zilch45 Posted June 16, 2011 Share Posted June 16, 2011 (edited) hello guys..just want to ask regarding this thing.. i bought a house and lot in quirino quezon city..thru bank amortization.last year since it was pre selling and they told us the house will be ready january this year..but until now the house is not finished yet and we tried to pull out.but the company are asking us to pay some more if we are going to pull out..my question is 1.is that legal that they will give us another payment for pull out?..2 is there anyway that we have our money back because we are very disaappointed.. we are paying monthly in the bank and still we have no house..3.what is the legal remedy for our problem..Hope you could shed light on this..Thank you. if it's a subdivision project, go to Housing and Land Use Regulatory Board (HLURB) and file your complaint. They can compel the developer to act on your requests since it's the developer who have not fulfilled their obligation. Edited June 16, 2011 by zilch45 Quote Link to comment
TheSmilingBandit Posted June 16, 2011 Share Posted June 16, 2011 hello guys..just want to ask regarding this thing.. i bought a house and lot in quirino quezon city..thru bank amortization.last year since it was pre selling and they told us the house will be ready january this year..but until now the house is not finished yet and we tried to pull out.but the company are asking us to pay some more if we are going to pull out..my question is 1.is that legal that they will give us another payment for pull out?..2 is there anyway that we have our money back because we are very disaappointed.. we are paying monthly in the bank and still we have no house..3.what is the legal remedy for our problem..Hope you could shed light on this..Thank you.What was written in your contract with them? Quote Link to comment
MrSENATOR Posted June 16, 2011 Share Posted June 16, 2011 Sir, may i ask if what are the things that i need to do and prepare kasi po may sinasanla po sa kin na house and lot.Thanks Quote Link to comment
TheSmilingBandit Posted June 16, 2011 Share Posted June 16, 2011 Sir, may i ask if what are the things that i need to do and prepare kasi po may sinasanla po sa kin na house and lot.ThanksLet me get this straight someone is mortgaging their house and lot with you? Better to get a lawyer, a good one, look over the loan agreement otherwise you could get screwed. Quote Link to comment
MrSENATOR Posted June 16, 2011 Share Posted June 16, 2011 Thank you. any idea how much will be lawyers fee in this case? Quote Link to comment
TheSmilingBandit Posted June 16, 2011 Share Posted June 16, 2011 Thank you. any idea how much will be lawyers fee in this case?Depends on how good your lawyer is and also how you negotiate with him/her. Try contacting Jopoc. Quote Link to comment
moichi Posted July 23, 2011 Share Posted July 23, 2011 Sirs, we are planning to buy a small house and lot, a foreclosed property. the title is already in the name of the bank. kaya lang may nakatira pa dun sa property. sabi ng bangko, when we buy it, the occupant will now be our problem. Question: 1) di ba dapat pag binili namin, paalisin nila yung nakatira?2) kung sakali we buy it, how do we get rid of the occupant? tia! Quote Link to comment
TanglewoodBoy Posted July 23, 2011 Share Posted July 23, 2011 just want to ask this mga sir.... we have a 3,000+ lot that we bought way before.....my mom is going to have a building na itatayo dun, siguro mga 3 floors, parang commercial building with a grocery sa baba niya tapos yung third floor siguro parang bahay na din namin.., my question is will we still pay for additional fees dahil babaguhin namin yung lupa from just a lot to commercial lot???? yung sa building permits, that's understandable.... thanks so much in advance sa sasagot... Quote Link to comment
Pinoymale Posted July 28, 2011 Share Posted July 28, 2011 Sirs, we are planning to buy a small house and lot, a foreclosed property. the title is already in the name of the bank. kaya lang may nakatira pa dun sa property. sabi ng bangko, when we buy it, the occupant will now be our problem. Question: 1) di ba dapat pag binili namin, paalisin nila yung nakatira?2) kung sakali we buy it, how do we get rid of the occupant? tia! Do not, I repeat, do not buy the property with the occupants still there. You won't be buying just a house and lot - you'll also be buying one hell of a headache. It's common practice for the bank to evict the occupants before selling the property, this makes it more enticing for prospective buyers. I know firsthand how difficult and expensive it is to evict people and it can take more than a year if the occupants are willing to fight tooth and nail to keep the property. I suggest you make it a non-negotiable condition that the bank clear out the occupants before you sign the contract, like what many prospective buyers do. Quote Link to comment
TheSmilingBandit Posted August 9, 2011 Share Posted August 9, 2011 just want to ask this mga sir.... we have a 3,000+ lot that we bought way before.....my mom is going to have a building na itatayo dun, siguro mga 3 floors, parang commercial building with a grocery sa baba niya tapos yung third floor siguro parang bahay na din namin.., my question is will we still pay for additional fees dahil babaguhin namin yung lupa from just a lot to commercial lot???? yung sa building permits, that's understandable.... thanks so much in advance sa sasagot...A mixed use property such as what you are suggesting would fall under the category of the more expensive item, in this case commercial, if you are not zoned for commercial, you will be spending a fair amount of time converting the property and area into commercial use. Sirs, we are planning to buy a small house and lot, a foreclosed property. the title is already in the name of the bank. kaya lang may nakatira pa dun sa property. sabi ng bangko, when we buy it, the occupant will now be our problem. Question: 1) di ba dapat pag binili namin, paalisin nila yung nakatira?2) kung sakali we buy it, how do we get rid of the occupant? tia!Do not, I repeat, do not buy the property with the occupants still there. You won't be buying just a house and lot - you'll also be buying one hell of a headache. It's common practice for the bank to evict the occupants before selling the property, this makes it more enticing for prospective buyers. I know firsthand how difficult and expensive it is to evict people and it can take more than a year if the occupants are willing to fight tooth and nail to keep the property. I suggest you make it a non-negotiable condition that the bank clear out the occupants before you sign the contract, like what many prospective buyers do.As was mentioned by Pinoymale, odds are that the current occupants were the former owners and that they probably have a court case about the property. I would advise looking elsewhere. Quote Link to comment
MrSENATOR Posted August 11, 2011 Share Posted August 11, 2011 Pls help. I will be buying a house and lot to my friend who is in need. He is the owner of the property.We agreed that he will be executing the deed of sale and will be giving to me the Certificate of Title once i give him the 50% of the selling price .balance of 50% will be paid 2 months after as per our agreement. Do you guys see any problem with our transaction? I dont have plan yet of transferring the ownership to my name since i dont have budget yet. Is there still a need for me to go to registry of deeds to documrent that i am the new owner of the property ? how? Thanks Quote Link to comment
moichi Posted August 15, 2011 Share Posted August 15, 2011 A mixed use property such as what you are suggesting would fall under the category of the more expensive item, in this case commercial, if you are not zoned for commercial, you will be spending a fair amount of time converting the property and area into commercial use. As was mentioned by Pinoymale, odds are that the current occupants were the former owners and that they probably have a court case about the property. I would advise looking elsewhere. ohoho... marming salamat po sa advise... Quote Link to comment
moichi Posted August 15, 2011 Share Posted August 15, 2011 Do not, I repeat, do not buy the property with the occupants still there. You won't be buying just a house and lot - you'll also be buying one hell of a headache. It's common practice for the bank to evict the occupants before selling the property, this makes it more enticing for prospective buyers. I know firsthand how difficult and expensive it is to evict people and it can take more than a year if the occupants are willing to fight tooth and nail to keep the property. I suggest you make it a non-negotiable condition that the bank clear out the occupants before you sign the contract, like what many prospective buyers do. maraming maraming salamat po sa advise... malaking tulong po ito... Quote Link to comment
play_boi Posted August 17, 2011 Share Posted August 17, 2011 please enlighten me. ano po kaibahan pag ang nakalagay sa deed of sale is "married to" or "spouses". sabi nila pag married to at nag hiwalay na kailangan lang ng affidavit of abandonment ok na where as sa spouses kailangan dumaan sa korte. tia Quote Link to comment
tantantiran Posted September 5, 2011 Share Posted September 5, 2011 Mga companero....i need help in transferring the title to my name, which will be given my mom. Di pa rin nasa pangalan ng mommy ko yung title....medyo mahabang story...kindly PM me your contact details then will call you. ASAP sana...by the way the property is in QC. salamat Quote Link to comment
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