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Cebu real estate deals most often use acronyms and abbreviations such as OCT, TCT, CCT, DOAS, CTS, and eCAR. These terms are common throughout the process. If sellers, buyers, OFWs, or heirs misunderstood them, it can lead to extra costs. Why Cebu Buyer & Seller Need to Understand Real Estate Acronyms Real estate sales in…
In today’s changing economy, rent-to-own (also known as lease-to-purchase) and assume unit (also known as “pasalo”) have become popular real estate ownership options for many Filipino buyers—including first-time homeowners, OFWs, investors, and foreign buyers. Cebu now offers these flexible homeownership options in key areas like Cebu Business Park, Cebu IT Park, and SRP, as more…
What is Land Title Transfer in the Philippines? In Philippine real estate transactions, land title transfer is the legal process of transferring full ownership of the property from the property owner to the buyer after the Deed of Absolute Sale (DOAS) is signed by both parties and notarized. This process includes submitting a complete list…
In the Philippines, we often believe that Real Estate Agents, Real Estate Brokers, and Realtors are the same, or, in most daily conversations, the terms are used interchangeably. But under Philippine law, the three real estate titles differ greatly in their meanings, job descriptions, responsibilities, and legal authorities. Knowing these differences protects: Property Buyers Property…
Owning a home is a keystone of wealth… both financial affluence and emotional security.
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