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MY FIRST LAND TITLE - OWNER PROPERTY COMPANY - TRUSTWORTHY?

Discussion in 'Property Development' started by tuba-coma, Feb 17, 2015.

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  1. ShawnM

    ShawnM Living the dream, Plan B ★ No Ads ★ Highly Rated Poster Showcase Reviewer Blood Donor Veteran Air Force

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    We used an attorney to help out with everything when we bought our lots, it was not too expensive and they knew how to get things straight. Your situation looks to be much larger and more complicated so hiring an attorney may be you best bet.

    Shawn
     
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    ShawnM, Feb 20, 2015
    #11
  2. mokum

    mokum DI Senior Member

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    But Shawn, do you have the title now???
     
    mokum, Feb 21, 2015
    #12
  3. OP
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    tuba-coma

    tuba-coma DI Forum Adept Restricted Account Showcase Reviewer

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    thx guys...yes, it smells fishy...but at least, it is a beautiful peace of land, so i sit down relaxed waiting what is happening next from the 2 family parties. let's take it as an adventure about how people try to sell their (?) property to a stupid foreigner :smuggrin: i am not in a hurry and my wallet is still sealed. also i am so curious how they want me to pay 1.5 million for a beach / the shoreline, that they not own, cz it is governments land. i just asked them for the title, and i guezz they are VERY busy now :tongue: so far, no reply from the owner in canada or the surely trustworthy agent in manila :wink:
     
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    tuba-coma, Feb 23, 2015
    #13
  4. Jack Peterson

    Jack Peterson DI Forum Luminary Highly Rated Poster SC Connoisseur Veteran Air Force

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    Well my friend, I hope you got age on your side and a fairly long lease on where you are staying at present or maybe a Scuba outfit because I would not hold your breath on this too long :wink:

    JP:bag: :whistling:
     
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    Jack Peterson, Feb 23, 2015
    #14
  5. OP
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    tuba-coma

    tuba-coma DI Forum Adept Restricted Account Showcase Reviewer

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    advice for property buyers: just take your time and you get informations like rotten apples fall from a tree. in this case, I learned today, that a german drug addict was found dead / killed on that beautiful beach land. I do not really believe in ghosts like my gf, but i think, this should lower the price to 500 per sqm :smuggrin:
     
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    tuba-coma, Feb 23, 2015
    #15
  6. Hyaku

    Hyaku DI Junior Member

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    PTA (beachfront) can only be leased. used to be 99, 66 or33, years now I think 33 only. You can do your own search. Visit the assessors office, Register of Deeds and most important B.I R. to see who owns, what taxes are paid or unpaid, is there a lease or mortgage on the said land etc. also who IS the owner and if there is a power of attorney invoked by somebody else to dispose of the property.
     
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    Hyaku, Feb 25, 2015
    #16
  7. OP
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    tuba-coma

    tuba-coma DI Forum Adept Restricted Account Showcase Reviewer

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    thanks, hyaku. you are right, you can only apply at the government for use of the land. costs some thousands pesos and may take a lot of time. instead, you buy beach property, do nothing. you use the beach just the way you want. as long as nobody cares, it is ok.
    law is one thing here, daily life is something totaly different.
     
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    tuba-coma, Feb 28, 2015
    #17
  8. Jack Peterson

    Jack Peterson DI Forum Luminary Highly Rated Poster SC Connoisseur Veteran Air Force

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    Not condoning anything illegal here, but I do think you are of the Right Track in your thinking.:wink:

    JP :bag: :whistling:
     
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    Jack Peterson, Feb 28, 2015
    #18
  9. OP
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    tuba-coma

    tuba-coma DI Forum Adept Restricted Account Showcase Reviewer

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    i just try to adapt myself the best way here :thumbsup:
     
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    tuba-coma, Feb 28, 2015
    #19
  10. Jack Peterson

    Jack Peterson DI Forum Luminary Highly Rated Poster SC Connoisseur Veteran Air Force

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    Tuba, there are days when I sit and Think, that it is the Only way, to Survive here.:thumbsup: this and trying to be one-step ahead where possible.:smuggrin:

    JP :bag: :wink:
     
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    Jack Peterson, Feb 28, 2015
    #20
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