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Posted in Money, Nice Books to Read, Shopping, Travel on Mar 5th, 2008
I have been meeting people the last few days who are living a great life at retirement time and they shared with me why.
One is Ma’am V who just acquired a $ 600K luxury condo and Sir F who bought at least 3 vacation condotels and buying more.
They have travelled the world with their families spending quality [...]
Posted in Boracay on Feb 5th, 2008
In the locally distributed monthly paper called Philippine Wide Boracay, the December issue says “Real Estate in Boracay is Booming”. I believe this is true because of the so many Condominium Hotel developments in the Island. I saw at least five such as The Crown Regency Boracay along the Main Road, which will boast of [...]
Posted in Bank Financing, People, Real Estate on Nov 13th, 2007
How much are the Bank Fees when you make a real estate loan in the Philippines?
These are what the loan charges are like for a P1 Million Housing or Condominium loan.
The following are estimates only.
SCHEDULE of LOAN CHARGES
Mortgage Redemption Insurance Premium Php 5,800
Fire Insurance Premium (FIP) P 1,100
Mortgage Registration Fee P 9,000.00
Processing and Notarial Fees P 3,500
Doc Stamps on [...]
