Margie P. Manguilimotan Realtor

Margie P. Manguilimotan Realtor Davao Land Property.888

31/10/2024

Client looking 10 hectares near highway for Memorial Park.

Rush!Rush!Rush! house for Assume!
30/10/2024

Rush!Rush!Rush! house for Assume!

07/10/2024

Lot for sale 285sqm at
Villa de mercedes prop 15k/sq mtr with title...pls.message for more details..

Have a Thankful Thursday!!!
19/09/2024

Have a Thankful Thursday!!!

Deal only with Accredited real estate Salespersons and licensed brokers and appraisers‼️✅️📲🎯
18/09/2024

Deal only with Accredited real estate Salespersons and licensed brokers and appraisers‼️✅️📲🎯

House&Lot for Assume!!!Corner Lot Area with FenceWith sari2 StoreLot area: 193sqmAssume Price :1.8MFor more details pls ...
17/09/2024

House&Lot for Assume!!!
Corner Lot Area with Fence
With sari2 Store
Lot area: 193sqm
Assume Price :1.8M

For more details pls message me or you may call at 09664627816

6 Steps Before Buying LandStep 1: Obtain a Copy of the TitleWhen a real estate agent or landowner offers a property for ...
31/07/2024

6 Steps Before Buying Land

Step 1: Obtain a Copy of the Title

When a real estate agent or landowner offers a property for sale, the first step is to get a copy of the land title.
Investigate at the Register of Deeds using this copy to ensure the land is free of encumbrances such as mortgages, claims, or other issues. Verify that the copy matches exactly with the records at the Register of Deeds to confirm it is genuine and problem-free.

Step 2: Conduct a Relocation Survey

Hire a Geodetic Engineer to conduct a relocation survey of the land boundaries.
Ensure there are no structures or fences from adjacent lots encroaching on the property you intend to buy.

Step 3: Execute a Deed of Sale

If the land is problem-free, proceed to execute a Deed of Sale or "Contract of Sale".
Both the seller and buyer must sign the contract, and it must be notarized.

Step 4: Pay Documentary Stamps

Within one month from the notarization of the Deed of Sale, pay the Documentary Stamps.
This is a crucial payment that must be made promptly to avoid complications.

Step 5: Pay Capital Gains Tax

The seller must pay the Capital Gains Tax to the BIR (Bureau of Internal Revenue) because they earned from the sale.
The BIR will issue a Certificate of Authority to Register, certifying that all taxes have been paid and authorizing the transfer of the title to the buyer.

Step 6: Transfer Fees and Title Transfer

Once you have the Certificate of Authority to Register, take it to the Register of Deeds.
Pay the Transfer Fees, which are relatively inexpensive.

The Register of Deeds will surrender the Owner’s Copy of the title, and you will need to wait for the title transfer process to be completed. Continuous follow-up is necessary because the process at the Register of Deeds can take some time.

Following these steps ensures that the land purchase process is smooth and free from legal issues.

Pls.send me a message if you are interested. ..

Address

Centaurs
Davao City
8000

Telephone

+639302369878

Website

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