Posted by Louis Franklin Cimafranca on Sunday, February 12, 2012,
In :
Real Estate
How to compute monthly amortization payments without a mortgage calculator
You will need the following information: - The loan balance or Principal amount. This is selling price less down payment, if any.
- The payment term or how long you intend to pay the loan
- The annual interest rate of the loan. You get this from the bank where you intend to buy the foreclosed property or the bank where you intend to get financing.
- The amortization factor that corresponds to the payment term and annual interest r...
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Posted by Louis Franklin Cimafranca on Tuesday, November 15, 2011,
In :
Real Estate
| | Feng Shui is one of the ancient Chinese methods that provide insight for sustainable living as well as harmonious relationship between people, time, space and the environment. They define in terms of energy which they called “chi”. This method gives precise information to design your living area in alignment with the opportunities and your needs. | | | There are generally two types of Feng Shui you will find out there: traditional and modern style. Each Feng Shuimaster has different interpretati... |
Posted by Louis Franklin Cimafranca on Tuesday, November 15, 2011,
In :
Real Estate
For our fellow Balikbayan countrymen who have made their careers abroad but wish to invest and earn from the different properties in the world of Real Estate Philippines, read this Balikbayan Buyers Guide for Real Estate Philippines to help you out, especially for beginners  This guide includes summarized Real Estate Philippines Laws which are organized for your convenience and education. Click the link below to see the guide…
For Pinoys who have renounced their Filipino Citizenship, The fir...
Posted by Louis Franklin Cimafranca on Tuesday, November 15, 2011,
In :
Real Estate
For those who are non-Filipinos, I hope you find this Foreigner’s Guide to Philippine Real Estate helpful. Read on until the bottom to get your full tips
By law, foreigners don’t have the right to acquire Philippine land (there have been many proposals to amend this law but of this writing, it is unlikely to change). The simplest way for a foreigner to acquire Philippine real estate is to have a Filipino spouse purchase a property. Another alternative is having a Filipino partner when acq...
Posted by Louis Franklin Cimafranca on Tuesday, November 15, 2011,
In :
Real Estate
| | Here are the complete steps and procedures of documenting and registering a sale of a second-hand property in Philippine Real Estate. These are steps that EVERY BUYER and SELLER must know. Print this article if necessary… | | | Remember, you must always bring Certified True Copies of the documents as well as necessary receipts to avoid inconvenience in case you will be required to present them. | | | Happy Investing Folks! | | | STEP 1: CITY/MUNICIPAL ASSESSOR’S OFFICE SECURE THE FOLLOWING: | | | 1. Certified True C... |
Posted by Louis Franklin Cimafranca on Tuesday, November 15, 2011,
In :
Real Estate
| | Here are the five Vs or the 5 Verifys every buyer must remember before investing in anyPhilippine property and declaring it “Safe to Buy”: | | | V1.) Verify if the Transfer Certificate of Title (TCT) is authentic by getting “Certified True Copy” of the title from the Register of Deeds. This office is usually located at the city or municipal hall where the property is located. Ask the seller of the property for a photocopy of the title since you will need the title number and the name of the ... |
Posted by Louis Franklin Cimafranca on Saturday, November 12, 2011,
In :
Real Estate
Foreclosed Properties are properties that are formerly mortgaged to the bank or other financing institutions where the former owner was unable to pay off their loan completely.Possible ways one can make money through foreclosures.1. Buy and HoldThis is the strategy of a person who buys a foreclosed property and holds on to it until its market value appreciates. In a nutshell. one can make money from the buy and hold strategy through the following:Selling the property for a profit. This assume... Continue reading ...
Posted by Louis Franklin Cimafranca on Saturday, November 12, 2011,
In :
Real Estate
Condotel means "Condominium-Hotel" where an investor can invest and buy a condominium unit and then rent it out to prospective users just like a hotel.Tips on Buying a Condotel as a Rental Residence"Condotels," also known as "condo hotels," are typically condominiums in resort or downtown communities. A condotel looks and feels to visitors like a hotel or resort, but in these resorts, individuals have the opportunity to purchase individual units. Unlike a timeshare, where buyers pay for limit... Continue reading ...
Posted by Louis Franklin Cimafranca on Saturday, November 12, 2011,
In :
Real Estate
Because I am an agent, I believe that inquiring with an agent is the best move to make in buying any real estate property. But you don't have to if you prefer to go to open houses and look through a mumbo jumbo of homes online. Mostly, an agent will save you time.Below are some of the things that real estate agents can do for you. * Agents can pre-assess if you are qualified to get a home loan or mortgage before you jump into the buying process. * An agent can send you listings directly f... Continue reading ...
Posted by Louis Franklin Cimafranca on Saturday, November 12, 2011,
In :
Real Estate
Rule 1: The most important general principle in house-hunting is - location, location, location. Your home's location within the community will be the most important controller to your resale profit. Good schools, proximity to shopping and transportation, and accessibility to the central employment area are factors that make location favorable. A home purchase is the largest investment most families undertake. When you settle in the community of your choice, you gain a stake in its future, it... Continue reading ...
Posted by Louis Franklin Cimafranca on Saturday, November 12, 2011,
In :
Real Estate
1. Renting - Renting is throwing away money. It is comparable to leasing a vehicle. Renting is just like just paying to borrow something that you will never own. The paying will never stop and there is no equity in it. Your landlord will give you nothing in return when your tenancy has come to an end. You can just at least get an affordable house and lot with a mortgage or loan, with this you will be paying someone (a financial organisation), but this is in order to eventually own the propert... Continue reading ...
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About Me
| Louis Franklin Cimafranca |
| Quezon City |
Driven Marketing Salesperson
Email:lbcimafranca@gmail.com
Landline:2172030
Mobile:09178729568
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