Real estate brokers play a pivotal role in property transactions, facilitating deals and ensuring smooth exchanges between buyers and sellers. However, with the potential risk of illicit financial activities, it’s imperative for these professionals to uphold the standards set by the Anti-Money Laundering Council (AMLC) in the Philippines. Compliance with AMLC regulations not only safeguards the integrity of the real estate industry but also contributes to the country’s efforts in combating money laundering and terrorist financing.

Short answer is NO. You should have emergency funds first before buying a house. What is an emergency fund? An emergency fund is a savings account having enough money in it to pay for living costs for many months, usually between three to six months’ worth. It is a cash reserve that is set aside […]

The real estate market is one of the most popular investments for a lot of people. But is it possible for freelancers with variable cash flows to invest in real estate? It can be if you take these 3 tips into consideration: 1. Have your finances in order. Before investing, you have to make sure […]

When buying a property, you wouldn’t want to cancel your purchase because you’re unable to keep up with the amortizations. The disadvantage of not being able to continue with your monthly payments is that you will never receive a full refund on all of your payments. You may be entitled to refunds, but these may […]

Are you one of the few who really started saving this 2022? We are way halfway through the year and you may be thinking about how you can spend less and save more to finally buy a house. And while setting the intention is a great first step, the most important part is actually following […]

With the onset of globalisation there has been a rapid change in our lifestyle patttern. In the busy hectic schedule we often tend to overlook the need of making proper investments to save money.

These low-interest rates are now desirable for consumers the borrowers. Since our economy today is experiencing much money in banks, finance institutions tend to be more relaxed and approve the majority of loans, most especially for real estate loans. As the consumer, here are things to watch for in Bank Financing;>>> READ MORE

While there are some renters who view renting an apartment/condominium or a house as a failure, there are others who see the benefits there are to be gained from renting a property as opposed to purchasing a property. Some of the benefits of renting include … >>>READ MORE

When planning to buy a house for your family or a property for investment, one should look into his financial status to make sure he can afford the purchase. Financial status is one of the major factors that allows you to purchase a property. Most lender like banks look into the person’s capability to pay […]

While the use of a credit card allows a person to purchase items in credit, at the end of each month a bill will arrive stating the financial obligation the credit card owner needs to pay. There are a lot of good reasons and factors why one person should use a credit card like being […]