Rights of Real Estate Buyers - People of the Phils VS Profriends

14/03/2021

I have been receiving urgent requests for help regarding Profriends. Though I am dismayed that this company continues to cheat its customers, I am currently unable to provide direct assistance to victims because of my mother's condition. She is 82 years old and now bedridden following an accident resulting in a fractured wrist and forearm. I am rushing the processing of the sale of our house and lot in Quezon City to help make ends meet, as well as overseeing the caregiver whom I hired to help her. My quick advice, though, to all victims would be to do the following:
1. Form yourselves into a group. It is easier to negotiate a refund from this company if you demand for it as a group.
2. Familiarize yourselves with the laws on this matter.
3. Get a lawyer to help you. I would recommend you seek assistance from Bayan Muna Representative Carlos Zarate.
4. Make sure that you have valid grounds for a refund. A personal financial or family emergency, for example, does not qualify you for a refund under the law. But developer's failure to deliver the unit on time and as scheduled, as well as double sale of your unit to someone else, are valid grounds for a refund.

15/08/2016

"Take time for viewings. There are specific details that a photo simply cannot illustrate so it is important that you see the actual unit you are going to buy."

Consider these tips before buying your first real estate investment.

05/08/2016

07/07/2016

baka sakali makatulong.....

Finally, a Cabinet post for Vice President Ma. Leonor “Leni” Robredo. President Rodrigo Duterte has appointed Robredo as head of the government’s Housing and Urban Development

30/06/2016

a good read...

Don't let your brain get in the way... 10 real estate investment pitfalls that cost you millions – and how you can avoid them

31/05/2016

"isauli nyo na kase!"

20/05/2016

This is for everyone to know...

Property Company of Friends, Inc., commonly known as Pro-Friends is a real estate company in the Philippines owned by Guillermo Choa. It is engaged in low-cost housing and condominium development. Its projects are on Luzon, Visayas and Mindanao. Its banner project[3] is Lancaster New City, which occ...

19/02/2016

tuloy-lang-na-panlilinlang-ng-pro-friends

KRUSADA at adbokasiya ng BITAG ang magsabi ng totoo.

09/02/2016

"No installment payment made by a buyer in a subdivision or condominium project for the lot or unit he contracted to buy shall be forfeited in favor of the owner or developer when the buyer, after due notice to the owner or developer, desists from further payment due to the failure of the owner or developer to develop the subdivision or condominium project according to the approved plans and within the time limit for complying with the same. Such buyer, may at his option, reimbursed the total amount paid including amortization interest but excluding deliquency interests, with interest thereon at the legal rate."

09/02/2016

good read...

12/01/2016