when you are unable to visit the site, it is still best to see the location for yourself.
You need to visit the area where the building or community will be put up so you can check out the neighbouring community and other business establishments nearby. You will also see first hand the traffic leading to the property, schools that are available for your kids, and even check if the property gets flooded in the rainy season or gets pretty hot during the summer days.

Buy during pre-selling stage of the Build! 🏗🏠

Pre-selling homes are much cheaper than getting a ready to occupy property. Pre-selling price is an introductory rate to attract homebuyers to invest and buy a property in that development. You can save as much as 30-40% than buying a finished or built one. Developer would also throw in 5-15% discounts and/or offer flexible payment schemes during this stage to lure in more buyers. Not only are you getting a new home but you are getting it cheaper and by the time your home gets turn over, it’s market value will have increased.

Buy when the market is low! 🏠

Real estate value is very tricky to predict when it rise or falls. Properties get easily snatched and developed, so when you think you want to wait for a few more years before buying the property that you like, it might have already gone up. When areas and communities get developed, the market value surrounding it will also increase. And since there is the constant need for infrastructure and community development, there is low chances for property values to actually decrease.
But the best time that the market is low is buying a property now or in the present before it increases.

Buy when you can afford it! 🏡

However given with all the factors to consider on when to best buy a home the most definite answer is when you can afford to. Before you get into the homebuying process, you should check your finances and see if you can afford the payments. Buying a home is a big financial move, you need to pay reservation fee, downpayment or equity, move-in and utility service fee and monthly mortgage, etc.
So when you have the money and budget for it, there is no stopping you from buying that dream home.

25/10/2021

Aerial view of Davao Coastal Road update.
Ctto

25/10/2021

4 key differences between PAG-IBIG and bank loans
#1 Loan Purposes Slightly Differ
Securing a home loan will require you to disclose the purpose of the loan. For most commercial banks and also PAG-IBIG, they consider a new or re-purchase of a property like a townhouse, condo unit, completion of home construction and refinancing of your property.
Meanwhile, PAG-IBIG allows home loan applicants to purchase a lot, not exceeding 1,000 sqm. Commercial banks offer other services such as home equity.
#2 Interest Rates and Maximum Amount to Borrow
PAG-IBIG offers its members access to borrow up to P6,000,000 and for those who are earning minimum wage, they can enjoy a lower annual interest rate per annum from 3% to 4.5% under the Affordable Housing Program.
However, to be eligible for this offer, the home loan applicant must have less than P15,000 as gross monthly income in the NCR region and P12,000 outside Metro Manila. They can avail up to P450,000 of housing loan only.
Interest rates in commercial banks are lower than PAG-IBIG but have limited fixed rate terms that are good or as valid as 1, 2, 3 or 5 years, unlike PAG-IBIG that offers up to 30 years.
Acquiring an interest rate with a fixed term of 15 years means you’re spared from the market’s fluctuating rates (if your loan tenure is 15 years), which are usually higher than your original rate when you apply for the loan.
Once your fixed rate from the bank expires, you are at the mercy of the market’s prevailing interest rate. And that could be the same or higher, depending on the condition of the market and economy.
#3 PAG-IBIG loans are better when it comes to repayment options
Repayment is the process of repaying the lender the amount you borrowed, including the principal and interest rate based on the contract. When it comes to PAG-IBIG loans, the repayment scheme is less complicated when it comes to the computation as the fixed rate is consistent for the loan tenure.
You can pay in a lump sum or at any time pay it in full or you may wait until its maturity date, the maximum of loan tenure is 30 years.
However, when it comes to home loans in commercial banks, the process and the computation is quite complicated and varies because the fixing period is shorter and you also need to pay for the early repayment fee. Banks can provide you at best 1-5 years of the fixed rate.
If you have a stable income, PAG-IBIG home loan is a good option if you don’t want to mess with the fluctuating rates from the banks once the fixing period ends.
#4 Banks have stricter requirements and qualifications for borrowers
Compared to the list of requirements and qualifications between PAG-IBIG and commercial bank home loan applicants, the former is more lenient even to the new or first-time applicant.
PAG-IBIG members should have 24 months of contribution and no existing multi-purpose loans in arrears. Members can also pay 24 months of that contribution in a lump sum. And no history of PAG-IBIG loan had been cancelled, foreclosed, or bought back.
On the other hand, if you apply for a home loan in banks, you don’t have to be a member of PAG-IBIG, but your monthly family income must be more than P40,000 and have a stable income.
Business owners and the self-employed must submit requirements to prove the profitability of their businesses or profession over the course of at least 2 years, including financial statements and other supporting documents.

10/10/2021

I’m an OFW, How can I buy a house in the Philippines?

BUYING A PROJECT BASED PROPERTY [FROM A DEVELOPER]

1.)Assign a trusted representative to act on your behalf; we call it SPA or Special Power of Attorney. In documentations, you will see it as Attorney-in-fact. This representative will sign all documents under your name and will probably do the leg work for all the requirements in the Philippines. Preferably, your parents or siblings if you’re single or your wife/husband if you are married. Your children can also act on your behalf if and only if they are already of legal age and already working. It is not advisable that you set your real estate agent or broker unless otherwise there is an absence of the entire immediate family or you have a secure connection (preferably by blood) with them. For security and ethics purposes, it is best that you set your Attorney-in-fact to someone you trust to act on your behalf.
2.)Complete the registration or reservation process with your SPA and your chosen real estate agent. We advise that you work only with one real estate agent from the start, to avoid confusions and problems between realty too. Your SPA should bring the following during reservation.

*Reservation Fee
*Buyers Information Sheet (should be under your name)
*Authorization Letter from you for your assigned SPA
*Your two valid Government Issued *IDs’swith three specimen signatures
*SPA’s two valid Government Issued *ID’swith three specimen signature
*Proof of Income (Scanned copy of your Job Contract or payslip)

3.)Check the reservation receipt issued to your SPA, make sure it is really under your name.

4.)You and your SPA will be given 30 to 60 days to complete all the documents required to secure your purchase. One of the requirements that you need to prepare overseas are the following;
CONSULARIZED Special Power of Attorney (to be processed at the Philippine Embassy in the country you are in).
*Certificate of Employment with
*Compensation (if available)
*Your current/active Job Contract (in English)
*Scanned copies of your Passport entries (up to the last entry)

FOR BROKERAGE PURCHASE [RESELL]

1.)Assign a trusted representative to act on your behalf, a SPA or Special Power of Attorney. They should be able to inspect the location and property for you.

2.)Choose the property you want to purchase. Make sure the property has the following; LAND TITLE, PROPERTY Tax Declaration, and Vicinity Map.

3.)Secure a Certified True Copy of the Property Title of Ownership. Make sure that the person you are dealing with is the owner listed in the property title itself. If he/she is a relative or a representative of the owner they should have the Authority to Sell.
4.) If the sale is final, your Attorney-in-fact will sign on your behalf (on your name). The Deed of Sale should be under your name and not the name of the SPA.
For purchases that prefer financing or under a housing loan, the financing institution like banks or PAG-IBIG Fund may request more documents from you to have the loan approved.

27/09/2021

Making Money from Real Estate Investment! 💯